For the global healthcare industry, confronting the
associated challenges arising from an aging population can seem like a daunting
prospect. People are living longer—with sources showing the 75-years-and-older
population in the U.S. is expected to grow by 3.9% from 2018 to 2030[1]—but
they are also being diagnosed with more diseases as they age. Combining longer
life and potentially more health issues with rising healthcare costs, it is
expected that total personal health expenditures in the U.S. will rise in trend.[2]
Against this backdrop comes the need for practical,
yet proven, strategies to bolster patient outcomes responsibly. The healthcare industry
is looking for medically effective and cost-effective solutions to address
these looming challenges.
Milliken healthcare
innovations are uniquely poised to be the response. From development to
delivery, our range of products include cohesive and compression bandages, skin care products, wound contact layers, foam dressings, antimicrobial
dressings, burn care dressings, and hemostatic dressings. These products, which
include lines like COFLEX®, COFLEX TLC®, TRITEC™, ULTRA, ASSIST, and NUSTAT™ wound dressings, draw on Milliken’s
vast textile understanding and R&D capabilities to enhance patient outcomes
and reduce the cost to treat challenging chronic wounds.[3]
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Expanding into the healthcare industry was the
result of our ability to apply Milliken learning to positively impact new
situations and industries. We then work alongside clinicians and field representatives
to see how we can build on our innovations to provide tailored benefits. Some
examples of this can be seen in our CoFlex® TLC compression systems with visual
indicators for the clinician’s ease-of-use and application, as well as our
Active Fluid Management® technology that helps protect the patient’s healthy
skin from maceration.
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call to think big helped us pinpoint this area of unmet need. Milliken’s
portfolio of advanced wound care dressings, and cohesive and compression
bandages was recently expanded through our acquisition of Andover Healthcare and
has seen steady growth since entering the market nearly 14 years ago. This
year, we formalized our commitment to the healthcare industry by creating a new
Healthcare division at Milliken, with the hope that our portfolio can assist the healthcare industry in meeting the rising demands and emerging
challenges they face for generations to come.
[1] Census, CMS,
BLS
[2] Centers for
Medicare and Medicaid Services, BLS, Health Advances Analysis
[3] “Treatment
of Venous Insufficiency Complicated by Stasis Dermatitis: Less is More Approach
Using a Silver Moisture Management Wrap.” – Kristina Daly; RN, BSN; Anita
Robinson; RN, BS, WCC, OMS