The Benefit of Manuka Honey - Throughout the centuries, honey has been used as a wound dressing and other forms of medical treatment. Recent studies are further confirming the medicinal value and healing properties it possesses. There are 3 ingredients in honey that make it ideal as a healing compound. Many types of honey are found to be high in hydrogen peroxide, which is used to disinfect cuts and scrapes. In addition to this disinfecting ability, the high sugar content in honey is great for absorbing the moisture inside wounds.