Wound Irrigation Solutions Market is reach $2,153.51 Million by 2027
The global wound irrigation solutions market expected to be US$ 1,580.14 Mn in 2018 and is predicted to grow at a CAGR of 3.5% during the forecast period 2019 – 2027, to reach US$ 2,153.51 Mn by 2027.
Europe is the second largest geographic market and is expected to be the second most significant revenue contributor throughout the forecast period. The region has witnessed several advancements in the field of medical devices due to the prevalence of diabetic foot ulcers, pressure ulcers and associations supporting wound care treatment.
Rising Number of Road Accidents
The road accidents are the leading traumatic events that helps to upsurge the market for wound irrigation solutions worldwide. Across the world, the traffic and the roads are shared by cars, buses, trucks, motorcycles, mopeds, pedestrians, animals, taxis, and other modes of travel. According to the Centers for Disease Control and Prevention (CDC) data published in 2016, stated that road accidents injuries lead to a substantial economic burden on the lower and middle-income countries. For instance, it was expected that the approximate cost of US$ 518 billion across the globe and near around US$ 65 billion in the lower income and middle-income countries.
The road accidents injuries cause the open bone fracture in the different parts of the body. Also, other conditions that caused injuries include the people who experience spinal cord paralysis, head brain injuries, facial disfigurement, wrist & arm injuries, and more. In order to remove bacteria from contaminated tissues, the injuries are first treated with debridement by irrigation of a wound surface with irrigation solutions. At present, among all the irrigation solutions, povidone iodine, normal saline, amikacin are widely used in the hospitals. When performed properly, wound irrigation can enhance wound healing by reducing infection and its attendant morbidities. The wound irrigation is a vital part of wound management and it is the single greatest intervention in wound care that can reduce the risk of infection. Thus, increasing rate of road accidents helps to increase the growth of the wound irrigation solutions market in the forecast period.
Technological Advancement in Wound Care Products
Wound care products are ideally preferred for post-surgery wound treatment. In October 2017, Integra LifeSciences Holdings Corporation launched the Revize / Revize-X Collagen Matrix, for plastic and reconstructive surgery. The matrix is an expandable matrix which is offering up to double the initial coverage area once hydrated and fully expanded. In November 2016, B. Braun Medical Inc. launched Prontosan Wound Gel X. The only available wound gel containing Betaine and Polyhexanide (PHMB). Prontosan Wound Gel X is launched for maintaining a clean and moist wound environment that is conducive to healing.
Product Insights
The global wound irrigation solutions market by product was led by wetting agents, antiseptics and topical antibiotics. In 2018, wetting agents segment held the largest share of the market. Moreover, the antiseptics segment is expected to grow at the fastest rate during the coming year.
WOUND IRRIGATION SOLUTIONS – MARKET SEGMENTATION
By Product
- Wetting Agents
- Topical Agents
- Antiseptics
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Homecare Facilities
By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Asia Pacific (APAC)
China
India
Japan
Australia
South Korea
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
South and Central America
Brazil
Argentina
Check Research Report Sample at https://www.theinsightpartners.com/sample/TIPRE00006465
ABOUT US
The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Technology, Media, and Telecommunication.
Our research model is very simple. We believe in client servicing and delivering the best quality to our customers. Through our research content, we are making sure that our customers get value for their money along with better quality data and analysis.
Our research content is majorly focused towards market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis, etc. We provide a detailed break-up of segmentation in terms of geography, technology, products, and services etc., which helps our clients to gain a deeper analytical understanding of various research topics.
CONTACT US
If you have any queries about this report or would like further information, please contact us:
North America: +1 646 491 9876
Email: [email protected]