Overview of Wound Irrigation Solutions Market
The research report titled ‘Wound Irrigation Solutions Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
According to a new market research study titled ‘Wound Irrigation Solutions Market to 2027 – Global Analysis and Forecasts by Product, End User and Geography.’ The global wound irrigation solutions market is expected to reach US$ 2,153.51 Mn in 2027 from US$ 1,580.14 Mn in 2018. The market is estimated to grow with a CAGR of 3.5% from 2019-2027. The report highlights the trends prevalent in the global wound irrigation solutions market and the factors driving the market along with those that act as deterrents to its growth.
Global wound irrigation solutions market, based on product was segmented as, wetting agents, topical agents and antiseptics. In 2018 wetting agents held the largest share of the market, by product as it minimizes tissue damage, removes biofilm and prevents its further formation, hence reducing the time taken for healing time of wounds However, the antiseptics segment is anticipated to grow at a significant rate during the forecast period.
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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.
WOUND IRRIGATION SOLUTIONS – MARKET SEGMENTATION
By End User
-Hospitals & Clinics
-Ambulatory Surgical Centers
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