Global Wound Irrigation System Market is valued approximately USD 248.03 million in 2019 and is anticipated to grow with a healthy growth rate of more than 3.8 % over the forecast period 2020-2027. Wound Irrigation System is an effective method for wound cleansing. It is non-invasive procedure that is assisted with a better visual examination, in which a steady flow of a solution is used for wound hydration; remove debris, dead cells, pathogens, and excess blood or other exudates such as pus in an open wound. Also, the Wound Irrigation System prevents the risk of infection or worsening infection. Further, increasing investments in urgent care has seen continuous technological advancements, increase in prevalence of chronic diseases and the rising number of surgical has led the adoption of Wound Irrigation System across the forecast period. For Instance: in 2017, Centurion Medical Products launched IRIG-8, a wound irrigation system IRIG- for acute wound management in the emergency room, it will deliver irrigation solutions in high volumes to acute wounds with constant pressure. According to the company website, in 2017, Bionix Inc. launched the Igloo wound irrigation system; hence, it enables the effective removal of necrotic tissue and bacteria with continuous, high volume irrigation. These initiatives expanded the product portfolio of the respective companies, thus increasing total market share However, the high costs of the wound irrigation products due to low adoption of the technique and the lack of awareness among the consumers to use this method over conventional method, are the factors impede the growth of the market over the forecast period of 2020-2027. Also, with the increasing prevalence of injuries, the method is more user-friendly and convenient than conventional methods to use, hence creates an opportunity to increase the adoption & demand for Wound Irrigation System.
The regional analysis of global Wound Irrigation System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing cases of burns, rising chronic diseases, and the presence of several key players coupled with the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing prevalence of chronic wounds, especially diabetes, continuous rise in adoption of new products and improving healthcare infrastructure would create lucrative growth prospects for the Wound Irrigation System Market across Asia-Pacific region.
Major market player included in this report are:
Centurion Medical Products Corporation
Cooper Surgical Inc.
Molnlycke Health Care Ltd.
B. Braun Medical Inc.
Bionix Development Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Wound Type:
Ambulatory Surgical Centres
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Wound Irrigation System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers