Wetting agents segment is expected to grow the market for wound irrigation solutions over the forecast period among the product segment.
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.
The market for wound irrigation solutions is expected to grow owing to factors such as, rising number of road accidents and rising cases of burn. In addition, technological advancement in wound care products is likely to have a positive impact on the growth of the market in the coming years.
The major players operating in the wound irrigation solutions market include, C.R Bard (BD), B. Braun , elsungen AG, ConvaTec Group PLC, Schülke & Mayr, Smith & Nephew, NovaBay Pharmaceuticals, Inc, Medline Industries, Inc., Cardinal Health, Inc., Reckitt Benckiser Group plc., and Coloplast Group. The market has witnessed various organic as well as inorganic developments during recent years in the wound irrigation solutions market. During March 2017, expansion of Sensi-Care portfolio in $500m market for skin care wipes, providing customers with advanced, evidence-based1 solutions to cleanse, moisturize and protect patients’ skin.
Global Wound Irrigation Solutions Market, By Regions, 2018 (%)
The report segments the Global Wound Irrigation Solutions Market as follows:
Global Wound Irrigation Solutions Market – By Product
Global Wound Irrigation Solutions Market – By End User
Global Wound Irrigation Solutions Market – By Geography
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