[Research Report] The wound irrigation systems market was valued at US$ 238.43 million in 2018 and it is projected to reach US$ 310.43 million in 2027; it is expected to grow at a CAGR of 3.0% from 2019 to 2027.
Wound irrigation refers to the process of passing normal saline over a wound before the method of wound treatment. Wound irrigation helps in achieving wound hydration by removing deeper debris, hence enabling better clarity of the injury for visual examination. Wound irrigation is easy to perform, rapid, cost-efficient as well as effective. The procedure can be conducted in any form of setting, such as home care, outpatient, or inpatient. The process helps in eradicating surface bacteria, wound exudate and topical agents and dressing residue, hence reducing the risk of further wound infections. The growth of the global wound irrigation systems market is attributed to the rise in geriatric population and the increasing prevalence of diabetes & related chronic wounds. However, negligence towards the use of wound irrigation systems is the major factor hindering the market growth.
The global wound irrigation systems market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.
Lucrative Regions for Global Wound Irrigation Systems Market
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Market Insights
Increasing Prevalence of Diabetes & Related Chronic Wounds to Drive Global Wound Irrigation Systems Market Growth
Chronic wounds are the wounds that have not progressed through an orderly or timely process due to disruption of the wound healing cycle. Chronic wounds, unlike the other types of wounds, require more extended healing periods. Common examples of chronic wounds include pressure ulcers, ischemic ulcers, diabetic foot ulcers, venous ulcers, and infectious surgical or traumatic injuries. These wounds symbolize a significant burden on patients, healthcare professionals. The condition is known to affect almost 5.7 million patients in the United States, leading to an overall expenditure of nearly US$20 billion annually.
Diabetes is one of the most significant global health emergencies of the 21st century. Every year rise in the diabetic population is being witnessed on a worldwide level, resulting in life-changing complications. According to the International Diabetes Federation (IDF), in 2017, the number of people with diabetes in North America was approximately 46 million, which is expected to grow at 62 million in 2045.
Type 2 diabetes is the most commonly occurring form of diabetes and has increased owing to cultural and societal changes. In high-income countries, up to 91% of adults with the disease have type 2 diabetes. According to the International Diabetes Federation (IDF), approximately 425 million people were living with diabetes in 2017, and it is expected to reach 629 million by 2045 across the globe.
Diabetes affects various parts of the body, especially feet. Diabetic foot ulcers are sores that develop on the feet, and they can grow even from seemingly minor injuries to the feet. Diabetic foot ulcers are a common cause of amputation due to diabetes. Across the globe, approximately every 30 seconds one leg is amputated because of diabetes. According to the report published by the International Journal of Endocrinology, in 2017, about 15–25% of patients with diabetes are susceptible to foot ulcer during their lifetime.
The risk of developing a diabetic foot ulcer in diabetic patients is anticipated to be around 2%. However, the risk in patients with a previous history of foot ulceration is expected to increase to 17–60% over the next three years. Around 20% of hospital admissions in people with diabetes are because of foot ulcers. Hence, the factors mentioned above are anticipated to fuel the demand for wound irrigation systems market worldwide at a considerable rate during the coming years.
Product -Based Insights
In terms of product, the global wound irrigation systems market is segmented into manually operated and battery operated. In 2018, the battery operated segment held largest share of the market. Moreover, the same segment is estimated to grow at the fastest rate during the forecast period.
Global Wound Irrigation Systems Market, by Product – 2018 and 2027
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Wound Type-Based Insights
Based on wound type, the global wound irrigation systems market is segmented into burns, chronic wounds, surgical wounds, traumatic wounds and others. The chronic wound segment held the largest market share in 2018. Also, the same segment is estimated to grow at the fastest rate during the forecast period.
End User-Based Insights
In terms of end user, the global wound irrigation systems market is segmented into hospitals, ambulatory care centers, and others. The hospital segment held the largest share of the market in 2018, and the same segment is estimated to grow at the fastest rate during the forecast period.
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Wound Irrigation System Market: Strategic Insights
Market Size Value in US$ 238.43 Million in 2018 Market Size Value by US$ 310.43 Million by 2027 Growth rate CAGR of 3.0% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Wound Irrigation System Market: Strategic Insights
| Market Size Value in | US$ 238.43 Million in 2018 |
| Market Size Value by | US$ 310.43 Million by 2027 |
| Growth rate | CAGR of 3.0% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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The global wound irrigation systems market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.
Global Wound Irrigation Systems Market – by Product
- Manually Operated
- Battery Operated
Global Wound Irrigation Systems Market – by Wound Type
- Burns
- Chronic Wounds
- Surgical Wounds
- Traumatic Wounds
Global Wound Irrigation Systems Market – by End- User
- Hospitals
- Ambulatory Surgical Centers
- Wound Care Facilities
Global Wound Irrigation Systems Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
Company Profiles
- Bionix Development Corporation
- BSN Medical
- C.R. Bard, Inc
- CooperSurgical, Inc
- Stryker Corporation
- Zimmer Biomet
- SunMed
- Centurion Medical Products
- Westmed, Inc.
- PulseCare Medical, LL
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product , Wound Type , End User and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
The List of Companies
- Bionix Development Corporation
- BSN Medical
- C.R. Bard, Inc
- CooperSurgical, Inc
- Stryker Corporation
- Zimmer Biomet
- SunMed
- Centurion Medical Products
- Westmed, Inc.
- PulseCare Medical, LLC
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
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- 3.1 Macro-Economic Factor Analysis:
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The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
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