Global Gunshot Injuries Market to witness growth during the forecast period 2019-2026 along with the increasing incidences of firearm-related crime resulting in non-fatal gunshot wounds, incidents of war, armed riots, and the rising crime rates

Hyderabad, April 29, 2019 -- The "Gunshot Injuries Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2026" report has been added to Datamintelligence.com's offering.
Gunshot Injuries Market Dynamics
⦁Primary drivers of the global gunshot injuries market are increasing incidences of firearm-related crime resulting in non-fatal gunshot wounds, incidents of war, armed riots, and the rising crime rates.
⦁For instance, in 2017 alone, 11 mass shootings in the US caused 117 fatalities and 587 injuries occurring in concert, religious, workplace, airport, and shopping venues and the community.
⦁According to the CDC, there were 1,555 firearm fatalities in Pennsylvania alone, in 2016.
⦁Furthermore, raising awareness about the efficiency of gunshot management products for the treatment of GSWs is further propelling the market growth for gunshot injuries treatment.
⦁However, limited availability of products mainly in the emerging economies, alternative methods, and options for treating the gunshot wounds, along with the stringent guidelines for products approved by the government may hinder the growth of the gunshot injury market.
Gunshot Injuries Market Segmentation
⦁By Product type, the global gunshot injury is segmented into Xstat, Airwrap, and Floseal. Xstat share dominants the product segment is owing it to the increase in adoption of the product due to its efficiency in preventing blood loss and the novelty of the product.
⦁January 2017, RevMedx announced that the Highland Park Department of Public Safety (Highland Park, TX) is fielding XSTAT as a new treatment option in their medical and trauma kits. Xstat is prescription devices that work using a syringe-like applicator to inject a group of small, rapidly-expanding sponges into a wound cavity.
⦁After inserting, the sponges rapidly expand and exert pressure and closing up the wound. XSTAT can stop bleeding in seconds to stabilize injuries until patients reach emergency care, unlike traditional methods which take several minutes to come into effect.
Gunshot Injuries Market Geographical Share
⦁North America accounts for the largest share in the global gunshot injuries market, followed by Europe. It is a crucial contributor to the market as it is a developed region with high spending of GDP in healthcare, especially in the US and Canada, increased research and development expenditure and availability of advanced gunshot wound care products such as sponge-filled syringes and bandages.
⦁Additionally, the rise in gun crime, the presence of superior wound care facilities, along with the growing awareness are expected to propel the gunshot injuries market in North America and Europe.
⦁The CDC’s Wonder database shows that in 2017, 39,773 people in the US lost their lives at the point of a gun when adjusted for age fluctuations, that represents a total of 12 deaths per 100,000 people. It is up from 10.1 in 2010 and the highest rate since 1996.
⦁The Asia Pacific is expected to witness the most significant growth regarding the consumption of gunshot injuries products.
⦁The growth of the share is supposed to be driven by China and India owing it to their large populations, increasing gun-related crime cases, rise in accessibility of wound care products, and developing health care infrastructure.
⦁The global gunshot injuries market in the Middle East, Africa, and South America is anticipated to expand during the forecast period, owing to the expected launch of wound care products in these regions.
Companies Covered
RevMedx, Inc. and Baxter Healthcare Corporation
Key Points covered in the report
⦁Gunshot Injuries Market - Methodology and Scope
⦁Gunshot Injuries Market - Trends
⦁Gunshot Injuries Market - Industry Analysis
⦁Geographical Analysis
⦁Competitive Landscape
⦁Company Profiles

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