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Wound Irrigation Solutions Market Key Strategic Moves & Developments with 3.5% of CAGR by 2027 - Schülke & Mayr, Smith & Nephew, NovaBay Pharmaceuticals, Medline Industries, Cardinal Health, Reckitt Benckiser
Wound Irrigation Solutions Market
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.
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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.
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.
Europe is the second largest geographic market and is expected to be the second most significant revenue contributor throughout the forecast period. The region has witnessed several advancements in the field of medical devices due to the prevalence of diabetic foot ulcers, pressure ulcers and associations supporting wound care treatment.
WOUND IRRIGATION SOLUTIONS – MARKET SEGMENTATION
By Product
• Wetting Agents
• Topical Agents
• Antiseptics
By End User
• Hospitals & Clinics
• Ambulatory Surgical Centers
• Homecare Facilities
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