Future Scenarios and Implications for the Wound Irrigation Solutions Market

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.

The global wound irrigation solutions market expected to be US$ 1,580.14 Mn in 2018 and is predicted to grow at a CAGR of 3.5% during the forecast period 2019 – 2027, to reach US$ 2,153.51 Mn by 2027.

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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, 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.

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Product Insights

The global wound irrigation solutions market by product was led by wetting agents, antiseptics and topical antibiotics. In 2018, wetting agents segment held the largest share of the market. Moreover, the antiseptics segment is expected to grow at the fastest rate during the coming year.

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This release was published on openPR.