Global Wound Drainage Market Blooming by 2021-2026 | B. Braun, ConvaTec, C.R. Bard, Redax, Ethicon, Stryker

The global Wound Drainage market size is projected to grow in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Wound Drainage costs and increasing production and growing capacity in Healthcare industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Wound Drainage market.

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Wound drainage is the result of the blood vessels dilating during the early stages of healing. The amount of wound drainage that a patient exudes is largely dependent on the type of wound and the individual. Managing wound drainage involves making sure that exudate production is not too much or too little, and making sure the exudate does not have pus which would indicate an infection. Proper wound drainage management improves the patient's quality of life, promotes healing, and enhances health care effectiveness.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Pandemic impact on the Global Wound Drainage Market:

1 The Wound Drainage industry experienced decline in sector during the COVID-19 pandemic. This is attributed to the sharp decrease in chemical, pharmaceutical, automotive, and industrial sectors.

2 Manufacturing companies has prolonged closure of all its operations at its workplaces and manufacturing areas, until reopening instructions received from the government authorities.

3 In addition, due to reduction in labours in light of social distancing norms amid the COVID-19 pandemic, the Wound Drainage industry witnessed significant decrease in the production.

4 At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Wound Drainage market size in 2020 will be lower than in previous years.

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Wound Drainage Market Players:

Braun
Cardinal Health
ConvaTec
C.R. Bard
Redax
Ethicon
Stryker
Romsons
Medtronic
Medline Industries
Cook Medical
Poly Medicure
Zimmer Biomet
Global Medikit
Degania Silicone
Product Type Segmentation:

Passive Drains
Active Drains

Industry Segmentation:

Hospitals
Clinics

Segmentation by Regions:

The research report includes a detailed study of regions of North America, Europe, China and Japan. The report has been given after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2026.

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Top Industry News:

Product Success: One million SeQuent Please sold on 22 March, 2021 -- In December 2020, B. Braun Vascular Systems produced and sold its one millionth drug coated balloon catheter.

“We would like to use this opportunity to thank everyone involved in this fantastic success for their great performance," said Jochen Becker, Senior Vice President Global Sales & Marketing at B. Braun Vascular Systems. "Together, we have created and developed this new market segment and achieved a remarkable market-leading position worldwide."

The drug coated coronary balloon catheter, SeQuent Please, is produced at the B. Braun factory site in Berlin and has a global market share of approximately 70 percent today. It is a success story for B. Braun and also an outstanding example of Sharing Expertise.

How did this happen? In 2004, Professor Ulrich Speck from the Charite University Hospital in Berlin and Professor Bruno Scheller from Homburg/Saarland, were looking for an industrial partner to develop a novel medical product for coronary balloon catheters. Such products dilate narrowed coronary arteries, allowing restoration of a blood flow, sufficient oxygen supply to the heart and therefore the prevention or treatment of a heart attack.

Initial experiments by the two physicians saw to coat balloon catheters with a drug to significantly reduce the risk of repeat vessel narrowing or occlusion. Through partnering with B. Braun, the physicians accessed the necessary expertise to turn this novel innovation into a production-ready, approved and commercially viable product. In 2006, the breakthrough clinical trial, PACCOCATH ISR I, published in the renowned "New England Journal of Medicine" demonstrated excellent clinical results. The proven safety and efficacy of SeQuent Please from this trial convinced the medical community, too.

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