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Global Wound Debridement Market Trends and Opportunities 2024
Wound Debridement Market Trends
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According to The Business Research Company's, The wound debridement market size has grown strongly in recent years. It will grow from $5 billion in 2023 to $5.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increase in prevalence of chronic diseases, aging population, rise in healthcare expenditure, increase in sports injuries and road accidents, economic growth.
The wound debridement market size is expected to see strong growth in the next few years. It will grow to $7.03 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing diabetic population, growing outpatient care, regulatory support, increasing volume of surgical procedures, rise in healthcare infrastructure. Major trends in the forecast period include biological debridement, robotic debridement, smart wound dressings, minimally invasive techniques, advanced wound imaging.
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Market Drivers and Trends:
Growing awareness programs for wound care and management are expected to propel the growth of the wound debridement market going forward. There are various causes of wounds such as injury, accident, surgical wounds and burns, diabetes, vascular disease, and some chronic wounds, including leg ulcers, diabetic foot ulcers (DFUs), and pressure ulcers. Many wound management and prevention programs have been organized to create awareness about the severity of the wound. For instance, in June 2021, Healogics, a US-based company providing wound care services, launched the Healogics Wound Care Awareness Campaign from June 7-11, 2021, for a week to create awareness regarding the chronic wound healing program. This program is designed to help both patients and healthcare providers with resources and help improve health, heal wounds and prevent amputations. Many workshops have been arranged to create awareness about the wound's severity and care. Therefore, the growing awareness programs for wound care and management are driving the growth of the wound debridement market.
Technological innovations are a key trend gaining popularity in the wound debridement market. Major market players are concentrating their efforts on creating innovative technologies for wound debridement. Wound care has come a long way in recent years, with wearable technologies, electronic health data, and a diverse range of devices for examination and dressings alone. For example, in June 2021, researchers from RMIT University, an Australian-based university, developed a new type of nanosensor with a glowing feature wound dressing unit for advanced care to track and monitor infection. The antibacterial and anti-inflammatory properties of magnesium hydroxide have been harnessed in this unit, which aids in the reduction of inflammation, the struggle against germs, and the faster healing of wounds.
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Major Key Players of the Market:
Smith & Nephew plc, B. Braun Melsungen AG, Coloplast A/S, ConvaTec Group PLC, Lohmann & Rauscher International, Integra LifeSciences Corporation, Arobella Medical LLC, Medline Industries Inc., Acelity L.P. Inc., DeRoyal Industries Inc., Histologics LLC, ArthoCare Corporation, Advanced Medical Solutions Group, Söring GmbH, Bactiguard AB, Zimmer Biomet Holdings Inc., Monarch Labs, Mölnlycke Healthcare, Advancis Medical, RLS Global Inc., Sanara MedTech Inc., MDM Wound Ventures Inc., Derma Sciences Inc., 3M Company, Hollister Incorporated, Human Biosciences Inc., Misonix Inc., BSN medical GmbH, AtoZ Healing Technologies LLC, BioMonde Ltd., Bionix Development Corporation, Celleration Inc., Covalon Technologies Ltd., Devon Medical Inc., E-QURE Corp., EKare Inc.
Wound Debridement Market 2024 Key Insights:
• The wound debridement market size is expected to see strong growth in the next few years. It will grow to $7.03 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
• Rising Awareness Programs Drive Wound Debridement Market Growth
• Innovative Technologies Transforming The Wound Debridement Market
• North America was the largest region in the wound debridement market in 2023
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