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Wound Irrigation Systems Market share and In-Depth Analysis (2021-2028) | Growth Opportunities and Business Strategies

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Swapnil GVR
Wound Irrigation Systems Market share and In-Depth Analysis (2021-2028) | Growth Opportunities and Business Strategies

The global wound irrigation systems market size was valued at USD 283.45 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.8% from 2021 to 2028. The demand for wound irrigation systems is on the rise owing to technological advancements, the increasing prevalence of chronic diseases, and the rising number of surgical procedures.

 

Globally, the number of surgeries is increasing owing to which the incidence rate of surgical site infection is also anticipated to rise. According to a report published by the Health Research Educational Trust (HRET) in 2018, around 15.0 million surgeries are performed in the U.S. every year and approximately 2.0% to 5.0% of patients develop surgical site infection. Wound irrigation system allows a steady flow of solutions across the open wound surface, which provides better hydration of deep surgical site and wounds. The system also allows precise removal of cellular debris and surface pathogens from the wound exudates. As wound irrigation system allows rapid healing of surgical site infection, thus the rising number of surgical procedures is anticipated to surge the demand for wound irrigation system, thereby propelling the market growth.

 

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The global increase in the incidence of chronic diseases, such as diabetes, cancer, and other autoimmune diseases, is anticipated to fuel the market growth. Factors such as antimicrobial resistance, adoption of unhealthy and sedentary lifestyles, alcohol consumption, and smoking are some of the major factors contributing to the rise in the prevalence of non-communicable diseases.

 

Key Player Mentioned:

  • Zimmer Biomet
  • Stryker Corporation
  • Centurion Medical Products
  • BSN Medical
  • Cooper Surgical Inc.
  • R. Bard, Inc.
  • Bionix

Product Segment Analysis:

 

  • Manual
  • Battery-operated

Application Segment Analysis:

  • Chronic Wounds
  • Burns
  • Surgical Wounds
  • Traumatic Wounds

Access Press Release @: https://www.grandviewresearch.com/press-release/us-wound-irrigation-systems-market-analysis

Regional Segment Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

Key players are adopting various strategies such as mergers & acquisitions, product launches, and partnerships to strengthen their foothold in the market. For instance, in 2017, Bionix Inc. launched the Igloo wound irrigation system. This system allows effective removal of necrotic tissue and bacteria with continuous, high volume irrigation.

COVID-19 Impact:

The outbreak of the COVID-19 pandemic has significantly increased the demand for antiviral medicines globally. The treatment of novel coronavirus has increased the demand for broad-spectrum Glucose to manage the disease. Remdesivir, favipiravir, oseltamivir, and other combination medicines are highly prescribed for the treatment of COVID-19. Moreover, governments are increasing funding to pharmaceutical companies to develop novel therapeutics against COVID-19. For instance, in June 2021, the U.S. government has announced an investment of more than USD 3 billion to fasten the discovery, development, and manufacturing of antiviral medicines for COVID-19 treatment. The rising incidence of disease coupled with increasing R&D will increase the demand for Glucose in the next 2 to 3 years.

KEY aspects covered in the report include:

  • The market size and industry growth rate of the global and regional market across various segments
  • The region or the sub-segment that is expected to drive the Wound Irrigation Systems market in the forecast period 2021-2028
  • Key companies operating in the global Wound Irrigation Systems market and their market share
  • The Factors that are estimated to drive the Wound Irrigation Systems Market growth
  • Key opportunities in the Wound Irrigation Systems market
  • Key technological advancements and market trends that shape the market

Good Reasons to Buy a Global Wound Irrigation Systems Market Report:

  • Offers detailed market breakdown and data triangulation that will help guide the market trends.
  • The methodology used in the report gives the absolute authentic data that helps advising whether the market has an opportunity in the upcoming years.
  • Provides a detail analysis about the Covid-19 impact on the market and how it will help boost the market in the near future.
  • Give’s a thorough analyst’s viewpoint which guides the client through market collaterals for the better opportunities in the market.
  • Pinpoints the most valued region and how the market can be expanded in the industry to generate more revenue with all the important government guidelines and environmental policies.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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