The Wound Cleanser Products Market To Stage Innovative Parameters For Growth (Reaching US$ 2.4 Bn) From 2021-2031
The Wound Cleanser Products Market To Stage Innovative Parameters For Growth (Reaching US$ 2.4 Bn) From 2021-2031
Published by Persistence MarketResearch
Posted on September 27, 2021
The Wound Cleanser Products Market is slated to reach US$ 2.4 Bn at a CAGR of 1.5% between 2021-2031. The present scenario is that of consumers driving as well as the accelerating pace of alteration in the healthcare vertical. This drives the digitally-enabled, seamlessly connected, and on-demand clinician-patient interactions. As such, patient-centric delivery transcending geographical barriers would be the epicenter going forward.
Wound cleanser products are known to remove contaminants and foreign materials such as debris on the skin surrounding the wound and the surface of the wound, and come in solutions, sprays, gels, and wipes. These cleansers are an effective means of infection control and help in preventing hospital associated infections through reduced frequency of change in dressings during treatment. This directly translates to a decrease in the unit cost in contrast to the traditional method of wound cleansing and tending.
According to the latest revised report published by Persistence Market Research, the wound cleanser products market is expected to witness a CAGR of 1.5% during the forecast period (2021 – 2031), to close in on a valuation of US$ 2.4 Bn by the end of 2031.
The global market for wound cleanser products is expected to swell 1.4X by 2031 as compared to its current market size.
The wetting agents segment, under product, is expected to hold more than 30% of revenue share in the market.
By end user, hospitals hold the highest market share in 2021, with sprays acquiring a significant market share of more than 25%.
Countries such as the U.S., Brazil, India, and China are expected to experience significant market growth over the coming years due to increase in awareness about wound cleansers and their cost-effectiveness.
The COVID-19 outbreak has had a positive impact on demand for wound cleanser products, due to rising awareness regarding hygiene and prevention of infection through contact.
The market in South Asia is projected to expand at the highest CAGR of 2.6%, closely followed by MEA at 2% CAGR, over the next ten years.
“Rise in cases of chronic wounds and diabetic foot ulcers is augmenting demand for wound cleanser products across the globe,” says a Persistence Market Research analyst.
Collaboration & Acquisitions – Key Strategies by Market Players
Leading wound cleanser products manufacturers are strengthening their product portfolios through collaboration and acquisitions.
In January 2021, Integra LifeSciences completed the acquisition of ACell Inc. and its proprietary MatriStem UBM, enabling the company to cater to complex wound management solutions in a comprehensive manner.
Various manufacturers are also focusing on growth strategies such as new product launches and FDA approvals.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the wound cleanser products market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for the period of 2021 – 2031, based on Product type (Wetting agents, Antiseptics, Moisturizers and others), Form Type (Solutions, Sprays, Foams, Wipes and Gels), Wound Type (Acute wounds, Chronic wounds and Burns) and end-user (Hospitals, Ambulatory Surgery Centers, Clinics, Long Term Care Centers and Home Care Settings), across seven key regions.
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The Wound Cleanser Products Market is slated to reach US$ 2.4 Bn at a CAGR of 1.5% between 2021-2031. The present scenario is that of consumers driving as well as the accelerating pace of alteration in the healthcare vertical. This drives the digitally-enabled, seamlessly connected, and on-demand clinician-patient interactions. As such, patient-centric delivery transcending geographical barriers would be the epicenter going forward.
Wound cleanser products are known to remove contaminants and foreign materials such as debris on the skin surrounding the wound and the surface of the wound, and come in solutions, sprays, gels, and wipes. These cleansers are an effective means of infection control and help in preventing hospital associated infections through reduced frequency of change in dressings during treatment. This directly translates to a decrease in the unit cost in contrast to the traditional method of wound cleansing and tending.
According to the latest revised report published by Persistence Market Research, the wound cleanser products market is expected to witness a CAGR of 1.5% during the forecast period (2021 – 2031), to close in on a valuation of US$ 2.4 Bn by the end of 2031.
The global market for wound cleanser products is expected to swell 1.4X by 2031 as compared to its current market size.
The wetting agents segment, under product, is expected to hold more than 30% of revenue share in the market.
By end user, hospitals hold the highest market share in 2021, with sprays acquiring a significant market share of more than 25%.
Countries such as the U.S., Brazil, India, and China are expected to experience significant market growth over the coming years due to increase in awareness about wound cleansers and their cost-effectiveness.
The COVID-19 outbreak has had a positive impact on demand for wound cleanser products, due to rising awareness regarding hygiene and prevention of infection through contact.
The market in South Asia is projected to expand at the highest CAGR of 2.6%, closely followed by MEA at 2% CAGR, over the next ten years.
“Rise in cases of chronic wounds and diabetic foot ulcers is augmenting demand for wound cleanser products across the globe,” says a Persistence Market Research analyst.
Collaboration & Acquisitions – Key Strategies by Market Players
Leading wound cleanser products manufacturers are strengthening their product portfolios through collaboration and acquisitions.
In January 2021, Integra LifeSciences completed the acquisition of ACell Inc. and its proprietary MatriStem UBM, enabling the company to cater to complex wound management solutions in a comprehensive manner.
Various manufacturers are also focusing on growth strategies such as new product launches and FDA approvals.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the wound cleanser products market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for the period of 2021 – 2031, based on Product type (Wetting agents, Antiseptics, Moisturizers and others), Form Type (Solutions, Sprays, Foams, Wipes and Gels), Wound Type (Acute wounds, Chronic wounds and Burns) and end-user (Hospitals, Ambulatory Surgery Centers, Clinics, Long Term Care Centers and Home Care Settings), across seven key regions.
Access Related Reports:
Biosensors Market:
The global biosensor market was valued at USD 12,963.6 million in 2014 and is expected to grow at a CAGR of 9.7% from 2014 to 2020, to reach an estimated value of USD 22,551.2 million in 2020.
Examination Tables Market:
The global examination tables market is slated to touch a value of about US$ 440 Mn in the year 2022 and display a moderate CAGR during the assessment period.
Lithotripsy Devices Market:
According to the latest report published by Persistence Market Research titled “Lithotripsy Devices Market: Global Industry Analysis 2013-2017 and Forecast 2018–2026,” the Lithotripsy Devices Market is anticipated to expand at a CAGR of 4.3% during the forecast period in terms of value.
Dural Graft Market:
Global demand for dural graft is expected to grow significantly, owing to rising burden of neurosurgical diseases leading to increasing cranial and spinal duraplasty, and rapid technological advancements in dural graft products.
About Us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.
Contact Us:
Persistence Market Research Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States U.S. Ph. – +1-646-568-7751 USA-Canada Toll-free – +1 800-961-0353 Sales – sales@persistencemarketresearch.com Website – https://www.persistencemarketresearch.com