Wound Irrigation Systems Market to Exceed Value of US$ 419.1 Mn by 2031: TMR Study

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Jul 12, 2022, 09:30 ET

Need for advanced wound closure and wound management in chronic wounds underpins massive lucrative avenues for companies in wound irrigation systems market; growing applications in burn care steering growth
Rising demand for wound care products in elderly population propelling revenue streams; opportunities in Asia Pacific market to expand at remarkable growth rate during forecast period

WILMINGTON, Del., July 12, 2022 /PRNewswire/ -- Various wound irrigation types are adopted in wound closure and management, given their effective role in speeding up wound healing. Advancements in wound irrigation preparations and techniques are spurring the use of products in growing number of patients with chronic diseases, thus expanding the size of the wound irrigation systems market. The global revenues are projected to reach more than US$ 419.1 Mn by 2031.

A TMR study has assessed the current avenues and emerging trends of the wound irrigation systems market by type. Leading companies are geared toward unveiling products that bring simplicity to the sterile field. A case in point is commercialization of Surgiphor wound irrigation systems that are intended to comply with best practices established by global health agencies.

The need for pre-mixed and pre-labeled surgical wound irrigation system will unlock new revenue streams in the wound irrigation systems market, observed the authors of the study. List of solutions used in wound dressing contain preservatives that offer broad bactericidal action against both gram-positive and gram-negative bacteria. The demand for multiple irrigation solutions has enriched the landscape of the wound irrigation systems market.

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Key Findings of Wound Irrigation Systems Market Study

Advances in Wound Closure and Wound Management Methods to Expand Profitable Avenues: Demand for medical products that promote wound healing and in effective management of chronic and acute wounds are steering lucrative opportunities for companies in the wound irrigation systems market. Need for advanced cleansing systems in chronic wounds has propelled the prospects of various wound irrigation solutions. Widespread use of wound irrigation saline for wound management is generating substantial revenue growth to market players.
Rise in Adoption in Elderly Population Propelling Lucrative Opportunities: Growing demand for wound irrigation systems in elderly population is rising, spurring the adoption of commercialization of the products. Advancements in methods of irrigation delivery has resulted in systems with better efficacy for wide range of patients' needs, thereby boosting the wound irrigation systems market.
Use in healing Burn Wounds Underpins Enormous Revenues: High burden of burn wounds has spurred the demand for wound irrigation systems. The burn segment held a major share of the global wound irrigation systems market in 2021. Need for reducing the mortality in burn wounds will catalyze profitable opportunities for players in the wound irrigation systems market.

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Wound Irrigation Systems Market: Key Drivers

Worldwide, growing number of people in urgent and emergent care centers with risks of infections in wound care is a key factor driving the evolution of the wound irrigation systems market. Each year, millions of patients need wound closure and wound management.
Rise in number of older adults who need wound care for chronic diseases, such as diabetic foot ulcers, has expanded the avenue for stakeholders in the wound irrigation systems market

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Wound Irrigation Systems Market: Regional Growth Dynamics

North America held a major share of the global wound irrigation systems market, amounting to about 37% share in 2021. Massive demand for products among geriatric population and constant product innovations are generating substantial profitable opportunities to companies in the North America wound irrigation systems market.
Asia Pacific has been found to be substantially lucrative market in 2021, with the TMR study forecasting the regional market to expand at CAGR of 4.0% during 2022–2031.

Wound Irrigation Systems Market: Key Players

Some of the key players in the wound irrigation systems market are Pulsecare medical, Actimaris, Irrisept, Mölnlycke Health Care AB, Sanara MedTech, CooperSurgical, Inc., Bionix, Schülke & Mayr, Becton, Dickinson and Company, Zimmer Biomet, Baxter, Cardinal Health, B. Braun, and Stryker.

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Wound Irrigation Systems Market Segmentation

Product Type

Irrigation fluids
Antiseptics
Topical Antibiotics
Wetting Agents
Others

Wound Type

Burns
Diabetic Foot Ulcers
Surgical Wounds
Traumatic Wounds
Others

End-user

Hospitals
Ambulatory Surgery Centers
Home Care
Others

Regions Covered

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Countries Covered

U.S.
Canada
U.K.
France
Italy
Germany
Spain
China
Japan
India
Australia & New Zealand
Brazil
Mexico
South Africa
GCC countries

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:

Wound Dressings Market: The global wound dressings market is expected to reach the value of US$ 17.7 Bn by the end of 2028. It is estimated to expand at a CAGR of 7.5% from 2021 to 2028.

Wound Closure Strips Market: The global wound closure strips market was valued at US$ 250 Mn in 2018. The wound closure strips market is expected to expand at a CAGR of ~7% during the forecast period from 2019 to 2027.

Advanced Wound Care Management Market: The global advanced wound care management market was valued at US$ 8,531.0 Mn in 2017 and is anticipated to expand at a CAGR of 5.8 % from 2018 to 2026.

Anal Irrigation Systems Market: The global anal irrigation systems market was valued at ~US$ 300 Mn in 2018, and is projected to reach ~US$ 380 Mn by 2027, expanding at a CAGR of ~3% from 2019 to 2027.

Diabetes Supplements Market: The global diabetes supplements market is expected to reach the value of US$ 13.4 Bn by the end of 2031. It is estimated to expand at a CAGR of 4.2% from 2021 to 2031.

Aseptic Transfer System Market: The global aseptic transfer system market is expected to cross the value of US$ 2.1 Bn by the end of 2031. It is estimated to expand at a CAGR of 7% from 2021 to 2031.

Baby & Pregnancy Skincare Products Market: The global baby & pregnancy skincare products market is projected to grow at a CAGR of 6.9% during the forecast period.

Wound Healing Market: The wound healing market will likely rise to US$35,065.7 mn in evaluation by the end of 2025, rising at 4.80% CAGR.

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