Wound Irrigation Solutions Market Growth Opportunities by 2027

The wound irrigation solutions market was valued at US$ 1,580.14 million in 2018 and it is projected to reach US$ 2,153.51 million in 2027; it is expected to grow at a CAGR of 3.5% from 2019 to 2027.

Wound irrigation refers to the process of passing normal saline over a wound before the method of wound treatment. Wound irrigation solutions help in the removal of cellular debris and pathogens on the surface of a wound. Wound irrigation solutions are highly preferred since they come along with less side effects and offer better results in eradicating the chances of a potential infection at the site of wound. The growth of the global wound irrigation solutions market is attributed to the rising number of road accidents and rising cases of burn. However, lack of reimbursements is the major factor hindering the market growth.

The global wound irrigation solutions market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years. 

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Wound Irrigation Solutions Market: Strategic Insights

Wound Irrigation Solutions Market

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  CAGR (2018 - 2027)

  3.5%
• Market Size 2018
  US$ 1.58 Billion
• Market Size 2027
  US$ 2.15 Billion

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• C R Bard BD
• B Braun Melsungen AG
• ConvaTec Group PLC
• Sch lke Mayr AIR LIQUIDE
• Smith Nephew
• NovaBay Pharmaceuticals Inc
• Medline Industries Inc
• Cardinal Health Inc
• Reckitt Benckiser Group plc

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product

• Wetting Agents
• Antiseptics and Topical Antibiotics

End User

• Hospitals & Clinics
• Ambulatory Surgical Centers and Homecare Facilities

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Market Insights

Rising Number Of Road Accidents to Drive Global Wound Irrigation Solutions Market Growth

The road accidents are the leading traumatic events that helps to upsurge the market for wound irrigation solutions worldwide. Across the world, the traffic and the roads are shared by cars, buses, trucks, motorcycles, mopeds, pedestrians, animals, taxis, and other modes of travel. According to the Centers for Disease Control and Prevention (CDC) data published in 2016, stated that road accidents injuries lead to a substantial economic burden on the lower and middle-income countries. For instance, it was expected that the approximate cost of US$ 518 billion across the globe and near around US$ 65 billion in the lower income and middle-income countries.

The road accidents injuries cause the open bone fracture in the different parts of the body. Also, other conditions that caused injuries include the people who experience spinal cord paralysis, head brain injuries, facial disfigurement, wrist & arm injuries, and more. In order to remove bacteria from contaminated tissues, the injuries are first treated with debridement by irrigation of a wound surface with irrigation solutions. At present, among all the irrigation solutions, povidone iodine, normal saline, amikacin are widely used in the hospitals. When performed properly, wound irrigation can enhance wound healing by reducing infection and its attendant morbidities. The wound irrigation is a vital part of wound management and it is the single greatest intervention in wound care that can reduce the risk of infection. Thus, increasing rate of road accidents helps to increase the growth of the wound irrigation solutions market in the forecast period.

Product -Based Insights

In terms of product, the global wound irrigation solutions market is segmented into wetting agents, antiseptics and topical antibiotics. In 2018, the wetting agents segment held largest share of the market. However, the antiseptics segment is estimated to grow at the fastest rate during the forecast period.

Wound Irrigation Solutions Market Report Scope

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End User-Based Insights

In terms of end user, the global wound irrigation solutions market is segmented into hospitals & clinics, ambulatory surgical centers and homecare facilities. The hospitals & clinics segment held the largest share of the market in 2018, and the same segment is estimated to grow at the fastest rate during the forecast period.

The global wound irrigation solutions market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.

Global Wound Irrigation Solutions Market – by Product

• Wetting Agents
• Topical Agents
• Antiseptics

Global Wound Irrigation Solutions Market – by End- User

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Homecare Facilities

Global Wound Irrigation Solutions Market – by Geography

• North America

  • US
  • Canada
  • Mexico

• Europe

  • France
  • Germany
  • Italy
  • UK
  • Spain
  • Rest of Europe

• Asia Pacific (APAC)

  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of APAC

• Middle East & Africa (MEA)

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

• South America and Central America (SCAM)

  • Brazil
  • Argentina
  • Rest of SCAM

Company Profiles

• C.R Bard (BD)
• B. Braun Melsungen AG
• ConvaTec Group PLC
• Schülke & Mayr (AIR LIQUIDE)
• Smith & Nephew
• NovaBay Pharmaceuticals, Inc
• Medline Industries, Inc.
• Cardinal Health, Inc.
• Reckitt Benckiser Group plc.
• Coloplast Group