Wound Debridement Products Market Overview
Wound debridement is the process of removing contaminated, dead, and unhealthy tissue from a wound and promotes wound healing. It can be carried out by enzymatic, chemical, mechanical, surgical, and autolytic way to eliminate the unwanted tissue. Wound debridement products assist in reducing or eradicating the load of toxins and microbes that inhibit wound healing. The global wound debridement products market size, as per a report by Market Research Future (MRFR) is touted to register a striking CAGR during the forecast period (2018-2023).
The surging prevalence of obesity and diabetes escalates the level of chronic wounds like diabetic foot ulcers. Preventing wound infection is one of the key concerns of diabetic patients, thus making wound debridement essential. The surge in diabetic population across the globe has a positive impact on the market. Burns are considered the most common wounds and is a major reason for death worldwide. This, along with the increasing awareness regarding the products are likely to promote the market growth in the foreseeable future.
The rising number of fire outbreaks and accidents are leading to increased cases of injuries, which is further stoking the growth of the market. Private and government organizations are taking initiatives to raise awareness about wound care treatment, which is likely to work in favor of the market. Also, spiraling adoption of debridement techniques and products to heal a wound faster will elevate the scope for the market. Market players involved in wound debridement products are developing advanced products, which is likely to promote the market growth in the coming years. The launch of keratin-based wound care products, for instance, which are used with dressings have proven to be helpful in wound re-epithelialization. The keratin matrix eliminates the need for dressing change as it is absorbed in the wound. These developments will create growth opportunities for the market in the coming years.
On the contrary, financial recessions in a few regions of the world can restrict the market growth. Possible complications like removal of healthy tissues by mechanical debridement, chances of infection through contamination, and bleeding are likely to dampen the market growth worldwide.
Global Wound Debridement Products Market: Segmental Analysis
The wound debridement products market has been segmented on the basis of end users.
The end users of the market comprise nursing units, specialty care, multi-specialty clinics, ambulatory centers, and hospitals. Of these, the hospital's segment will command the largest share in the global market as this segment create innumerable opportunities for investors and business professionals to invest money. The availability of advanced infrastructure and the existence of skilled professionals are likely to encourage the market growth in the segment.
Wound Debridement Products Market Regional Frontiers
Geographically, the wound debridement products market spans across the Americas, Asia Pacific, Europe, and the Middle East & Africa.
Considering the global scenario, the Americas acquire the lion’s share in the global market, and the growth can be credited to the higher advancements and medical expenditures. The ever-increasing aging population coupled with the rising incidence of diabetes among the population are some of the key factors triggering the demand for the products in the region. In this region, North America is considered a leading revenue contributor due to rising prevalence of bedsores.
The Asia Pacific is considered to experience huge growth due to the increasing use of innovative products and surging need for enhanced medical technologies. The growing patient population and expanding medical infrastructure can also encourage the market’s growth in the APAC. Rising unmet needs of the population, booming economies, availability of skilled labor at low cost, and reforms to enhance infrastructure are some of the other factors contributing to the market growth in the region.
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Wound Debridement Products Industry Updates
September 2019: BioLargo Inc subsidiary Clyra Medical Technologies has recently received clearance of 510(k) from the US FDA in order to market Clyra Wound Irrigation Solution. The product has been specifically designed for irrigating, cleansing, and debriding dermal burns and wounds. It will also help in lubricating absorbent and moistening wound dressing.
Wound Debridement Products Market Competitive Dashboard
The top players operating in the wound debridement products market include Advanced Medical Solutions Group, ArthoCare Corporation, Smith & Nephew Plc, and MediWound Ltd.