Global Wound Debridement Products Market projected to grow at a CAGR of 6.6% during the forecast period 2020-2027
A new research report published by Fior Markets with the title Wound Debridement Products Market by Methods (Selective Methods and Non-selective Methods), Wound Type (Acute Wounds, Burn Wounds and Chronic Wounds), End-users, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027.
The global wound debridement products market is expected to grow from USD 588.00 million in 2019 to USD 981.78 million by 2027, at a CAGR of 6.6% during the forecast period 2020-2027. North America holds the majority shares of wound debridement market. The rise in the number of diabetes cases, increased spending on healthcare and the growing elderly population are the factors leading to the market growth. However, Asia-Pacific is expected to grow at a lucrative rate. The contributing factors are rising demand for healthcare facilities, increasing chronic diseases and the introduction of advance debridement products.
NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Some of the notable players of the wound debridement products market are MediWound Ltd., ArthoCare Corporation, Smith & Nephew Plc., Advanced Medical Solutions Group, Coloplast A/S, Misonix, Inc., Derma Sciences, Inc., Arch Therapeutics, PuriCore plc and Smith & Nephew Plc., MediWound Ltd, and others. Arch Therapeutics, Inc. announced receipt of the CE mark for a series of first-class wound care products, AC5TM Topical Hemostat in April 2020.
The method segment includes selective methods and non-selective methods. Selective wounds include larvae debridement therapy, enzymatic and autolytic debridement. Non-selective wounds include mechanical debridement, ultrasound and sharp & surgical debridement. Selective methods dominate the market share. Wounds can be critical depending upon the injury. The selective method helps to treat the wound effectively. The wound type segment includes acute wounds, burn wounds and chronic wounds. Acute wounds include surgical wounds, traumatic wounds, abrasions, necrotizing fasciitis, lacerations, contusions and toxic epidermal necrolysis. Burn wounds further includes chemical burns, electrical burns, flash burns, radiation burns and thermal burns. Chronic wounds include diabetes ulcers, venous ulcers and pressure ulcers. The chronic wounds hold the largest market share. Chronic wounds spread infections to the other parts of the body. They introduce toxic foreign substances to the cells. Thus, wound debridement are majorly used for chronic disease. The end-user segment includes cardiac centres, multi-speciality clinics, hospitals, nursing units, specialized clinics and ambulatory surgical centres. Hospitals are the dominant end-user. The availability of skilled professions and advance healthcare infrastructure is the factor responsible for market growth.
Debridement cleans all the damaged and infected tissue. It can be done surgically or through dressing and gels. It can also be done carried out by enzymatic, mechanical, autolytic methods. It enables the growth of healthy tissue and helps to remove any foreign substance from tissues. It also helps to eradicate the amount of toxins and minimize the scars left by the wounds. Wound debridement also helps to restrict the spread of infection. The debridement depends upon wound, age, health and risk for complications. The growing aged population, chronic illness and extensive usage of the product is driving the market. The ever increasing number of accidents, increasing geriatric population, advance techniques is fueling the market growth further.
About the report:
The global Wound Debridement Products market is analyzed on the basis of value (USD Billion), volume (K Units), export (K Units), and import (K Units). All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
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