Wound Irrigation Systems Market Size to Reach USD 380.03 Million by 2028 | Share and Competitive Landscape
Wound Irrigation Systems Industry Overview
The global Wound Irrigation System Market size is expected to reach USD 380.03 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.8% from 2021 to 2028. The rising prevalence of chronic wounds, increasing number of surgical procedures, technological advancements, favorable initiatives taken by the private and public sectors, and the increasing cases of burns across the globe are the key factors driving the market.
A wound irrigation system allows rapid healing of deep wounds and surgical site infections. It also allows improved wound cleansing that prevents further complications. The increasing prevalence of chronic wounds and the rising number of surgical procedures are the key factors driving the market. For instance, as per a report published by ScienceDirect in 2018, the surgical infection has the highest prevalence rate of around 4.0%, followed by diabetic foot ulcers of around 3.4%. In addition, the rising number of wound care centers across the globe is expected to surge the demand for wound irrigation systems.
Moreover, the increasing incidence of burn cases across the globe is anticipated to boost the demand for the product. According to a report published by Walker Morgan, LLC, in 2017, around 450,000 Americans receive medical treatment for burn injuries every year. As per the report published by Swift Medical Inc. in 2018, more than 305.0 million acute, burn, and traumatic wounds are recorded per year globally. Furthermore, as per the data reported by the WHO, over 1,000,000 people register, annually, as moderately or severely burnt. As wound irrigation system is very much effective in burn injury and allows rapid healing, thus increasing incidence rate of burns is anticipated to propel the market growth over the forecast period.
Wound Irrigation Systems Market Segmentation
Grand View Research has segmented the global wound irrigation system market on the basis of the product, application, and region:
Based on the Product Insights, the market is segmented into Manual and Battery-operated
- The manual wound irrigation system segment accounted for the largest revenue share of 55.45% in 2020.
- The battery-operated wound irrigation system is anticipated to witness the fastest growth over the forecast period.
Based on the Application Insights, the market is segmented into Chronic Wounds, Burns, Surgical Wounds and Traumatic Wounds.
- The chronic wounds segment accounted for the largest revenue share of 33.59% in 2020.
- The chronic wounds segment is anticipated to witness the fastest growth over the forecast period. The increasing cases of chronic diseases, especially diabetes, across the globe are fueling the segment growth.
Wound Irrigation Systems Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Companies Profile & Market Share Insights
Key players are adopting various strategies such as mergers & acquisitions, product launches, and partnerships to strengthen their foothold in the market.
Some prominent players in the global Wound Irrigation Systems market include:
- Zimmer Biomet
- Stryker Corporation
- Centurion Medical Products
- BSN Medical
- Cooper Surgical Inc.
- R. Bard, Inc.
- Bionix
- Westmed, Inc.
Order a free sample PDF of the Wound Irrigation Systems Market Intelligence Study, published by Grand View Research.
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