Wound Cleanser Products Market : Wetting Agents to Remain Highly Preferred for Wound Cleansing Purposes
According to the latest revised report published by Persistence Market Research, the wound cleanser products market is expected to witness a CAGR of 1.5% during the forecast period (2021 – 2031), to close in on a valuation of US$ 2.4 Bn by the end of 2031.
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Wound cleanser products are known to remove contaminants and foreign materials such as debris on the skin surrounding the wound and the surface of the wound, and come in solutions, sprays, gels, and wipes. These cleansers are an effective means of infection control and help in preventing hospital associated infections through reduced frequency of change in dressings during treatment. This directly translates to a decrease in the unit cost in contrast to the traditional method of wound cleansing and tending.
Key Takeaways from Market Study
- The global market for wound cleanser products is expected to swell 1.4X by 2031 as compared to its current market size.
- The wetting agents segment, under product, is expected to hold more than 30% of revenue share in the market.
- By end user, hospitals hold the highest market share in 2021, with sprays acquiring a significant market share of more than 25%.
- Countries such as the U.S., Brazil, India, and China are expected to experience significant market growth over the coming years due to increase in awareness about wound cleansers and their cost-effectiveness.
- The COVID-19 outbreak has had a positive impact on demand forwound cleanser products, due to rising awareness regarding hygiene and prevention of infection through contact.
- The market in South Asia is projected to expand at the highest CAGR of 2.6%, closely followed by MEA at 2% CAGR, over the next ten years.
“Rise in cases of chronic wounds and diabetic foot ulcers is augmenting demand for wound cleanser products across the globe,” says a Persistence Market Research analyst.
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Collaboration & Acquisitions – Key Strategies by Market Players
Leading wound cleanser products manufacturers are strengthening their product portfolios through collaboration and acquisitions.
- In January 2021, Integra LifeSciences completed the acquisition of ACell Inc. and its proprietary MatriStem UBM™, enabling the company to cater to complex wound management solutions in a comprehensive manner.
Various manufacturers are also focusing on growth strategies such as new product launches and FDA approvals.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the wound cleanser products market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for the period of 2021 – 2031, based on Product type (Wetting agents, Antiseptics, Moisturizers and others), Form Type (Solutions, Sprays, Foams, Wipes and Gels), Wound Type (Acute wounds, Chronic wounds and Burns) and end-user (Hospitals, Ambulatory Surgery Centers, Clinics, Long Term Care Centers and Home Care Settings), across seven key regions.
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Key Questions Answered in This Report.
- What are the Roadblocks for Wound Cleanser Products Market Suppliers?
- What are the Key Opportunities for Wound Cleanser Products Market Manufacturers?
- How is Focus on Safety Influencing Wound Cleanser Products Market Demand?
- What is the Regulatory Impact on Global Sales of Wound Cleanser Products Market?
- Which Region Offers the Largest Opportunity for Sales of Wound Cleanser Products Market?
- Where Does the U.S. Stand in the Market for Wound Cleanser Products Market?
- What Is the Outlook for Wound Cleanser Products Market Manufacturers in China?
- Why is Germany a Lucrative Market for Wound Cleanser Products Market Manufacturers?
- Why Will Belgium Outpace Other European Markets for Wound Cleanser Products Market?
- Why is There High Demand for Tires in Wound Cleanser Products Market?
- Why are Sales of Wound Cleanser Products Market Surging?
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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