Uptick in Chronic Diseases and Emergence of Effective Technologies to Fuel Growth of Wound Irrigation Systems: XploreMR
A new report by XploreMR studies the growth drivers, trends, restraints, and highlights of the global wound irrigation systems market.
Presenting exclusive insights into the market from 2017 to 2027, the report projects that the market will witness steady growth during the forecast period.
A wound irrigation system ensures a steady flow of a solution across an open wound surface to achieve hydration, to remove deeper debris, and to assist with the visual examination.
The growth of the market is primarily attributed to the rising incidence of chronic diseases and surgical procedures, coupled with technological advancements.
On the back of increasing sales through retail e-commerce in the recent past, players in the wound irrigation systems market are collaborating with e-commerce platforms to leverage the expanding distribution channel.
Increasing Prevalence of Chronic Disease-related Wounds Continue to Surge Usage of Wound Irrigation Systems
The increasing incidence of chronic and acute wounds is aided by the introduction of advanced products.
These factors are collectively contributing to the growth of the wound irrigation systems market.
On this premise, Centurion Medical Products, a subsidiary of US-based Medline Industries, launched a wound irrigation system named IRIG-8 for acute wound management in the emergency room.
The system is designed to swiftly deliver high volumes of irrigation solutions to acute wounds, while constantly maintaining pressure.
Technological advancements as such will continue to drive the wound irrigation systems market on a positive growth trajectory.
Moreover, an increasing number of foot ulcer cases are also expected to drive the sales of wound irrigation systems.
Market players working on designing sophisticated systems with features that enable safe use in home care settings, as the adoption of these systems in homecare settings reduces expenses involved in hospital stay and treatment, thus making healthcare affordable.
However, the high initial cost of these advanced wound irrigation systems is posing a challenge to the steady growth of the market.
North America Holds Strong Foothold while Asia Pacific Flourishes
North America is forecasted to hold the lion's share in the global market value, owing to the high number of burn cases, increasing prevalence of chronic diseases, and a strong presence of major market players.
Moreover, the availability of skilled medical professionals and developed healthcare infrastructure is also expected to complement the regional growth.
Along similar lines, Asia Pacific will register significant growth during the forecast period, owing to wounds related to chronic diseases such as diabetes, and flourishing healthcare infrastructure in countries, such as China, Japan, and India.
According to the National Center for Biotechnology Information (NCBI), approximately 1.77% of in-patients in China suffered from non-healing chronic ulcers in 2018.
Such incidences in the region will continue to offer substantial revenue opportunities to the regional market players in the Asia Pacific.
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