Wound Cleansers Market : Industry size, share, Growth, Demand, and Forecast To 2022 – by Credence Research
According to the latest market report published by
Credence Research, Inc. “Wound Cleansers Market -
Growth, Future Prospects and Competitive Analysis, 2017 -
2025” the global wound cleansers market was valued at US$ 1,617.6 Mn
in 2016, and is expected to reach US$ 2,585.4 Mn by 2025, expanding at a CAGR
of 5.2% from 2017 to 2025.
Browse the full report Wound
Cleansers Market - Growth, Future Prospects and Competitive Analysis, 2017 –
2025 report at http://www.credenceresearch.com/report/wound-cleansers-market
Market Insights
Wound is created due to the normal
disruption of the skin structure. Wound cleansers are essential part of wound
care management and treatment. It is basically a gentle, non-irritating
formulation used to clean the wound and remove the foreign particle, debris
from it, to further promote healing process. Wound cleansers possess
antimicrobial property, and act as skin protectant and moisturiser. For the
purpose the study, the global wound cleansers market is segmented on the basis
of products such as sprays, solutions, wipes, foam, and other wound cleansers.
It is observed that, in the base year 2016, solutions was major revenue
generating segment due to its easy availability, higher preference, better
wound cleansing action without applying pressure and preferable use of saline
solutions to rinse wounds.
This market is also classified on the
basis of wound type such as acute and chronic wound; acute wound segment
further categorized as laceration, puncture, abrasion, incision and avulsion.
The chronic wound market is sub-segmented as infectious wounds, radiation
poisoning wounds, traumatic wounds, surgical wounds, and ulcers wounds. It is
observed that, at present acute wound held largest market share. Large number
of target population, higher treatment awareness and rising incidence of acute
wound are prime factors that are driving the growth of acute wound segment
globally.
Currently, North America is
dominating wound cleansers market due to higher treatment awareness, developed
healthcare infrastructure, higher prevalence accidents and trauma, higher cost
of wound cleansers and easy availability of wound cleansers. However, Latin
America is expected to show the highest growth during forecast period due to
increasing government initiatives in development of healthcare infrastructure,
rising treatment awareness and developing economic conditions.
Market Competition Assessment:
The global wound cleansers market is
observed to be highly competitive and comprises large number of players.
However, the market is currently dominated by few players such as 3M
Healthcare, Anacapa Technologies, Inc., Angelini Pharma, B. Braun Melsungen AG,
Cardinal Health, Church & Dwight Inc., Coloplast A/S, ConvaTec, Inc., Derma
Sciences, Inc., DermaRite Industries LLC, Hollister Wound Care, Innovacyn,
Inc., Integrated Healing Technologies, Medline Industries, Inc., Medtronic
Inc., Molnlycke Health Care, Mundipharma International Ltd., NovaBay
Pharmaceuticals, Inc., Nuvision Pharmaceuticals, Schulke & Mayr GmbH, Smith
& Nephew plc., SteadMed Medical and other.
Key Market Movements:
- Factors such as increasing
prevalence of chronic wounds with their associated complications such as
pressure ulcers, foot ulcers etc. and growing number of accidents and trauma
injuries are prime factors driving the growth of wound cleansers market
globally.
- However, some factors such as lack
of basic healthcare facilities and low accessibility in some poor developed
countries are negatively impacting the growth of wound cleansers market.
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Wound Cleansers Market : Industry size, share, Growth, Demand, and Forecast To 2022 – by Credence Research
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