In recent times, chronic ailments have been on a rise across the globe. Due to this, public health decision-makers and healthcare providers continually seek advanced and effective medical devices that can aid in wound recovery and management. Against this backdrop, wound irrigation systems have emerged as a suitable solution to achieve excellence in wound care management. This business scenario has led to highly favourable outcomes for the wound irrigation systems market, enabling industry leaders and manufacturers to engage in revenue-generating endeavours, fruitful partnerships, and open innovation. Notably, in the foreseeable future, the wound irrigation systems market is predicted to expand significantly given the rising prevalence of diabetes and relatively higher demand for manual wound irrigation systems.
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Rising Incidence of Chronic Diseases to Escalate Demand in Wound Irrigation Systems Market
The growing prevalence of chronic illnesses around the world has enhanced disease burden among patients. One such critical illness that is on the rise is diabetes which has become alarmingly common among the elderly and children. With the rapidly increase in the incidence of diabetes, its associated conditionss such as diabetic foot ulcers, vascular ulcers, and pressure ulcers are also increasing. This has augmented the demand for sophisticated and efficient wound care, providing lucrative growth opportunities for the global wound irrigation systems market. During the forecast period, this healthcare landscape is poised to facilitate promising investments and R&D initiatives among leading vendors of the wound irrigation systems market.
Manual Systems to Draw Higher Demand in Wound Irrigation Systems Market Owing to Ease in Use
Based on product type, the wound irrigation systems market is segmented into manual operated and battery operated systems. The demand for manual wound irrigation systems is expected to be higher. This can be attributed to their ability to effectively clean hard-to-heal and deep surgical wounds. Moreover, they are easy to use due to their pressure control switch that allows for a precise and powerful stream of solution to be applied directly to the desired area of the wound. This is set to increase their adoption in surgical settings, contributing to the revenue growth of the wound irrigation systems market. On the other hand, battery-operated wound irrigation systems are also expected to gain significant popularity due to their portability and usage in various home care settings.
Prevalence of Diabetes, and Related Injuries Position North America as the Leading Wound Irrigation Systems Market
There has been an increase in the demand and adoption of wound irrigation systems in developed countries in North America. This trend is expected to continue in the coming years. This is mainly due to growth enablers such as the increasing number of road accidents and the growing number of diabetes cases and related injuries. Furthermore, North America’s sophisticated healthcare infrastructure, coupled with sound government support for healthcare innovation, is expected to offer robust opportunities to key vendors in its wound irrigation systems market to pursue M&A activities.
Major Market Players
The wound irrigation systems market is dominated by companies such as Zimmer Biomet, Westmed Inc., Stryker Corporation, Cooper Surgical Inc., Becton Dickinson and Company, Centurion Medical Products, Irrimax Corporation, Hopkins Medical Products, Sanara MedTech Inc., B. Braun, Schulke, Cardinal Health, and Bionix LLC.
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