The global wound irrigation systems market is poised for substantial growth in the short-term, driven by a rising prevalence of chronic ailments worldwide. A recent market report sheds light on the anticipated trajectory of this market in the coming years.
Chronic Ailments on the Rise
The growing incidence of chronic diseases, particularly diabetes, is creating an escalating burden on patients. United Nations predicts that by 2050, Europe will have over 1.5 billion individuals aged 65 and above, contributing to the surge in diabetes cases. Likewise, the United States is expected to have 85.7 million elderly citizens by 2050, as per the United Health Foundations Americas Health Ranking report. Globally, the aging population is estimated to surpass 426 million by 2050, according to the United Nations.
In 2021, approximately 537 million individuals worldwide suffered from diabetes, a number expected to reach 643 million by 2030 and a staggering 783 million by 2045, reports the International Diabetes Federation (IDF). This alarming rise in diabetes is associated with diseases such as diabetic foot ulcers, vascular ulcers, and pressure ulcers, driving the demand for wound care and management. This, in turn, presents a significant opportunity for the wound irrigation systems market.
Manual Systems Lead the Way
The demand for manual wound irrigation systems has been steadily increasing due to their efficiency in cleaning challenging and deep surgical wounds. Their pressure control switch provides a precise stream of the solution, making them convenient for use in surgical settings. Battery-operated wound irrigation systems are also gaining traction for their portability, catering to advanced wound care and home care settings.
North America at the Helm
North America is at the forefront of the wound irrigation systems market, driven by factors such as a growing number of road accidents and the rising incidence of diabetes-related injuries. In 2021, approximately 51 million individuals in North America had diabetes, a number expected to reach 63 million by 2045, according to the IDF. The region also grapples with an alarming 8.2% of individuals diagnosed with diabetes, as per the Centers for Disease Control and Prevention (CDC).
This surge in diabetes cases is expected to lead to an increase in diabetic foot ulcers, necessitating prompt wound hydration and management. North Americas well-established healthcare infrastructure, economic growth, and stable rise in GDP per capita further contribute to the growth of the wound irrigation systems market.
Competitive Landscape
Key players in the wound irrigation systems market are actively pursuing collaborations, partnerships, and new product launches to strengthen their market position. For instance, Pixalere Healthcare and Sanara MedTech Inc. recently partnered to develop a comprehensive skin and wound care strategy. In June 2021, Irrimax Corporation received US FDA clearance for its Irrisept, designed for debris removal from wounds and mechanical cleansing. Additionally, BD Surgiphor Sterile Wound Irrigation System, a ready-to-use PVP-I (Povidone-Iodine) irrigation solution, was unveiled by Becton Dickinson and Company in May 2021.
Leading players in the wound irrigation systems market include 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.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/wound-irrigation-systems-market
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COMTEX_442430675/2840/2023-10-25T09:54:58
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