Wound Cleanser Products Market 2022
In the past few years, The primary focus of the report is on the status, demand, future opportunity, forecast period, and growth opportunity. Moreover, the survey report focuses on the development, manufacturing companies, key market, investors, and the cost capital. The objective of the study of Wound Cleanser Products Market gives a proper idea of the market present scenario so that each and every enterprise or manufacturer will not experience the issues that occur due to the lack of information.
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.
Company Profiles:
- ConvaTec Group plc
- Smith & Nephew plc
- Reckitt Benckiser Group plc
- B.BraunMelsungen AG
- Coloplast A/S
- Becton, Dickinson and Company
- Molnlycke Healthcare
- 3M
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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.
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.
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Wound Cleanser Products Market – Report Highlights
- A detailed overview of parent market of Wound Cleanser Products Market
- Changing Wound Cleanser Products Market dynamics in the industry
- In-depth segmentation of the Wound Cleanser Products Market
- Historical, current, and projected Wound Cleanser Products Market size regarding volume and value
- Recent industry trends and developments in Wound Cleanser Products Market
- Competitive landscape of the Wound Cleanser Products Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Wound Cleanser Products Market performance
- Must-have information for Wound Cleanser Products Market players to sustain and enhance their market footprint
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