Rising number of surgeries, trauma and burn cases, increasing prevalence of chronic wounds, and high focus on developing advanced products are expected to drive global Wound Cleanser Products market growth.
Rising number of surgeries, trauma and burn cases, increasing prevalence of chronic wounds, and high focus on developing advanced products are expected to drive global Wound Cleanser Products market growth.
According to Emergen Research, the global wound cleanser products market size was USD 1.50 billion in 2019 and is expected to reach USD 1.97 billion in 2027 and register a steady revenue CAGR of 3.5% during the forecast period, 2020-2027.
Market Dynamics:
Wound cleanser products are solutions that are used to remove contaminants, exudate, or foreign debris from wound surface or deep cavity wounds. These products are cost-effective, offer prompt wound healing and aid in reducing infection rates. Various wound cleansers are available in the market and many leading companies are focused on launching novel and effective products to cater to rising number of accidents, traumatic cases, and chronic diseases leading to severe injuries and wounds.
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Factors such as increasing incidence of surgical site infections, increasing demand for advanced wound care products, rapid advancements in wound cleansing technology, and rising investments in research and development activities are expected to drive global market revenue growth during the forecast period. In addition, rising availability of various wound cleaning products on online and offline stores, increasing geriatric population, and improving healthcare infrastructure are other factors expected to drive global market growth going ahead.
However, factors such as lack of awareness about wound cleansers and high cost of certain advanced products can hamper global market growth to a certain extent going ahead.
COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Hospital Segment to Account for Largest Revenue Share:
The hospital segment is expected to account for largest revenue share during the forecast period. This can be attributed to factors such as increasing patient admission, rising number of surgeries, increasing healthcare spending, and rapid adoption of advanced wound cleansers.
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Solutions Segment To Register Rapid Revenue CAGR:
The solutions segment is expected to register rapid revenue CAGR over the forecast period owing to rising incidence of acute and chronic wounds, high demand for various cleansers in hospitals and clinics, and increasing investments in developing advanced solutions.
North America to Lead In Terms of Revenue Share:
North America is expected to account for largest revenue share in the global market between 2020 and 2027 owing to increasing prevalence of chronic diseases, trauma, and burn cases, rapid advancements in wound cleanser technology, and growing awareness about the benefits of various wound cleansers.
Major Companies in the Market Include:
- Smith & Nephew plc.
- Coloplast Group
- B. Braun
- Melsungen AG
- Johnson & Johnson Services Inc.
- Derma Sciences Inc.
- Molnlycke Healthcare
- Medtronic Plc.
- Reckitt Benckiser Group plc.
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For the purpose of this report, Emergen Research has segmented the global wound cleanser products market on the product type, form type, end-user, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Wetting Agents
- Antiseptics
- Moisturizers
- Others
Form Type Outlook (Revenue, USD Billion; 2017-2027)
- Sprays
- Solutions
- Wipes
- Foams
- Others
End-User Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals
- Ambulatory Surgery Centers
- Pharmacies and Clinics
- Homecare Settings
Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
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