The market for Wound Cleanser Products Market is anticipated to grow at a CAGR of 1.5% between 2021 and 2031, approaching a valuation of US$ 2.4 Bn by the end of that year.
Report Overview
Products for cleaning wounds come in solutions, sprays, gels, and wipes and are recognized for removing pollutants and foreign objects from the skin around and on the surface of the wound. By reducing the number of times bandages need to be changed while receiving treatment, these cleansers help minimize hospital-associated infections. Compared to the conventional approach to wound care, this directly corresponds to a drop in the unit cost.
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Key Takeaways
- By 2031, the size of the global market for wound cleansing products is projected to have increased by 1.4 times.
- Under products, the wetting agent’s category is anticipated to account for more than 30% of the market’s revenue.
- In 2021, hospitals will account for the largest market share by end-user, with sprays gaining a sizeable market share of more than 25%.
- Due to growing knowledge of wound cleaners and their efficiency, nations like the U.S., Brazil, India, and China are anticipated to have considerable market expansion in the upcoming years.
- Due to increased knowledge of hygiene and contact infection avoidance, the COVID-19 outbreak has positively impacted demand for wound cleaner products.
- Over the next 10 years, it is anticipated that the market in South Asia would grow at the highest CAGR of 2.6%, closely followed by MEA at 2% CAGR.
Covid-19 Pandemic impact on the market-
The Covid-19 pandemic market has brought a positive impact on the market as Wound Cleanser Products are used in the healthcare industry. But the pandemic has had a deep impact on the global market as people are facing health issues and unemployment issues because of the bankruptcy and losses in many companies.
In many countries, the government also imposed the lockdown in their respective countries and because of this the transportation and logistics industry has faced severe losses and it also brought recession in many countries.
Collaboration and Acquisitions: Key Market Players’ Strategies
Leading producers of wound cleaner products are expanding their product lines through mergers and acquisitions.
- Integra Lifesciences successfully acquired ACell Inc. and its unique MatriStem UBM in January 2021, allowing the business to provide comprehensive complex wound management solutions.
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What Is Covered in the Report?
In its most recent study, Persistence Market Research presents historical demand assessments for the years 2016 to 2020 and projections for the years 2021 to 2031. These assessments are based on Product type (Wetting agents, Antiseptics, Moisturizers, and others), Form Type (Solutions, Sprays, Foams, Wipes, and Gels), Wound Type (Acute wounds, Chronic wounds, and Burns), and End-User (Hospitals, Ambulatory Surgery Centers, Clinics, Long Term Care Centers and Home Care Settings), across seven key regions.
Frequently asked questions-
- How big is the Wound Cleanser Products Market?
- What is the growth rate of the Wound Cleanser Products Market?
- What are the driving factors of the Wound Cleanser Products Market?
- Who are the key players in the Wound Cleanser Products Market?
- What are the strategies planned by the key players for Wound Cleanser Products Market?
- What are the restraining factors of the Wound Cleanser Products Market?
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