The need for wound cleanser products is growing as a result of the rising incidence of chronic diseases and the increase in the number of surgical procedures worldwide. One of the main drivers of market expansion is the rising incidence of diabetes driven by sedentary lifestyles. For instance, the American Diabetes Association estimates that 34.2 million Americans, or 10.5% of the nation's population, had diabetes in 2018. Additionally, roughly 1.6 million Americans, including about 187,000 children and adolescents, had type 1 diabetes.
Diabetic patients frequently develop diabetic foot ulcers, which can be treated with wound-cleansing products. For instance, as per, ScienceDirect, around 20% of individuals suffering from diabetic foot ulcers may need to have their foot amputated. Diabetic foot ulcers may impact more than 25% of the diabetic population. Wound cleanser products provide a quick and effective way to keep the environment around the wound moist and hasten the healing of diabetic foot ulcers.
Additionally, the market for wound cleanser products is anticipated to grow as more people suffer traumatic injuries globally. For instance, according to the WHO (2018), over 1,000,000 people in India suffer severe or moderate burns every year. Likewise, according to NCBI, an increase in the number of burn injuries was reported in 2017 in nations like Bulgaria, Finland, the Netherlands, China, Australia, and the United Kingdom.
Furthermore, according to the WHO, traffic-related accidents are thought to be the cause of 22,941 deaths in Thailand each year or around 33% of all fatalities there. Wound cleanser products are advised for the treatment of simple burns, and wounds. Thus, as a result of above-mentioned factors, the wound cleanser products market may witness lucrative growth in the forecast duration.
The market is expected to further grow over the next few years as a result of factors like the increasing focus on awareness programs by various healthcare facilities for the incorporation of wound care facilities. Moreover, strategies such as product launch, acquisitions, FDA approvals, and Medicaid reimbursements is further anticipated to boost the market growth.
A significant factor boosting market expansion is also the rising elderly population base. For instance, the United Nations Organization estimates that there were approximately 962.0 million elderly people in 2017 and has projected the number to rise to almost 2.1 billion by the year 2050. The aging population is more prone to injuries, that could boost the market during the forecast period.
Additionally, a rise in the number of ambulatory surgical centers (ASCs) is anticipated to fuel the wound cleanser products market growth. ASCs provide a range of treatments, including surgical treatment, diagnostic tests, and wellness checks. Ambulatory surgery centers also perform procedures related to the gastrointestinal (GI) system, urology, orthopedics, restorative, reconstructive, or alternative plastic surgery. Further, the number of ASCs is increasing globally. According to Advancing Surgical Care estimates there were 6,023 ASCs in the United States as of March 2021. The number of surgical procedures is predicted to rise in these surgical centers, which in turn will increase the use of wound cleanser products, thereby driving the growth of the wound cleanser products market in the forecast duration.
Major companies operating in the wound cleanser products market include:
ConvaTec Group plc
Smith & Nephew plc
B. Braun Melsungen AG
Ethicon (Johnson & Johnson)
Molnlycke Healthcare AB
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.
Contact us now to get our best pricing.
ESOMAR certified & member
Leading SME award by D&B
"The quality of research they have done for us has been excellent."