The global wound cleanser products market size is expected to reach USD 2.2 billion by 2030, according to a new study by Polaris Market Research. The report “Wound Cleanser Products Market Share, Size, Trends, Industry Analysis Report, By Product Type (Wetting Agents, Antiseptics, Moisturizers); By Form Type; By End-use; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Global market growth is driven primarily by increased healthcare spending and rising geriatric populations. Because of busy lifestyles and unhealthy diets, the increasing prevalence of chronic diseases such as diabetes and cardiovascular disease, among others, is expected to propel market growth significantly during the review period.
The key market players' increasing emphasis on developing advanced wound care products will likely create lucrative market growth opportunities. Implementing standardized wound management protocols in various medical institutions is expected to shorten hospital stays and reduce chronic wound infection rates.
North America is expected to have the largest market share as many people on the construction site have chronic injuries such as diabetic foot ulcers, pressure ulcers, and others. The number of patients undergoing medical procedures worldwide has increased the patient population suffering from critical injuries.
The gathering is expected to grow due to the rising occurrence of serious and consistent wounds, as well as the higher treatment costs associated with pressure ulcers, diabetic foot ulcers, and cautious wounds. Furthermore, North America's dominance in this industry stems from the openness of good reimbursement guidelines in the United States and Canada.
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As a result of increased acceptance of treatment protocols among healthcare professionals as well as patients with chronic wounds, wound management treatment has shifted from traditional methods to advanced wound management treatments supported by clinical and economic evidence.
Furthermore, factors such as increased focus by healthcare facilities on awareness programs for the incorporation of advanced wound care facilities, as well as the use of strategies such as acquisitions, novel product launches, FDA approvals, and reimbursements such as Medicaid, are expected to boost the market growth in the coming years.
Manufacturers' focus has shifted significantly over the last ten years to the introduction and launch of the novel, industrially viable, and non-obvious products for advanced wound management. These novel products can provide moisture balance as well as extended oxygen permeability, antimicrobial activity, and the ability to promote autolytic debridement. To boost revenue growth, leading manufacturers are focusing on geographic expansion.
Reckitt Benckiser, for example, increased Dettol product penetration by collaborating with various distributors and online sales channels to maintain its market position and increase sales of these products, as the impact of the COVID-19 pandemic has emphasized and heightened the importance of hygiene.
As the prevalence of chronic wounds rises, so does the need for an efficient method of wound care. As a result, advanced wound cleanser products that use an approach with less contamination to the wound surface and require less time for healing are gaining popularity.
Wound Cleanser Products Market Report Highlights
Polaris Market Research has segmented the wound cleanser products market report based on product type, form type, end use and region:
Wound Cleanser Products, Product Type Outlook (Revenue - USD Billion, 2022 - 2030)
Wound Cleanser Products, Form Type Outlook (Revenue - USD Billion, 2022 - 2030)
Wound Cleanser Products, End Use Outlook (Revenue - USD Billion, 2022 - 2030)
Wound Cleanser Products, Regional Outlook (Revenue - USD Billion, 2022 - 2030)