The Global Wound Cleanser Products Market will be worth USD 1.97 billion by 2027, according to the latest analysis by Emergen Research. The rise in the prevalence of critical wounds, growing number of cases surrounding burns, traumas and different surgeries along with the increasing disposable income of consumers coupled with the rising awareness of the requirement for the diagnosis of complex wounds, are the key drivers of the wound cleanser products market. The steep rise in the per capita disposable incomes across all developed economies and the affordability of high-end products throughout developing economies also contribute positively to the growth of the market.
The said market is additionally fuelled by rising risk factor rates and the requirement for cost-effective treatments. The increasing preference for e-commerce channels for procuring different variants of wound cleansing products because of the convenience provided by this mode of commerce across the developed economies is becoming a trend over the recent past. The major product manufacturers are collaborating with cross industry e-commerce companies in order to get the most out of the trend.
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Key Highlights From The Report.
- In August 2020. GIGA Fine Chem, based out of Taiwan, launched ZigaBio E-34, which is a multi-functional and structurally synthesized green algae. It maintains its stability in air and room temperature and is expected to be integrated actively in cosmetic and skincare products as a potential wound cleanser.
- The wipes segment was valued at USD 14.49 billion in 2019 and is anticipated to capture a considerable market share over the forecast period. This can be attributed to its ease of usage among consumers. Although the affordability and availability is still a concern, yet it is likely to get sorted over the coming years.
- In 2019, North America held the most prominent share of the market mainly, followed by Europe. This is because, over the recent past, there has been an increasing number of people suffering from chronic health disorders. Around 27 million people in the U.S. had diabetes, with a prevalence rate of 11%, as per the International Diabetes Federation, in 2019. The new entrants in the market are bringing forth innovative products in wound care in the U.S.
- Key participants include Smith & Nephew plc., Coloplast Group, B. Braun, Melsungen AG, Johnson & Johnson Services Inc., Derma Sciences Inc., Molnlycke Healthcare, and Medtronic Plc., and Reckitt Benckiser Group plc. among others.
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
- Form Type Outlook (Revenue, USD Billion; 2017-2027)
- End-User Outlook (Revenue, USD Billion; 2017-2027)
- Ambulatory Surgery Centers
- Pharmacies and Clinics
- Homecare Settings
Key geographical regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key questions addressed in the report:
- Which factors could potentially hamper the global market growth during the forecast period?
- How is the raw material availability affecting the demand for Wound Cleanser Products in this industry vertical?
- Which regional market offers the most attractive growth opportunities to the companies operating in this market?
- Who are the leading players dominating the global Wound Cleanser Products Market?
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Wound Cleanser Products Market Segmentation & Impact Analysis
4.1. Wound Cleanser Products Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Increase in the number of chronic diseases with complications like pressure and foot ulcers
18.104.22.168. Growth in the frequency of accidents leading to traumatic injuries
4.2.3. Market restraints analysis
22.214.171.124. Lack of healthcare infrastructure in remote areas
126.96.36.199. Lack of skilled expertise especially in the underdeveloped economies
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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