Published Date: 20-Jan-2023
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According to a new report, published by KBV research, The Global Wound Debridement Market size is expected to reach $6.1 billion by 2028, rising at a market growth of 5.5% CAGR during the forecast period.
The Over The Counter segment is showcasing a CAGR of 5.7% during (2022 - 2028). Some typical wounds, most of which fall in the acute wound category, like abrasions, scrapes, cuts, and scratches, are more than often treated with standard OTC medications. Additionally, familiarization with medicines from any previous experience, easy accessibility of many debridement products, and economic factors like hospital fees push more people to adopt OTC medications.
The Medical Gauzes segment acquired maximum revenue share in the Global Wound Debridement Market by Product in 2021 thereby, achieving a market value of $1.4 billion by 2028. Medical gauzes are extremely helpful in trapping fluid medications and maintaining moisture around the wound, thereby promoting quick healing. Most gauzes are made from substances like collagen, hydrogels, foams, alginates, and hydrocolloids. These wound debridement products aid in rapid recovery, so they are highly preferred for treating slow-healing wounds like burn injuries, diabetic ulcers, etc.
The Autolytic segment has shown the growth rate of 5.8% during (2022 - 2028). These processes are considered to be the most conservative. It is essentially a natural process in which necrotic cells are broken down by proteolytic enzymes and endogenous phagocytic cells. Furthermore, this process is highly selective, as only necrotic cells are affected in the debridement. Therefore, the process is preferred for noninfected wound debridement, and for infected wound debridement, it can be utilized as adjunctive therapy.
The Diabetic Foot Ulcers segment is leading the Global Wound Debridement Market by Wound Type in 2021 thereby, achieving a market value of $2.3 billion by 2028. The growing number of diabetes patients, along with rising trauma incidences and certain foot deformities, are the major factors driving the growth of the diabetic foot ulcer segment. There is a high probability of a diabetic person developing a foot ulcer, and the likelihood of acquiring the disease again becomes further prominent because of diabetes.
The Homecare segment is exhibiting a CAGR of 5.7% during (2022 - 2028). As people age, multiple mobility issues arise, which are further aggravated after acquiring a chronic wound. Since prolonged care in hospitals can prove to be detrimental for many individuals’ mental health, the homecare settings are rising consequently. Furthermore, the high frequency of wound debridement surgeries, especially in diabetic foot ulcer surgeries, necessitate the adoption of homecare facilities.
The North America market dominated the Global Wound Debridement Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.3 billion by 2028. The Europe market is experiencing a CAGR of 5.1% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 6% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 3M Company, Coloplast Group, Medline Industries, Inc., Smith & Nephew PLC, Medtronic PLC, ConvaTec Group PLC, Integra LifeSciences Holdings Corporation (Derma Sciences, Inc.), Johnson & Johnson (Ethicon, Inc.), Baxter International, Inc., and Molnlycke Health Care AB.
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