Wound Cleanser Products Market to Cross US$ 1.9 Bn by 2025

Global Market Study
on Wound Cleanser
Products: Antiseptics
Product Type Segment Expected to be the Second Largest in Terms
of Market Value by 2025 End
Persistence Market Research has analyzed various facets of the wound cleanser
products market from a global standpoint and has skilfully presented these in its
new research publication titled “Wound Cleanser Products Market: Global
Industry Analysis (2012-2016) and Forecast (2017-2025)”. This report covers
various trends, opportunities, drivers and restraints influencing the growth of
the global wound cleanser products market along with regional analysis,
competitive scenario and revenue forecasts. This analysis focuses on each
segment and sub-segment of the global market based on which the analysts
have given their insights regarding various market dynamics.
Global Wound Cleanser Products Market: Forecast Insights
The global wound cleanser products market is expected to grow at a sluggish
CAGR of 3.2% during the forecast period. The global wound cleanser products
market is anticipated to reach a valuation of about US$ 1.9 Bn by the end of the
assessment year in 2025, up from an estimated US$ 1.5 Bn in 2017.
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Global Wound Cleanser Products Market: Segmental Insights
The global wound cleanser products market is segmented by product type, by
form type, by end user, by wound type and by region.
By form type, gels segment is expected to outpace other segments and reflect a
CAGR of 4.3% during the forecast period. Solutions segment in this category is
the largest in terms of value.
By wound type, chronic wounds segment reflects high potential for growth and
is projected to expand at a CAGR of 5.2% during the period of assessment.
By end user, hospitals is the largest and most lucrative end user segment and is
anticipated to reflect a valuation of around US$ 700 Mn by the end of the
assessment year, thus leading the global market.
By product type, wetting agents segment is expected to hold a high market
share and reach a valuation of more than US$ 740 Mn by the end of the year of
assessment.
By region, Asia Pacific is poised to be the second largest, reflecting very high
potential with respect to growth. The wound cleanser products market in this
region is poised to register a CAGR of 4.5%.
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Rising prevalence of chronic wounds, favorable reimbursement ratio, expansion
of product line, rising adoption of advanced wound care products, increasing
demand for
advanced wound care products in home care settings, rising
prevalence of diabetes, increasing focus of healthcare facilities on educational
programs, a growing awareness among patients, high availability of wound and
burn care products in the market, growing acceptance of standardized protocols
to manage complex wounds, expansion in emerging economies, collaborative
agreements among manufacturers and distributors, high focus on acquisitions to
strengthen the product portfolio and increasing preference for accelerated
wound healing are pushing the growth of the global wound cleanser products
market. However, aspects such as high demand for low frequency dressing
change in acute care settings, lack of skilled labor, and high cost of advanced
wound care dressings is hindering the growth of the global wound cleanser
products market.
Global Wound Cleanser Products Market: Competitive Scenario
The research report on the global wound cleanser products market features a
detailed research analysis on competition that includes various key players in
the market. Details such as SWOT analysis, company overview, developments,
product portfolio, strategies and financials of major companies such as Smith &
Nephew Plc., Reckitt Benckiser Group Plc., B. Braun Melsungen AG, Convatec
Group Plc., Johnson & Johnson Services Inc., C. R. Bard, Inc., Coloplast
Group, 3M, Molnlycke Healthcare, Medtronic Plc., and Derma Sciences Inc.,
are covered in this research report.
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