Coherent Market Insights

Wound Debridement Products Market to Surpass US$ 1,446.5 Mn by 2030

Wound Debridement Products Market to Surpass US$ 1,446.5 Mn by 2030 - Coherent Market Insights

Publish In: Jun 26, 2023

Global Wound Debridement Products Market, By Product Type (Hydrosurgical Debridement Devices, Low Frequency Ultrasound Devices, Surgical Wound Debridement Devices, Mechanical Debridement Pads, Traditional Wound Debridement Devices, and Larval Therapy), By Application (Chronic Ulcers, Surgical Wounds, Traumatic Wounds, and Burn Cases) by End User (Hospitals, Ambulatory Surgical Centers, Specialized Clinics, and Others (Nursing Facilities, etc.)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 779.9 Million in 2023 and is expected to exhibit a CAGR of 9.2% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.

Increasing adoption of inorganic strategies such as product launches by key market players is expected to drive the global wound debridement products market over the forecast period. For instance, on 3 March 2023, Bactiguard AB, a medical technology company, announced the launch of wound care products in the U.K. and Ireland, in collaboration with Quintess Medical and their partner, a full-service medical sales and distribution firm GS Medical. This product launch strengthen Bactiguard’s position in the wound care market.

Global Wound Debridement Products Market – Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic and consequent lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdowns in several regions. Private healthcare is one such sector that has been significantly impacted by the COVID-19 pandemic.

Many patients with COVID-19 have a severe respiratory infection that requires hospitalization and mechanical ventilation. Governments of various countries are focusing on initiatives to fight against the COVID-19 pandemic, and to stop the spread of the coronavirus infection by implementing various measures in the countries. Moreover, the governments of various countries have collaborated with universities around the globe to find novel treatments option for COVID-19 and its related complications. For instance, according to the data published by The American Journal of Managed Care, in September 2021, patients with chronic wounds had delayed preventative and emergent wound care during the COVID-19 pandemic. Before the COVID-19, it was typical for patients to present weekly or bi-weekly for regular wound care services. In the early lockdown stage of the pandemic, most outpatient wound care clinics suspended operations, as lockdowns eased and outpatient appointments resumed, many patients avoid appointments out of fear of exposure to COVID-19. Thus, increasing infections among patients led to the decresed use of wound debridement products

Global Wound Debridement Products Market: Key Developments

Increasing adoption of inorganic strategies such as product launches by key market players is expected to drive the global wound debridement products market over the forecast period. For instance, in October 2022, Healthium Medtech Limited, a medical technology company, announced that it had launched a new wound dressing portfolio of Theruptor Novo for the management of chronic wounds like diabetic foot ulcers and leg ulcers to strengthen its existing portfolio of patented products in the surgical wound debridement devices.

Browse 27 Market Data Tables and 25 Figures spread through 180 Pages and in-depth TOC on “Global Wound Debridement Products Market”- Forecast to 2030, Global Wound Debridement Products Market, By Product Type (Hydrosurgical Debridement Devices, Low Frequency Ultrasound Devices, Surgical Wound Debridement Devices, Mechanical Debridement Pads, Traditional Wound Debridement Devices, and Larval Therapy), By Application (Chronic Ulcers, Surgical Wounds, Traumatic Wounds, and Burn Cases) by End User (Hospitals, Ambulatory Surgical Centers, Specialized Clinics, and Others (Nursing Facilities, etc.)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/wound-debridement-products-market-3784

Increasing prevalence of burn injuries is expected to drive the global wound debridement products market over the forecast period. For instance, in February 2020, according to the data published by National Center for Biotechnology Information, the World Health Organization estimated that 11 million burn injuries of all types occurs annually worldwide, out of which, 180,000 cases are fatal.

Key Takeaways of the Global Wound Debridement Products Market:

  • Global wound debridement products market is expected to exhibit a CAGR of 9.2% during the forecast period, due to increasing CE mark approval for debridement products over the forecast period. For instance, in February 2021, DEBx Medical, a medical technology company, had received CE mark approval for Debrichem, which is the topical agent used for surgical debridement, and categorized as class IIb medical device
  • Among product type, low frequency ultrasound devices is estimated to hold a dominant position in the global wound debridement products market over the forecast period due to increasing product approvals by regulatory authority. For instance, on March 28, 2023, Vaporox, a U.S.-based medical device company, received the U.S. Food and Drug Administration approval for wound care medical device VHT-200 that isdesigned to deliver a unique combination of ultrasonic mist and concentrated oxygen to heal chronic wounds.
  • Among region, North America is estimated to account for the largest market share in the global wound debridement products market over the forecast period. For instance, on February 17, 2023, SERDA therapeutics, a biopharmaceutical company, announced thatit had submitted an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration for its lead product SN514 hydrogel, an innovative enzymatic wound debriding agent. SN514 hydrogel is a topical debridement product that is designed to remove eschar rapidly and effectively from severe burn wounds and chronic ulcers including pressure injury ulcers, venous leg ulcers (open leg) and diabetic foot ulcers.
  • Major players operating in the global wound debridement products market include DeRoyal Industries, Inc., Monarch Labs, Zimmer Biomet, Bactiguard AB, Bioventus, Convatec Group PLC, B. Braun SE, Scapa Healthcare, PAUL HARTMANN AG, ACRO Biomedical Co., Ltd., Medline Industries, LP., Organogenesis Inc., Cardinal Health, and Human Biosciences Inc.

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