The wound
irrigation solution market size is expected to post a CAGR of over 3%
during the period 2019-2023, according to the latest market research report by
Technavio.
Increasing government support to meet healthcare needs is one of the
major reasons for the wound irrigation solution market growth. Increasing
government funds for public healthcare activities are making primary health
care and medicines more accessible to a greater portion of the population. For
instance, in Germany, all residents are covered under a common health insurance
and are entitled to insurance benefits, including universal access to medical
specialists, physiotherapists, and medical aids, including medicines.
As per Technavio, the support for inclusion of electromicyn and
microdacyn in WHO EML will have a positive impact on the market and contribute
to its growth significantly over the forecast period. This research report also
analyzes other important trends and market drivers that will affect the market
growth over 2019-2023.
Wound Irrigation Solution Market: Support for Inclusion of Electromicyn
and Microdacyn in WHO EML
The support for the inclusion of electromicyn and microdacyn in WHO EML
is one of the major trends being witnessed in the global wound irrigation
solution market. Electromicyn and microdacyn are solutions used in the
treatment of chronic and acute wounds, including wounds caused by diabetes,
cuts, and burns. Electromicyn is a medical device consisting of a stabilized
pH-neutral solution of hypochlorous acid, ozone, peroxide, and superoxide.
Microdacyn, on the other hand, is a solution containing sodium hypochlorite and
hypochlorous acid. Both these solutions are highly effective in debridement,
moistening, and treatment of several chronic and acute wounds.
“Apart from the
support for inclusion of electromicyn and microdacyn in WHO EML, other factors
such as the rise in number of strategic alliances, and the growth of e-commerce
in pharma sector will drive the growth of the wound irrigation solution market
during the forecast period,” says a senior analyst at Technavio.
Wound Irrigation Solution Market: Segmentation Analysis
This market research report segments the wound irrigation solution market by
product (wetting agents and antiseptics) and by region (the Americas, EMEA, and
APAC).
The Americas held the largest share of the market in 2018, followed by
EMEA and APAC respectively. Although the APAC region held the smallest share of
the market, it is expected to witness the maximum increase in its market share
over the forecast period.
Technavio’s sample reports are free of charge and contain multiple
sections of the report, such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
·
Market ecosystem
·
Market characteristics
·
Market segmentation analysis
Market Sizing
·
Market definition
·
Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
·
Regional comparison
·
Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
·
Vendors covered
·
Vendor classification
·
Market positioning of vendors
·
Competitive scenario
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