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Wound Irrigation Solution Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR45615
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The wound irrigation solution market size has the potential to grow by USD 147.95 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (wetting agents and antiseptics), end-user (hospitals, ASCs, clinics, and others), and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including 3M Co., Anacapa Technologies Inc., B. Braun Melsungen AG, Becton, Dickinson and Co., Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Medline Industries Inc., Reckitt Benckiser Group Plc, and Schulke & Mayr GmbH.

Market Overview

Wound Irrigation Solution Market Size

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Market Competitive Analysis

The wound irrigation solution market is fragmented. 3M Co., Anacapa Technologies Inc., and B. Braun Melsungen AG are some of the major market participants. Factors such as increasing government support to meet healthcare needs, rising awareness of wound treatment driving adoption, and increasing demand for advanced antiseptic solutions will offer immense growth opportunities. However, the preference for alternate wound irrigation products, intense price competition, and product recalls affecting market growth may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this wound irrigation solution market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this wound irrigation solution market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • 3M Co.
  • Anacapa Technologies Inc.
  • B. Braun Melsungen AG
  • Becton, Dickinson and Co.
  • Cardinal Health Inc.
  • Coloplast AS
  • ConvaTec Group Plc
  • Medline Industries Inc.
  • Reckitt Benckiser Group Plc
  • Schulke & Mayr GmbH

 

Wound Irrigation Solution Market: Segmentation by Geography

Wound Irrigation Solution Market Market segmentation by region

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. Asia will offer several growth opportunities to market vendors during the forecast period. The support for the inclusion of electromicyn and microdacyn in WHO EML, rise in the number of strategic alliances, and growth of e-commerce in pharma sector will significantly influence wound irrigation solution market growth in this region.

37% of the market's growth will originate from Asia during the forecast period. Japan and China are the key markets for wound irrigation solution in Asia. This report provides an accurate prediction of the contribution of all segments to the growth of the wound irrigation solution market size.

Wound Irrigation Solution Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive wound irrigation solution market growth during the next five years
  • Precise estimation of the wound irrigation solution market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the wound irrigation solution industry across Asia, Europe, North America, and ROW
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wound irrigation solution market vendors

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Wound Irrigation Solution Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2020-2024

$ 147.95 million

Market structure

Fragmented

YoY growth (%)

2.20

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Asia at 37%

Key consumer countries

US, Germany, UK, Japan, France, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Anacapa Technologies Inc., B. Braun Melsungen AG, Becton, Dickinson and Co., Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Medline Industries Inc., Reckitt Benckiser Group Plc, and Schulke & Mayr GmbH

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Wetting agents - Market size and forecast 2019-2024
    • Antiseptics - Market size and forecast 2019-2024
    • Market opportunity by Product

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Hospitals - Market size and forecast 2019-2024
    • ASCs - Market size and forecast 2019-2024
    • Clinics - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by End-user

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2019-2024
    • Europe - Market size and forecast 2019-2024
    • Asia - Market size and forecast 2019-2024
    • ROW - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Volume drivers – Demand led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 3M Co.
    • Anacapa Technologies Inc.
    • B. Braun Melsungen AG
    • Cardinal Health Inc.
    • Coloplast AS
    • ConvaTec Group Plc
    • Medline Industries Inc.
    • Reckitt Benckiser Group Plc
    • Schulke & Mayr GmbH

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    Wound Irrigation Solution market growth will increase by $147.95 million during 2019-2024.
    The wound irrigation solution market is expected to grow at a CAGR of 2.99% during 2019-2024.
    Technavio has segmented the wound irrigation solution market by product (Wetting agents and Antiseptics) ,end user (Hospitals, ASCs, Clinics, and Others) , and geographic (North America, Europe, Asia, and ROW).
    3M Co., Anacapa Technologies Inc., B. Braun Melsungen AG, Becton, Dickinson and Co., Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Medline Industries Inc., Reckitt Benckiser Group Plc, Schulke & Mayr GmbH are a few of the key vendors in the wound irrigation solution market.
    Asia will register the highest growth rate of 36.56% among the other regions. Therefore, the wound irrigation solution market in Asia is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the wound irrigation solution market growth are:
    • Increasing government support to meet healthcare needs
    • Support for inclusion of electromicyn and microdacyn in WHO EML
    The wound irrigation solution market vendors should focus on grabbing business opportunities from the wetting agents segment as it accounted for the largest market share in the base year.
    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?
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    • Data on revenue-generating market segments
    • Details on the market shares of various regions
    • Five-force market analysis

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