Rise in incidence of accidents, chronic diseases, and surgeries drives the growth of the global wound debridement market. Based on wound type, the diabetic foot ulcers segment contributed to the major share in 2020. Based on region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030.
Portland, OR, Oct. 21, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global wound debridement market was estimated at $4.13 billion in 2020 and is expected to hit $5.67 billion by 2030, registering a CAGR of 3.2% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.
Rise in incidence of accidents, chronic diseases, and surgeries drives the growth of the global wound debridement market. On the other hand, high cost of advanced wound care products restrains the growth to some extent. However, huge growth potential in the emerging economies has been highly beneficial for the market growth.
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Impact of COVID-19 on Wound Debridement Market (Pre & Post Analysis)
The outbreak of the pandemic led to disrupted workflows in the healthcare sector and various medical services other than the ones that need emergency care, thereby impacting the global would debridement market negatively.
However, as the global situation is getting ameliorated at a slow & steady pace, the market is anticipated to get back on track soon.
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The global wound debridement market is analyzed across products, wound type, method, end user, and region. Based on product, the ointments and creams segment accounted for nearly one-third of the total market share in 2020, and is expected to rule the roost by 2030. The gels segment, however, would garner the fastest CAGR of 4.6% throughout the forecast period.
Based on wound type, the diabetic foot ulcers segment contributed to more than two-fifths of the total market revenue in 2020, and is projected to lead the trail by 2030. The surgical & trauma wounds segment, however, would exhibit the fastest CAGR of 5.1% during the forecast period.
Based on region, the market across North America held the major share in 2020, garnering more than two-fifths of the global market. Asia-Pacific, on the other hand, would manifest the fastest CAGR of 5.9% throughout the forecast period. The other provinces discussed in the report include Europe and LAMEA.
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The key market players analyzed in the global wound debridement market report include Smith & Nephew; B. Braun Melsungen AG; Integra Lifesciences; Coloplast A/S; Paul Hartmann; Mölnlycke Health Care; Acelity L.P. Inc.; ConvaTec Group; Lohmann & Rauscher; and Medline Industries. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.
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