Wound Irrigation Systems Market is Estimated to Reach a Value of Around US$ 300 Million by 2027


Posted December 18, 2017 by hawerr

Revenue generated by global wound irrigation market in 2017 reached US$ 230.2 Mn and by the end of the assessment year (2027), it is estimated to reach a value of around US$ 300 Mn

 
The report on the global wound irrigation systems market covers annual sales revenue generated by various market segments during the period of assessment 2017-2027. Furthermore, developments taking place in the market, various trends impacting the market and other drivers fuelling the growth of the global wound irrigation systems market are enumerated in this research. Also few challenges that are pulling market growth southward are also assessed. The research report titled “Wound Irrigation Systems Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” presents a complete high level overview of the market to the reader and supports strategic plans for future moves by portraying an accurate forecast model of the global wound irrigation systems market.

Report overview@ https://www.futuremarketinsights.com/reports/wound-irrigation-system-market

There are various aspects influencing the growth of the global wound irrigation systems market in a positive as well as in a negative manner. Factors such as increasing initiatives by healthcare facilities, availability of improved product lines for wound care, increasing prevalence of chronic wounds and increasing adoption of advanced wound care products are pushing the growth of the global market for wound irrigation systems. Factors such as relatively higher costs associated with advanced wound care products and limited awareness among the rural population are hindering the growth of the global wound irrigation systems market. The market has also witnessed few trends that are likely to define the market’s growth in the coming years. Increasing acceptance of standardised protocols to manage complex wounds and collaborative agreements between manufacturers and channel partners are few of the trends that are contributing to the growth of the global wound irrigation systems market.

The global wound irrigation systems market is expected to grow at a slow rate to register a CAGR of 3.0% throughout the period of assessment and reach a valuation of more than US$ 300 Mn by the end of the year of assessment from a value of about US$ 230 Mn in 2017.

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By product type, the battery operated segment is the largest with a high market valuation. The manually operated segment, however, is gaining traction and is poised to grow at a comparatively high CAGR throughout the period of forecast

By wound type, the chronic wounds segment is projected to grow at a high CAGR of 3.5% during the forecast period. The acute wounds segment is likely to dominate the global market

By end user, the home care centres segment is expected to grow at the fastest pace to reach a CAGR of 4.7% during the forecast period

By region, North America is anticipated to radiate high market attractiveness throughout the forecast period. The wound irrigation systems market in Asia Pacific excluding Japan is projected to grow at a comparatively high rate during 2017-2027

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The research report on the global wound irrigation systems market covers in-depth analysis on various key players participating in the market. Company overview, SWOT analysis, product portfolio, key developments and various growth strategies of major companies such as Zimmer Biomet, Stryker Corporation, Centurion Medical Products, BSN Medical, Cooper Surgical Inc., C. R. Bard, Inc., Medtronic Plc., Bionix, and Westmed, Inc

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Issued By Future Market Insights
Country United States
Categories Health , Medical , Technology
Tags wound irrigation systems market
Last Updated December 18, 2017