Wound Irrigation Solution Market Size, Share & Trends 2031

Report Description

Wound Irrigation Solution Market Outlook:

The global wound irrigation solution market was estimated at USD 1,500.8 Million in 2022 and is anticipated to reach USD 2,006.2 Million by 2031, expanding at a CAGR of 3.4% during the forecast period.

Wound irrigation solution is used during the change of bandage or dressing of wound in order to moisturize the affected area and encourage healing. Wound irrigation solution is used for treating acute and chronic types of wounds. It is used to irrigate the area for a thorough examination and determine the severity of the wound. The wound irrigation removes the dead tissues and collected debris while examining ulcers. Irrigation of ulcer wounds helps in the healing process.

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Antibiotic, antiseptic, or saline solutions are also used for surgical wound irrigation to prevent infections, with evidence showing that antibiotic irrigation solutions were better or no different compared to using antiseptic, saline, or no irrigation.

COVID-19 Impact on the Global Wound Irrigation Solution Market

The research report finds that the COVID-19 pandemic has significant impact on the distribution, transportation, and manufacturing of wound irrigation solution. Manufacturers of wound irrigation solutions were affected during the pandemic, due to restrictions and the closure of global industries. Import and export of raw materials were affected majorly, due to transport restrictions globally. These disruptions have been attributed to various factors such as lockdowns, travel restrictions, and many others.

Artificial Intelligence (AI) Impact on the Global Wound Irrigation Solution Market

The impact of Artificial Intelligence (AI) on the global wound irrigation solution market is an emerging area of research and development. AI is being increasingly used in the field of wound management, offering various applications to assist in the treatment of chronic wounds. AI can help in understanding wound and tissue classification, border segmentation, visual image synthesis, and predicting the healing process of the wound. Additionally, AI-based multimodal risk assessment models have been proposed to aid in wound irrigation and negative-pressure wound therapy.

Macro-economic Factors

Rising GDP of Emerging Economies

An emerging market economy refers to a country that is in the process of developing its economy to become advanced. Emerging economies such as Brazil, Russia, India, China, and other countries in Latin America and Southeast Asia are key destinations for the pharmaceutical industry. Over half the world’s population is residing in India and China, which results in high consumption of various pharmaceutical products to meet the demand for a large patient population in these countries.

Market Dynamics

Major Driver- Rising number of road accidents

Road accidents cause minimal or severe bruises and scratches. These are treated by wound irrigation solution such as antiseptic liquids. Wound irrigation helps in prevention of bacterial growth and supports quick healing of the wounds. Major accidents require supervision of healthcare providers and patients are rushed to the nearby hospitals or clinics. Rising number of accidents is anticipated to fuel the use of wound irrigation solution. For instance,

• According to World Health Organization around 1.19 million people die each year globally due to road accidents.

Existing Restraint- Supply chain disruptions

Strict regulations by various governments to combat the COVID-19 pandemic is considered to impede the wound irrigation solution market. Furthermore, a temporary halt in transportation was registered, due to the lack of manpower and sudden lockdown globally. This led to the lack of supply of saline for wound irrigation. This hampered the market.

Emerging Opportunity- Increasing Research and Development Activities by Key Players

Manufacturers are conducting clinical trials of formulations to introduce products that promote rapid recovery in patients. Key market players are entering into an agreement with a large number of suppliers and distributors to outsource their products around the globe. This is projected to create lucrative opportunities for the key players to offer their products globally and fuel their market share. For instance,

• In November 2023, Sonoma Pharmaceuticals Announced U.S. Launch of Next Generation Advanced Solution for Pulse Lavage Irrigation at the Symposium on Advanced Wound Care Fall Conference.

Scope of the Report   

The report on the global Wound Irrigation Solution market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Wound Irrigation Solution Market Segmental Outlook

Based on type, the wound irrigation solution market is segmented into wetting agents and antiseptics. The antiseptics segment accounted for a significant market share in 2022. Antiseptic is defined as a substance that decelerates the growth of microorganisms. These are chemicals used for cleaning the skin and wounds. They reduce the number of microorganisms active on the skin, in wounds, and in mucous membranes. Antiseptic and disinfectants are used in hospitals and residential settings for minor bruises. They reduce the risk of infection during surgery and other procedures. They are available over the counter for cleaning and treating minor cuts and scratches. 

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On the basis of type of wound, the global wound irrigation solution market is segmented into burns, diabetic foot ulcer, pressure ulcer, venous ulcer, surgical wounds, and others. The pressure ulcer segment is expected to expand at a significant CAGR during the forecast period. It is an injury on the skin and underlying tissue. It is primarily caused due to prolonged pressure on the skin. Patients confined to bed rest or wheelchair for long periods of time suffer from pressure ulcers. Cleaning with wound irrigation solutions such as saline spray containing aloe vera, silver chloride, and decyl glucoside (Vulnopur) is considered to significantly improve the condition of pressure ulcers.

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Based on application, the global wound irrigation solution market is segmented into acute care hospitals, ambulatory surgical center, wound care clinics & private offices. The acute care hospitals segment is anticipated to grow at a rapid pace, owing to increasing cases of burns and trauma during the forecast period. Acute care hospital is defined as a hospital that provides inpatient medical care and other related services for surgery, acute medical conditions, or injuries. It treats the patients for a brief and severe illness. It offers treatment services for chronic conditions such as disease or trauma and during recovery from surgery.

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Based on distribution channel, the global wound irrigation solution market is categorized into hospital pharmacy, retail pharmacy, and online pharmacy. The hospital pharmacy segment is projected to expand at a noteworthy CAGR during the forecast period. Hospital pharmacy is a health care service for storing & dispensing medicines and medical devices. Hospital pharmacies are generally located in the hospital premises. Hospital pharmacies stock a large range of medications. They distribute medications over-the-counter and prescription medications to patients as well.

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Regional Outlook

On the basis of region, the global wound irrigation solution market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).

The market in North America is projected to expand at a significant CAGR during the forecast period. North America is estimated to maintain its dominance in the market during the forecast period, due to increasing demand for wound irrigation solution from hospitals, clinics, and research laboratories in the region.

The market in Asia Pacific is expected to grow at a rapid pace during the forecast period. Rising number of cancer cases in the region is projected to fuel the demand for surgeries and dressing of wounds, which in turn is anticipated to drive the market share for wound irrigation solution in the coming years.

Key Benefits for Industry Participants & Stakeholders

• In-depth Analysis of the Global Wound Irrigation Solution Market

• Historical, Current, and Projected Market Size in terms of Value

• Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

• Industry Drivers, Restraints, and Opportunities Covered in the Study

• Recent Industry Trends and Developments

• Competitive Landscape & Strategies of Key Players

• Neutral Perspective on Global Wound Irrigation Solution Market performance