Wound Debridement Market size in 2019 is estimated to be $4.89 billion, growing at a CAGR of 6.1% during the forecast period 2020-2025. Wound debridement refers to the procedure of medical removal of necrotic, contaminated and infected tissue from a wound to promote wound healing. The Wound Debridement can be carried out by chemical, enzymatic and various other processes to remove unwanted tissue. Growing geriatric population, rising incidence of chronic wounds are the major factors driving the growth of the market. Moreover, rise in demand for better healthcare and rising incidence of burn injuries further enhance the overall demand for wound debridement.
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Product Type – Segment Analysis
Based on the Product Type, wound debridement market is segmented into gels, ointments & cream, surgical devices, medical gauzes, mechanical debridement pads, ultrasonic devices and others. Gel is forecast to be the fastest-growing segment and is estimated to grow at a CAGR of 5.63% during the forecast period 2020-2025. Gels are having property to avoid enzymatic activity and drug interaction with food and drinks. In addition, no inflammation, less bleeding, removal of necrotic tissue safely and without infection are some factors that are contributing to the growth of this segment.
Method – Segment Analysis
Based on the method, wound debridement market is segmented into biological method, enzymatic method, autolytic method, mechanical method and others. In 2019, autolytic method held the largest share in the wound debridement market. Self-healing properties, easy to perform are key factors driving the growth of this segment. Autolytic method is less painful, effective and safe which is also contributing to the growth of this segment.
Geography – Segment Analysis
North America dominated the wound debridement market share accounting for 42% of the market in 2019. This is mainly owing to increase prevalence of diabetes and presence of developed medical infrastructure. According to American Diabetes association (ADA), about 100,000 people suffering from diabetes each year in U.S. and 25% failed to heal. The American Diabetes Association developed a comprehensive foot examination and risk assessment for the patients that can be performed rapidly with minimally equipment.
However, the Asia-Pacific region is forecast to be the fastest-growing during the forecast period 2020-2025. This is owing to increasing awareness regarding advanced healthcare products and availability of skilled labor.
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Drivers – Wound Debridement Market
Rising geriatric population and increasing adoption of debridement products are some factors driving the growth of wound debridement market. Moreover, increasing rates of disease and condition such as diabetes, obesity and various programs are being initiated to create awareness among people are also set to increase the market growth.
Increasing prevalence of chronic disease and rising incidence of burn injury are some factors driving the growth of the market. According to Wound care Association, it is estimated that 6.7 million people are suffering from chronic wounds in the U.S. and increasing incidence of injuries and trauma further contributing to the growth of wound debridement market.
Challenges – Wound Debridement Market
The high cost of enzymatic products and higher risk for bleeding in surgical debridement are challenging the growth of the market. Moreover, the lack of skilled specialist to guide patients and risk for complications are further restraining its market growth during the forecast period 2020-2025.
Acquisitions/Product Launches
Key Takeaways
Wound Debridement Industry Outlook
Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Wound Debridement Market. Wound Debridement top 10 companies are Smith & Nephew plc., Lohmann & Rauscher International GmbH & Co. KG (L&R Group), Medaxis, DeRoyal Industries, Inc., Monarch Labs, Arobella Medical, LLC, Zimmer Biomet, Misonix, Inc., Bactiguard AB, MediWound Ltd., and Söring GmbH.
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