Global Wound Debridement Market 2019-2023

Global Wound Debridement Market 2019-2023

About this market

Globally, the aging population is growing rapidly owing to the rise in average life expectancy. The aging population has a significantly high incidence rate of acute wounds and chronic wounds, especially pressure ulcers and venous leg ulcers. The aging population also has a significantly high rate of surgical procedures. Hence, there is an increased potential for wound complications. The majority of chronic wounds are associated with conditions such as vascular disease, venous insufficiency, unrelieved pressure, and diabetes mellitus; which are more common in the elderly. These conditions increase the risk of developing chronic wounds. The elderly is also more likely to have delayed inflammatory response, which can negatively affect the wound healing process. Hence, the demand for wound care services from the aging population is higher than from the younger population, thereby driving the growth of the global wound debridement market. Technavio’s analysts have predicted that the wound debridement market will register a CAGR of almost 7% by 2023.

Market Overview

Increasing prevalence of non-healing acute and chronic wounds

The increasing global prevalence of non- healing acute and chronic wounds such as diabetic ulcers: venous ulcers, and pressure ulcers is expected to drive the demand for wound debridement products.

Lack of awareness and shortage of resources for wound care treatment

A global shortage of wound care centers and wound care funding has been witnessed. Many developed countries are also facing similar shortages in wound care resources. Thus, the global shortage of wound care resources is, in turn, restricting the growth of the global wound debridement market.

For the detailed list of factors that will drive and challenge the growth of the wound debridement market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.