(PharmaNewsWire.Com, February 20, 2018 ) The Europe Wound Debridement Products market size was around USD 126.25 million in 2017. It is expected to grow at a CAGR of 6.8% to reach USD 175.42 million by 2022. It captures 25% of the global market share.
Wound debridement is a process of removal of contaminated, dead tissue along with foreign substance from a wound. Wound debridement products help to decrease various types of toxins, microbes, and other foreign material that hinders healing of the wound.
Growing incidence of hard and heal wounds, augmenting geriatric population, increase in prevalence of chronic diseases, rising adoption of debridement products and techniques and growth in patients population are fuelling the market. Additionally, higher demand for improved healthcare, better reimbursement policy, high healthcare expenditure and cost effectiveness are the secondary factors driving the market.
On the other hand, economic downturn is inhibiting growth of the market.
The market is categorized by method of debridement and type of wound. By method of debridement the market can be segregated into selective methods and non-selective methods. Selective methods include enzymatic or chemical debridement, larvae debridement therapy or bio-surgical debridement, and autolytic debridement. Non-selective methods are further segmented into ultrasound, mechanical debridement, and sharp and surgical debridement. By type of wound, the market can be categorized into burn wounds, acute wounds, and chronic wounds. Acute wounds are further sub-segmented into traumatic wounds, abrasions, surgical wounds, necrotizing fasciitis, lacerations, contusions and toxic epidermal necrolysis. Burn wounds are further sub-categorized into chemical burns, flash burns, electrical burns, radiation burns and thermal burns. Chronic wounds are further sub-segmented into venous ulcers, diabetic ulcers, and pressure ulcers.
By geography the market is segmented into UK, Spain, Germany, France and others. It is the second largest market.
Key players in the market are Coloplast A/S, ArthroCare Corporation, Advanced Medical Solutions Group plc, and Misonix, Inc. Other players in the market include MediWound Ltd, Derma Sciences, Inc., PuriCore plc and Smith & Nephew Plc.
Market Segmentation:
1) Method of debridement
Introduction
Selective methods
Non-selective methods
2) Type of wound
Introduction
Acute wounds
Burn wounds
Chronic wounds
3) Product
Hydrosurgical Debridement Devices
Low Frequency Ultrasound Devices
Surgical Wound Debridement Devices
Mechanical Debridement Pads
Traditional Wound Debridement Devices
Larval Therapy
Scope of the Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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