P e r s i s t e n c e M a r k e t R e s e a r c h
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North America ’ s Wound Debridement Products Market Anticipated to Garner US $ 307.8 Million by 2024
Health risks of unattended wounds or undue exposure to infected tissues are becoming an alarming concern in the healthcare industry of North America . Ineffectiveness of conventional wound care products continues to impede the surgical improvement of patients being treated with infected diseases . In North America , growing expenditure on healthcare facilities and invasive surgeries compels medical organizations to improve recuperation processes such as tissue regeneration through the use of wound debridement products . According to a recent study undertaken by Persistence Market Research , total market revenues procured by sales of wound debridement products in North America are estimated to reach US $ 307.8 million by the end of 2024 .
Persistence Market Research ’ s report , titled “ Wound Debridement Products Market : North America Industry Analysis & Forecast , 2016-2024 ,” includes key findings that indicate North America ’ s wound debridement products market to expand at a steady 6.9 % CAGR throughout the forecast period 2016-2026 . According to the report , an estimated US $ 171.8 million revenues have been attained in North America through wound debridement products sales in 2015 . Over the projection period , a majority of North America ’ s wound debridement products revenues will be accounted by the US healthcare sector as Canada is anticipated to attribute just over 10 % of the gross market value .
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Top Research Findings on North America ’ s Wound Debridement Products Market
� In US , surging need for the application of wound debridement products in treatment of chronic ulcers is expected to account for the highest revenue share through 2024 .
� By the end of 2024 , the US wound debridement products market is projected to be valued over US $ 250 million .
� On the other hand , the wound debridement products revenues attained from Canada are expected to exhibit an estimated US $ 1.3 million increment in terms of revenues , between 2016 and 2017 .
� Availability of a vast patient pool in North America serves as a favorable quotient for the growth of its wound debridement products market .
� Nevertheless , complications arising from Medical adhesive-related skin injury ( MARSI ) is projected to inhibit the growth in demand for wound debridement products in North America .
The growth of North America ’ s wound debridement products market has been analyzed on the basis of various types of products , considering their effectiveness , affordability and preference as key determinants of growth . In 2016 and beyond , mechanical debridement pads and traditional wound debridement devices will collective account for nearly 50 % of the market revenues . Meanwhile , the market value share of surgical wound debridement devices is projected to drop from nearly 20 % in 2016 to just over 15 % by the end of 2024 .
North America Wound Debridement Products Market by 2024