Prominently, wound infections might cause a delay in the healing process of chronic wounds. To some extent, most of the wounds are colonized by pathogens and bacteria, however, it does not necessarily denote wound infection. Conversely, some antimicrobial agents are used in minimizing the burden of bacteria in chronic wounds. Antimicrobial wound care has raised to fame owing to its lower resistance rates associated with antiseptics. Evidently, iodine, polyhexanide, and silver-based agents have been the most instrumental antiseptic agents with significant demand, steering the wound antiseptics market. The market is further augmented by the incessant rise in wound incidence and concurrent penetration and utilization of wound antiseptics among emerging-market middle-class population.
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Growing Geriatric Population Rising Prevalence of Diabetes to Steer Market Growth
Over the forecast, key manufacturers are highly motivated to indulge in inorganic activities including well-calculated collaborations to enrich RD efforts. Novel wound antiseptic products take less time to heal and have reduced contamination effects on the wound surface. Wounds caused in the geriatric population aren’t solely caused by an injury. Limited regeneration abilities in elderly people coupled with diverse chronic conditions such as diabetes and immobility make them more susceptible to the occurrence of wounds. Even though most wounds are curable but their healing process is delayed. With all stages of wound healing being impaired in elderly people, the overall duration of wound treatment is extended. Holistically, the growing geriatric population and increased proneness to injury by any factor shall assure an influential impact on the global wound antiseptics market.
Comprehensive Applications of Hydrogen Peroxide in Healthcare Industry to Unveil Fruitful Growth Prospects
Hydrogen peroxide essentially releases oxygen to cause foaming on the bruise and cut skin. This facilitates the clearance of dead skin around the wound and protects the wound from getting infected. Rigid infection control policies for hospitals have surged the usage of hydrogen peroxide. Furthermore, the present antiseptic capabilities have further propelled the demand for the product in the healthcare sector. The use of hydrogen peroxide as an antiseptic agent prevents skin cuts and bruises from getting infected. Besides, owing to its ability to ease mouth irritation, mucous and various other oral conditions, hydrogen peroxide is extensively used as a mouth rinse as well. Such broad-ranging applications in the healthcare sector are poised to strengthen the global wound antiseptics market growth course.
Rising Prevalence of Chronic Wounds Paves Way for Market Expansion in North America
Over the projection timeframe, North America is set to garner a lion's share in the global wound antiseptics market with an accelerated number of surgical procedures. Preoperative skin preparation before performing surgical procedures is creating tailwinds for wound antiseptic products. In the US, the burden of chronic wounds is on the rise with over 4.5 million people affected due to the geriatric population along with the rising incidence of diabetes and obesity. Hence, the United States is pivotally positioned to rule the market in North America. Consequently, the rising prevalence of chronic wounds such as diabetic foot ulcers is anticipated to bode well for wound antiseptics market in region.
Leading Market Players
Some of the most prominent players operating in the global wound antiseptics market include Schülke Mayr GmbH, Reckitt Benckiser Group plc., Johnson Johnson Consumer Inc., Smith and Nephew, 3M Company, BD, Angelini Pharma Inc., B. Braun Melsungen AG, Purdue Pharma L.P., Johnson Johnson Services, Inc., Ecolab, and PSK Pharma Pvt. Ltd.
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