In the current situation of restricted movement and reduced workforce, (due to COVID-19 Pandemic) new technologies have been developed to provide end-to-end automation in different sectors such as food processing. Automated systems are hired by the companies to ensure continued supply and manufacturing of products with the least manual interference
The advent of Health Information Technology (HIT) components such as electronic health records (EHR), hospital information systems (HIS), picture archiving and communication systems (PACS), and vendor neutral archives (VNA) has had just as transformational an impact on the overall healthcare sector as the concerns regarding security and privacy. Data theft, undue access to personal health records, and cyber-attacks are very real threats that the healthcare sector faces today.
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Wound drainage supplies assist in the recovery of patient after surgical procedure. Wound drainage supplies comprised of a long tube which is inserted into the wound site. Other end of wound drainage supplies is connected to an external reservoir. The exudate of wound is drain and collected at this external reservoir of wound drainage supplies. The main application of wound drainage supplies is to protect the infected skin from microorganism and reduce the frequency of care. There are different types of wound drainage supplies available in the market and appropriate wound drainage supplies are used according to the need of the patient. Flute drains include channel which is inserted into the surgical wound site to assist the drainage. Perforated drains comprised of holes along the length which helps to perform the effective drainage. Bulb evacuator is designed to provide the suction and collect the wound drainage.
Rise in number of surgical procedures is the primary factor driving the growth of wound drainage supplies market. Also rising prevalence of chronic wound throughout the globe is the fuelling the demand for wound drainage supplies. Moreover availability of favorable reimbursement scenario in developed economies is responsible for robust progress of wound drainage supplies market. Additionally, increasing adoption of advance wound care product will also propel the growth of wound drainage supplies market. On other hand, lack of skilled professional in under developing economies will hamper the revenue growth of wound drainage supplies market. Also the high cost of advance wound care products as compared traditional wound care product will deter the progress of wound drainage supplies market.
The global wound drainage supplies market is classified on the basis of product type, material, end user and region.
Based on product type, wound drainage supplies market is segmented into the following:
- Fluted Drain
- Perforated Drain
- Bulb Evacuator
Based on material type, wound drainage supplies market is segmented into the following:
Based on end user, wound drainage supplies market is segmented into the following:
- Ambulatory Surgical Centers
- Long Term Care Centers
- Homecare Settings
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Rising prevalence of chronic is the key factor behind the significant growth of wound drainage supplies market throughout the globe. According to the WHO, 6.5 Mn patients suffered from chronic wounds in the U.S. during 2015. Around 7.8% population of the U.S. suffers from diabetes and it is expected to become more prevalent over the forecast period. By product type, flute drains segment dominated the wound supplies market which is then followed by perforated drains segment. Silicon wound drainage supplies is widely accepted, hence silicon segment will gain greater share than PVC segment by material type for wound drainage supplies market. Among all end user, hospital segment is expected to dominate the global wound drainage supplies market which is then followed by clinics. Long term care centers and homecare setting segment by end user is expected to show significant growth for global wound drainage supplies market.
Among the regional presence, North America is the lucrative region for wound drainage supplies market which is then followed by Europe. North America registers to be the leading revenue generating segment due to the rising adoption of wound drainage supplies in U.S. and Canada. North America and Europe cumulatively account for a substantial revenue share in wound drainage supplies market. However, due to rising incidences of wound in India and China is the key factor behind the robust the growth of wound drainage supplies market in South Asia and East Asia region. However, Middle East and Africa are expected to account for being least lucrative market for wound drainage supplies due to lack of availability skilled medical professional.
Some of the key players across the value chain of wound drainage supplies market are Typenex Medical LLC., Cardinal Health, Aspen Surgical, Becton Dickinson and Company, Johnson and Johnson, Zimmer Biomet Inc., Olympus America Inc., Getinge AB, Redax SpA, Dispomedica GmbH, Asid Bonz GmbH, Degania Silicone Ltd., and others.
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The report on wound drainage supplies market covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2014 – 2018
- Market Size & Forecast 2019 to 2029
- Supply & Demand Value Chain
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
- Market Drivers and Restraints
Regional analysis for wound drainage supplies market includes
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
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