Global Pulse Lavage Market is projected to expand at 8.2% CAGR and reach US$ 785 Million by 2032
The global pulse lavage market is anticipated to generate a revenue of US$ 785 million by 2032 as opposed to a value of US$ 356.9 million in 2022. The target market will, thus, record a strong CAGR of 8.2% from 2022 to 2032. The escalation in the prevalence of orthopedic procedures is one of the main reasons responsible for the growth of the pulse lavage market during this period of observation.
Pulse lavage, also known as pulsatile jet lavage, is a kind of mechanical hydrotherapy that makes use of a pressurized, pulsed solution to irrigate and debride wounds of necrotic tissue. This device is extensively used in different hospital procedures, specifically orthopedic ones. The market for pulse lavage is propelled by the rising number of orthopedic procedures as well as by the growing geriatric population across the globe. An upsurge in road accident-related injuries also spurs the demand for pulse lavage. Critical injuries caused by road accidents or sports induce growth for the target market as these result in a surge in the number of orthopedic procedures. during 2022-2032. Furthermore, technological progress in the production of surgical tools and an overall rise in surgical procedures also abet the growth of the pulse lavage market.
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During the forecast period, the pulse lavage market is set to witness strong growth due to factors like the advancement of the healthcare industry at large, greater health awareness, better computational strategies, and growing disposable incomes. The prevailing fitness trends and increasing awareness of different types of physical activities like running, gym, and other cardio activities are expected to bolster the demand for pulse lavage. Again, the booming medical tourism industries, especially in developing countries, will likely open numerous avenues of growth for the pulse lavage market during the forecast period.
Key Takeaways:
- Delay in wound healing due to high-pressure irrigation and poor reimbursement policies may impede the growth of the market.
- In terms of product type, the battery-powered pulse lavage system will account for a sizeable portion of the market share due to growing demand from end-users.
- Based on reusability, disposable lavage systems are gaining traction during 2022-2032 owing to fewer chances of cross-contamination.
- The hospitals and clinics will lead market growth as end-users since this segment receives more admissions for emergency care.
- North America’s pulse lavage market will dominate the international marketplace as the region has a well-established healthcare infrastructure.
- The pulse lavage market in Asia Pacific will be one of the fastest-growing markets due to the presence of a large geriatric population.
Competitive Landscape:
Zimmer Biomet Holdings, Inc., Stryker Corporation, Smith & Nephew plc, LLC, Mölnlycke Health Care AB, and Corin Orthopaedics Holding Ltd, among others, are some of the prominent players in the pulse lavage market profiled in the full version of the report.
Leading market players are concentrating on developing and launching innovative products. These businesses also focus on product upgrades and employ other organic as well as inorganic business strategies to enhance their market footprint.
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More Insights into Pulse Lavage Market:
In its most recent report, FMI offers an unbiased and detailed analysis of the global pulse lavage market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the target market is segmented on the basis of product type, reusability, application, end-user, and region.
According to the same report, based on regional segmentation, the pulse lavage market in North America will demonstrate strong growth during 2022-2032. The target market in this region will dominate the global market space and account for a significant portion of the market share. This growth can be attributed to the presence of well-established healthcare facilities, the rise in the aging population, surging cases of bone disorders, increasing orthopedic procedures, and the existence of a large number of hospitals. Europe will closely follow North America in terms of the pulse lavage market growth. It will hold the second largest market share mainly because of the growing geriatric population. In addition, Asia Pacific is estimated to undergo the fastest growth rate due to steady economic growth, a rising elderly population, and governmental efforts to improve healthcare. Thus, North America, Europe, and Asia Pacific will be significant contributors to the global growth of the pulse lavage market.
Key Segments In The Pulse Lavage Market
By Product Type:
- Battery-Powered
- Gas-Powered
By Reusability:
- Disposable
- Reusable
- Semi Disposable
By Application:
- Orthopedic
- Trauma
- Wound Healing
By End User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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