Global Pulse Lavage Market Growing at a CAGR of 8.7% Through to 2025- Gmi Research
GMI Research expects revenue for the global Pulse Lavage market to reach USD 426.7 million in 2025, growing at a CAGR of 8.7% through to 2025.
The key factors boosting the market growth are:
• Rise in Trauma Cases Coupled with Increasing Orthopaedics Surgery is Expected to Spur the Market Growth
• Increase in Geriatric Population is Driving the Growth of Pulse Lavage Market
Pulse lavage is gaining traction over conventional techniques because of its accuracy and high efficiency and more inclination towards minimally invasive treatment.
The factors such as rapidly increase in geriatric population, growth in volume of orthopaedic procedures, rise in sports and road accident injuries, and technological advancements in development of surgical tools are driving the growth of global pulse lavage market. In addition, growth in medical tourism in developing countries is making this procedure affordable for patients will further drive the market.
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High disposable pulse lavage type captured the largest market share in 2017 and will continue to dominate the market share through 2025 as it is used more in orthopaedics surgery.
Orthopaedics surgery segment is expected to dominate the market during the forecast period due to rising adoption of pulse lavage devices in orthopaedic procedure, and growing number of trauma cases across the globe.
Ambulatory surgical centre is also expected to witness strong growth due to the higher hospitalizations rate in case of trauma and rising preference of caregiver towards outpatient treatment
“Orthopaedics surgeries and trauma injuries are the promising growth potential market sector for pulse lavage across the globe” —-GMI Research Outlook
Based on geography, North America is the largest market in 2017 for the pulse lavage because large number of orthopaedic procedures performed and growing geriatric population. Asia-Pacific is expected to witness higher growth over the forecast period, primarily due to presence of a large patient pool for target disease rising older population and growing medical tourism in the region.
Key takeaways/key essentials:
• Rise in the volume of orthopaedics has increased demand for pulse lavage device across the globe
• The Orthopaedics surgery revenue is expected to grow by 1.3 times in 2025 of base year revenue.
Global Pulse Lavage market share is divided by some of the key players including, JUDD Medical, Stryker Corp., Micro Aire Surgical, Corin Orthopaedics Holding Ltd., Heraeus Holding Gmbh, De Soutter Medical Ltd., Molnlycke Health Care, Zimmer Biomet, BD Bard Ltd among others.
The global Pulse Lavage market has been segmented based on product, usability, application, end user, and key geographies. Based on the product, global pulse lavage market has been segmented into device and accessories. Based on Usability, the market has been segmented into disposable and reusable. Based on application, the market has been segmented into orthopaedic, wound and others.
The research report on pulse lavage market provides in-depth analysis of the global Pulse Lavage market revenue based on product type, end user and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report also provides market size and forecast for Pulse Lavage market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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