The growth in the forecast period can be attributed to increasing prevalence of chronic wounds, training programs for providers, lifestyle diseases and environmental factors, steady increase in healthcare facilities, and patient-centric solutions. Major trends in the forecast period include advancements in wound care technologies, a shift towards outpatient care, developing healthcare infrastructure, new product developments in gel, and patient support programs.
The rising prevalence of chronic wounds is expected to significantly drive the growth of the Santyl market in the coming years. Chronic wounds are defined as wounds that do not heal within the typical 4-6 week timeframe, often due to underlying conditions such as diabetes, venous insufficiency, or prolonged pressure. The increasing incidence of chronic wounds can be attributed to the aging population and the growing rates of diabetes, both of which contribute to poor circulation and delayed healing. Santyl is applied directly to chronic wounds to break down necrotic tissue, facilitating faster healing while preserving healthy tissue. For instance, in July 2023, OSF HealthCare reported that approximately 6.7 million people in the U.S. are currently living with chronic wounds, with this number expected to rise by more than 2% annually over the next decade. As a result, the increasing incidence of chronic wounds is expected to fuel the growth of the Santyl market.
The rise in burn accidents is another factor that is likely to drive the growth of the Santyl market. Burn accidents are injuries caused by exposure to heat, flame, chemicals, electricity, or radiation, leading to damage of the skin and underlying tissues. The frequency of burn accidents is on the rise due to factors such as urbanization, the use of hazardous industrial equipment, unsafe cooking practices, insufficient safety measures, and a general lack of awareness regarding fire prevention. Santyl aids in treating burn wounds by removing dead tissue, promoting faster healing, reducing infection risks, and preparing the wound bed for optimal recovery. For instance, in October 2024, the International Burn Injury Database reported a 55% increase in burns and scalds among children in the first eight months of 2024 compared to the same period in 2023. Consequently, the rising number of burn accidents is contributing to the growth of the Santyl market.
An increase in healthcare expenditure is also expected to drive the Santyl market. Healthcare expenditure refers to the total financial resources spent on healthcare services, products, preventive care, and health-related infrastructure by individuals, organizations, or governments within a specific period. Factors such as an aging population, the rising prevalence of chronic diseases, advances in medical technology, higher treatment costs, and greater demand for healthcare services are contributing to the growth of healthcare expenditure. Rising healthcare expenditure supports the use of Santyl by funding advanced wound care treatments, improving accessibility, and enhancing outcomes for patients with burn injuries and other wounds. For example, in May 2024, the Office for National Statistics reported a 5.6% increase in healthcare expenditure in the UK from 2022 to 2023, compared to a 0.9% growth in 2022. Therefore, the rising healthcare expenditure is expected to drive the growth of the Santyl market.
The key company operating in the santyl market is Smith & Nephew Inc.
North America was the largest region in the santyl market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the Santyl market report are Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada.
Santyl is a prescription enzymatic debriding ointment designed to remove dead tissue from wounds, helping to promote natural healing. It is primarily used to treat chronic and acute skin ulcers or burns by creating a cleaner wound environment for more effective healing.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main indications for Santyl include chronic dermal ulcers and severe burns. Chronic dermal ulcers are open sores or wounds that do not heal properly over time, typically lasting for more than three months. Santyl is available in different formulations, including ointment and gel, and is distributed through various channels such as hospitals, clinics, and pharmacies.
The santyl market consists of sales of products including collagenase santyl ointment, antimicrobial dressings, hydrocellular foam, and enzymatic debriding agents. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Santyl Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on santyl market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for santyl ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The santyl market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Indication: Chronic Dermal Ulcers; Severe Burns2) By Formulation: Ointment; Gel
3) By Distribution Channel: Hospitals; Clinics; Pharmacies
Key Companies Profiled: Smith & Nephew Inc.
Countries: Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Smith & Nephew Inc.