openPR Logo
Press release

Wound Care Biologics Market Share Growth Size Trends Report With Derma Sciences, Integra LifeSciences, Kerecis, MiMedx, Mölnlycke Health Care DACH, Osiris Therapeutics,Smith & Nephew, Solsys Medical,Skye Biologics, Inc.

03-04-2019 12:04 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc

U.S. Wound Care Biologics Market Size, By Product, 2018 & 2025 (USD Million)

U.S. Wound Care Biologics Market Size, By Product, 2018 & 2025 (USD Million)

Rising incidences of burn injuries specifically in developing and underdeveloped countries will positively impact the wound care biologics industry growth during the forecast period. Countries such as Africa and Brazil have high number of burn cases. For instance, according to WHO, around 180,000 deaths are caused due to burns in low- and middle-income countries annually. Burns not only have high economic impact but also has disastrous effects on the victim’s skin. Burns are classified depending upon the severity of injury, several treatment options are available. Wound care biologics is one of the widely preferred treatments in case of burns as it enables fast recovery with minimum or no complications. Therefore, availability of superior quality synthetic substitutes and it’s growing demand in treatment of burns has proven beneficial for the industry growth.

Innovations in the wound care biologics will foster the industry growth in upcoming years. Key industry players operational in the wound care biologics industry spends rigorously on R&D to develop quality wound care biologics products. For instance, xenografts offered by the companies can introduce collagen in the wounds that enables dermal regeneration. The exogenous collagen provides three-dimensional structure for the tissue growth and these xenografts are absorbed after the wound has completely healed. Also, skin substitutes recently developed are extensively utilized for treating post-surgical wounds. Therefore, availability of superior quality wound care biologics will boost the industry growth in foreseeable future. However, high cost of the wound care biologic products may restrain the industry growth to some extent.

Request for a sample of this research report @ www.gminsights.com/request-sample/detail/2925

Skin substitutes segment was valued at USD 940.6 million in 2018. Bioengineered skin and substitutes demand in surgeries has been growing in recent years. Also, recent advancements in skin tissue engineering have elevated its adoption amongst the doctors performing surgical procedures escalating the segmental growth. Bioengineered skin and substitute are one of the useful tools in reconstructive surgery practices prominently used as an alternative to skin grafts. For instance, allogenic acellular dermal matrix has high preference in the breast reconstruction procedures. Also, acellular dermal matrix products are utilized in diabetic-lower extremity ulcers. High usage of such superior bioengineered skin and soft in aesthetic procedures will drive the segmental growth during the forecast period.

Topical agents’ segment will experience 8.9% CAGR during the forecast timeframe. Increasing demand for skin reconstruction and other aesthetic surgeries will drive the demand for topical agents. Phases of tissue repair are generally controlled by active topical agents. Also, topical agents have a vital role in tissue bio-engineering and are extensively preferred during the trauma cases that positively impacts the segmental growth.

Diabetic foot ulcers segment accounted for 16.8% in 2018 and is expected to show similar growth trends over the upcoming years. Diabetic wounds are caused due to high sugar levels that usually lead to hormonal imbalance and give rise to diseases such as chronic foot ulcers. As reported by OxyGeneration, of the total people suffering from diabetes at least 15%-20% will suffer from foot ulcers. Generally, clinicians prefer wound care biologics that provides moist environment for wound healing. Therefore, high usage of wound care biologics in treatment of diabetic wounds will augment the segmental growth.

Browse Full Report Details@ www.gminsights.com/toc/detail/wound-care-biologics-market

Pressure ulcer segment will experience 10.2% CAGR during the forecast timeframe. Increasing prevalence of pressure wounds such as bed sores will positively impact the demand for wound care biologics. Patients struggling with chronic diseases such as diabetes often have slower healing rates and are prone to bed sores. Also, patients with bone disorders are bed ridden and often suffer from bed sores. Moreover, pressure ulcers include serious complications such as cellulites bacteremia sepsis and septic arthritis that further stimulates the demand for wound care biologics escalating the segmental growth.

Hospitals segment was valued at USD 665.5 million in 2018 and is expected to have substantial revenue size during the forecast timeframe. Significant revenue size can be attributed to the increasing use of wound care biologics in treating patients suffering from diabetic foot ulcers, pressure ulcers and skin burns. Moreover, high usage of allografts and other skin substitutes in the treatment of post-surgical wounds will flourish the segmental growth in forthcoming years.

Ambulatory surgical centers segment accounted for 31.5% revenue share in 2018. Ambulatory surgical centres can offer lower-priced procedures as they have a lower cost structure compared to traditional hospital setting. Though the cost structures are low, the operational efficiencies are uncompromised that increases their preference. Moreover, ASCs are generally located in the suburbs and rural areas that provides patients with better access that should positively impact the segmental growth.

U.S. wound care biologics market will experience 8.8% CAGR and is expected to grow substantially during the forecast timeframe. High growth can be attributed to the increasing perveance of diabetic foot ulcers. According to Azura Vascular Care, around 10% of people suffering from diabetes acquire chronic foot ulcers. Wound healing process is slow in patients with diabetes as the oxygen doesn’t reach most of the cells in the body that increases the chances of susceptibility for microbial and fungal skin infections. Moreover, growing preference for skin substitutes in aesthetic surgeries will augment the U.S. wound care biologics market growth during forecast timeframe.


Make an inquiry for purchasing this report @ www.gminsights.com/inquiry-before-buying/2925

India wound care biologics market was valued at USD 55.3 million in 2018. Growing number of burn cases will favor the India wound care biologics market growth. Third-degree burns are generally treated with skin grafts and bio-engineered skin tissues that enables quicker recovery. Moreover, growing geriatric population will positively impact the industry growth over forthcoming years.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: solutionrocket.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wound Care Biologics Market Share Growth Size Trends Report With Derma Sciences, Integra LifeSciences, Kerecis, MiMedx, Mölnlycke Health Care DACH, Osiris Therapeutics,Smith & Nephew, Solsys Medical,Skye Biologics, Inc. here

News-ID: 1628025 • Views: 447

More Releases from Global Market Insights, Inc

Stationary Air Compressor Market Trend 2024 by Top Manufacturers Atlas Copco, Ga …
Global automotive industry growth will also positively impact the stationary air compressor market development till 2024. Increasing vehicle production in the Asia Pacific region will boost stationary air compressor?s demand as they an integral part of every car air conditioner. The product is also used to power air brakes of heavy duty automobiles as well as commercial vehicles. Asia Pacific accounted for more than 50% of the worldwide production of
Boom Trucks (Bucket Trucks) Market 2018-24 By Global Manufacturers Terex Corpora …
Boom Trucks Market is projected to exceed USD 1 billion by 2024. The construction sector is witnessing growth owing to the rapid urbanization in several regions in Asia Pacific, Europe, and the Middle East & Africa, thereby propelling the demand for these trucks. The industry is expected to witness growth with the growing demand from the energy, power, and the telecom sectors. Several government organizations are refurbishing the existing infrastructure
Global Flooring Market Trend Forecast 2019 | Top Players - Gerflor, Tarkett, Int …
North America flooring market is expected to witness growth over 5% up to 2024. Growth in construction industry along with increasing investment on restoration of deficient structures will drive the regional demand. China leads the global infrastructure development with over USD 2 Trillion by 2024. Rising construction spending on residential as well as non-residential buildings particularly in emerging nations will propel the industry growth. Request for a sample copy of
Steel Rebar Market Trend 2019 | Top Manufacturers Gerdau, ArcelorMittal, Essar, …
Global Steel Rebar Market share is competitive in nature. Key industry participants are Acerinox, ArcelorMittal, Gerdau, SAIL, Nippon & Sumitomo Metal Corporation, Tata, Hyundai, Essar, Jindal. Other prominent players are Daido, Kobe, NJR and Byer. Manufacturers are anticipated to upgrade existing production capacity and adopt new solution through extensive R&D to attain competitive advantage. Deformed steel rebar dominated the overall industry and expected to witness growth over 4.5% up to 2024.

All 2443 Releases


More Releases for USD Wound Care

Advanced Wound Care Market worth +13.06 Billion USD by 2022
Global advanced wound care market is expected to reach USD +13.06 Billion by 2022 from USD +10.42 Billion in 2017, at a CAGR of +4.5%. Factors driving the growth of this market include the increasing prevalence of surgical wounds & ulcers (diabetic foot ulcers, pressure ulcers, and venous leg ulcers), increasing aging population, increasing demand for evidence- based advanced wound care products, rising R&D activities, advancements in the field of
Animal Wound Care Market worth 1,134.0 Million USD by 2021
The report "Animal Wound Care Market by Product [Surgical (Suture, Sealant, Glue) Advanced (Film, Foam, Hydrogel, Hydrocolloid dressing) Traditional (Dressing, Bandage, Absorbent, Tape) & NPWT Device] Animal (Companion, Livestock) & End User - Global Forecast to 2021", analyses and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and Rest of the World. The animal wound care market witnessed healthy growth during the last decade and is
Animal Wound Care Market worth 1,134.0 Million USD by 2021
The report "Animal Wound Care Market by Product [Surgical (Suture, Sealant, Glue) Advanced (Film, Foam, Hydrogel, Hydrocolloid dressing) Traditional (Dressing, Bandage, Absorbent, Tape) & NPWT Device] Animal (Companion, Livestock) & End User - Global Forecast to 2021", analyses and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and Rest of the World. The animal wound care market witnessed healthy growth during the last decade and is
Advanced Wound Care Market worth 14.9 Billion USD by 2020
The report "Advanced Wound Care Market by Type (Dressings, Therapy Devices, Active Wound Care), Application (Surgical Wounds, Ulcers), End User (In-Patient Facility, Out-Patient Facility), and Geography - Global Forecast to 2020", defines and segments the concerned market with analysis and forecast of revenue. This market is expected to reach USD 14.9 billion by 2020 and is estimated to grow at a CAGR of 7.0% from 2015 to 2020. Advanced wound care