Wound Care Biologics Market Development Trends, Key Manufacturers Like Smith & Nephew, Organogenesis,Integra Lifesciences Holdings, Skye Biologics, Alphatec Holdings

Wound care biologics are bioengineered products used for non-healing wounds of the lower extremity. Demand for wound care biologic products is expected to increase significantly as early intervention of diabetic ulcer can prevent severe complications such as infection, hospitalization, and amputation. Wound care biologics market is expected to gain significant traction, as the commercially available skin substitutes have clinical and experimental evidence of efficacy in wound healing.

The global wound care biologics market was valued at US$ 1.2 billion in 2016 and is expected to exhibit a robust CAGR of 6.9% over the forecast period (2017–2025).

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.

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Various secondary sources such as the International Diabetes Federation (IDF), National Institutes of Health (NIH), Wound Healing Society, European Wound Management Association (EWMA), American Professional Wound Care Association (APWCA), World Health Organization (WHO), American Burn Association, Asian Wound Care Association, Centers for Disease Control and Prevention (CDC), and PubMed have been used to identify and collect information useful for this extensive commercial study of the market. Primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the prospects of the market.

The Global Wound Care Biologics Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include increasing popularity of active wound care products, increasing research in the field of advanced wound care and potential application of stem cell therapy in wound care.

Based on wound type, market is categorized into acute wounds and chronic wounds. Acute wounds is sub divided into burns and surgical & traumatic wounds. Chronic Wounds is further segmented into venous leg ulcers, diabetic foot ulcers (dfus), pressure ulcers and other chronic wounds.

By wound product, market is divided into advanced wound management products, traditional wound care products and surgical wound care products. Advanced Wound Management Products segment is fragmented into wound therapy devices, active wound care products and advanced wound dressings. Traditional Wound Care Products segment is subdivided into dressings, cleansing agents and medical tapes. Surgical Wound Care Products is divided into anti-infective dressings, sutures & staples and tissue adhesives, sealants, and glues.

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