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Wound Care Biologics Market Expected to Achieve 8.9% CAGR by 2029: Growth Forecast Insights
Wound Care Biologics Market Size
How Large Will the Wound Care Biologics Market Size By 2025?
The market size of wound care biologics has experienced robust growth lately. It is projected to increase from $1.91 billion in 2024 to $2.06 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.2%. The growth achieved in the historical period can be linked to the clinical trials and researches, advanced regulatory frameworks, the progress of the wound care market, limited alternatives for treatments, and the rigorous research and development initiatives.
How Big Is the Wound Care Biologics Market Size Expected to Grow by 2029?
The biologics market for wound care is projected to witness robust expansion in the coming years, reaching " $2.9 billion in 2029 with a compound annual growth rate (CAGR) of 8.9%. This growth during the forecast period can be linked to the emphasis on personalized treatment, increased healthcare expenditure, the shift towards value-based healthcare systems, rising demand for progressive therapies, as well as regulatory backing and approvals. The anticipated period will also see key trends such as a focus on regenerative medicine, the use of bioengineered skin replacements, innovative means of delivery, increased management of chronic wounds, and a patient-centric approach to care.
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Which Key Market Drivers Powering Wound Care Biologics Market Expansion and Growth?
The increasing cases of diabetes is predicted to fuel the expansion of the wound care biologics market in the near future. Diabetes, a chronic metabolism disorder characterized by excessive blood sugar levels, progressively inflicts severe harm to the heart, blood vessels, eyes, kidneys, and nerves. Biological wound care prevents unstable water loss, heat loss, protein and electrolyte loss, and contamination. Moreover, they enable autolytic debridement and develop a granular wound layer. The escalating diabetes prevalence is a key factor contributing to the growth of the wound care biologics market. As per the UK's National Health Service (NHS) report in June 2024, the count of individuals under 40 with diabetes soared from 173,166 in 2022 to 216,440 in 2023, marking a noticeable growth and revealing a worrisome trend in this demographic. This data underscores a swift rise in diabetes occurrence among younger generations, thus, resulting in the escalating demand in the wound care biologics market.
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Which Emerging Trends Are Transforming the Wound Care Biologics Market in 2025?
Leading businesses in the wound care biologics market are honing their focus on the development of progressive materials, such as bioengineered synthetic polymer matrix produced by electrospinning, in an effort to boost the efficacy of wound healing and promote tissue regeneration. These matricies in wound care biologics accelerate the process of wound healing and ameliorate tissue regeneration by acting as a framework to promote cell migration and proliferation. For example, in October 2024, US-based orthobiologics and life science firm Royal Biologics unveiled two groundbreaking products at the symposium on advanced wound care: peak powder collagen matrix that aids healing in diverse wounds by forming a gel-like defensive layer supporting tissue regeneration, and Electrofiber 3D, a bioengineered matrix facilitating cell migration and decreasing healing duration. These innovative breakthroughs make a noteworthy contribution to the wound care biologics market, addressing the rising demand for efficient healing therapies.
What Are the Emerging Segments in the Wound Care Biologics Market?
The wound care biologics market covered in this report is segmented -
1) By Product: Biologic Skin Substitutes, Topical Agents
2) By Wound Type: Ulcers, Surgical, Traumatic Wounds, Burns
3) By End User: Hospitals, Ambulatory Surgery Center (ACS), Burn Centers, Wound Clinics
Subsegments:
1) By Biologic Skin Substitutes: Acellular Dermal Matrices, Cellular Skin Substitutes, Composite Skin Substitutes
2) By Topical Agents: Growth Factors, Antimicrobial Agents, Enzymatic Debridement Agents
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Who Are the Global Leaders in the Wound Care Biologics Market?
Major companies operating in the wound care biologics market include Integra Lifesciences Corporation, Organogenesis Inc., Smith and Nephew plc, Wright Medical Group NV, MiMedx Group Inc., Kerecis AG, Amnio Technology LLC, Anika Therapeutics Inc., ACell Inc., Derma Sciences Inc., Soluble Systems Pvt. Ltd., Medline Industries LP, Solsys Medical LLC, Zimmer Biomet Holdings Inc., MLM Biologics Inc., Tissue Genesis LLC, Stryker Corporation, Marine Polymer Technologies Inc., Bioventus Inc., Mölnlycke Health Care AB, Lynch Biologics LLC, Skye Biologics Holdings LLC, Osiris Therapeutics Inc., Vericel Corporation, TissueTech Inc., PolarityTE Inc., Avita Medical Limited, Celularity Inc., Human Regenerative Technologies LLC, PolyRemedy Inc.
Which are the Top Profitable Regional Markets for the Wound Care Biologics Industry?
North America was the largest region in the wound care biologics market in 2024.Asia-pacific is expected to be the fastest-growing region in the global wound care biologics market report during the forecast period. The regions covered in the wound care biologics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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