According to the report, the Wound Care Biologics market is predicted to achieve USD 2,736 million by 2026. This report examines the status quo and projections of the global Wound Care Biologics market and analyzes the Wound Care Biologics market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Wound care biologics are bioengineered products used for non-healing wounds of the lower extremity. Wound care biologics can be divided into biologic skin substitutes, enzyme-based formulations, growth factors.
The Wound Care Biologics market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Smith & Nephew, Organogenesis, MiMedx, Integra, Osiris, Derma Sciences, Inc, Soluble Systems, Amnio Technology, LLC, Medline, Skye Orthobiologics, Alphatec Spine, Inc., Pinnacle Transplant Technologies, etc.
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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It is estimated that the total market value of the Wound Care Biologics global market is poised to reach USD 2,736 million in 2026 from USD 1,427 million in 2019, with a CAGR of 9.75%.
Facilitating and Limiting Factors:
The Wound Care Biologics market is expected to register substantial growth in the coming years, owing to the growing incidence of diabetic foot ulcers couple with the increasing incidence of burn cases across the globe. In addition, an increasing geriatric population and the availability of superior quality wound care biologics are also positively influencing the market growth. Innovations in wound care biologics will boost industry growth in the coming years. Yet, the key factor which is expected to impede the growth of the market is the high cost of wound care biologic products.
The global Wound Care Biologics market is broadly divided based on type, application, and region:
By type – Biologic Skin Substitutes, Enzyme-Based Formulations, Growth Factors
The Biologic Skin Substitutes segment accounted for the largest market share in 2018 and is anticipated to have considerable growth during the forecast period. This can be attributed to the increasing incidence of diabetes and the growing demand for chronic wound care products globally.
By application – Acute Wounds, Chronic Wounds, Surgical Wounds
By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
In terms of region, the Wound Care Biologics global market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Thanks to the high presence of major participants, the availability of a variety of wound biologics products, and the high prevalence of diabetic foot ulcers in this region, North America is the largest market at a share of 32.65%.
Asia-Pacific and Europe accounted for a market share of 30.15% and 29.14% respectively in 2018. Asia-Pacific is anticipated to show noticeable growth in the coming years, owing to the presence of a large patient population, growing penetration of main market players, and extensive research and development activities for wound care biologic products in this region. India and China are the major markets in the Asia-Pacific region. More and more burn cases will benefit the growth of the Indian wound care biologics market. The market in China is expected to register a GAGR of around 10.26% over the estimated timeframe.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Wound Care Biologics Market
2 Market Trends and Competitive Landscape
3 Segmentation of Wound Care Biologics Market by Types
4 Segmentation of Wound Care Biologics Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Wound Care Biologics Market in Major Countries
7 North America Wound Care Biologics Landscape Analysis
8 Europe Wound Care Biologics Landscape Analysis
9 Asia Pacific Wound Care Biologics Landscape Analysis
10 Latin America, Middle East & Africa Wound Care Biologics Landscape Analysis
11 Major Players Profile
11.1 Smith & Nephew
11.1.1 Smith & Nephew Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.6 Derma Sciences, Inc
11.7 Soluble Systems
11.8 Amnio Technology, LLC
11.10 Skye Orthobiologics
11.11 Alphatec Spine, Inc.
11.12 Pinnacle Transplant Technologies
- Wound Care Biologics manufacturers
- Wound Care Biologics importers and exporters
- Wound Care Biologics traders, distributors, and suppliers
- Raw material suppliers of Wound Care Biologics
- Wound Care Biologics industry associations
- Product managers, Wound Care Biologics industry administrator, C-level executives of the industries
- Market Research and consulting firms
- Healthcare organizations
- Research & Clinical Laboratories
What Information does this report contain?
- The report covers the prediction and analysis of the global Wound Care Biologics market at the global and regional levels.
- The report includes drivers and constraints that affect market growth.
- Discussed details about market opportunities
- The assessments for the regional market layout characteristics in the world.
- The report includes detailed company profiles for prominent market participants.
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