Markets for Advanced Wound Care Technologies

October 24, 2011

 

Wellesley, Mass. – In a recent release, MARKETS FOR ADVANCED WOUND CARE TECHNOLOGIES (PHM011G) from BCC Research (www.bccresearch.com), the U.S. market for advanced wound care is estimated to reach $3.6 billion in 2011 and nearly $4.6 billion by 2016 at a compound annual growth rate (CAGR) of 4.9%.

The total market for advanced wound care technologies can be broken down into two segments – wound care dressings, sealants, and anti-adhesion products, and wound healing devices and equipment.

The segment made up of dressings, sealants and anti-adhesion products was worth nearly $2.2 billion in 2011 and in 2016 should be worth $3 billion, a CAGR of 7%.

The segment composed of healing devices and equipment, worth $1.4 billion in 2011, should be worth $1.5 billion in 2016, a CAGR of 1.2%.

Advanced wound care deals with those products that involve new techniques and therapies, are of benefit in healing wounds, and result in overall lower costs for care. They incorporate biotechnological advancements and improved methods for treating wounds.

Recent trends have shown that new technological products are competing in a fast-track market that seeks to improve the quality of life for millions of individuals needing both acute and chronic wound care.

Three general areas are discussed in this report: acute wounds, chronic wounds, and burn wounds.  These encompass five market segments: biological dressings, surgical sealants and glues, synthetic dressings, other wound healing products, and wound healing devices

SUMMARY FIGURE
TOTAL ADVANCED WOUND CARE MARKET BY SELECTED SEGMENT, 2009-2016
($ MILLIONS)
TOTAL ADVANCED WOUND CARE MARKET BY SELECTED  SEGMENT, 2009-2016
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Source: BCC Research

Markets for Advanced Wound Care Technologies( PHM011G )
Publish Date: Oct 2011    

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