Skip to Content

Skin ulcer wound-care market tops $2.5 billion

Skin ulcer wound-care market tops $2.5 billion

June 9, 2003 NEW YORK - The world-wide market for wound-care products aimed at the care of skin ulcers topped $2.5 billion worldwide in 2002, according to a new study released last week from Kalorama Information. The United States generates roughly 60% to 65% of that $2.5 million, and as much as 75% of the high tech wound care products (biological and moist dressings). When it comes to more mature products like pressure relief mattresses, anti-infective products and gauzes, the United States accounts for aboiut 50% of the total, said Steven Heffner, a Kalorama editor. Strong growth in newer technologies has been the main driver of increased revenues, even as other, more traditional markets have begun to slow, according to the new study, Wound Care Markets Volume I: Skin Ulcers " Biological dressings have finally started to significantly impact the skin ulcer market, offsetting the slower growth of the more mature segments," Heffner said. "These advanced wound care technologies, especially artificial skin products, are proving their cost-effectiveness and are rapidly gaining market acceptance. Our findings suggest that biological dressings to represent more than 10% of the total market as early as next year." Certain segments of the biological dressing market have shown annual growth in excess of 50%, according to the study. Although the next few years should see a slowing trend even in these high-tech areas, demographic, regulatory, and clinical trends will still benefit these newer market entrants through the next five years. The study analyzes the worldwide market for product used in skin ulcer care, including pressure relief devices; anti-infective products; compression dressings; cleansing and debridement products; moist dressings, such as alginates, hydrocolloids, hydrogels, films, and foams; biological products such as artificial skin, collagen, and growth factors; and other skin ulcer treatments. The report represents the first volume of an ongoing study of wound care market segments. Volumes II and III are due out from Kalorama Information later this year and will examine the market for burn care and traumatic/surgical wound care, respectively.

Comments

To comment on this post, please log in to your account or set up an account now.