WOUND CARE BIOLOGICS MARKET ANALYSIS
Wound Care Biologics Market – Experience the Power of Effective Healing
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).
Figure 1. Global Wound Care Biologics Market Value (US$ Mn), by Region, 2016
Source: Coherent Market Insights (2018)
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