According to IMARC Group’s latest report, titled “Wound Care Biologics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global wound care biologics market size reached US$ 1.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2027, exhibiting a growth rate (CAGR) of 8.8% during 2022-2027.

Wound care biologics represent drugs semi-synthesized or extracted from natural sources which are utilized for controlling and healing infections. They mostly include topical agents and biologic skin substitutes, such as human donor tissue-derived products, acellular animal-derived products, biosynthetic products, etc. Wound care biologics products exhibit antimicrobial, antioxidant, and anti-inflammatory attributes that help to restore the natural repair mechanism of wounds through active biological agents. Consequently, they find extensive applications in hospitals, burn centers, and wound clinics, across countries.

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Market Trends and Drivers:

The growing prevalence of chronic wounds caused by burns, skin cancers, infections, or underlying medical conditions, including diabetes, is primarily driving the wound care biologics market. Apart from this, the escalating demand for treatments that can accelerate wound healing and ensure a speedy recovery is acting as another significant growth-inducing factor. Furthermore, the launch of several favorable initiatives by government bodies across the globe aimed at creating awareness about the advantages of wound care biologics among patients is also positively influencing the global market. In addition to this, the development of cost-effective, next-generation, and high-quality biologics by leading market players and the rising focus on making them more accessible are further stimulating the market growth. Moreover, the increasing partnerships among research and healthcare centers to modernize wound care treatments and introduce innovative drugs for healing wounds and the emerging trend of combining traditional wound dressings, which include hydrogels or foams with antimicrobial compounds such as chitin, betaine, silver, or polyhexamethylene biguanide are anticipated to propel the wound care biologics market over the forecasted period.

Wound Care Biologics Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the wound care biologics market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Smith & Nephew
  • Mölnlycke Health Care
  • Integra lifesciences
  • Osiris Therapeutics
  • Avita Medical
  • ConvaTec Group
  • Cytori Therapeutics
  • Mylan
  • Johnson & Johnson
  • Leap Therapeutics
  • Nuo Therapeutics
  • Mallinckrodt
  • Wright Medical
  • Mimedx Group
  • Solsys Medical

Key Market Segmentation:

The report has segmented the global wound care biologics market based on product, wound type, application, end-user and region.

Breakup by Product:

  • Biologic Skin Substitutes
    • Human Donor Tissue-Derived Products
    • Acellular Animal-Derived Products
    • Biosynthetic Products
  • Topical Agents

Breakup by Wound Type:

  • Ulcers
    • Diabetic Foot Ulcers
    • Venous Ulcers
    • Pressure Ulcers
    • Others
  • Surgical and Traumatic Wounds
  • Burns

Breakup by Application:

  • Acute Wound
  • Chronic Wound
  • Surgical Wound

Breakup by End-User:

  • Hospitals
  • ASCs
  • Burn Centres and Wound Clinics

Breakup by Region:

  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America

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Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

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