DUBLIN--(BUSINESS WIRE)--The "Wound Biologics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global wound biologics market to grow with a CAGR of 19.9% over the forecast period of 2028-2024. The study on wound biologics market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2026 to 2024.
The wound healing is a complex process that involves the activation and synchronization of intracellular, and extracellular elements. Wound is healed with tissue regeneration and scar formation. Wound biologic healing helps in re-establishment of the natural repair mechanisms, which includes the application of active biological agents, such as plant-derived active biomolecules which reveal antioxidant, antimicrobial, or anti-inflammatory attributes.
Frequent occurrence of skin diseases, chronic wounds, rising incidences of burns and harmful accidences are the factors driving the growth of wound biologics market worldwide. In addition, rising demand of advanced biologics in the wound care treatment owing the high efficiency rate is projected to boost the growth of wound biologics market over the forecast period. In 2017, according to Global Diabetes Community, 422 million adults are living with diabetes worldwide, which is expected to increase to 642 million by 2040.
Among the geographies, North America is expected to be the largest market for wound biologics followed by Europe. growing occurrence of chronic diseases and rising demand for recombinant factors are likely to propel the growth in this region. While, Asia-Pacific is expected to grow fast during the forecast period owing to high prevalence of diabetic patients in Asian countries.
- Avita Medical
- Cytori Therapeutic
- Nuo Therapeutics
- Molyncke Health Care
- Osiris Therapeutics
- Smith and Nephew
Key Topics Covered:
2. Executive Summary
3. Global Wound Biologics Market Overview
4. Global Wound Biologics Market by Product
5. Global Wound Biologics Market by Region 2018-2024
6. Company Covered
For more information about this report visit https://www.researchandmarkets.com/research/m3p2v4/global_wound?w=4