Wound Care Biologics Market by Wound Type (Diabetic Foot Ulcer, Pressure Ulcers, Surgical & Traumatic Wound, Burns), Product (Biological Skin Substitutes, Topical Agents), End User, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

  • Publish Date: Jun, 2020
  • Report ID: 418409
  • Category: Healthcare
  • Pages: 225
$4700

The global wound care biologics market is expected to grow from USD 1.56 billion in 2019 to USD 3.34 billion by 2027, at a CAGR of 10.01% during the forecast period 2020-2027.

Wound care biologics are used to improve the process of healing of wounds through natural repair mechanisms. It involves the utilisation of active biological agents which provide antimicrobial and antioxidant properties. It helps to restore the tissue integrity and prevents loss of extracellular matrix proteins and contamination. It enables the wound to remain moist to avoid any wound closure barriers. They are getting popular for the treatment of burns and chronic wounds. 

The increasing prevalence of chronic wounds with the rise in the number of cancer patients and diabetic patients, along with the rising incidences of accidents and burn cases will act as significant drivers for the growth of this market. With diabetes becoming common, more people face the problem of ulcers that require wound care biologics for efficient treatment. Also, the burn injuries which can easily catch a bacterial infection and need time for healing can be effectively treated with wound care biologics. The restraints for the growth of the market could be high cost and health risks related to the use of skin substitutes. 

On the basis of wound type, the market can be segmented into diabetic foot ulcer, pressure ulcers, surgical & traumatic wound, and burns. Diabetic foot ulcers dominate the market share and is expected to grow at a rapid pace. High sugar levels cause diabetic wounds like foot ulcers which are effectively cured by wound care biologics. The pressure ulcer segment will also show a high growth rate owing to the rising prevalence of bedridden disorders, causing bedsores. Based on the type of products, the market can be divided into biological skin substitutes and topical agents. The biological skin substitutes are expected to dominate the market share in the segment. Biological skin substitutes ensure rapid healing of wounds and are mostly used for the treatment of burns. With the increase in the number of burn cases and other chronic diseases, the market share of biological skin substitutes will increase. Based on end-user, the market is divided into hospitals and clinics, ambulatory surgical centres (ASCs), and burn centres. Hospitals dominate the market share due to the high prevalence of chronic diseases and surgical wounds. 

The market for wound care biologics market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America is expected to hold the largest market share with a large number of cases of diabetic foot ulcer. Also, due to massive investments in the research and development of innovative technologies and the presence of leading players in the region, the market share will grow significantly. Asia-Pacific region is expected to show the highest growth rate with increasing investments in the healthcare infrastructure and innovation and rise in the number of patients.

Some of the leading players in the market are Health Care AB, Integra Life Sciences, MiMedx Group, Mölnlycke Health Care AB, Osiris Therapeutics, Derma Sciences, LifeSciences Corp., Smith & Nephew, Amnio Technology, Skye Biologics, Solsys Medica, and Wright Medical. The market is highly competitive, and the significant players adopt strategies like collaborations and, mergers and acquisitions. The companies are trying to focus on innovation with new product features, improved design, and better efficiency.

Global Wound Care Biologics Market Analysis And Forecast, By Wound Type

  • Diabetic Foot Ulcer
  • Pressure Ulcers
  • Surgical & Traumatic Wound
  • Burns

Global Wound Care Biologics Market Analysis And Forecast, By Product

  • Biological Skin Substitutes
  • Topical Agents

Global Wound Care Biologics Market Analysis And Forecast, By End User

  • Hospitals and Clinics
  • Ambulatory Surgical Centres (ASCs)
  • Burn Centres

Global Wound Care Biologics Market Analysis And Forecast, By Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherland
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest Of APAC
  • South America
    • Brazil
    • Argentina
    • Peru
    • Colombia
    • Rest Of South America
  • Middle East And Africa
    • UAE
    •  Saudi Arabia
    •  Egypt
    •  Nigeria
    • South Africa
    • Rest Of MEA

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Wound Type
          4.3.2. Market Attractiveness Analysis By Product
          4.3.3. Market Attractiveness Analysis By End User
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restraints
    5.4. Opportunities
    5.5. Challenges
6. Global Wound Care Biologics Market Analysis and Forecast, By Wound Type
    6.1. Segment Overview
    6.2. Diabetic Foot Ulcer
    6.3. Pressure Ulcers
    6.4. Surgical & Traumatic Wound
    6.5. Burns
7. Global Wound Care Biologics Market Analysis and Forecast, By Product
    7.1. Segment Overview
    7.2. Biological Skin Substitutes
    7.3. Topical Agents
8. Global Wound Care Biologics Market Analysis and Forecast, By End User
    8.1. Segment Overview
    8.2. Hospitals and Clinics
    8.3. Ambulatory Surgical Centres (ASCs)
    8.4. Burn Centres
9. Global Wound Care Biologics Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global Wound Care Biologics Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Wound Care Biologics Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. Health Care AB
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Integra Life Sciences
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. MiMedx Group
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Mölnlycke Health Care AB
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Osiris Therapeutics
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Derma Sciences
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. LifeSciences Corp.
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Smith & Nephew
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Amnio Technology
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Skye Biologics
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
    11.11. SolsysMedica
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
          11.11.6. SWOT Analysis
    11.12. Wright Medical
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis

List of Table

1. Global Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

2. Global Diabetic Foot Ulcer Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

3. Global Pressure Ulcers Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

4. Global Surgical & Traumatic Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

5. Global Burns Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

6. Global Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

7. Global Biological Skin Substitutes, Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

8. Global Topical Agents, Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

9. Global Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

10. Global Hospitals and Clinics, Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

11. Global Ambulatory Surgical Centres (ASCs), Wound Care Biologics Market, By Region, 2017–2027 (USD Billion)

12. Global Burn Centres, Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

13. Global Wound Care Biologics Market, By Region, 2017–2027(USD Billion)

14. Global Wound Care Biologics Market, By North America, 2017–2027(USD Billion)

15. North America Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

16. North America Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

17. North America Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

18. U.S. Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

19. U.S. Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

20. U.S. Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

21. Canada Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

22. Canada Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

23. Canada Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

24. Mexico Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

25. Mexico Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

26. Mexico Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

27. Europe Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

28. Europe Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

29. Europe Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

30. Germany Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

31. Germany Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

32. Germany Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

33. France Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

34. France Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

35. France Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

36. U.K. Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

37. U.K. Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

38. U.K. Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

39. Italy Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

40. Italy Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

41. Italy Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

42. Spain Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

43. Spain Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

44. Spain Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

45. Asia Pacific Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

46. Asia Pacific Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

47. Asia Pacific Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

48. Japan Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

49. Japan Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

50. Japan Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

51. China Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

52. China Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

53. China Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

54. India Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

55. India Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

56. India Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

57. South America Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

58. South America Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

59. South America Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

60. Brazil Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

61. Brazil Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

62. Brazil Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

63. Middle East and Africa Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

64. Middle East and Africa Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

65. Middle East Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

66. UAE Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

67. UAE Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

68. UAE Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

69. South Africa Wound Care Biologics Market, By Wound Type, 2017–2027(USD Billion)

70. South Africa Wound Care Biologics Market, By Product, 2017–2027(USD Billion)

71. South Africa Wound Care Biologics Market, By End User, 2017–2027(USD Billion)

 

List of Figures 

1. Global Wound Care Biologics Market Segmentation

2. Wound Care Biologics Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Wound Care Biologics Market Attractiveness Analysis By Wound Type

9. Global Wound Care Biologics Market Attractiveness Analysis By Product

10. Global Wound Care Biologics Market Attractiveness Analysis By End User

11. Global Wound Care Biologics Market Attractiveness Analysis By Region

12. Global Wound Care Biologics Market: Dynamics

13. Global Wound Care Biologics Market Share By Wound Type (2020 & 2027)

14. Global Wound Care Biologics Market Share By Product (2020 & 2027)

15. Global Wound Care Biologics Market Share by End User (2020 & 2027)

16. Global Wound Care Biologics Market Share by Regions (2020 & 2027)

17. Global Wound Care Biologics Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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