Skin Ulcer Wound Care Market Tops $2.5 Billion

NEW YORK -- The 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 today from Kalorama Information. Skin ulcers affect approximately 18 million individuals.

According to the new study, Wound Care Markets Volume I: Skin Ulcers, strong growth in newer technologies has been the main driver of increased revenues, even as other, more traditional markets have begun to slow.

"Biological dressings have finally started to significantly impact the skin ulcer market, offsetting the slower growth of the more mature segments," notes Steven Heffner, acquisitions editor for Kalorama Information. "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 percent of the total market as early as next year."

According to the study, certain segments of the biological dressing market have shown annual growth in excess of 50 percent. 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.

Kalorama Information, an imprint of MarketResearch.com, supplies the latest in independent market research for the life sciences.

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Source: MarketResearch.com