Report: Wound care market will grow

The worldwide burn treatment market experienced growth of 7.6% from 2001 to 2006, reaching $1.9 billion. "Wound Care Markets, Volume II: Burns," a new report by Kalorama Information (New York), projects that the market will experience ups and downs due to price constraints, new technologies, and additional market penetration, but will grow more than $700 million by 2011.

Conventional, mature products continue to generate the majority of sales. However, their growth rate is slow and limited by the maturity of the product and the competition. Advancements in biotechnology, biomaterials, and tissue engineering are expected to drive growth during the forecast period. According to the report, the market should exhibit an overall steady growth rate due to the increasing availability of new therapeutic techniques that result in decreasing healing times and subsequent cost savings.

Kalorama supplies market research on medical markets including biotechnology, pharmaceuticals, medical devices, diagnostic, and healthcare.