The Worldwide Market for Wound Care DevicesKalorama Premium In Vitro Diagnostic DatabaseJune 1, 2002 36 Pages - SKU: KLID729534 |
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Press Release
Worldwide Market for Wound Care Devices Nears $7 Billion
New York, June 6, 2002 /PR Newswire — New technologies are driving healthy growth in the wound care market, according to a new study released today from Kalorama Information and available on www.KaloramaInformation.com. The market for wound care devices, which stands at nearly $7 billion worldwide, will surpass $9 billion by 2006, according to the study.
The new study, The Worldwide Market for Wound Care Products, part of Kalorama’s highly quantitative and affordable DeviceLooks series, found that adhesives tissue sealants are leading the way with sustained explosive growth, and biological skins and dressings are also showing consistently high growth rates. However, the market share gains of these advanced treatments have been modest as traditional wound care products continue to dominate, according to the research.
“Part of the problem for advanced technologies has been the changing purchasing models,” notes Joseph Dooley, PhD, the analyst who conducted the research. “There has been a shift in marketing tactics from selling on the basis of features and benefits to offering the best packaged deal for the lowest price in the managed care arena.”
The new research was aimed at predicting dollar volume, market share, and geographic distribution for 14 major categories wound care products, including staples and staplers, sutures, adhesive tissue sealants, collagen-based sealants, gauze products, adhesive bandages, wound healing instruments, film dressings, foam dressings, hydrocolloid dressings, hydrogel dressings, alginate dressings, collagen dressings, and artificial skin.
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