Bio-advancements Expected to Drive Burn Care Market Growth Up $7... ( NEW YORK Nov. 26 /- The worldwide...)

Bio-advancements Expected to Drive Burn Care Market Growth Up $700 Million

Date:11/26/2007

NEW YORK, Nov. 26 /PRNewswire/ -- 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, projects that the market will experience a few 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.

Revolutionary advances using tissue engineering, growth factors, animal- fetal-cell research, stem-cell research, and gene therapy may offer new hope to patients who experience any type of burn, and the numerous products currently in development appear to be the key to successful growth in this market.

"As the wound care markets mature, partnerships are becoming more prevalent as a means of staving off the status quo," notes Mary Anne Crandall, the report's author. "Competitors that offer traditional mature products must look for ways to incorporate advanced wound care products for treating burns into their existing products or to improve the existing products significantly to remain competitive with emerging technologies."

Wound Care Markets, Volume II: Burns focuses on total manufacturers' revenues from six product categories: anti-infectives, burn injury management, moist dressings, biological dressings, pressure relief, and miscellaneous treatments. The report analyzes products in development and on the market, leading competitors,
'/>"/>

0

GOOD

Page: 1 2
Related biology technology :

1. Coherent, Inc. Receives Expected Letter from NASDAQ
2. ProMed Alliance International Inc. Corporate Name and Trading Symbol Expected to Change Effective Tomorrow
3. Advancements in Population Age and Technology Drive Future of Orthopedic Materials Market
4. Millennium Reports Outstanding Third-Quarter Results Driven by VELCADE(R) (Bortezomib) for Injection Sales
5. Ciphergen Biosystems Receives Noncompliance Letter From The Nasdaq Stock Market
6. European EMEA Acceptance of Marketing Authorization Application Filing for SNT-MC17 in Friedreichs Ataxia by Santhera
7. InterCure and Omron Healthcare (UK) Ltd. Announce Marketing Collaboration for Hypertension Market in United Kingdom
8. Kendle to Ring Opening Bell at NASDAQ Stock Market on August 22
9. Operon Biotechnologies and DNA2.0 Announce Co-Marketing and Technology Development Partnership
10. AspenBio Pharma Shares to Trade on the NASDAQ Capital Markets Exchange Under Symbol APPY
11. DNA Sequencing Equipment Market to Fragment and Grow as Competition, New Technologies Develop

Post Your Comments:

Bio-advancements Expected to Drive Burn Care Market Growth Up $7...( NEW YORK Nov. 26 /- The worldwide...)