Tissue Engineering

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

Published in Blood Weekly, December 13th, 2007

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...

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Source: Blood Weekly (2007-12-13)

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