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According to the wound biologics market analysis, Technavio’s research analyst predicts this market will grow steadily at a CAGR of around 21% during the forecast period. The growth of this market is driven by the rising demand for various biologics in the advanced wound care segment. Products such as allografts and autografts have high efficacy rates, and these are used for healing chronic wounds such as diabetic foot ulcers and venous ulcers. The availability of a broad range of approved skin substitutes such as grafts, tissue scaffolds, and cell-based therapies are expected to increase its demand from physicians and patients during the forecast period.
The field of wound biologics is changing rapidly with the introduction of advanced products from vendors. However, difficulties in obtaining reimbursements can pose a challenge for the market growth since approximately 80% of these wounds are treated in hospital outpatient settings. Also, insurers do not provide reimbursement for products that are under investigation. In spite of these challenges, the report predicts a robust growth rate for this market until 2020.
Global Wound Biologics Market 2016-2020
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: Explore Technavio
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