Wound Care Market Headed toward $6 Billion

WELLESLEY, Mass. — According to a new report from BCC Research, the U.S. advanced wound care market generated nearly $3.5 billion in 2008 and is expected to increase to $6 billion by 2013, a compound annual growth rate of 11.3 percent. The report said wound care dressings, sealants and antiadhesion products currently have the largest market share, generating $1.8 billion in 2008.

The wound healing devices segment, which includes electrostimulation products, hyperbaric oxygen therapies and vacuum-assisted therapies, generated $1.6 billion in 2008. New technologies and an increasing older population are driving the market, the report said.