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Article: Bio-advancements Expected to Drive Burn Care Market Growth Up $700 Million.
- Article from:
- PR Newswire
- Article date:
- November 26, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...