Woundcare market grows at 7% clip
NEW YORK - The worldwide market for products to treat surgical and trauma wounds will surpass the $6 billion mark by 2009, according to a study released today from Kalorama Information. Wound closure products, such as sutures and staples, dominate the sector which is currently displaying approximately 7% annual growth. The new study, Wound Care Markets, Volume III: Surgical and Trauma Wounds, predicts that despite a general slowdown in growth in the next few years, several segments will outperform the sector as a whole. Biological dressings will continue to display double-digit annual growth despite limited use in these types of wounds. Meanwhile, sealants, adhesives, and glues have been catapulting forward at over 30% annually.