According to Allied Market Research, the global advanced wound care market is expected to reach $14.19 billion by 2030, growing at a CAGR of 4.6% from 2021 to 2030. Rise in geriatric population, technological advancements to deal with complex wounds, and surge in incidences of obesity, diabetes, and chronic conditions have boosted the market growth.
Wound care has improved drastically with the advent of new technologies and cutting-edge products. Some technologies are so advanced and new that they sound like they are straight out of fiction movies or comic books. From 3D printing, human skin to using cobwebs for wound healing, the advanced wound care industry has offered new ways to deal with complex wounds.
Impact of COVID-19 Pandemic on the Advanced Wound Care Market:
- The Covid-19 pandemic negatively affected the market due to countrywide lockdown and canceled or postponed elective surgeries. Moreover, the prolonged lockdown disrupted the supply chain and increased the prices of medical equipment and raw materials.
- However, the increase in skin injuries in medical care providers is expected to boost the demand for advanced wound care.
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Increase in prevalence of chronic wounds significantly over past few years, rise in global geriatric population, and surge in prevalence of diabetes and obesity which can complex the wound infections are the factors that promote the advanced wound care market growth significantly during forecast period.
Cobwebs for would healing:
The medicinal properties of spider silk are known for years. It is useful in stopping bleeding and has the potential to heal would on the forefront. Thus, synthetic spider silk is developed for treating wounds and delivering drugs including antibiotics. Moreover, it can be used in regenerative medicine. As spider silk is protein-based, biocompatible, strong, and biodegradable, it does not cause an immune or inflammatory reactions. Moreover, spider silk can be used in dressing and as controlled delivery of medicine.
Spray-on stem cells:
Researchers have developed a new method to spray on stem cells to treat burn wounds and other skin disorders. However, the method still needs FDA approval, but it opens new opportunities to treat burn wounds and minimize the pain of patients. In addition, in this treatment, scarring is minimal compared to conventional grafting techniques.
These new treatments and methods may seem too perfect to be true but they have offered exciting opportunities in treating complex wounds. Moreover, it offers new hope for patients and their families.