Antimicrobial Regenerative Wound Matrix Market Size & Share, by Wound (Acute, Chronic); Material (Natural Polymer, Synthetic Polymer); Application (Hospital, Healthcare Institution, Hospitality, Retail, Corporate, Transportation Sector) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5881
  • Published Date: Mar 18, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024- 2036

Antimicrobial Regenerative Wound Matrix Market size is expected to reach USD 40 Billion by the end of 2036, growing at a CAGR of 4% during the forecast period i.e., 2024-2036. In the year 2023, the industry size of the antimicrobial regenerative wound matrix was USD 7 Billion. Primarily the growth of this market is anticipated to be driven by the increasing prevalence of acute and chronic wounds such as burns or diabetic ulcers among eldering people or people with diabetes are raising the burden on patients and the healthcare system. As per data, globally 6.5% of people are predicted to suffer from diabetic foot ulcers.  

The concept of moist wound healing, used in antimicrobial regenerative wound matrix, has become widespread and is associated with faster recovery rates, reduced pain, better infection control, less scar formation as well as lower healthcare costs. Its use as skin skin-based ingredient offers substitute treatment identifies high efficacy, and in some cases, it is cost friendly compared to traditional therapies.


Antimicrobial Regenerative Wound Matrix  Oveeview
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Antimicrobial Regenerative Wound Matrix Market: Growth Driver and Challenges

Growth Driver

  • Growing Prevalence of Sedentary Lifestyle - A growing sedentary lifestyle, and chronic diseases can lead to the presence of ulcers and chronic wounds in an individual as a result driving the growth of the antimicrobial regenerative wound matrix market. It was anticipated a single diabetic ulcer hold an expected cost worth USD 50000 and the total chronic wound in the medical system cost USD 25 billion annually, with an estimated number of 6.5 million people affected by the disease giving rise to the prevalence of diabetes or other chronic diseases that might affect wound healing.
  • Presence of Key Players - Strategies such as mergers and acquisitions, partnerships and the introduction of new products are being used by key players in the antimicrobial regenerative wound matrix market to strengthen their position in the high-end wound care market. To expand the market share of antimicrobial regenerative wound matrix, mergers, and acquisitions have been largely adopted with great success for key stakeholders. This is, therefore, predicted to boost the expansion of the market in the studied period.
  • Growing Number of Road Accidents - It has the potential to enable cell formation by cells, allowing its effective adoption with the surrounding tissue to be repaired and also to exert antimicrobial activity. In the treatment of road accidents and traumatic injuries, antimicrobial healing matrix dressing is also commonly applied to wound care. According to the World Health Organization, approximately 1.19 million people die each year as a result of road traffic crashes. Low and middle-income countries account for 92% of the world's road fatalities, even though they account for around 60% of the world's vehicles.

Challenges

  • Lack of Proper Reimbursement Policies - The unavailability of proper reimbursement policy products is considered one of the most crucial factors hampering the market expansion, especially in emerging nations.
  • The High Cost of antimicrobial regenerative wound matrix is expected to hinder the market growth in the projected period
  • Lack of skilled labor is set to pose limitations on the antimicrobial regenerative wound matrix market growth in the upcoming period

Antimicrobial Regenerative Wound Matrix Market: Key Insights

Base Year

2023

Forecast Year

2024 - 2036

CAGR

~4%

Base Year Market Size (2023)

~USD 7 Billion

Forecast Year Market Size (2036)

~USD 40 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Antimicrobial Regenerative Wound Matrix Segmentation

Wound (Acute, Chronic)

Based on wound, chronic segment in antimicrobial regenerative wound matrix market is set to hold the largest revenue share of 60% during the forecast period 2024-2036. The underlying pathological conditions that contribute to the deterioration of wound healing are often associated with chronic wounds. The wounds can be identified with help of symptoms such as loss of skin or tissue around the wound or by the duration it requires for healing plus they are complex to head as well. The demand for antimicrobial regenerative wound matrix is due to the fact that if a wound becomes permanently infected, it will require extensive healthcare therapy and care products in order to heal. There are 10.5 million US Medicare beneficiaries with chronic wounds. The quality of life of nearly 2.5 million people in the United States is affected by chronic wounds. 

Application (Hospital, Healthcare Institution, Hospitality, Retail, Corporate, Transportation Sector)

Based on application, the hospital segment in antimicrobial regenerative wound matrix market is predicted to hold the highest CAGR of 30% by 2036. A high rate of usage of antimicrobial regenerative wound matrix can be encountered in hospitals globally. The need for an antimicrobial regenerative wound matrix arises from the proliferation of chronic diseases, e.g. diabetes, cancer, other autoimmune diseases, sedentary lifestyle, and alcohol & smoking. Considering the high number of diabetic patients, leading to growing cases of chronic wounds, the growing number of an aging population and these playing critical roles in the wound care segment in hospitals are reasons driving the segment growth in the prediction period.

Our in-depth analysis of the global market includes the following segments:

             Wound

  • Acute
  • Chronic

            Material

  • Natural Polymer
  • Synthetic Polymer

           Application

  • Hospital
  • Healthcare Institution
  •  Hospitality
  • Retail
  • Corporate
  •  Transportation Sector

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Antimicrobial Regenerative Wound Matrix Industry - Regional Synopsis

North American Market Forecasts

The antimicrobial regenerative wound matrix market in the North America region is set to hold the largest CAGR of 35% during the studied period. The growth of this market can be ascribed to the back of growing advancement in healthcare services and medical infrastructure in the region. Additionally, increasing awareness among citizens regarding the importance of wound care and its management is also driving the expansion of this market. As per statistics, the North American region accounts for the prevalence of diabetic foot ulcers 13% global population. Further, market demand for anti-microbial regeneration wound matrix is driven by the growing hospitality sector in North America, as well as increasing numbers of patients with diseases. Prevalence of supportive reimbursement policies in North America are promoting the high integration of chronic wound care products as a result driving the market expansion in the region.

APAC Market Statistics

The antimicrobial regenerative wound matrix market in the Asia Pacific region is set to grow significantly during the time period between 2024-2036. Factors behind the growth of this market include the easy and affordable availability of healthcare services and products in the region. Furthermore, growing awareness about wound management and increasing disposable income of people in the region have increased healthcare spending in the region. In addition to this, increasing growth of the healthcare sector in regions such as China, Japan, and India is also expected to drive growth in the antimicrobial regenerative wound matrix market during the anticipated period.

Research Nester
Antimicrobial Regenerative Wound Matrix  Region
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Companies Dominating the Antimicrobial Regenerative Wound Matrix Landscape

top-features-companies
    • 3M Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Turn Therapeutics
    • Dsm Biomedical
    • H&R healthcare Ltd
    • Harbor Medtech Inc
    • Smith and Nephew plc
    • Aroa Biosurgery Ltd
    • Renovoderm Integra
    • Organogenesis Inc.
    • Integra Lifesciences Holdings Corporation

In-the-news

In The News

  • A leading regenerative medicine company Organogenesis Inc. in order to note the wound care, surgical and sports medicine-related landscape the company intending on the development, manufacture and commercialize of products, announced the availability of a new, easy-to-use, 1.6 cm disc size of its PuraPly antimicrobial wound management product.
  • Integra Lifesciences Holdings Corporation, announces that it is preparing to bring OmnigraftTM Dermal Rejuvenating Matrix onto the market pending receipt of definitive approval by the US Food and Drug Administration. 

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5881
  • Published Date: Mar 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing prevalence of chronic wound & diabetic ulcer and support from market players are some of the major factors anticipated to drive the growth of the antimicrobial regenerative wound matrix market.

The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2024-2036.

The major players in the market are of Harbor Medtech Inc, Smith and Nephew plc, Aroa Biosurgery Ltd, Renovoderm Integra, Organogenesis Inc., Integra Lifesciences Holdings Corporation, and others.

The hospital segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Antimicrobial Regenerative Wound Matrix Market Report Scope
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