The significance of bioactive wound bandages is expected to increase over the forecast period owing the proven effectiveness of its constructive effect on wound curing procedure . Though , the existence of alternative to bioactive wound care goods could pose a challenge to the growth of bio active wound care market over the forecast period . Utilization of Growth Factors and Synthetic Protein Matrix in Wound therapeutic is expected to drive growth over the forecast period .
The bioactive wound care market comprises of a wide spread manufactured goods line with various type of bandages such as Honey based bandages , Silver based bandages , Silicone based bandages , Collagen based bandages , and Alginate based bandages . Every product type is designed to treat various types of wound such as venous leg ulcers , diabetic foot ulcers , full thickness burns and traumatic wounds . The market for Silver bandages is expected to be the chief driver in the growth of bioactive wound care market over the forecast period . The requirement for honey bandages is expected to be comparatively low owing to the high utilization of enhanced bioactive wound bandages such as foam dressings and alginate dressings . On the basis of geographical regions , the market can be segregated into Asia-Pacific , North-America , Europe and RoW .
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North America is expected to have the major market share over the forecast period followed by European region . The augmented per capita expenditure on Healthcare and change towards aging inhabitants is expected to drive the market in North-America . The chief reasons which are expected to fuel the growth of North- America`s market growth is rising aged population in the USA . The Bioactive Wound Care market in the US is also expected to witness increased adoption of antimicrobial bandages . Asia Pacific region is expected to witness the major expansion owing to growing population coupled with increased requirement for advanced healthcare .
The key players operating in this market are 3M Healthcare , Covidien , Smith & Nephew plc , Acelity , Inc and Smith & Nephew plc . In past few year , Smith & Nephew has Moved into rapidly increasing Bioactive Wound Care section by Health Point Bio therapeutics acquirement . At Present , extensive research is being carried out for getting the idea about effectiveness of growth factors in cure of wounds . Growth Factors are taken out from animal tissue and human tissue . Though , there has been a set of arguments on employing growth factors . The subject of cost and safety has exaggerated the transformation of growth factors to medical trials . The chief problem linked with the utilization of growth factors is that good delivery systems are necessary for successful wound remedies . The focus of companies is on making recombinant growth factors . The benefit with recombinant growth factors is , risk linked with disease diffusion is decreased to a huge extent . TGF-beta 3 , VEGF and EGF are the three growth factors that are proven to be effectual in wound remedies . Companies in this market require conducting