December 27th, 2022 Releases
Biologic wound care products are designed to protect the exudate around the wound, and absorb it, which promotes healing. Biologic wound dressings are not sticky, so they won’t stick to your wound and cause further damage. These dressings can be used in conjunction with other products that promote wound healing, including surgery and other invasive procedures. In addition to their wound-healing abilities, biologic wound dressings are also useful for treating acute injuries such as burns.
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Bioactive bandages are another common use for biologics in wound care. They contain collagen, which provides biologic signals to the wound and serves as a scaffold for the wound to grow on. The right signals will be important for the wound to heal properly. The proper scaffold will encourage the growth of new tissue. By enabling the skin to grow, wounds can become more resistant to infection and other complications. These treatments are designed to work with the body’s unique healing mechanisms.
Key players operating in the market are focusing on receiving product approvals from regulatory authorities and this is expected to drive the market growth over the forecast period.
For instance, in June 2021, Mallinckrodt Plc. a leading global specialty pharmaceutical company, received the U.S. Food and Drug Administration approval for the ‘StrataGraft’ to treat adult patients with thermal burns which contain intact dermal elements.
Colombia Wound Care Biologics Market – Impact of Coronavirus (Covid-19) Pandemic
COVID-19 outbreak was first reported on December 31, 2019, in Wuhan, China. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 258,830,438 cases and 5,174,646 deaths due to Coronavirus (COVID-19) were reported up till November 25, 2021, across the globe.
The COVID-19 pandemic has negatively affected several markets across the globe and is also expected to hamper the demand and supply in Colombia wound care biologics market, owing to limited access to wound management clinics during the COVID-19 outbreak.
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During COVID-19 pandemic, patients have faced limited access to wound care clinics due to stringent lockdown guidelines. Various clinics and healthcare facilities had followed social distancing norms to avoid cross contamination.
Key players involved in the market are focusing on adoption of inorganic growth strategies such as mergers, collaborations, partnerships, and acquisitions, in order to strengthen their position in the Colombia market. For instance, in August 2018, Organogenesis Inc., a leading regenerative medicine company, and Avista Healthcare Public Acquisition Corp. (AHPAC), a special purpose acquisition company, entered into a definitive merger agreement, under which Organogenesis will become a completely owned subsidiary of AHPAC. Aim of this agreement is to provide integrated healing solutions.
Key Takeaways of the Colombia Wound Care Biologics Market:
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