February 26, 2003

Innovation and Active Ingredients Driving Wound Care Market, According to MedMarket Diligence

FOOTHILL RANCH, Calif., February 26 /PRNewswire/ -- Advanced wound management therapies, especially dressings containing active ingredients, are driving the market for wound management products, according to the February 2003 issue of “MedMarkets,” and a new report on “Worldwide Wound Management,” both publications of MedMarket Diligence, LLC.

“While the huge wound management market is growing at a modest 7% annually, there is far more robust growth in the segment for dressings containing active pharmaceuticals,” said Patrick J. Driscoll, publisher of MedMarkets. “This segment is seeing growth of roughly 17%.”  Other key advances in wound care therapies are in dressings utilizing film, antibiotic/antimicrobial agents, hydrocolloid, alginate, hydrogel, and nonadherent dressings. 

Key players in advanced wound care products that are discussed in the February 2003 issue of MedMarkets are: ConvaTec, Coloplast, Johnson & Johnson, Smith & Nephew, Beiersdorf, Hollister, Lohmann & Rauscher International, Tyco Healthcare, 3M, B. Braun, Euromedex, Urgo Laboratory, Hartmann, Advanced Medical Solutions, and Ferris. The report identifies and describes over 200 companies active in the worldwide wound management market, and provides a comprehensive look at the complete spectrum of wound products on the market and in development.

Also examined in the February issue of MedMarkets is the wide range of technological developments in heart valve replacements. The U.S. market for heart valves is seeing double-digit growth in tissue valves and valvuloplasty rings, with estimated 2002 global sales of $410 million and $60 million, respectively.

Companies active in the heart valve market include: 3F Therapeutics, Axya Medical, Carbomedics, Edwards Lifesciences, Intuitive Surgical, Medtronic, Percutaneous Valve Technologies, Sorin Biomedica, and St. Jude Medical.

MedMarkets, published by MedMarket Diligence, analyzes the market and clinical practice implications of developments in medical technology--medical devices, equipment and supplies as well as biomaterials, biotech, pharmaceutical, e-health and others. In addition, the company publishes dedicated market/technology reports, and is developing other information solutions.

The MedMarket Diligence report on the worldwide wound management market was published in early February 2003.

For more information on MedMarkets or strategic market studies recently published by MedMarket Diligence, LLC, contact Patrick Driscoll at (949) 859-3401, or e-mail. In addition, a sample issue of MedMarkets and additional information on other MedMarket Diligence products can be found at http://www.mediligence.com.

 Contact: Patrick J. Driscoll, (949) 859-3401.