New York, NY 08 Oct 2021: The global maggot debridement market size is expected to reach USD 19.7 million by 2027 according to a new study by Polaris Market Research. The report “Maggot debridement Market Share, Size, Trends, Industry Analysis Report, By Administration Type (Biobags, Loose Larva); By End Use (Hospital, Wound Care Centers, Clinics & Others); By Application; By Regions; Segment Forecast, 2020-2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Maggot debridement therapy is defined as the future technology of the wound debridement process. Researchers are constantly developing different techniques for safe, quick, and easy wound debridement therapies. Maggot therapy helps in the treatment of pressure ulcers, neuropathic foot ulcers, non-healing dead skin & soft tissue wounds, venous stasis ulcers, and post-surgical wounds.
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Recent developments in maggot debridement include the usage of sterile maggots in wound debridement therapy (MDT) in South Africa, the U.S., and Europe. The recent emergence of antimicrobial resistance has updated an interest in maggot debridement therapy utilizing the larvae of lucilia sericata and for this purpose, the Inqaba Biotec and the University of Pretoria have partnered together to expand the commercial production and for the usage of sterile maggots for wound healing in South Africa.
The significant factors favoring the global market growth include the increasing incidents of street mishaps, surgeries, burns, trauma, and road accidents globally that are responsible for the prolonged hospitalization due to the injuries & surgeries which drive the demand for these products. Every year around 2 million people are critically injured in accidents which have led to increased demand, propelling the market growth.
Companies such as Smith & Nephew, Monarch Labs, Coloplast, Mega Pharma (Pvt) Ltd., BioMonde, B. Braun Melsungen AG, Molnlycke Healthcare, ConvaTec, Lohmann & Rauscher, Arobella Medical, LLC Integra Lifesciences, Advancis Medical, DeRoyal Industries, RLS Global, EZ Debride & Sanara MedTech Inc. are some of the key players operating in the global market.
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In April 2019, The RLS Global AB has announced that ChloraSolv, a wound care product, used for treating diabetic foot ulcers, has obtained a CE approval on the basis of the confirmation from Lloyd’s Register, (The Notified Body) & henceforth it is approved in 32 European countries for distribution. ChloraSolv is a Sweden based novel technology that utilizes RLS Global proprietary buffered hypochlorite technology for the debridement and cleaning of the wounds to assists in the natural wound healing process.
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New York, NY 18 Feb 2021: The global maggot debridement market size is expected to reach USD 19.7 million by 2027 according to a new study by Polaris Market Research.
The report “Maggot debridement Market Share, Size, Trends, Industry Analysis Report, By Administration Type (Biobags, Loose Larva); By End Use (Hospital, Wound Care Centers, Clinics & Others); By Application; By Regions; Segment Forecast, 2020-2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Researchers are constantly developing different techniques for safe, quick, and easy wound debridement therapies.
Maggot therapy helps in the treatment of pressure ulcers, neuropathic foot ulcers, non-healing dead skin & soft tissue wounds, venous stasis ulcers, and post-surgical wounds.
The recent emergence of antimicrobial resistance has updated an interest in maggot debridement therapy utilizing the larvae of lucilia sericata and for this purpose, the Inqaba Biotec and the University of Pretoria have partnered together to expand the commercial production and for the usage of sterile maggots for wound healing in South Africa.
The significant factors favoring the global market growth include the increasing incidents of street mishaps, surgeries, burns, trauma, and road accidents globally that are responsible for the prolonged hospitalization due to the injuries & surgeries which drive the demand for these products.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
