The global Wound Biologics Market experienced substantial growth in recent years, with a market size of USD 2.7 billion in 2022. The market is projected to continue expanding and reach a value of USD 4.5 billion by 2032, exhibiting a robust revenue compound annual growth rate (CAGR) of 7.8% during the forecast period. Several key factors contribute to this upward trajectory, including the increasing prevalence of chronic wounds, the aging population, and the growing demand for advanced wound care products.
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