|
|
 |
|
Viewing report
|
|
|
|
Biotherapy Market Study
BrightNet, April 2010, Pages: 30
'Following its recent successful integration into mainstream medicine, biotherapy will continue to grow since it offers potent, natural and cost-effective treatments to both people and animals', Dr. David Kaplun, Manager and Founder, ICB (International Center for Biotherapy).
The outline purpose of this market study was to research the biotherapy market in general, focusing on treatments with maggots and leeches.
NEED FOR BIOTHERAPY
In the context of this study, biotherapy was defined as 'the use of substances from a living organism or living organism itself, such as a leech, in treating people or animals'.
The revival of biotherapy is fuelled by market drivers, including: Modern medicine is limited since current medications deal more with symptoms than anything else; many medical uses of biotherapy (e.g. those of leeches); biotherapy is cost-effective; failure of substitutes (e.g. the failure of the mechanical leech); healing wounds with biotherapy; and helping with the symptoms of arthritis.
BIOTHERAPY MARKET
The CAM (Complementary and Alternative Medicine) market, of which the biotherapy market is a part of, has witnessed accelerated growth.
MDT (Maggot Debridement Therapy) has also grown. In 1995, only a few doctors in 4 countries were using MDT. Today, any U.S. physician can prescribe MDT. Over 4,000 therapists are using MDT in 20 countries.
Leech therapy has also grown. For example, at Biopharm, an international supplier of leeches, annual sales have doubled to more than 70,000 of the animals in the previous 15 years. The two main commercial weaknesses of leech therapy are the 'yuck' factor and the lack of randomized clinical trials.
METHODOLOGY
The information in this study is based on the international market research conducted from May 2009 until April 2010. Data was gathered from:
- Primary sources - 17 interviews were conducted with international experts, analysts, managers and key people in the biotherapy market. All the names and positions of the interviewees are given in the market research.
- Secondary sources - Rigorous review and information retrieval, which included both online and offline databases, proprietary database, market research reports, trade magazines, industry newsletters, white papers, trade association/group publications and government archives. The market study includes a detailed Harvard-style References section of the researched secondary sources, including specific URLs that enable the reader to follow-up on any topic.
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
Wound Care Products - Global Strategic Business Report
Innovations in Wound Care Devices and Dressings
Alternative Medicine - Global Outlook
Emerging Medical Technologies Spotlight, A Report Of Investment & Partnering Opportunities, 2011
Surgical Wound Healing and Management
Medical Review Criteria Guidelines for Managing Care (11th edition, 2012)
All Change in the Advanced Wound Care Market 2009
Advanced Wound Repair Therapies
Negative Pressure Wound Therapy (NPWT) - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016
Wound Care Market in Malaysia
|
|
|
|
