Mr Accuracyreports has published a new research report titled “
Global Burn Care Market Size By Product (Advanced Burn Care Products, Biologics), By Depth of Burn (Minor Burns, Partial-Thickness Burns), By End-User (Hospitals, Physician Clinics), By Geographic Scope And Forecast
” in its research database. Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology, and Graphs –
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The primary purpose of this market research is to understand customer needs, preferences, and behaviors. By analyzing this data, businesses can develop effective marketing strategies, improve products or services, and enhance customer satisfaction. Additionally, current market research 2024 helps identify market trends, assess the competitive landscape, and evaluate the potential for new products or services. Browse Complete Report Here-
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Burn Care Market Size And Forecast
Burn Care Market size was valued at USD 2.17 Billion in 2021 and is projected to reach USD 3.86 Billion by 2030, growing at a CAGR of 6.60% from 2023 to 2030
The increasing demand for burn care products is on growth owing to the increasing incidence of burns, huge demand for skin grafts, spreading awareness regarding treatment options, and growing technological advancements. Enhancing awareness levels among people regarding different treatment options related to burn care is a principal factor driving the market over the forecast period. The Global Burn Care Market report provides a holistic evaluation of the market. The report provides an in-depth analysis of the segments, market-related trends, market drivers, restraints, and opportunities along with the competitive landscape.
Global Burn Care Market Definition
Burn is a physical injury to the skin due to heat, radiation, electricity, or chemicals. Sometimes, fire and hot fluids are the most frequent causes of burn. The intensity of burn injury depends upon the different sizes & depths of the burn. Moreover, smoking, alcoholism, and violence among people may also cause burn injuries. Three types of burns involve third-degree burns, second-degree, and first-degree. Burn wounds are highly traumatic, extremely painful, disfigurement, and even lead to death.
The administration of these burns is based on the degree of injury. Products used in burn care treatment are advanced burn care, biologics, and traditional burn care. Superficial burns can be treated by simple pain medications, whereas major burns require prolonged treatment in specialized burn-care centers and hospitals. Burn care products are used to restrict complications such as control pain, prevent infection, reduce scarring risk, remove dead tissue, and regain function.
Global Burn Care Market Overview
The increase in demand for minimally invasive procedures, rise in the incidence of burn injuries, technological advancements in burn care products, and increasing patient awareness toward burn care treatment & management are the important factors that drive the growth of the Global Burn Care Market globally. Moreover, the rise in demand for skin grafts & their substitutes, the wide availability of traditional burn care products, and the rise in adoption of advanced burn care products are other factors that will boost the growth of the global market.
Furthermore, favorable government initiatives such as reimbursement policies have also been positively anticipated in propelling the growth of the Global Burn Care Market. There are certain constraints and obstacles faced that will limit the market growth. The factors such as the high cost associated with treatments for burn care are limiting the market growth. Nevertheless, with technological advances on the cards, very soon these costs are expected to come down, making these treatments more accessible, growing Demand for Skin Grafts and Substitutes offers promising growth opportunities.
Global Burn Care Market Segmentation Analysis
The Global Burn Care Market is Segmented on the basis of Product, Depth of Burn, End-User, And Geography.
Burn Care Market, By Product
- Advanced Burn Care Products
- Biologics
- Traditional Burn Care Products
- Others
Based on Product, The market is bifurcated into Advanced Burn Care Products, Biologics, Traditional Burn Care Products, and Others. The advanced burn care products segment holds the largest market share during the forecast period. The factors that can be attributed to the wide product range and extensive application in wound management are accelerating the demand for this segment.
Burn Care Market, By Depth of Burn
- Minor Burns
- Partial-Thickness Burns
- Full-Thickness Burns
Based on Depth of Burn, The market is bifurcated into Minor Burns, Partial-Thickness Burns, and Full-Thickness Burns. The partial-thickness burns segment holds the largest market share during the forecast period. The factors that can be attributed to the increasing usage of advanced dressings and biologics like skin grafts and substitutes are driving the demand for this segment.
Burn Care Market, By End-User
- Hospitals
- Physician Clinics
- Home Care
- Others
Based on End-User, The market is bifurcated into Hospitals, Physician Clinics, Home Care, Other. The hospital segment accounts for the largest market share during the forecast period. the hospital segment is further bifurcated into inpatients and outpatients. The factors that can be attributed to the increasing incidence of burn injuries and hospitalizations each year.
Burn Care Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Burn Care Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America holds the largest market share. The increasing incidence of burns and high demand for skin grafts and substitutes and ongoing projects will boost the market in the North American region.
Key Players
The “Global Burn Care Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as 3M Company, Smith & Nephew plc, Convatec Inc., Derma Sciences, Inc., Mölnlycke Health Care, Acelity, Coloplast A/S, Medtronic, Integra Life Sciences Corporation, and Cardinal Health, Inc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Product Development
- The American Burn Association started the National Burn Awareness Week whose agenda is from Electrical Safety from Amps to Zap. This initiative started from 7th February to 13th February 2021. According to the Government, this initiative has been conducted because more than 400000 people face Burn Injuries every year. To raise the seriousness of Burn Injuries this initiate has been raised.
- A new law has been passed in the US. The Portable Fuel Container Safety Act of 2019 has been passed to implant flame arrestors on fuel containers to restrain burn injuries.
Mergers and Acquisitions
- Safeguard Medical, a leading provider of Life Saving Products announced their acquisition of Water-Jel Technologies on 5th May 2020. World-Jel is headquartered in New Jersey. They are the leading provider of Burn Care Products in the world. This acquisition helped Safeguard Medical to offer life-saving products, kitting capabilities and training programs.
Collaborations and Agreements
- A collaborative systems approach was created between the regional burn center (BC) and the rural Level 1 trauma center. This collaboration aimed to treat minor burns.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD |
2018-2030 |
| BASE YEAR |
2021 |
| FORECAST PERIOD |
2023-2030 |
| HISTORICAL PERIOD |
2018-2020 |
| UNIT |
Value (USD Billion) |
| KEY COMPANIES PROFILED |
3M Company, Smith & Nephew plc, Convatec Inc., Derma Sciences, Inc., Mölnlycke Health Care, Acelity, Coloplast A/S, Medtronic. |
| SEGMENTS COVERED |
By Product, By Depth of Burn, By End-User, And By Geography. |
| CUSTOMIZATION SCOPE |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Research Methodology of Market Research:
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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