Burn care encompasses a range of medical treatments and products aimed at managing and healing burn injuries. Key applications of burn care products include the treatment of thermal burns, chemical burns, and electrical burns. Features of burn care products include specialized dressings, grafts, and topical treatments that promote wound healing, prevent infections, and reduce pain. These products play a crucial role in minimizing scarring and improving patients' quality of life. Burn care is vital in both emergency settings and long-term recovery, ensuring comprehensive care for burn victims and enhancing their chances of successful healing and rehabilitation.
According to Data Bridge Market Research, the Global Burn Care Market accounted for USD 2.2 billion in 2021 and is expected to reach a value of USD 3.99 billion by 2029. The market is expected to grow with a CAGR of 7.4% in the forecast period of 2022 to 2029.
“Increase in the incidence of burn injuries boosts the market’s growth”
The burn care market is witnessing growth due to an increase in the incidence of burn injuries. Factors such as accidents, industrial mishaps, and even home-related burns contribute to this rise. As a result, the demand for advanced burn care products, including dressings, grafts, and topical agents, is surging. These products aid in wound healing, reduce pain, and prevent infections, fostering market expansion as healthcare providers and patients seek effective solutions to manage and treat burn injuries.
What restraints the growth of the global burn care market?
“High costs restraints the market’s growth”
The burn care market faces a significant restraint in the form of high costs associated with burn treatment. Burn care encompasses a range of medical interventions, from wound dressings to surgeries and long-term rehabilitation, incurring substantial expenses. These costs can burden patients, healthcare facilities, and insurance providers, limiting access to comprehensive care.
Segmentation: Global Burn Care Market
The global burn care market is segmented on the basis of product, skin grafts, depth of burn, burn type, end-users, and distribution channel.
- On the basis of product, the burn care market is segmented into advanced burn care products, biologics, traditional burn care products, and other burn care products.
- On the basis of skin grafts, the burn care market is segmented into split-thickness and full-thickness grafts.
- On the basis of depth of burn, the burn care market is segmented into minor, partial-thickness, and full-thickness burn.
- On the basis of burn type, the burn care market is segmented into thermal burn, electrical burn, chemical burn, radiation burn, friction burn, and others.
- On the basis of end-users, the burn care market is bifurcated into hospitals, physician clinics, and homecare.
- On the basis of distribution channel, the burn care market is bifurcated into direct tender and retail.
Regional Insights: North America dominates the Global Burn Care Market
North America dominates the burn care market due to the adoption of advanced surgeries such as reconstructive burn surgery. Additionally, strategic initiatives such as the introduction of new products and mergers and acquisitions are enhancing market expansion, fostering innovation, and improving the overall care and treatment of burn injuries.
Asia-Pacific is expected to witness significant growth due to rising healthcare expenditure and a significantly higher incidence of burn injuries compared to other regions. The increased demand for advanced burn care solutions, including dressings, grafts, and rehabilitation, reflects the region's focus on improving patient outcomes and addressing the unique healthcare challenges associated with burn injuries.
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The Prominent Key Players Operating in the Global Burn Care Market Include:
- Smith+Nephew (U.K.)
- Mölnlycke Health Care AB (Sweden)
- Convatec Inc. (U.K.)
- 3M (U.S.)
- Coloplast Group (Denmark)
- Medtronic (Ireland)
- Accell Group (Netherlands)
- Anika Therapeutics, Inc. (U.S.)
- B. Braun Melsungen AG (Germany)
- Cardinal Health (U.S.)
- DeRoyal Industries (U.S.)
- Hollister (U.S.)
- Integra LifeSciences Corporation (U.S.)
- Medline Industries, Inc. (U.S.)
- PAUL HARTMANN AG (Germany)
- Essity Aktiebolag (Sweden)
Above are the key players covered in the report, to know about more and exhaustive list of global burn care market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Burn Care Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
