The global Burn Care Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Burn Care market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Global burn care market was valued at USD 2.2 billion in 2021 and is expected to reach USD 3.99 billion by 2029, registering a CAGR of 7.4% during the forecast period of 2022-2029.
Top Companies in the Global Burn Care Market:
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), among others.
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Market Segmentation:
The burn care market is segmented on the basis of product, skin grafts, depth of burn, burn type, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Advanced Burn Care Products
- Biologics
- Traditional Burn Care Products
- Other Burn Care Products
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. The advanced burn care products are sub-segmented into alginate dressing, collagen dressing, hydrogel dressing, hydrocolloid dressings, wound contact layers, film dressings, foam dressings and others. The traditional burn care products are sub-segmented into tapes and dressings.
Skin Grafts
- Split-thickness
- Full-thickness Grafts
On the basis of skin grafts, the burn care market is segmented into split-thickness and full-thickness grafts.
Depth of Burn
- Minor
- Partial-thickness
- Full-thickness Burn
On the basis of depth of burn, the burn care market is segmented into minor, partial-thickness and full-thickness burn.
Burn Type
- Thermal Burn
- Electrical Burn
- Chemical Burn
- Radiation Burn
- Friction Burn
- Others
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. The thermal burns segment is estimated to register highest growth in the forecast period owing to the high incidence of fire-related burn injuries.
End-Users
- Hospitals
- Physician Clinics
- Homecare
On the basis of end-users, the burn care market is bifurcated into hospitals, physician clinics and homecare.
Distribution Channel
- Direct Tender
- Retail
On the basis of distribution channel, the burn care market is bifurcated into direct tender and retail.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
North America dominates the burn care market because of the adoption of technologically advanced surgeries such as reconstructive burn surgery along with the focusing on strategic initiatives such as the launch of new products and mergers and acquisitions within the region. Asia-Pacific is expected to witness significant growth due to the increasing healthcare expenditure and high burn cases (incidence of burn injuries is nearly 20 times higher than other regions).
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Demand Will Bolster the Market’s Growth.
The increase in incidence of burn injuries is the most significant factor driving the growth for this market. The rise in demand for skin grafts and its substitutes is also expected to accelerate the market's overall growth.
Furthermore, the rise in demand for minimally invasive procedures and favorable government initiatives such as reimbursement policies are also expected to fuel market growth. Moreover, the surge in patient awareness towards burn care treatment and management also cushions the market’s growth within the forecasted period. Moreover, the technological advancements in burn care products are estimated to generate lucrative opportunities for the market. The wide availability of traditional burn care products along with the rising willingness among the people to spend more and opt for new advanced burn care products which will further expand the burn care market's growth rate in the future.
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