Scope of the Study
Burn is an injury to skin or tissue caused due to heat, radiation, electricity, or chemicals. In most cases, hot liquids and fire are the common causes of burn, besides which alcoholism, smoking, and violence between people may also lead to burn injuries. While superficial burns can be managed by simple pain medications, major burns require prolonged treatment in specialized burn-care centers. According to world health organization (WHO), an estimated of 265,000 deaths are caused by burns every year, frequently happening in low and middle income countries. Favorable government initiatives and growing number of emergency centers are key parameters driving the growth of global burn care market
The market study is being classified by Type (Advanced Burn Care Products, Biologics, Traditional Burn Care Products and Other Burn Care Products), by Application (Hospitals, Physician Clinics and Home Care) and major geographies with country level break-up. According to AMA, the Global Burn Care market is expected to see growth rate of 6.3% and may see market size of USD273.1 Million by 2024.
Smith & Nephew plc (United Kingdom), Mölnlycke Health Care (Sweden), Convatec Inc. (United Kingdom), Acelity (United States), Coloplast A/S (Denmark), Derma Sciences, Inc. (United States), Medtronic (Ireland) and 3M Company (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Burn Care market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Burn Care market by Type, Application and Region.
On the basis of geography, the market of Burn Care has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Cause of Burn Type, the sub-segment i.e. Thermal Burns will boost the Burn Care market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Depth of Burn, the sub-segment i.e. Minor will boost the Burn Care market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Incidence of Burn Injuries
- Increasing Healthcare Expenditure in Developing Economies
- Surging Awareness among People for Treatment Options Worldwide
- Rapid Advancements in Burn Care Products
- Rising Awareness on Burn Care Across the Globe Growing Demand for Skin Grafts and Substitutes
- Favorable Government Initiatives and Growing Number of Emergency Centers
- High Cost of Advanced Treatments and Products
Key Target AudienceBurn care product manufacturers and suppliers, Physician clinics, Research and development (R&D) companies and Medical research laboratories
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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