Burn Care Market Scope
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
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 2026.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Burn Care market throughout the predicted period.
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 that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Burn Care market 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 Region with country level break-up.
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).
- Rapid Advancements in Burn Care Products
- Rising Incidence of Burn Injuries
- Increasing Healthcare Expenditure in Developing Economies
- Surging Awareness among People for Treatment Options Worldwide
- 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