Global Burn Care Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 6.8% from 2019 to 2027, reaching nearly US$ 3.10 Bn.
Global Burn Care Market
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
The burn is an injury to skin or tissue because of heat, electricity, radiation, or chemicals. Sometimes, fire and hot liquids are the main common causes of burn. The burn care products are used to prevent complications like control pain, reduce scarring risk, prevent infection, regain function, and remove dead tissue.
The report analyzes various factors which have been driving the global burn care market in the past. The MMR report also showcases the opportunities available in the burn care market which may act as future drivers for the market. As per the World Health Organization (WHO), a projected of 265,000 deaths are caused by burns each year, often happening in low and middle-income economies. Availability of advanced treatment, favorable government initiatives, growing cases of burn, and an increasing number of emergency centers are major factors driving the growth of the burn care market globally.
The MMR report also covers all the trends playing a major role in the growth of the burn care market over 2019-2027. For instance, clinical telemedicine provides several benefits like an upsurge in the effectiveness of treatments and training of less experienced surgeons. The growing use of telemedicine in burn care treatments is recognized to be one of the major trends contributing to the growth of the global market for burn care.
By product, the advanced burn care products segment is expected to continue to hold the largest XX.89% share in the burn care market owing to the wide product range and wide application in wound management. Advanced wound dressings contain hydrocolloid, hydrogel dressings, and foam, collagen, film dressings, and alginate. Likewise, the report will provide an accurate prediction of the contribution of the various segments to the growth of the burn care market size.
In recent years, major companies in the burn care market have taken several strategic measures, like partnerships and facility expansions. For example, in 2019, Mölnlycke Health Care Company declared the acquisition of M&J Airlaid products. With this acquisition, it will be helpful in supporting the wound care facilities. It will also help in the supply of the airlaid material which is insignificant in the production of advanced wound care dressings. This acquisition will expand Mölnlycke Company’s security of supply of the airlaid material.
Major Players in Burn Care Market:
Global Burn Care Market1
North America’s burn care market was valued US$ XX million in 2019 and is expected to reach a value of US$ XX million by 2027, with a CAGR of XX.22% during the forecast period. Major factors responsible for its dominance are the demand for minimally invasive cosmetic surgeries and growing concern regarding aesthetic appearance. Along with the American Society of Plastic Surgeons, approximately 17.5 million surgical and minimally invasive cosmetic procedures performed in the U.S. in 2017. Similarly, the adoption of technologically advanced surgeries like reconstructive burn surgery is also contributing to burn care market growth.
In 2019, Smith & Nephew PLC announced that they have introduced the novel single-use PICO 14 negative pressure wound therapy system that has the ability of a focused duration of up to 14 days that support its usage in large wounds and is used in deep wounds. With this product launch, Smith & Nephew will raise its portfolio.
The objective of the report is to present a comprehensive analysis of the Global Burn Care Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Burn Care Market dynamics, structure by analyzing the market segments and projects the Global Burn Care Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Burn Care Market make the report investor’s guide.
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Scope of the Global Burn Care Market
Global Burn Care Market, by Product
• Advanced Burn Care Products
• Traditional Burn Care Products
• Other Burn Care Products
Global Burn Care Market, by Depth of Burn
• Minor Burns
• Partial-thickness Burns
• Full-thickness Burns
Global Burn Care Market, by End User
• Physician Clinics
• Home Care
Global Burn Care Market, by Region
• Asia Pacific
• North America
• South America
• Middle East & Africa
Key players operating in Global Burn Care Market
• Smith & Nephew PLC
• Essity AB (BSN Medical Gmbh)
• Mölnlycke Health Care
• Integra LifeSciences Corporation
• Convatec Healthcare
• Coloplast A/S
• Acelity L.P. Inc.
• Derma Sciences, Inc.
• Cardinal Health
• Hollister, Inc.
• Deroyal Industries, Inc.
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