As per this study, the Global Burn Care Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Burn is a burning sensation associated with an injury to a skin which is caused due to exposure to heat, concentrated chemical, fire, and others. Burns cause severe skin damage that causes affected skin cells to die. Burns can be recovered depending upon the degree of injury. It could be minor, partially thick or full thick, and the treatment can be done by simple medication if the burn is minor; or could require continuous treatment in specialized burn centers if it is superficial burn. Certain burn care products like antibiotics are used to treat burn with burn dressings, kits, sprays, and others.
The growing advancements in burn care products and management are stimulating the global burn care market growth. Additionally, increasing incidences of burns and burn-related injuries are further fueling the market. On the flip side, the high cost of treatment and products is expected to hinder the market growth. Whereas, the introduction of advanced treatment methods such as reconstructive surgery and skin grafting are expected to boost the market demand over the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of burn care.
The broad burn care market has been sub-grouped into product, depth of wound and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Depth Of Burn
- Advanced Burn Care
- Traditional Burn Care
By End User
- Full-Thickness Burns
- Physician Clinics
- Home Care
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for burn care in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Burn Care Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the burn care market include 3M Company, Acelity L.P. Inc., Coloplast A/S, CovaTec Healthcare B. S.A.R.L., Derma Sciences, Inc., Medtronic, Molnlycke Health Care AB, Smith & Nephew. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.