Global Burn Care Market Segmentation, By Product (Advanced Burn Care Products, Biologics, Traditional Burn Care Products, Other Burn Care Products), Skin Grafts (Split-thickness, Full-thickness Grafts), Depth of Burn (Minor, Partial-thickness, Full-thickness Burn), Burn Type (Thermal Burn, Electrical Burn, Chemical Burn, Radiation Burn, Friction Burn, Others), End-Users (Hospitals, Physician Clinics, Homecare), Distribution Channel (Direct Tender, Retail) – Industry Trends and Forecast to 2031.
Burn Care Market Analysis
The incidents of burns have been one of the most common public health issues. According to the studies, in poor and middle-income nations, the risk of child fatalities from severe burns is estimated to be seven times greater than in high-income ones. The increased burden of the burn cases across different countries led to the surging public awareness of first aid for unexpected burn injuries, which indirectly enables higher adoption. Owing to the increased adoption of burn care across the globe, the market is estimated to grow significantly.
Burn Care Market Size
Global burn care market size was valued at USD 2.54 billion in 2023 and is projected to reach USD 4.53 billion by 2031, with a CAGR of 7.4% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Burn Care Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa
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Key Market Players
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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), and Essity Aktiebolag (Sweden)
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Burn Care Market Definition
Burns are injuries caused by heat exposure, which can be electrical, chemical, electromagnetic or thermal energy. The severity of a burn damage is determined by its size and depth. First-degree, second-degree, and third-degree burns are the three forms of burns. The severity of the burn damage determines how it is treated. Burn care items are used to relieve pain, minimize the risk of scarring, remove dead tissue, prevent infection, and restore function.
Burn Care 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.
Restraints/Challenges
- High Costs
On the other hand, the high cost associated with advanced burn care products and the costly expenses of the progressive treatments are expected to obstruct market growth.
- Dearth of Professionals
Also, the burn care needs to be treated early with help of skilled healthcare professionals. The shortage of skilled or trained professionals is projected to challenge the burn care market in 2022-2029.
This burn care market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the burn care market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Burn Care Market
The burn care market was negatively impacted by the outbreak of COVID-19. The imposition of the lockdown and social distancing restrictions by the government to curb the COVID-19 pandemic outbreak led to lower hospital admissions related to minor burn injuries and a decline in the number of burn care surgeries performed. Moreover, various challenges such as the halt of various manufacturing operations, supply chain disruptions, stifling business growth, technology event cancellations, and suspensions of new developments have affected overall production and sales, limiting the industry's expansion. In addition, with the majority of people working from home and many industrial buildings shut down, the number of fires has decreased dramatically, resulting in fewer burn injuries.
The market was adversely affected by the global crisis. However, as the disease gradually is decreasing the market is estimated to grow at significant pace.
Burn Care Market Scope
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
Skin Grafts
- Split-thickness
- Full-thickness Grafts
Depth of Burn
- Minor
- Partial-thickness
- Full-thickness Burn
Burn Type
- Thermal Burn
- Electrical Burn
- Chemical Burn
- Radiation Burn
- Friction Burn
- Others
End-Users
- Hospitals
- Physician Clinics
- Homecare
Distribution Channel
- Direct Tender
- Retail
Burn Care Market Regional Analysis
The burn care market is analyzed and market size insights and trends are provided by country, product, skin grafts, depth of burn, burn type, end-users and distribution channel as referenced above.
The countries covered in the burn care market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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.
Burn Care Market Share
The burn care market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies' focus on the burn care market.
Burn Care Market Leaders Operating in the Market Are:
- 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)
- Essity Aktiebolag (Sweden)
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