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The global burn care centers market accounted for 2.096 billion in 2020 and is estimated to be US$ 3.77 billion by 2030 and is anticipated to register a CAGR of 6.1%.
The report " Global Burn Care Centers Market, By Product (Advanced Dressing, Biologics, and Traditional Burn Care Products), By Depth of Burn (Minor Burns, Partial-Thickness Burns, and Full-Thickness Burns), By End-User (Hospitals, Physician Clinics, and Home Care), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2030”.
Key Market Insights from the report:
The global burn care centers market accounted for 2.096 billion in 2020 and is estimated to be US$ 3.77 billion by 2030 and is anticipated to register a CAGR of 6.1%. The market report has been segmented on the basis of product, Depth of Burn, end user, and region.
• Depending upon product, the advanced dressing segment is the major contributor, and is projected to grow significantly during the coming years. The goal of advanced burn care is to control pain, prevent infection, remove dead tissue, and reduce scarring risk & regain function. Advancements in burn care products increase in awareness programs for advanced burn care treatment & management, surge in healthcare expenditure, and surgeon incidence of burn cases around the globe are the key factors impacting the growth of this segment.
• In terms of depth of burn, partial-thickness burns segment is major share in the global burn care market, due to rise in usage of advanced dressings & biologics such as skin grafts & substitutes, surgeon incidence of burns & burn-related injuries, advancements in burn care products, and increase in awareness toward the usage of advanced burn care products.
• By end user, the factors such as increasing awareness of burn care and rising incidence of burn injuries are driving market growth in hospitals segment.
• By region, North America dominates the market for burn care, and it is expected to continue its strong hold for a few more years. Key factors are demand for minimally invasive cosmetic surgeries and rising concern regarding aesthetic appearance. Adoption of technologically advanced surgeries such as reconstructive burn surgery is also contributing to market growth.
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Competitive Landscape:
The prominent player operating in the global burn care centers market includes Derma Sciences Inc., Coloplast A/S, Mölnlycke Health Care, and Acelity L.P., Smith & Nephew plc, Medtronic, 3M Company, and Convatec Inc.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Key Highlights:
• In June 2019, Smith & Nephew announced that they have introduced the new single use PICO 14 negative pressure wound therapy system which has the capability of driven duration of up to 14 days that support its usage in large wounds and is used in deep wounds. With this product launch, the company will increase its portfolio.
• In August 2018, B. Braun Medical Inc. (U.S.) a subsidiary of B. Braun Melsungen AG launched Prontosan Wound Gel X which is designed to cleanse and moisten wound beds for home personal care.
Analyst View:
Increasing investment in research and development of burn care
Increasing demand for minimally invasive treatments and procedures to improve cosmetic appeal is a key contributor to market growth. Rising fire incidences are expected to lead to high demand for treatment of burn injuries, which are expected to fuel the growth of burn care market. The rising concern regarding aesthetic appearance, skin grafts among patients and increasing awareness level among people regarding availability of various treatments options are some other factors expected to propel the market growth. In addition, associated advantages of biologics to treat wound, such as accelerated wound healing, shorter length of hospital stay and cost efficiency are likely to fuel market expansion. Increasing awareness level among people regarding the availability of various treatment options for burn care management is anticipated to impel the demand. Rising healthcare expenditure in developing economies coupled with inclination towards opting advanced wound care products is anticipated to boost market growth.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Burn Care Centers Market”, By Product (Advanced Dressing, Biologics, and Traditional Burn Care Products), By Depth of Burn (Minor Burns, Partial-Thickness Burns, and Full-Thickness Burns), By End-User (Hospitals, Physician Clinics, and Home Care), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2030”
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Some Important Points Answered in this Market Report Are Given Below:
• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered
1. Introduction
• Study Deliverables
• Study Assumptions
• Scope of the Study
2. Research Methodology
3. Executive Summary
• Opportunity Map Analysis
• Market at Glance
• Market Share (%) and BPS Analysis, by Region
• Competitive Landscape
• Heat Map Analysis
• Market Presence and Specificity Analysis
4. Investment Analysis
5. Competitive Analysis
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