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- Global Burn Care Market is Estimated to Grow at a CAGR of7.2% from 2021 to 2028
Global Burn Care Market is Estimated to Grow at a CAGR of7.2% from 2021 to 2028
Global
burn care market size is estimated at 3.9 USD billion by 2028 and is anticipated to grow at a CAGR of 7.2 % during the projected time frame (2021-2028). Burn is a physical injury to tissue or skin caused due to chemicals, heat, electricity, and radiation. Fire and hot liquids are most common causes of burns.
The burn care is based on the severity of the injury based on size and depth of wound. The burns can be first, second, or third degree based on the severity. Increasing number of burn cases caused due to thermal sources such as fires, steam, hot surfaces and exposure to chemicals are expected to contribute to market growth.
Government initiatives to create awareness about advanced burn care treatment are expected to contribute to burn care market growth during the forecast period. However, high costs of advanced burn care treats are unaffordable to the general population, which can hinder the market growth. Market Segmentation of Burn Care Market,The burn care is based on the severity of the injury based on size and depth of wound. The burns can be first, second, or third degree based on the severity. Increasing number of burn cases caused due to thermal sources such as fires, steam, hot surfaces and exposure to chemicals are expected to contribute to market growth.
Government initiatives to create awareness about advanced burn care treatment are expected to contribute to burn care market growth during the forecast period. However, high costs of advanced burn care treats are unaffordable to the general population, which can hinder the market growth. Market Segmentation of Burn Care Market
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OVERVIEW
Product Analysis of Burn Care Market
By Product, the market is classified into advanced dressings, traditional products, and biologics. The advanced dressings segment is expected to dominate the market during the forecast period. The segment growth can be due to extensive application in wound management and availability of a wide range of products. Alginate, collagen, hydrocolloid, foam, hydrogel, and film dressing are included in advanced dressing. Advancements in the products, increasing awareness, government initiatives and rise in healthcare expenditure are expected to drive the segment growth.
Depth of Wound Analysis of Burn Care Market
By depth of wound, the market is classified into minor, partial, and full thickness. Partial thickness segment is expected to hold the largest market share during the forecast period. Partial thickness burns, also known as second-degree burn is cause to household or workplace accidents, in which the skin or tissue needs grafting. Thus, increasing number of household/workplace accidents and increasing demand for skin grafting is expected to augment the segment growth.
Cause Analysis of Burn Care Market
By cause, the market is classified into chemical burns, radiation burns, thermal burns, friction burns, and electrical burns. The chemical burns segment is expected to observe the fastest growth during the forecast period. Chemicals penetrate the skin and damage the underlying tissue without any damage to the visible surface. Chemical burn can occur due to misuse of products for nails, hair, and skin. Also, workplace accidents due to exposure can take place, especially in manufacturing industries. All these factors contribute to segment growth.,
Product Analysis of Burn Care Market
By Product, the market is classified into advanced dressings, traditional products, and biologics. The advanced dressings segment is expected to dominate the market during the forecast period. The segment growth can be due to extensive application in wound management and availability of a wide range of products. Alginate, collagen, hydrocolloid, foam, hydrogel, and film dressing are included in advanced dressing. Advancements in the products, increasing awareness, government initiatives and rise in healthcare expenditure are expected to drive the segment growth.
Depth of Wound Analysis of Burn Care Market
By depth of wound, the market is classified into minor, partial, and full thickness. Partial thickness segment is expected to hold the largest market share during the forecast period. Partial thickness burns, also known as second-degree burn is cause to household or workplace accidents, in which the skin or tissue needs grafting. Thus, increasing number of household/workplace accidents and increasing demand for skin grafting is expected to augment the segment growth.
Cause Analysis of Burn Care Market
By cause, the market is classified into chemical burns, radiation burns, thermal burns, friction burns, and electrical burns. The chemical burns segment is expected to observe the fastest growth during the forecast period. Chemicals penetrate the skin and damage the underlying tissue without any damage to the visible surface. Chemical burn can occur due to misuse of products for nails, hair, and skin. Also, workplace accidents due to exposure can take place, especially in manufacturing industries. All these factors contribute to segment growth.
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End User of Burn Care Market
By end user, the market is classified into hospital, clinics, and others. The hospitals segment is expected to hold the largest market share. The segment growth can be because most burn cases require hospital treatments. When injuries are severe and affect a large area of skin, patients need to be treated in hospitals. This expected to contribute to hospitals segment growth. Increasing awareness about advanced care in hospitals is also expected to drive the market growth during the forecast period.
Regional Analysis of Burn Care Market
By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America is expected to lead the burn care market during the forecast period. The regional market growth can be attributed to increases number of burn care incidents and increasing demand for skin grafting. The presence of key players investing in launching new products are expected to contribute to North American market.
Key Development
- In March 2021, Nanomedic Technologiesshowed promising results in the use of its Spincare System for treating superficial to partial-thickness burns and wounds. It is suitable for all types of wounds and attaches properly on wound surfaces.
- In September 2020, RenovaCare received US FDA Conditional IDE Approval for CellMist System and SkinGun Device, sanctioning clinical study for safety and suitability of autologous stem cellsto provide effective and expedited healing for the patients.
- In January 2020, Spray Skin Technology known as RECELL Autologous Cell Harvesting Device (RECELL System) was approved by FDto treat severe burns patients with second and third-degree burns. It requires less donor skin for healing burn wounds in a very less time.
Market Segmentation
By Product
- Advanced Dressings
- Traditional Products
- Biologics
By Depth of Wound
- Minor
- Partial
- Full Thickness
By Cause
- Chemical Burns
- Radiation Burns
- Thermal Burns
- Friction Burns
- Electrical Burns
By End User
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Key Companies listed
The major companies listed in the burn care marketSmith & Nephew plc, Mölnlycke Health Care, 3M, Coloplast A/S, Medtronic ,Integra Lifesciences.
These companies are spread over North America, Europe, South America, and Asia Pacific markets, which empowers it to take into account clients over the globe. The company’s leading position in the Burn Care market is endorsed by its wide product portfolio.,
End User of Burn Care Market
By end user, the market is classified into hospital, clinics, and others. The hospitals segment is expected to hold the largest market share. The segment growth can be because most burn cases require hospital treatments. When injuries are severe and affect a large area of skin, patients need to be treated in hospitals. This expected to contribute to hospitals segment growth. Increasing awareness about advanced care in hospitals is also expected to drive the market growth during the forecast period.
Regional Analysis of Burn Care Market
By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America is expected to lead the burn care market during the forecast period. The regional market growth can be attributed to increases number of burn care incidents and increasing demand for skin grafting. The presence of key players investing in launching new products are expected to contribute to North American market.
Key Development
- In March 2021, Nanomedic Technologiesshowed promising results in the use of its Spincare System for treating superficial to partial-thickness burns and wounds. It is suitable for all types of wounds and attaches properly on wound surfaces.
- In September 2020, RenovaCare received US FDA Conditional IDE Approval for CellMist System and SkinGun Device, sanctioning clinical study for safety and suitability of autologous stem cellsto provide effective and expedited healing for the patients.
- In January 2020, Spray Skin Technology known as RECELL Autologous Cell Harvesting Device (RECELL System) was approved by FDto treat severe burns patients with second and third-degree burns. It requires less donor skin for healing burn wounds in a very less time.
Market Segmentation
By Product
- Advanced Dressings
- Traditional Products
- Biologics
By Depth of Wound
- Minor
- Partial
- Full Thickness
By Cause
- Chemical Burns
- Radiation Burns
- Thermal Burns
- Friction Burns
- Electrical Burns
By End User
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Key Companies listed
The major companies listed in the burn care marketSmith & Nephew plc, Mölnlycke Health Care, 3M, Coloplast A/S, Medtronic ,Integra Lifesciences.
These companies are spread over North America, Europe, South America, and Asia Pacific markets, which empowers it to take into account clients over the globe. The company’s leading position in the Burn Care market is endorsed by its wide product portfolio.
(US)
