Burn wounds are extremely painful, highly traumatic, and can lead to permanent scarring, disfigurement or even death. The management of these wounds is based on the injured area and severity and depth of burn. Burn care market has witnessed various technological advancements to treat all degrees of burns injuries. For instance, in July 2016, a combined team of researchers from the Boston University and Beth Israel Deaconess Medical Center developed new type of hydrogel bandage for burn patients. The hydrogel bandage seals the burn wounds to prevent entry of bacteria and proven to be easily removable.
Market Dynamics
Increasing fire incidences are expected to lead to high demand for treatment of burn injuries, which is expected to drive growth of the burn care market. For instance, in January 2017 , according to the World Health Organization (WHO) data published in the African Journal of Emergency Medicines, burn injuries lead to around 18 million disability cases and over 2,50,000 deaths, annually, of over 90% deaths are registered from low-and middle-income countries. Moreover, the U.S. Fire Department responded to around 1.3 million fire incidences in 2016 and the National Fire Protection Association (NFPA) reported 3,280 civilian deaths and 15,700 civilian injuries in these incidences.
However, increasing number of product recalls due to product failure, component inconsistency, and packaging problems is expected to hamper growth of the burn care market. For instance, in March 2018, Integra LifeSciences Corp. recalled its Manuka Honey Wound Gel, which is used for wound healing of minor scalds and burns, minor cuts, lacerations, and minor abrasions. The reason for recall was incorrect gel part number listed in a master manufacturing record. The product was finally terminated in July 2018.
Key features of the study:
- This report provides in-depth analysis of the global burn care market, market size (US$ Mn), and compound annual growth rate (CAGR %) during the forecast period: 2019 – 2026, considering 2018 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global burn care market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include, Smith & Nephew Plc. Molnlycke, ConvaTec Inc., Integra LifeSciences Corporation, 3M, Coloplast A/S, Cardinal Health, Inc., DeRoyal Industries, Inc., Acelity Lp, and Svenska Cellulosa Aktiebolaget (SCA)
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global burn care market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for global burn care market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Burn Care Market, By Product Type:
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- Global Burn Care Market, By Burn Degree:
- First-Degree
- Second-Degree
- Third-Degree
- Other Degrees
- Global Burn Care Market, By End User:
- Hospitals
- Clinics and Burn Centers
- Homecare
- Others
- Global Burn Care Market, By Region:
- North America
- By Country:
- By Product Type:
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- By Burn Degree:
- First-Degree
- Second-Degree
- Third-Degree
- Other Degrees
- By End User:
- Hospitals
- Clinics and Burn Center
- Homecare
- Others
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Product Type:
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- By Burn Degree:
- First-Degree
- Second-Degree
- Third-Degree
- Other-Degrees
- By End User:
- Hospitals
- Clinics and Burn Center
- Homecare
- Others
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Product Type:
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- By Burn Degree:
- First-Degree
- Second-Degree
- Third-Degree
- Other Degrees
- By End User:
- Hospitals
- Clinics and Burn Center
- Homecare
- Others
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Product Type:
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- By Burn Degree:
- First-Degree
- Second-Degree
- Third-Degree
- Other-Degrees
- By End User:
- Hospitals
- Clinics and Burn Center
- Homecare
- Others
- Middle East
- By Country/Region:
- GCC
- Israel
- Rest of Middle East
- By Product Type:
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- By Burn Degree:
- First-Degree
- Second-Degree
- Third-Degree
- Other-Degrees
- By End User:
- Hospitals
- Clinics and Burn Center
- Homecare
- Others
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Product Type:
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- By Burn Degree:
- First-Degree
- Second-Degree
- Third-Degree
- Other-Degrees
- By End User:
- Hospitals
- Clinics and Burn Center
- Homecare
- Others
- Company Profiles
- Smith & Nephew Plc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Molnlycke
- ConvaTec Inc.
- Integra LifeSciences Corporation
- 3M
- Coloplast A/S
- Cardinal Health, Inc.
- DeRoyal Industries, Inc.
- Acelity Lp
- Svenska Cellulosa Aktiebolaget (SCA)
“*” marked represents similar segmentation in other categories in the respective section.
