Global Burn Care Market: Overview
Burn is an injury to skin or tissue caused due to heat, radiation, electricity, or chemicals. In most cases, hot liquids and fire are the common causes of burn, besides which alcoholism, smoking, and violence between people may also lead to burn injuries. These wounds are preventable only if few precautions are followed. While superficial burns can be managed by simple pain medications, major burns require prolonged treatment in specialized burn-care centers.
Depending on product, the global burn care market can be segmented into traditional burn care, biologics, advanced burn care, and others. Among these, the demand for advanced burn care products is expected to rise at a higher pace. Based on depth of burn, the market is expected to witness maximum demand in the partial-thickness burns segment. Other segments covered under this parameter are minor and full-thickness burns. In terms of end user, physician clinics, hospitals, and home care could be the key market segments.
The report provides an in-depth assessment of the aforementioned segments and studies in detail various factors influencing their trajectory. It covers the growth drivers, key hindrances, and opportunities that existing players can benefit from in the coming years. Besides this, the report also evaluates investment feasibility for new entrants, thereby covering a comprehensive market overview.
Global Burn Care Market: Trends and Opportunities
The increasing incidence of burn cases is the primary factor driving the global burn care market. The market is also gaining from the rising willingness among people to spend on advanced care especially in case of patients with burns. As governments take initiatives to spread awareness regarding burn care, it will foster growth to the global burn care market. Besides this, the market will also gain from the rising awareness among people about the available burn care and treatment options. However, high cost associated with treatments for burn care may hinder the market to an extent. Nevertheless, with technological advances on cards, very soon these costs are expected to come down, making these treatments more accessible to common man, thus bolstering market opportunities.
Global Burn Care Market: Regional Outlook
Growth witnessed in North America is expected to be higher than other regional markets. The high demand for skin grafts and substitutes witnessed in the region will aid the growth of the burn care market in the region. Besides this, the U.S. will play a significant role in augmenting the North America burn care market. The market will also witness significant opportunities in Asia Pacific. Growth in advanced dressings will further help Asia Pacific to emerge as a niche market for burn care in the coming years.
Global Burn Care Market: Vendor Landscape
Coloplast A/S, Smith & Nephew plc, Derma Sciences, Inc., Medtronic, Acelity L.P., 3M Company, and Mölnlycke Health Care are among the leading players in the global burn care market. Their policies and marketing strategies have significant impact on the global burn care market, which is why the report includes results of SWOT analysis conducted on them. The analysis was intended at identifying their core strengths and weaknesses. It also revealed a few threats and opportunities that could have an impact on their overall operations.
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.