Burn Care Market By Product - (Advanced, Biologics, Traditional) By Depth - (Minor, Superficial Partial-Thickness Burn, Deep Thickness Burn) By End-Users - (Hospitals, Clinics, Homecare) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2019–2024)
Global Burn Care Market was worth $2.0 billion in 2019 and estimated to reach $2.8 billion by the end of 2024 with a growing potential of 6.89%. Burns are a global public health problem, accounting for an estimated 265 000 deaths annually. The majority of these deaths occur in low- and middle-income countries and almost half occur in the WHO South-East Asia Region.
In many developed countries, burn death rates have been declining, and the rate of child deaths from burns is currently over 7 times higher in developing and poor countries than in developed countries. Burn injuries continue to cause sickness and mortality globally. Despite collaborations and preventative measures, there are still many cases reported in many countries. The treatment of these patients is often protracted and requires extensive resources. The adequate revival of these patients coupled with scrupulous wound care can have a large impact on their outcome.
The Major factors that attribute to the growth of the Market is due to rising incidence of burns, growing expenditure in Healthcare, favourable government initiatives, expanding awareness regarding treatment options. However, increasing cost of burn care treatments and products are the major factors that are challenging the growth of the market. The Burn Care market was dominated by North America, followed by Europe, Asia-Pacific. Increasing demand for Biologics in U.S are driving the growth in North America.
The Global Burn Care Market is broadly categorized based on Products (Advanced dressings, Biologics, Traditional). Among these Advanced dressings is projected to account a largest share in the market while biologics is expected to witness highest growth in CAGR during the forecast period. Based on extent of damage (Minor, Superficial Partial Thickness, deep partial thickness burn), based on End users (Hospitals, Clinics and Home care). The hospital segment accounts to largest share in the market with increasing incidence of burn injuries and also due to advancement in burn care products and treatments. On the basis of geography, the global burn care market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America, and Middle east and Africa.
Some of the major companies dominating the global burn care market, by their products and services include Smith & Nephew plc (U.K.), Acelity L.P (U.S.), 3M Company (U.S.), Molnlycke Health Care (Sweden), Derma Sciences Inc.(U.S.), Medtronic (Ireland), Convatec Inc (U.K.), Coloplast A/S (Denmark),.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Product Type
5.1.1 Advanced
5.1.2 Biologics
5.1.3 Traditional
5.2 By Extent of damage
5.2.1 Minor
5.2.2 Superficial Partial Thickness Burn
5.2.3 Deep Thickness Burn
5.3 by End Users
5.3.1 Hospitals
5.3.2 Clinics
5.3.3 Home care
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Mexico
6.4.4 Rest of Latin America
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Smith & Nephew plc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Acelity L.P
8.3 3M Company
8.4 Molynlycke Health Care
8.5 Dema Sciences Inc.
8.6 Medtronic
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
