Europe Burn Care Market was worth $ 0.53 Billion in 2018 and estimated to reach $ 0.71Billion by the end of 2023 with a growing potential of 6.3 %. Burn injuries present many challenges to various range of health care professionals who encounter them worldwide. The European Burns association describes burn injury as a complex trauma needing multidisciplinary and continuous therapy.
Most companies focus on developing new products which helps to reduce the cost of treatment. The strategy of new product launches accounted for the largest share of the overall growth strategies mapped from 2018 to 2023. In Europe, almost 50% patients of burn injuries were younger than 16 years, and similar to that 60% were male patients. Flames, scalds, and contact burns are the most dominant causes in the total population, but in children, scalds clearly are the most prevalent causes.
The Major factors that focuses on growth of the Market is rise in the incidence of burns, growing Healthcare expenditure, favourable government initiatives, growing awareness in treatment options. Favourable government initiatives in UK are driving the growth in Europe. The annual incidence of burns is 0.2 to 2.9/10,000 inhabitants with a declining trend in time due to growing awareness in usage of biologics and its substitutes.
The Europe Burn Care Market is majorly categorized into Products (Advanced dressings, Biologics, Traditional). Among these, the advanced burn care products segment is expected to hold the largest share of the market, Germany is going to have the highest share in the market during the forecast period. While, the biologics segment is expected to witness the highest CAGR from 2015 to 2020 with U.K witness the highest growth in the market. Extent of damage (Minor, Partial Thickness, deep partial thickness burn), End users (Hospitals, Clinics and Home care) Among these majority of the patients are treated in outpatient clinics and depending on the severity of the burn the patients requires inpatient treatment. The Europe burn market is analyzed under various regions namely UK, Spain, Germany, Italy and France.
Some of the Key Players that have been operating in burn care market in Europe are 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), Coloplast A/S (Denmark), Convatec Inc (U.K.).
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 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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
