Latin America Burn Care Market was worth $ 0.15 billion in 2018 and estimated to reach $ 0.21 billion by the end of 2023 with a growing potential of 6.99%.
Latin America Burn care is a major challenge in Latin America, burn injuries are 3rd most leading cause of death from trauma and the 2nd in children younger than 4 years of age that results from an accidental event. It is expected that about a million of burn accidents every year in Brazil, of which 200,000 patients seek hospital care.
The main reasons for burns in children under the age of 15 are related to accidental events in the home surroundings, of which scald burns or lesions are caused by heated liquid are the main causes responsible for trauma. The annual occurrence of burns in Argentina is 10/2000, and accounts for the 3rd cause death among children. However, the high cost of burn care is the major factor inhibiting the growth of market.
The Major factors that attribute to the growth of the Market is due to rising incidence of burns due to lack of awareness in children below the age of 15, growing expenditure in Healthcare leads to usage of skin grafts and advanced dressings, favourable government initiatives, expanding awareness regarding treatment options. The Most Restraining Challenge is increasing the cost of Burn care.
The Latin America Burn Care Market is broadly categorized based on Products (Advanced dressings, Biologics, Traditional). Based on extent of damage (Minor, Partial Thickness, deep partial thickness burn), based on End users (Hospitals, Clinics and Home care). Brazil is projected to account the largest share in the market and also witnessing the growth in CAGR during the forecast period followed by Argentina. On the basis of geography, the Latin America market is analysed under various countries namely Argentina, Brazil, and Mexico.
Multinational companies are investing mostly on developing new products which enables them to have a competitive advantage. Some of the key players influencing the Latin America Burn care market, by their products and services include Smith & Nephew plc (UK), Acelity L.P (US), 3M Company (US), Molnlycke Health Care (Sweden), Derma Sciences Inc.(US), Medtronic (Ireland), Convatec Inc (UK), 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 Introduction
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
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
