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Pulished Date April, 2021
ID: 1016
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North America Burn Care Market Research Report – Segmented By Product, Extent of damage, End Users & Country (The United States, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 1016
Pages: 145

North America Burn Care Market Size (2021 to 2026)

The size of the North America Burn Care Market has been calculated at USD 0.77 Billion in 2021. It is further estimated to reach USD 1.05 Billion by the end of 2026, showcasing a CAGR of 6.5% from 2021 to 2026.

Most companies focus on expanding their existence in the burn care product market by investing strategically in research and development activities, enabling them to launch new products in the market to have a competitive advantage. Most companies' main strategies in the burn care market are new product launches, collaborations, acquisitions, and expansions. New product launches' strategy accounted for the largest share of the overall growth strategies mapped from 2018 to 2023.

The Major factors that influence the growth of the market are a rise in the incidence of burns, i.e., over 1 million burn injuries were noticed annually in the U.S, growing Healthcare expenditure results in increased usage of skin grafts and advanced dressings, favorable government initiatives, increasing awareness in treatment options owing to increasing number emergency burn clinics.

However, the high cost of burn care treatments and the development of new products are the major factors that are challenging the market's growth.

This research report on the North America Burn Care Market has been segmented and sub-segmented into the following categories:

By Product: 

  • Advanced Dressings
  • Biologics
  • Traditional

By Extent of Damage: 

  • Minor
  • Superficial Partial Thickness
  • Deep Partial-Thickness Burn

By End-user: 

  • Hospitals
  • Clinics
  • Homecare

By Country: 

  • The United States
  • Canada
  • Rest of North America

Advanced dressings are predicted to have the largest share in the market, while biologics is predicted to witness the highest CAGR during the forecast period. Increasing demand for Biologics in the U.S is driving the growth in North America.

The partial-thickness burns are expected to witness the market's highest share due to the increasing usage of biologics in the U.S. Among these, Hospitals usage is projected to witness the highest CAGR over the forecast period, owing to increasing awareness of treatment options

Some of the promising companies operating in the North America Burn Care Market Profiled in the Report 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 United States            

                                6.3 Canada         

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                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. North America Burn Care Market, By Region, From 2021 to 2026 (USD Billion)
  2. North America Burn Care Market, By Type, From 2021 to 2026 (USD Billion)
  3. North America Advanced Market, By Region, From 2021 to 2026 (USD Billion)
  4. North America Biologics Market, By Region, From 2021 to 2026 (USD Billion)
  5. North America Traditional Market, By Region, From 2021 to 2026 (USD Billion)
  6. North America Burn Care Market, By Extent of Damage, From 2021 to 2026 (USD Billion)
  7. North America Minor Burn Market, By Region, From 2021 to 2026 (USD Billion)
  8. North America Superficial Partial Thickness Burn Market, By Region, From 2021 to 2026 (USD Billion)
  9. North America Deep Thickness Burn Market, By Region, From 2021 to 2026 (USD Billion)
  10. North America Burn Care Market, By End Users, From 2021 to 2026 (USD Billion)
  11. North America Hospitals Market, By Region, From 2021 to 2026 (USD Billion)
  12. North America Clinics Market, By Region, From 2021 to 2026 (USD Billion)
  13. North America Home care Market, By Region, From 2021 to 2026 (USD Billion)
  14. United States Burn Care Market, By Type, From 2021 to 2026 (USD Billion)
  15. United States Burn Care Market, By Extent of Damage, From 2021 to 2026 (USD Billion)
  16. United States Burn Care Market, By End Users, From 2021 to 2026 (USD Billion)
  17. Canada Burn Care Market, By Type, From 2021 to 2026 (USD Billion)
  18. Canada Burn Care Market, By Extent of Damage, From 2021 to 2026 (USD Billion)
  19. Canada Burn Care Market, By End Users, From 2021 to 2026 (USD Billion)

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