Global Burn Care Market Status and Prospect, Forecast 2018 to 2026

Global Burn Care Market Status and Prospect, Forecast 2018 to 2026

Burns are injuries to tissues caused by heat, friction, electricity, radiation, or chemicals. The extent of injury is determined by the length of exposure and characterized based on severity of tissue damage. Burn treatment includes relieving pain, preventing infection, and maintaining body fluids, electrolytes, and calorie intake during the healing process. Treatment for chemical and electrical burns differs from treatment of thermal burns.

Explosion or mishaps occurred in chemical industries and fire accidents in residential and commercial sectors which results in major burns are major factors driving growth of the global burn care market globally. In addition, increasing number of patients suffering from several burns caused by bomb blasts due to terrorist activities or war is another factor propelling growth of the global burn care market. Moreover, growing awareness about availability of efficient and effective products and treatments coupled with advancements in burn care products are other factors expected to propel growth of the global burn care market over the forecast period.

However, high cost of products is a key factor restraining the growth of the global burn care market. Additionally, infectious complications in grafting treatment is another factor expected to hamper growth of the global burn care market over forecast period.

The global burn care market report has been segmented on the basis of product, depth of wound, end-user, and region. On the basis of region, global burn care market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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North America dominates the global burn care market owing to changing preferences from traditional products to advanced burn care treatments and products and favorable government policies for reimbursement in countries in the region. The market in Asia Pacific is expected to register the highest CAGR in terms of revenue, owing to growing awareness regarding availability of new and advanced treatments and rising spending capacity are some factors expected to drive growth of the burn care market in the region over the forecast period. The market in Europe is expected to witness moderate growth during the forecast period.

Key players in the global burn care market include Smith & Nephew plc, Mölnlycke Health Care AB, Convatec Inc., Acelity L.P. Inc., Coloplast Pty Ltd., Derma Sciences Inc., Medtronic, Inc., 3M Company, Integra LifeSciences Corporation, Johnson & Johnson Services, Inc., and BSN medical GmbH.

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