According to IMARC Group’s latest report, titled “Burn Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global burn care market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.
Industry Definition and Application:
Burn represents an injury to the organic tissues and skin caused by chemical and heat exposure from electrical, thermal, chemical, or electromagnetic energies. It can be treated through traditional over-the-counter (OTC) medicines, advanced dressings, biologics, and skin grafting procedures. These approaches ease pain, avoid infection, remove dead tissue, reduce the risk of scarring, and restore function. As a result, healthcare specialists often prescribe burn care treatments to cure first, second, or third-degree burns after determining the severity of the injury based on its size and depth.
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Market Trends and Drivers:
The rising incidences of burn injuries and the growing demand for biologics, such as skin grafts and tissue-engineered treatments, to improve the appearance of damaged skin are primarily driving the market growth. Moreover, the rising acceptance of alternate dressing options, including alginate, foam, hydrogel, and collagen medications, is favoring the market growth. Additionally, the recent development of wearable smart bandages with sensors for remote monitoring of wounds is impelling the market growth.
The shifting preference for minimally invasive (MI) procedures and the widespread availability of traditional burn care products across diverse distribution channels are propelling the market growth. Besides this, the enforcement of propitious initiatives by non-governmental organizations (NGOs), burn survivor support groups, and injury prevention activists to raise awareness regarding burn care treatments and management solutions amongst the masses is contributing to the market growth.
Competitive Landscape With Key Players:
The competitive landscape of the burn care market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Burn and Reconstructive Centers of America
- Chelsea & Westminster Hospital
- National Burn Center (India)
- North Bristol NHS Trust
- Pediatric Burn Care Center (The General Hospital Corporation)
- The MetroHealth System
- University of Rochester Medical Center
- University of Washington
Key Market Segmentation:
The report has segmented the global burn care market based on facility type, treatment type, burn severity, service type and region.
Breakup by Facility Type:
- In-house
- Standalone
Breakup by Treatment Type:
- Wound Debridement
- Skin Graft
- Traction, Splints and Wound Care
- Respiratory Intubation and Ventilation
- OTC Pain Medications and Bandages
- Blood Transfusion
- Prophylactic Vaccinations and Inoculations
- Rehabilitation
Breakup by Burn Severity:
- Minor Burns
- Partial Thickness Burns
- Full Thickness Burns
Breakup by Service Type:
- Inpatient
- Outpatient
- Rehabilitation
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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