Burn care Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 the global Burn care market was valued at US$ 1.64 Bn in 2016, and is expected to reach US$ 2.87 Bn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.
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According to world health organization (WHO), approximately 265,000 deaths every year are caused by burns, generally occurring in low and middle income countries. Rising incidence of burn, availability of advance treatment, rising number of emergency centers and government initiatives to develop the strategies for improving care are prime factors driving the growth of burn care market globally. For the purpose of study, burn care market is segmented on the basis of product type such as advanced burn care products, biologics and traditional burn care products.
Market Competition Assessment:
The Burn care market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as 3M Company, Acelity L.P. Inc., Coloplast A/S, ConvaTec Inc., Derma Sciences, Inc., Hollister, Inc., Medtronic Plc., Molnlycke Health Care, Smith & Nephew PLC., Smith & Nephew plc. and other.
Key Market Movements:
– Factors such as increase in incidence of burn, rising awareness regarding treatment options, increasing number of emergency centers and burn units, advancement in treatments options such as reconstructive surgery and skin graft and increased healthcare expenditure are primarily driving the market growth globally.
– Due to the high number of unmet needs, vendors in the market are focusing on innovation and technological advances in treatment, this would further influence the growth of burn care market during forecast period.
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Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
Chapter 2 Executive Summary
2.1 Global Burn Care Market Snapshot
2.2 Global Burn Care Market, by Product Type, 2016 (US$ Bn)
2.3 Global Burn Care Market, by Severity of Burn, 2016 (US$ Bn)
2.4 Global Burn Care Market Share, by Geography, 2016 (Value %)
Chapter 3 Burn Care Market Analysis
3.1 Global Burn Care Market Overview
3.2 Market Dynamics
3.2.1 Market Drivers
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