Press release
Burn Care Market Growth +3,253.99 million of Europe region is leading in Germany Industry Research Analysis 2018: Acelity L.P. , Smith & Nephew and Mölnlycke Health Care AB.
Europe Burn Care Market 2024
New report of Europe Burn Care Market is expected to reach USD 862.80 million by 2024 from USD 527.65 million in 2016, at a CAGR of 6.4% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Burn Care Market is expected to reach 3,253.99 million by 2024 from 1,911.77 million in 2016, at a CAGR of 7.0% in the forecast period 2017 to 2024.
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Europe Burn Care Market Key Points:
• Acelity L.P. Inc. is going to dominate the Europe burn care market following Smith & Nephew and Mölnlycke Health Care AB.
• Advanced Burn Care Products market is expected to dominate the Europe burn care market.
• The burn care market in the Europe region is leading in Germany.
Market Segmentation: Europe Burn Care Market
• The Europe burn care market is segmented on the basis of product type, depth of burn, end user and distribution channel.
• On the basis of product type, the Europe burn care market is segmented into advanced burn care products, biologics, traditional burn care products, and other burn care products. The burn care market is dominated by advanced burn care products with 55.3% market share in 2017, growing with a CAGR of 6.5% in the forecast period. Advanced burn care products are sub segmented into foam dressings, hydrogels, film dressings, alginates, wound contact layer, hydrocolloid, collagen, and others. Traditional burn care products are sub segmented into dressings, and tapes.
• On the basis of depth of burn, the Europe burn care market is segmented into partial-thickness burns, minor burns, and full-thickness burns. In 2017, partial thickness burns market segment is expected to dominate the global burn care market with 70.2% market share and is expected to reach USD 1,048.03 million by 2024, growing at the highest CAGR of 7.4% in the forecast period 2017 to 2024.
• On the basis of end user, the Europe burn care market is classified into hospitals, burn care centres, homecare, clinic, and others. In 2017, hospitals segment is expected to dominate the global burn care market with 71.4% market share and is expected to reach USD 627.69 million by 2024, growing at a CAGR of 6.7% in the forecast period 2017 to 2024.
• The Europe burn care market is segmented on the basis of distribution channel into direct tender, and retail. In 2017, direct tender segment is expected to dominate the global burn care market with 44.6% market share and is expected to reach USD 380.74 million by 2024, growing at the highest CAGR of 6.3% in the forecast period 2017 to 2024.
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Europe Burn Care Market Key Drivers:
Europe is the growing market for burn care market. The growth in this market is due to increasing incidence of burn injuries, advancements in burn care products, rising number of emergency centres and burn units, increasing healthcare expenditure, rising investments in healthcare infrastructure.
This Europe Burn Care Market Report provides:
1) An overview of the Europe market for Burn Care Market and related technologies.
2) Analyses of europe market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Europe Burn Care Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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