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Profitable Strategic Report on Burn Care Treatment Market With Included Analysis of New Trends, Updates, and Forecast to 2028
The Worldwide “Burn Care Treatment Market” Report has continued to grow over the past few years and is projected to grow at a good pace during the forecast period of 2022-2028 . This research provides 360-degree views and insights and highlights key achievements in the Burn Care Treatment industry. In particular, it sheds light on market fluctuations, price structure, uncertainties, potential risks and growth prospects to help players plan effective strategies to be successful in the Burn Care Treatment market. These insights help business decision makers develop better business plans and make informed decisions to improve profitability.Market Overview:
Burn treatment products such as the following are designed to help the patient after the treatment to heal faster. There are different types of this type of product available in the market and the most common ones are the woolen, cotton, and fleece types. Each of these types of products is designed to promote skin recover faster. They are good for those who have burns on their legs or arms. Some of the other products available in the market are creams and lotions.
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Growing burn cases around the globe is a prime factor fueling the market growth of burn treatment products. According to the World Health Organization, an estimated 180 000 deaths every year are caused by burns – the vast majority occur in low- and middle-income countries. Burns occur mainly in the home and workplace. Increasing expenditure on the healthcare industry is another major factor propelling the market growth of burn treatment products. According to the same sources global spending on health care sector was US$ 7.8 trillion in 2017, or about 10% of GDP and $1,080 per capita – up from US$ 7.6 trillion in 2016. Also, the advent of advanced dressings and biologics will further favor the market growth of the burn treatment products over the forecast period. For instance, foam dressings which is produced from semipermeable polyurethane are waterproof and are widely treat heavily exuding wounds.
North America is expected to gain significant growth over the forecast period and this is attributed to high cases of burn cases in the region. According to the Centers for Disease Control and Prevention, up to 10,000 people in the United States die every year of burn-related infections and each year in the United States, 1.1 million burn injuries require medical attention
Key Developments:
1. In July 2018, American biopharmaceutical company Oculus Innovative Sciences, Inc has tied up with India’s Genetix Biotech Pvt Ltd to launch the Microcyn Technology platform such as Microdacyn60, Microcyn Skin, and Wound HydroGel in India. The products are intended for the management of exudating wounds such as leg ulcers, diabetic ulcers, first- and second-degree burns, and surgically debrided wounds
2. In January 2019, Avita Medical a regenerative medicine company announced that it has commenced the U.S. national market launch of the RECELL® Autologous Cell Harvesting Device (RECELL® System) for the treatment of acute thermal burns in patients 18 years and older.
List of Top Key Players in the global Burn Care Treatment market:
✪ Smith and Nephew
✪ 3M Company
✪ Baxter International
✪ Convatec
✪ Derma Science
✪ Medtronic
✪ Molnlycke healthcare
✪ Coloplast
✪ Johnson & Johnson (Ethicon)
✪ Hollister
✪ Acelity
Segment Analysis:
By the Product Type, the market is primarily segmented into:
✪ Advanced Dressing
✪ Biologics
✪ Traditional Products
✪ Others
By Applications, the market is segmented into:
✪ Hospitals
✪ Clinics
✪ Others
The global Burn Care Treatment market, based on different geographic regions, is divided as follows:
➤ North America (the United States, Canada, and Mexico)
➤ Europe (Germany, France, UK, Russia, and Italy)
➤ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
➤ South America (Brazil, Argentina, Colombia, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Here we have mentioned some vital reasons to purchase this report:
➤ Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
➤ Reports provide opportunities and threats faced by suppliers in the Burn Care Treatment industry around the world.
➤ The report shows regions and sectors with the fastest growth potential.
➤ A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
➤ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
➤ This report provides the industry’s current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. We strive to offer a sapient solution, expert consultations, and tailored/customized solutions.
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