Burn Care Market is Expected to Reach US$ 4.43 billion by 2031 at a CAGR of 7.4% During 2024-2031 | 3M, Cardinal Health, Integra LifeSciences.

The global burn care market reached US$ 2.53 billion in 2023 and is expected to reach US$ 4.43 billion by 2031, growing at a CAGR of 7.4% during the forecast period 2024-2031.

Burn Care Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Burn care refers to the medical management and treatment of burn injuries, ranging from minor burns to severe third-degree burns. It involves wound care, pain management, infection prevention, and skin grafting procedures when necessary. Advanced burn care treatments include hydrotherapy, negative pressure wound therapy, and biologic dressings to promote healing. Specialized burn centers and hospitals provide intensive care for critical burn victims, focusing on minimizing scarring and restoring skin functionality. With technological advancements, bioengineered skin substitutes and stem cell therapies are enhancing burn recovery outcomes.

List of the Key Players in the Burn Care Market:

3M, Cardinal Health, Integra LifeSciences, Coloplast Corp, DeRoyal Industries, Smith & Nephew, ConvaTec Inc, Johnson & Johnson, B. Braun Medical Ltd, and Medline Industries.

Industry Development:

In July 2023, Hollister Incorporated launched the Hollister Adaptic Skin Protectant Ointment, designed to protect the skin from friction and maceration. This innovative burn care ointment aims to prevent strain ulcers and other skin injuries, enhancing patient care and recovery.

Market Dynamics:

The global burn care market is driven by several factors, including the high burden of burns in low- and middle-income countries, where they are a leading cause of disability-adjusted life-years (DALYs) lost. According to WHO statistics (October 2023), over 1 million people in India suffer moderate to severe burns annually, while nearly 173,000 Bangladeshi children experience similar burn injuries each year. In Bangladesh, Colombia, Egypt, and Pakistan, 17% of children with burns develop temporary disabilities, and 18% face permanent disabilities. Market growth is further propelled by strategic initiatives from key players, including partnerships, government support, product innovations, and regulatory approvals. Notable developments include the launch of North Kerala's first Skin Bank by the Rotary Club and Aster MIMS in June 2023 to improve access to skin grafting for burn patients. Additionally, the NABICON conference in Ranchi (February 2024) focused on advancing burn management and increasing awareness to enhance treatment outcomes.

Growth Forecast Projected:

The Global Burn Care Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Burn Care Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Burn Care Market:

By Burn Type: Electrical Burn, Thermal Burn, Radiation Burn, Chemical Burn, Others.

By Depth of Burn: Minor Burn, Partial Thickness Burn, Full Thickness Burn.

By Product Type: Advanced Dressing, Foam Dressing, Alginate Dressing, Collagen Dressing, Hydrogel Dressing, Film Dressing, Others, Biologics, Traditional Burn Care Products, Wound Cleansing Products, Wetting Agents, Antiseptic, Moisturizers, Others, Bandages, Gauzes, Medical Tapes, Others.

By End-user: Hospitals & Clinics, Home Care, Ambulatory Surgery Centers, Others.

Regional Analysis for Burn Care Market:

The regional analysis of the Burn Care Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Burn Care market?

➠ Who are the leading manufacturers in the global Burn Care industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Burn Care industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Burn Care market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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