Press release
Comprehensive Nexobrid Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Nexobrid
The increasing prevalence of burn injuries is expected to drive the growth of the Nexobrid market. Burn injuries, caused by occupational hazards and accidents, are rising globally. Nexobrid accelerates the healing of burn wounds by efficiently removing dead tissue, thus improving recovery times. For example, the World Health Organization reported around 180,000 burn-related deaths annually, with the majority occurring in low- and middle-income countries. As the prevalence of burn injuries increases, Nexobrid will see rising demand.
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What is the projected compound annual growth rate (CAGR) of the nexobrid market from 2025 to 2034, and what factors influence it?
The nexobrid market size has grown by XX (HCAGR) in recent years. It is expected to rise from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth can be attributed to the rising prevalence of burn injuries, increased industrial activity and related accidents, growing awareness of advanced burn treatment options, government funding for burn care programs, and expanding healthcare infrastructure in emerging economies.
The Nexobrid market size is expected to see XX% FCAGR in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period is attributed to the rising demand for faster, more effective burn healing solutions, increasing government initiatives for burn care, improved accessibility to advanced treatments, expanded healthcare facilities in low- and middle-income countries, and growing awareness about the benefits of enzymatic debridement. Major trends include the adoption of advanced wound care products, a preference for minimally invasive treatments, AI-driven burn treatment technologies, integration of regenerative medicine in burn recovery, and collaborative partnerships between governments and healthcare providers.
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What are the emerging trends shaping the future of the nexobrid market?
The development of innovative eschar removal pharmaceuticals for convenient, non-surgical burn care is a prevailing trend in the Nexobrid market. Such drugs are formulated to disintegrate dead tissue or eschar that forms over burns or injuries, thereby promoting healing and guarding against infections. These therapies are beneficial in burn treatment as they foster tissue repair and could likely decrease the requirement for surgical debridement. To exemplify, in December 2022, MediWound Ltd., a biopharmaceutical organization based in Israel, disclosed the approval of NexoBrid (anacaulase-bcdb) by the U.S. Food and Drug Administration (FDA) for eschar removal in adults suffering from deep partial-thickness or full-thickness thermal burns. This novel therapy possesses a distinctive proteolytic enzyme composition that swiftly and effectively removes burn eschar within four hours while sparing healthy tissues. Functioning as a non-surgical alternative for burn treatment, NexoBrid provides a fast and effective solution for patients. NexoBrid, with approval in more than 43 countries including the United States, also has the backup of the biomedical advanced research and development authority (BARDA) to augment burn care techniques and boost emergency readiness initiatives.
What are the major segments of the nexobrid market and their role in driving growth?
The nexobrid market covered in this report is segmented -
1) By Formulation: Topical Gel; Spray; Ointment
2) By Clinical Indication: Burn Care; Chronic Wound Care; Trauma Care
3) By Distribution Channel: Hospitals; Ambulatory Surgical Centers (ASCs); Retail Pharmacies; Online Pharmacies
4) By End-User: Adult; Pediatric; Geriatric
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Which regions are key players in the growth of the nexobrid market?
North America was the largest region in the nexobrid market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nexobrid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the nexobrid market?
Major companies operating in the nexobrid market are MediWound Ltd.
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What Is Covered In The Nexobrid Global Market Report?
•Market Size Forecast: Examine the nexobrid market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the nexobrid market for a structured understanding.
•Key Players Overview: Analyze major players in the nexobrid market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the nexobrid market.
•Segment Contributions: Evaluate how different segments drive overall growth in the nexobrid market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the nexobrid market.
•Industry Challenges: Identify potential risks and obstacles affecting the nexobrid market.
•Competitive Landscape: Review strategic developments in the nexobrid market, including expansions, agreements, and new product launches.
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