Press release
North America Burn Care Market Segmentation and Analysis by Recent Trends, Development and Expected to Reach USD 1,474.24 million by 2024
North America burn care market 2024
The major factors driving the market are 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. The burn care market in the North America region is leading in U.S.
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Market Segmentation:
The North America 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 North America 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 52.9% market share in 2017, growing with a CAGR of 7.2% 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 North America 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 North America 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 42.9% market share and is expected to reach USD 630.98 million by 2024, growing at a CAGR of 7.2% in the forecast period 2017 to 2024.
The North America 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 76.6% market share and is expected to reach USD 1,197.42 million by 2024, growing at the highest CAGR of 8.1% in the forecast period 2017 to 2024.
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Key Drivers:
North America 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.
Key Points:
Acelity L.P. Inc. is going to dominate the North America burn care market following Smith & Nephew and Mölnlycke Health Care AB.
• Advanced Burn Care Products market is expected to dominate the North America burn care market.
• The burn care market in the North America region is leading in U.S.
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Data Bridge Market Research
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