Global Burn Care Market: Overview
A burn is a kind of injury to the tissue or skin, which is caused due to radiation, heat, chemicals, and electricity. Normally, fire and hot liquids cause most of the burn cases or smoking, alcoholism, violence among people which may also cause burn cases. Burns are preventable and it can be done through precautions. Superficial burns can be managed with simple pain medication, whereas major burns need prolonged treatment in specialized burn centers. However, light burn can be cooled and the damage can be reduced with a little water, while prolonged cooling may lower body temperature. Partial-thickness burns are needed to be cleaned with disinfectant, followed by dressings. Further, full-thickness burns normally involve surgical treatments, such as skin grafting. Furthermore, extensive burns need the huge amount of intravenous fluid, due to tissue swelling and fluid leakage.
Global Burn Care Market: Growth Factors
Rising number of burn incidences are driving burn care and emergency centers, which in turn is anticipated to boost the global burn care market growth. Growth in the burn care market is mainly due to increase healthcare expenditure and growth in the burn incidences. In addition, increasing government initiatives is expected to foster growth in the global burn care market. Rising awareness among people for treatment options may enhance the global market in a positive way. However, high cost associated with burn care treatments may hinder the global burn care market growth in the future.
Global Burn Care Market: Segmentation
The global market is classified based on the product as biologics, advanced burn care, traditional burn care, and others. The advanced burn care segment is grabbing the market at the significant rate. However, biologics segment shows considerable growth in the global market. Based on the depth of burn, the global market is bifurcated as full-thickness burns, minor, and partial-thickness. Of these, partial-thickness burns segment contributes the largest market share, due to advanced dressings and biologics such as skin grafts and substitutes. Moreover, on the basis of end-users, the global market is fragmented as on the basis of end-users, the burn care market is segmented into physician clinics, hospitals, home care, and others. The hospital’s end-users segment is the leading segment across the world. However, growth in the burn injuries and availability of the advancement in burn care treatments and products may enhance the global market growth.
Global Burn Care Market: Regional Analysis
Geographically, the burn care market is divided as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is one of the fastest growing markets in the global burn care market, which is due to high demand for skin grafts and its substitutes. The U.S. is growing at significant rate across the world. Asia Pacific is also emerging as a niche market for burn care, owing to growth in the advanced dressings.
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Global Burn Care Market: Competitive Players
Major players dominating the global burn care market are Derma Sciences, Inc., Coloplast A/S, Mölnlycke Health Care, and Acelity L.P. Other key players in the global market are Smith & Nephew plc, Medtronic, 3M Company, and Convatec Inc.