The Global Burn Care Market Size accounted for USD 2.1 Billion in 2021 and is projected to achieve a market size of USD 3.8 Billion by 2030 rising at a CAGR of 7% from 2022 to 2030. The market is driven by growing occurrence of burn-related injuries is expected to drive burn care market growth across the global. According to the National Center for Injury Prevention and Control, burn injuries affect 1.2 million people in the United States each year.
Burn Care Market Report Statistics
Global Burn Care Market Dynamics
Burn Care Market Report Coverage
|Market||Burn Care Market|
|Burn Care Market Size 2021||USD 2.1 Billion|
|Burn Care Market Forecast 2030||USD 3.8 Billion|
|Burn Care Market CAGR During 2022 - 2030||7%|
|Burn Care Market Analysis Period||2018 - 2030|
|Burn Care Market Base Year||2021|
|Burn Care Market Forecast Data||2022 - 2030|
|Segments Covered||By Product, By Depth of Wound, By Cause, By End-User, And By Geography
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Acelity L.P. Inc., Mölnlycke Health Care AB, Smith & Nephew, ConvaTec Inc., Johnson & Johnson, 3M, Hollister Incorporated, Cardinal Health, Integra LifeSciences Corporation, Coloplast Corp., and DeRoyal Industries, Inc.|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
Burn Care Market Growth Factors
Increasing need for skin grafts is also a major development contributor to this industry. Skin grafts are majorly used on partial and full thickness burns and play a significant role in the cure of burn injuries. Skin grafts agree excellent epithelialization owing to the occurrence of basement membrane and show larger control over scaffold composition. They also have benefits over other dressing materials, as they do not require frequent varying. Owing to the above-mentioned benefits, there is high need for skin grafts, which, in turn, is anticipated to bolster the development of the industry.
Burn Care Market Insights
Growing consciousness among people about availability of numerous cure options related to burn care management is expected to bolster industry development. Increasing disposable income in emerging economies and willingness to opt for new and progressive wound care products, particularly in case of patients affected with severe burns are boosting the need.
Burn Care Market Segmentation
The global burn care market is segmented based on product, depth of wound, cause, end-user, and geography.
Burn Care Market By Product
According to our industry analysis of product, advanced dressing sub-segment generated the largest revenue accounting for 45% in 2021. The high growth in the segment is credited to the extensive application and wide product range in wound management. On the other hand, biologics sub-segment is likely to gain significant impetus due to the introduction of new products and wide research & development in this field.
Burn Care Market By Depth of Wound
Based on depth of wound, minor depth of wound was the dominating segment in 2021 and is likely to do so in the coming years. Traditional products used to treat minor burns include gauze, tapes, and bandages. Minor burns are rarely treated with advanced dressings. However, partial thickness burns sub-segment is likely to attain a substantial growth rate during the projected timeframe from 2022 to 2030.
Burn Care Market By Cause
According to the burn care market forecast, thermal burns segment acquired over 2/3rd of the market share in 2021. Scalding is caused by hot liquids or gases and is most commonly caused by bathing or showering in hot tap water, hot cooking oil, steam, or hot drinks. Besides, chemical burns sub-segment is poised to grow with fastest growth rate from 2022 to 2030. Chemical burns occur when chemicals or their fumes and corrosive products, most likely acids, come into contact with the skin.
Burn Care Market By End-Use
As per end-user segment, hospital sub-segment acquired significant market share in 2021 and is expected to continue its trend in the coming years. The increasing prevalence of burn injuries is expected to drive market growth. Furthermore, hospitals offer advanced burn care products, which actively contribute to the hospital segment's overall growth.
Burn Care Market Regional Outlook
The Middle East & Africa
Burn Care Market Regional Analysis
North America captures the largest market share in the market in 2021 credited to the shift from traditional cure products to the progressive wound dressing products. This is owing to the increasing concern toward aesthetic appearance and need for minimally invasive cosmetic surgeries in this region.
Such as, statistics published by the American Society of Plastic Surgeons indicate that in 2017, approximately 17.5 million minimally invasive and surgical cosmetic processes were performed in U.S. The numeral is anticipated to surge over the forecast timeframe. Thus, high need of cosmetic processes is considered to be one of the main contributing factors for the increasing need of biologics to treat wounds, which, in turn, is anticipated to boost the regional industry.
Asia-Pacific is expected to spectator lucrative CAGR in the forthcoming years. Developing economies for instance, China, and India have been experiencing strong economic development. Growing standard of living in these nations has encouraged the need for progressive products and procedures. Increasing disposable income is anticipated to trigger the regional need for cosmetic procedures in near future.
Burn Care Market Players
Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with the Burn care market are Acelity L.P. Inc., Mölnlycke Health Care AB, Smith & Nephew, ConvaTec Inc., Johnson & Johnson, 3M, Hollister Incorporated, Cardinal Health, Integra LifeSciences Corporation, Coloplast Corp., and DeRoyal Industries, Inc.
The market size of burn care market in 2021 was accounted to be USD 2.1 Billion.
The projected CAGR of burn care market during the analysis period of 2022 to 2030 is 7%.
The prominent players of the global burn care market include Acelity L.P. Inc., Mölnlycke Health Care AB, Smith & Nephew, ConvaTec Inc., Johnson & Johnson, 3M, Hollister Incorporated, Cardinal Health, Integra LifeSciences Corporation, Coloplast Corp., and DeRoyal Industries, Inc.
North America held the dominating burn care during the analysis period of 2022 to 2030.
Asia-Pacific region exhibited fastest growing CAGR for burn care during the analysis period of 2022 to 2030.
Growing incidence of burn cases, rising demand for skin graft, rising awareness for treatment options, and growing rate of aging population drives the growth of global burn care market.
Based on product, advanced dressing segment is expected to hold the maximum share burn care market.