Global Burn Care Products and Accessories Market Size, Share and Trends Analysis Report, By Product Type (Advanced Dressing, Biologics, and Antiseptic Creams & Sprays) and By End-user (Hospitals and Clinics), Forecast (2022-2028)
The global burn care products and accessories market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period (2022-2028). The major factor attributing to the growth of the global burn care products and accessories market is the increasing cases of burns globally. According to the World Health Organisation (WHO), around 180 thousand mortalities are recorded every year due to burns. Among these, the majority occurs in low and middle-income countries. Country-wise, around 100 thousand people in India and around 173 thousand people in Bangladesh gets severely burnt every year. These burns are caused due to various reasons, including the domestic role of cook in the kitchen, the use of chemicals, kerosines, and others. Furthermore, the incidents of burns in workplaces related to fire such as the furnace, mechanical, manufacturing, chemical, and other industries are increasing the demand for burn care products and accessories.
In addition, the application of burn care products and accessories in acid attacks is also increasing for the treatment and relaxation of pain due to burns. According to Acid Attack Survivor Trust (AAST) International, around 1.5 thousand acid attacks are recorded every year. Among these, 80% of the acid attacks are on women. The data is shown about the 40% cases registered and 60% of the cases are considered to be unreported every year. Furthermore, the increasing cases of burns due to frostbite in countries experiencing very cold temperatures are increasing the demand for burn care products and accessories.
Some major players in the market include Smith & Nephew Healthcare, 3M, Baxter International, Inc., Integra LifeSciences Corp., and ConvaTec Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in September 2020, MediWound Ltd. got approval from the US Food and Drug Administration (FDA) for Biologics License Application (BLA) for NexoBrid. NexoBrid can be used for the treatment of partial-thickness or full-thickness thermal burns in adults. Furthermore, in June 2021, the US FDA had approved the StrataGraft, which is a substitute of skin tissue (combination of two human skin cells, keratinocytes, and dermal fibroblasts) that can be used for the treatment of thermal burns containing dermal elements in adults.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By End-user
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Smith & Nephew Healthcare, 3M, Baxter International, Inc., Integra LifeSciences Corp., ConvaTec Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Burn Care Products and Accessories Market Report by Segment
By Product Type
- Advanced Dressing
- Biologics
- Antiseptic Creams and sprays
By End-user
- Hospitals
- Clinics
Global Burn Care Products and Accessories Market Report by Region
North America
- The United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The report will be delivered within 48-72 hours after payment confirmation