Burn Care Market To Witness A Significant Growth Of USD 4.22 Billion By 2030

Posted by Neha Bora on April 22nd, 2024

San Francisco, 22 April 2024: The Report Burn Care Market Size, Share & Trends Analysis Report By Product (Advanced Dressings, Biologics), By Depth Of Burn (Minor, Partial Thickness), By Cause, By End-use (Hospitals, Outpatient Facilities), By Region, And Segment Forecasts, 2024 - 2030

The global burn care market size is expected to reach USD 4.22 billion by 2030, expanding at a CAGR of 7.18% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing incidences of burn injuries are anticipated to fuel the demand for cost-effective treatment over the forecast period. For instance, according to NIH report (published in 2022) about 450,000 patients received treatment for burns annually, and about 30,000 require admission to burn centers.

As per the same source, 96.0% of fatal fire-related burns occur in low to middle-income countries. According to the data published by the NIH, on average, 265,000 deaths are caused by burns every year. The majority of these deaths occur in low to middle-income countries and half of them occur in South East Asia. Moreover, around 1,000,000 people in India are moderately or severely burnt and around 173,000 children in Bangladesh are burnt each year.

It also reported that in the U.S., approximately 4,500 burn victims die annually and 10,000 die due to burn-related infections. Owing to this substantial increase in the number of burn incidences, the patient population for burn care and treatment has increased. This, in turn, is expected to drive market growth over the forecast period. Furthermore, due to the rising incidences of burns, the demand for treatment options is increasing and as a result, the overall healthcare expenditure on burn care is increasing.

Treatment options for burn care include advanced dressings, biologics, traditional burn care products, and others. The foam dressings developed from semipermeable polyurethane are waterproof and can be used on heavily exuding wounds. As a result of which they are preferred over normal dressings which are not waterproof and need to be changed regularly. 

Access Research Report of Burn Care Market @ https://www.grandviewresearch.com/industry-analysis/burn-care-market

Burn Care Market Report Highlights

• Based on product, the advanced dressing segment dominated the market in 2023, owing to the wide product range and extensive application in wound management.
• Based on the depth of wound, full thickness burns segment is expected to dominate the market during the forecast period, owing to rising number of government and non-government organizations for burn care treatment
• Based on cause, thermal burns segment accounted for the largest revenue share in 2023 owing to a high incidence of fire-related burn injuries
• Based on the end-use, hospitals dominated the market, owing to the increasing incidence of burn injuries and hospitalizations each year.
• North America dominated the global market with the highest revenue share in 2023, owing to the increasing incidence of burns.

Burn Care Market Report Scope

List of Key Players in Burn Care Market

• 3M
• Hollister Incorporated
• Cardinal Health
• Integra LifeSciences Corporation
• Coloplast Corp.
• DeRoyal Industries, Inc.
• Smith & Nephew
• ConvaTec Inc.
• Mölnlycke Health Care AB.
• Johnson & Johnson

Access Press Release of Burn Care Market @ https://www.grandviewresearch.com/press-release/global-burn-care-market