Burn Care Market Is Estimated To Surpass US$ 3,539.5 Million By 2026 With A CAGR 6.1% CAGR

 

Burn Care Market

The Global Burn Care Market Size Was Valued At US$ 2,219.0 Million In 2018, And Is Expected To Witness A CAGR Of 6.1% Over The Forecast Period (2019–2026).

A burn is a type of tissue or skin injury that is brought on by radiation, heat, chemicals, and electricity. The majority of burn cases are caused by fire and hot liquids, however smoking, drinking, and interpersonal aggression are also factors. Pain management, infection control, and maintaining body fluids, electrolytes, and calorie intake during the healing process are all part of burn care. Thermal burns are treated differently from chemical and electrical burns, and chronic wounds are treated with ultrasonic mist therapy. The burn care solutions are used to prevent complications like infections, pain control (morphine), scarring risk, dead tissue removal, and function recovery.

A medication called bacitracin and silver sulfadiazine is used to stop skin infections and germs from growing on open burn wounds. It is projected that the demand will increase as more individuals become aware of the range of treatment choices available for burn care management. Burn Care Market expansion is predicted to be boosted by rising healthcare costs in developing economies and a preference for improved wound care products. The government's national burn injury prevention and management programme is another important growth-promoting factor.

The market's expansion is being hampered by the high cost of modern burn care wound treatments. The Burn Care Market is constrained by reasons such as the absence of quick emergency care in cases of acute burns to prevent complications or even death and infectious complications in grafting treatment. The main tactic used by the players in the burn care industry was product launches. The Top Companies In The Burn Care Market Are Investor AB, 3M Company, B Braun Melsungen AG, Coloplast A/S, Convatec Group Plc, BSN Medical Gmbh, Integra Lifesciences (Derma Sciences), And Medtronic Plc. As Well As Smith & Nephew Plc.

Due to shifting consumer preferences from conventional to advanced burn care treatments and goods as well as favourable government regulations for reimbursement in the region's nations, the North American region dominated the global burn care market in 2019 with a 36% market share. The expansion of R&D projects and government funding for the expansion of the healthcare industry are to blame for this growth. According to the American Burn Association, burn injuries account for more than 60% of acute hospitalizations in the US, thus fueling the market's expansion.

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