Global Burn Care Market Size, Share, and COVID-19 Impact Analysis, By Product (Advanced Dressing, Biologics, Traditional Burn Care Products, and Others), By Depth of Burn (Minor Burns, Partial Thickness Burns, Full Thickness Burns), By Cause (Thermal Burns, Electrical Burns, Radiation Burns, Chemical Burns, Friction Burns), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Healthcare

RELEASE DATE Aug 2024
REPORT ID SI5803
PAGES 287
REPORT FORMAT PathSoft

Global Burn Care Market Insights Forecasts to 2033

  • The Global Burn Care Market Size was Valued at USD 2.41 Billion in 2023
  • The Market Size is Growing at a CAGR of 7.3% from 2023 to 2033
  • The Worldwide Burn Care Market Size is Expected to Reach USD 4.88 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

 

Global Burn Care Market

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The Global Burn Care Market Size is Anticipated to Exceed USD 4.88 Billion by 2033, Growing at a CAGR of 7.3% from 2023 to 2033.

 

Market Overview

Burn care is a medical treatment for injuries to the skin or other tissues caused by heat, chemicals, electricity, radiation, or friction. Burns can range from minor, superficial wounds to severe, life-threatening injuries that affect multiple layers of tissue. Effective burn care promotes healing, reduces scarring, and avoids complications like infections. The treatment process usually begins with determining the burn's extent and depth, often classified as first-degree, second-degree, or third-degree burns. First-degree burns only affect the skin's outer layer, whereas second-degree burns penetrate deeper, causing blistering and severe pain. Third-degree burns are the most severe, involving all layers of the skin and occasionally underlying tissues, resulting in nerve damage and loss of sensation. Initial treatment consists of cooling the burn, cleaning the wound, and applying appropriate dressings to protect the area. Pain management is an important aspect of burn care, as is using topical ointments or antibiotics to prevent infection. In more severe cases, surgical procedures such as skin grafting may be required to repair the damaged skin. Long-term care frequently includes physical therapy and rehabilitation to restore function and mobility, as well as psychological support to help patients deal with the emotional consequences of their injuries.

 

Report Coverage

This research report categorizes the market for the global burn care market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global burn care market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global burn care market.

 

Global Burn Care Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 2.41 Billion
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :7.3%
2033 Value Projection:USD 4.88 Billion
Historical Data for:2019 - 2022
No. of Pages:287
Tables, Charts & Figures:110
Segments covered:By Product, By Depth of Burn, By Cause, By Region
Companies covered:: 3M, Hollister Incorporated, Cardinal Health, Integra LifeSciences Corporation, Coloplast Corp., DeRoyal Industries, Inc., Smith & Nephew, ConvaTec Inc., Mölnlycke Health Care AB., Johnson & Johnson, Boiron USA, Areza Medical, Safe n Simple, LLC, Acelity LP, Dynarex Corporation, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, and Analysis

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Driving Factors

Increased demand will accelerate the market's growth

The most significant factor driving this market's growth is an increase in the incidence of burn injuries. The increased demand for skin grafts and their substitutes will accelerate the market's overall growth. Also, rising demand for minimally invasive procedures and favorable government initiatives like reimbursement policies are expected to drive market growth. Still, increased patient awareness of burn care treatment and management helps to cushion the market's growth over the forecasted period. Additionally, technological advancements in burn care products are expected to create lucrative opportunities in the market. The widespread availability of traditional burn care products, combined with people's increasing willingness to spend more and choose new advanced burn care products, will drive the burn care market's growth rate in the future.

 

Restraining Factors

High Prices

The high cost of advanced burn care products, as well as the high costs of progressive treatments, limit the market growth.

 

Market Segmentation

The global burn care market share is classified into product, depth of burn, and cause.

  • The advanced dressing segment is expected to hold the largest share of the global burn care market during the forecast period.   

Based on the product, the global burn care market is categorized into advanced dressing, biologics, traditional burn care products, and others. Among these, the advanced dressing segment is expected to hold the largest share of the global burn care market during the forecast period. This is due to the wide product range and extensive application in wound management, which includes a diverse range of advanced dressings such as collagen, alginate, hydrocolloid, foam, hydrogel, film, and other advanced dressing products. Also, advanced products like ConvaTec's FoamLite foam dressing, which can be used on a variety of low to heavy exuding wounds, help to drive industry growth.

 

  • The full thickness burns segment is expected to grow at the fastest CAGR during the forecast period.  

Based on the depth of burn, the global burn care market is categorized into minor burns, partial thickness burns, and full thickness burns. Among these, the full-thickness burns segment is expected to grow at the fastest CAGR during the forecast period. According to a World Health Organization (WHO) report published in October 2023, burns kill approximately 180,000 people each year. The burn care market growth is accelerated by the increasing efforts of both governmental and non-governmental organizations focused on burn care treatments.

 

  • The thermal burns segment is expected to grow at the fastest CAGR during the forecast period. 

Based on the cause, the global burn care market is categorized into thermal burns, electrical burns, radiation burns, chemical burns, and friction burns. Among these, the thermal burns segment is expected to grow at the fastest CAGR during the forecast period. According to the American Burn Association (ABA), fire-related burns make up 44.0% of all admissions to burn centers. Scald injuries, which occur when the skin comes into contact with hot liquids or gases, are another common cause of burns. These injuries frequently happen during routine activities such as bathing, where exposure to excessively hot tap water can cause significant damage. Also, scalds can result from accidental contact with boiling cooking oil, steam from pots and kettles, or hot beverages like coffee and tea. Thermal burns can be particularly severe, often affecting large areas of the body, and are a major reason for hospital visits, especially among vulnerable groups such as children and the elderly.

 

Regional Segment Analysis of the Global Burn Care Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is projected to hold the largest share of the global burn care market over the forecast period.

 

Global Burn Care Market

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North America is projected to hold the largest share of the global burn care market over the forecast period. This dominance can be attributed to rising public awareness of burn treatment options and increased disposable income. Additionally, North America's largest market share can be attributed to supportive healthcare reimbursement policies and government reforms.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global burn care market during the forecast period. This growth is being driven by a combination of factors, including increased awareness of burn care, an increase in burn injuries as a result of industrialization and injuries, and the expansion of healthcare centers in countries such as China and India. Additionally, growing recognition of R&D, combined with the availability of cost-effective treatment alternatives, is propelling the Asia Pacific region to the forefront of burn care market growth.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global burn care market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • 3M
  • Hollister Incorporated
  • Cardinal Health
  • Integra LifeSciences Corporation
  • Coloplast Corp.
  • DeRoyal Industries, Inc.
  • Smith & Nephew
  • ConvaTec Inc.
  • Mölnlycke Health Care AB.
  • Johnson & Johnson
  • Boiron USA
  • Areza Medical
  • Safe n Simple, LLC
  • Acelity LP
  • Dynarex Corporation
  • Others

 

Key Market Developments

  • In March 2023, Convatec's InnovaBurn placental extracellular matrix medical device was cleared by the United States Food and Drug Administration for the treatment of complex surgical wounds and burns, including partial-thickness second-degree burns.

 

  • In January 2023, Convatec Group PLC launched Convafoam, an advanced foam dressing, in the United States. The product is designed to meet the needs of both patients and healthcare providers. It can be used to treat a variety of wounds at any stage of the healing process, making it the most versatile dressing for skin protection and wound management.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global burn care market based on the below-mentioned segments: 

 

Global Burn Care Market, By Product

  • Advanced Dressing
  • Biologics
  • Traditional Burn Care Products
  • Others

 

Global Burn Care Market, By Depth of Burn

  • Minor Burns
  • Partial Thickness Burns
  • Full Thickness Burns

 

Global Burn Care Market, By Cause

  • Thermal Burns
  • Electrical Burns
  • Radiation Burns
  • Chemical Burns
  • Friction Burns

 

Global Burn Care Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.What is the CAGR of the global burn care market over the forecast period?
    The Global Burn Care Market Size is Expected to Grow from USD 2.41 Billion in 2023 to USD 4.88 Billion by 2033, at a CAGR of 7.3% during the forecast period 2023-2033.
  • 2.Which region is expected to hold the highest share in the global burn care market?
    North America is projected to hold the largest share of the global burn care market over the forecast period.
  • 3.Who are the top key players in the burn care market?
    The top key players in the global burn care market are 3M, Hollister Incorporated, Cardinal Health, Integra LifeSciences Corporation, Coloplast Corp., DeRoyal Industries, Inc., Smith & Nephew, ConvaTec Inc., Mölnlycke Health Care AB., Johnson & Johnson, Boiron USA, Areza Medical, Safe n Simple, LLC, Acelity LP, Dynarex Corporation, Others.

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