Burn Care Market Overview

“The global burn care market is expected to grow at 8.7% CAGR from 2023-2030 & to reach above USD 5.1 billion by 2030 from USD 2.9 billion in 2023.”

Burn care is a special medical field that focuses on the prevention and treatment and management of burn-related injuries. Burn injuries can be caused by exposure to radiation, heat chemical or electrical energy and range from mild to severe, with different severity of tissue damage as well as possible complications. Burn treatment is an approach that is multidisciplinary that involves specialists from different fields working together to provide timely and efficient care.

The scope of burn care could include wound treatment as well as pain management, rehabilitation, and prevention of infections in addition to other services. The aim of burn care is to encourage healing, lessen discomfort and complications, as well as enhance the health and quality of life.

The extent of a fire is defined by its size, depth and where it is located. The most common types of burns are first-degree, second degree, as well as third-degree ones. Burns with superficial abrasions that only affect the outermost layer layer of the skin (epidermis). They are marked by pain, redness and slight swelling. Partial-thickness burns cause damage to the epidermis and the sub-underlying surface of your surface (dermis). They can cause blisters severe pain and swelling. Full-thickness burns extend across the entire surface of the skin. They might involve tissues beneath.

They appear as brown, white or black, and may be painless because of nerve injury. Minor burns (first-degree or minor second-degree burns) the first aid should be given within minutes of the injury. This can include cooling the burn using cool water for at minimum 10-20 minutes to lessen the pain and minimize the damage to tissues. But, do not use extreme cold water or ice since they may further damage tissues. The severity of burns or burns on the hands, face feet, genitals major joints, or huge surfaces should be assessed by a medical expert. Furthermore, burns caused by electricity, chemicals, or radiation need immediate medical care. Burns wounds should be cleaned lightly with water and soap as well as any foreign or debris must be eliminated. Based on the degree of the burn appropriate dressings can be used to help protect the burn as well as provide moisture and speed up healing. These dressings could include hydrogels that are non-stick, gauzes that do not stick, Hydrocolloids, and synthetic skin-replacement products.

The advancements made in the field of medical technology has enhanced treatments for burns and products. This includes the creation of new dressings, wound-care methods, and the utilization of modern technologies such as laser treatment, skin grafts and regenerative medical. These innovations have improved the efficacy of care for burns and have contributed to expansion of the market. There is a greater concentration on the outcomes of patients and the quality of life for patients in the field of burn treatment. Healthcare professionals are now focusing on the need for early and effective burn management to prevent complications, lessen inflammation, prevent infections and ensure the best healing.

This shift in emphasis has resulted in a higher need for effective burn therapy treatments and products. The amount spent on healthcare has been rising across the globe, with a focus on treatment for burns. Insurance companies, governments and private individuals are allotting more funds to provide proper treatment and rehabilitation for patients suffering from burns. The increased financial support has led to the development of the market for treatment. The population of the world is ageing and seniors are more susceptible to burn injuries because of factors like a decrease in mobility, reduced vision and an increased risk of sustaining injuries.

This has resulted in a greater need for specific burn treatment products and services specifically designed to meet the requirements of seniors. A number of countries have invested in enhancing their infrastructure for burn care such as burn centers, special units, and skilled healthcare specialists. The dedicated facilities and resources facilitate quick and efficient burn care and drive growth of the market. Medical device and pharmaceutical companies are involved in the research and development process to develop and improve burn products. This includes the creation of new dressings, advanced wound healing techniques, as well as the development of regenerative treatments. Continuous investing into R&D activities has led to the growth of the market for burn care.

Demand Outlook

The market was steadily growing from the year 2018 until 2022, fueled by an increase in burn injuries and a growing awareness of the importance of medications for treating burns. Additionally, advancements in technology and the rising demand for outpatient burn treatment have also contributed to the market increase.

The Covid-19 pandemic that occurred in 2020 caused a huge impact on various sectors, including the healthcare sector. The disruptions in the supply chain slowed hospital admissions, while the delay of elective surgery affected market's growth to a certain degree.

However, the pandemic has led to an increase in burn injuries that result from incidents at home, like accidents during cooking and fires triggered by defective electrical appliances. There is an increasing demand for burn prevention products that are used in homes with care facilities to prevent the need to visit health centers. Additionally, people are seeking online treatment for health-related problems.

The percentage of deaths of children caused by severely burned skin is 7 times greater in middle and low-income countries than those in higher-income countries. According to the WHO (World Health Organization) estimates that more than 173,000 youngsters in Bangladesh each year are moderately or severely burned. Burn is among the most significant health issues facing public health. According to the WHO (World Health Organization) statement, the frequency of burn incidents is greater in low and middle-income nations than developed nations.

In the meantime, until 2022, the market will be expanding and recovering steadily due to the growing demand for products to treat burns and the increasing interest in developing new products. Thus, it is simple to determine that the market has an array of possibilities due to the current expansion patterns that the industry is experiencing.

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Market Dynamics 

Growth Drivers

The high rate of burn injuries and deaths is driving the growth in market.

The high incidence of burn injuries and deaths throughout the world is expected to boost the demand for burn-related products. Burns are the fourth most prevalent kind of trauma in the globe, after crashes, traffic accidents and violence between people. More than five million people seek medical assistance for burns each year. Burns cause around 180,000 deaths in the world each year. The majority of these happen in middle and low-income countries, particularly in regions like South-East Asia. Burn injuries are a major concern in nations like India, Bangladesh, and Nepal. This is resulting in an increase in demand for treatment of burns that is expected to propel the growth of the market over the forecast time.

Trends

New product launches are the most prominent trend on the market.

Leading players in the market are focused on a variety of growth strategies, like new product launches to expand their offerings and capture large market shares. There is a wide range of both local and international players. New product launches can help companies expand their product lines and broaden their offerings to support customers.

For example in February 2021 Nanomedic Technologies Ltd. introduced its Nanomedic wound treatment system that assists in dressing burns by using the use of a synthetic skin. In September of the same year, MiMedx Group Inc. introduced a placental tissue allograft, EpiCord Expandable. This allograft aids healthcare providers to cover twice the damaged area, which is very difficult to heal. This will help in the expansion of the market in the forecast time.

Challenge

The issue of affordability is the main issue facing the healthcare market.

Burn treatment is among the most expensive aspects of healthcare. This is due to lengthy hospital stays, intensive material for surgical and nonsurgical wound treatments and multiple surgeries, as well as long-term rehabilitation, and costly equipment demands. The cost of healthcare per burn victim in countries with high income exceeds $85,000, however, the median cost for healthcare in middle and low-income countries is higher than $5,000. Many victims of burns undergo restorative or reconstructive surgery or receive blood transfusions. undergo skin grafts and be continuously monitored for infections and receive treatment to reduce scarring, and receive various rehabilitative treatments. Thus, they will be liable for significant expenses for their treatment.

In addition, many patients with severe burns require coordination from a multidisciplinary team which includes critical care surgeons plastic surgeons, nurses with specialization psychologists, pediatricians, respiratory therapists, physical social workers, therapists and nutritionists. This leads to an increase in costs. A lot of patients suffering from burns in lower and middle-income nations can't afford the expensive treatment. This will hinder the expansion of the market over the forecast time.

Burn Care Market Segment Analysis

The global market for burn care is classified based on type the depth of burn, the cause, the end user, and location. Based on the type of product the market is split into advanced products for treating burns biologics, traditional care products, as well as other products for treating burns. In terms of the extent of the burn the market is split in minor burns partial thickness burns, as well as full-thickness. The market is split into thermal burns radiation burns, electrical burning, chemical burns as well as friction fires. For the end-user, the market is divided into physician clinics, hospitals as well as home care and various other end-users.

Based on the product type, there are advanced burn care products dominate in the market for burn care. Advanced products for treating burns are developed to encourage faster and more efficient healing, decrease pain and avoid complications like scarring and infections. They often contain modern materials and techniques which provide superior benefits to conventional products. Advanced products for treating burns are by a large amount of research and development efforts which has resulted in items that have proven to be more effective for treating burns. Innovations technological advancements in medicine have led to the creation of novel materials and products that include skin replacements and stem cell therapies and biologics that provide improved healing capabilities and are considered to be advanced burn treatment products.

Based on the end-user industry hospital sector is the dominant segment in the market for burn care. Hospitals usually have specially-designed burn treatment units equipped with the required infrastructure as well as facilities and healthcare specialists to provide comprehensive burn treatment services. These special units provide rapid and efficient care that can result in improved outcomes for patients.

Competitive Landscape of the Burn Care Market

• Smith & Nephew PLC
• Mölnlycke Health Care
• Convatec Healthcare B S.A.R.L.
• Coloplast A/S
• Acelity L.P. Inc.
• Derma Sciences, Inc.
• Medtronic
• MediWound Ltd
• Medline
• 3M
• Hollister Inc.
• Deroyal Industries Inc
• Johnson & Johnson.

Recent Developments in the Burn Care Market

In December 2022, MediWound Ltd announced that NexoBird has received Indian marketing authorization. When NexoBird is administered topically to patients with full-thickness and deep partial burns, nonviable burn tissue is naturally removed.

In June 2022, Medline launched the Opti foam Gentle EX Foam Dressing in an effort to reduce injuries. The product is made up of five separate layers that cooperate to control moisture, reduce friction, and withstand shear stress.

In June 2022, Smith+Nephew revealed that it would construct brand-new research and development and a production center in the United Kingdom for its Advanced Wound Care business.

In October 2021, the findings of a systematic review and meta-analysis of comparative trials of IODOSORB 0.9% Cadexomer Iodine Range were released by Smith+Nephew. The objective was to compare the effectiveness of its IODOSORB 0.9% Cadexomer Iodine Range to the appropriate standard of treatment for chronic wounds.

In January 2021, in collaboration with Movemedical, Smith+Nephew announced the successful launch of their new field sales operations and inventory management system in the United States. The new platform is intended to provide field sales representatives with a more straightforward and effective approach to managing their daily inventory operations. This will eventually enable them to provide better service to their surgical clients.

Regional Insights

The year 2021 was the one in which North America accounted for the biggest share of the Burn Care market. North America has a relatively large number of burn injuries when compared with other areas, leading to an increased demand for items and products. North America has a well-established healthcare system that includes clinics, hospitals, and other health facilities that have specially-designed burn treatment units. The infrastructure is equipped with the latest technology and highly competent healthcare professionals, who will provide quick and efficient treatment to burn patients.

North America is home to several leading manufacturers of top-quality technology and products for treating burns. This has facilitated increased availability and greater acceptance of these technologies and products across the globe.

North America has one of the highest health care spending rates anywhere in the world. This has led to a greater spending on developing and researching innovative and innovative items and products, in addition to more widespread adoption of the latest technologies and products. North America has favorable reimbursement policies for products and services that could make them more accessible to patients as well as health professionals.

The number of geriatrics of North America is growing, and those who are older are more prone for burn-related injuries as well as other complications. This has resulted in a increased demand for burn-related solutions and equipment. There is an increasing awareness regarding the necessity of treating burns and prevention across North America. This has resulted in greater education and professional training for healthcare professionals and an increase in the public's awareness of and preventive initiatives.

In the end, the increased incidence of burn injuries has led to the development of advanced healthcare infrastructure, accessibility of high-tech products and services and higher healthcare expenditures as well as favorable reimbursement policies increasing geriatric populations and a growing awareness and knowledge have contributed to the dominance of North American in the market for burn care.

Segments Covered in the Burn Care Market

Burn Care Market by Product Type

• Advanced Burn Care Products
• Biologics
• Traditional Burn Care Products
• Other Burn Care Products

 

Burn Care Market by Depth of Burn

• Minor Burn
• Partial-Thickness Burns
• Full-Thickness Burns

Burn Care Market by Cause

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

Burn Care Market by End User

• Hospitals
• Physician Clinics
• Home Care
• Other End Users

Burn Care Market by Region

• North America
• Asia Pacific
• Europe
• South America
• Middle East and Africa

Frequently asked questions with answers

What is the worth of the global burn care market?

The global burn care market is expected to grow at 8.7% CAGR from 2023-2030 & to reach above USD 5.1 billion by 2030 from USD 2.9 billion in 2023.

What is the size of North America in the burn care industry?

North America accounted for the largest market in the burn care market. North America held more than 42% of the burn care market revenue share in 2022

 What is the prime factor to drive the global burn care market ahead?

The prime factor to drive the burn care market ahead is the increasing incidence of burn injuries

And growing healthcare expenditure.

 What are the opportunities in the burn care market?

Increasing demand for skin grafts and substitutes this factor will create more opportunities in the burn care market.