Burn Care Market Growth Analysis | North America to Lead the Market through 2023-2027
The Burn Care Market is estimated to exhibit growth at a CAGR of 5.27% between 2022 and 2027 followed by USD 843.34 million market revenue. Increased incidences of burn injuries and related deaths, advances in burn care treatments, and an increase in demand for cosmetic surgeries by burn patients are propelling the market expansion of the Burn Care Market.
Technavio has been monitoring the Global Burn Care Market and has captured the growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Unlock sample report on "Burn Care Market by Therapy, Type, and Geography - Forecast and Analysis - 2023-2027"
North America to dominate market growth of the Burn Care Market: 35% of the market growth will be from North America to the global market during the forecasted period due to elements like the strong presence of core companies, increasing adoption of advanced burn care products such as skin grafts and advanced dressings, high awareness about advanced burn care treatments among end-users, high spending on healthcare infrastructure, and high prevalence of burn cases in the region. Moreover, the region is also witnessing a substantial amount of investment in R&D.
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As per the latest figures, there exist more than 120 self-designated specialized burn care facilities in the US, and there are more than 20 burn centers in Canada. The US also has more than 100 accredited tissue banks that collect tissue from many donors and distribute it to most of the patients undergoing allografts procedures.
M Co., Acme United Corp., Anika Therapeutics Inc., B. Braun SE, BIOSKINCO SA DE CV, Boiron SA, Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, DeRoyal Industries Inc., Dynarex Corp., Essity Aktiebolag, Integra Lifesciences Holdings Corp., Johnson and Johnson, KCI Technologies Inc., etc are some of the prominent names in the market landscape.
Organisations like Vericel Corp. offer burn care such as Epicel. Through its single reporting segment, the company offers research, product development, manufacturing, and distribution of cellular therapies for use in the treatment of specific diseases. Track down a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus along with qualitative and quantitative analyses of companies with a wider understanding of the business ecosystem.
Technavio's report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. Request for our best-selling sample report today.
Burn Care Market: Key Highlights of the Report for 2023-2027