Burn Care Market Analysis - North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, China, Japan - Size and Forecast 2023-2027

Burn Care Market Forecast 2023-2027

The Global burn care market is estimated to grow by USD 843.34 million at a Compound annual growth rate (CAGR) of 5.27% between 2022 and 2027. 

The market's trajectory hinges on multiple factors, notably the alarming prevalence of burn injuries and associated fatalities, driving the need for enhanced treatments. Technological advancements have ushered in promising solutions, augmenting the prospects for burn patients. Additionally, there's a notable uptick in demand for cosmetic surgeries among individuals recovering from burns, further propelling market expansion. As the market evolves, stakeholders are poised to capitalize on these trends, leveraging innovative approaches to cater to the diverse needs of this segment. This confluence of factors underscores the dynamic nature of the market and its potential for substantial growth.

What will be the size of the Market During the Forecast Period?

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From partial burns to severe injuries, advancements in wound care technologies offer hope amid the agony of excruciating pain. Burn ointments, healing gels, and specialized creams aid in the recovery process, facilitating the regeneration of new skin cells and tissues. However, beyond individual cases, burn care also encompasses broader public health issues, with disparities in access and outcomes particularly notable in high-income settings. Regulatory frameworks play a crucial role in ensuring quality care, especially concerning diverse burn types like electrical, electromagnetic, or thermal energy burns, which vary in severity and depth. From first-degree to third-degree burns, effective burn care items and techniques, including dead tissue removal, are vital for optimizing patient outcomes and mitigating long-term complications.

Market Dynamics and Customer Landscape

 

In the realm of burn care, regulatory oversight from the FDA ensures the safety and efficacy of treatments, reflecting a collective willingness to spend on advancing solutions like Convafoam and product enhancement. Effective documentation is paramount in navigating the burn wound dressings market and implementing burn care therapy for varying degrees of burns, from partial to life-threatening ones. Collaborations with nonprofit groups drive innovation in advanced burn care solutions, including synthetic products, 3D-printed skin grafts, and regenerative therapies, addressing the burden of burn-related deaths and incidents. Through meticulous pipeline analysis and public health studies, insights emerge to mitigate thermal burns and support first aid, reducing the prevalence of child fatalities and enhancing patient care. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The high incidence of burn injuries and related deaths is notably driving the market growth. The high incidence of burn injuries and related deaths across the world is estimated to increase the demand. Burn is the fourth most common type of trauma across the world, following traffic accidents, falls, and interpersonal violence. More than five million patients seek medical help for burns annually. Burns account for approximately 180,000 deaths around the globe every year. The majority of these occur in low- and middle-income countries, especially in regions such as South-East Asia. Burn injuries are highly prevalent in countries such as India, Bangladesh, and Nepal. This is leading to an increased demand for treatments, which, in turn, will drive the growth of the market during the forecast period.

Significant Trend

New product launches are the primary market trends. Prominent players in the market are primarily focusing on various growth strategies, such as new product launches, to broaden their landscapes and garner large market shares. The market has the presence of international and local players. New product launches help companies strengthen their product offerings and enhance diversification in supporting the end-users. For instance, in February 2021, Nanomedic Technologies Ltd. launched its Nanomedic wound care system that helps in dressing burn wounds with an artificial skin layer. Similarly, in September 2020, MiMedx Group Inc. launched a placental tissue allograft, EpiCord Expandable. This allograft helps healthcare providers to cover twice the wounded area, which is difficult to heal. Such factors will contribute to the market growth and trends during the forecast period.

Major Challenge

The affordability issue is the major challenge in the market. Burn care is one of the most expensive areas of healthcare. This is due to long hospital stays, material-intensive surgical and nonsurgical wound care, multiple operations, long-term rehabilitation, and expensive equipment requirements. The mean healthcare cost per burn patient in high-income countries is more than USD 85,000, whereas the mean healthcare cost in low and middle-income countries is more than 5,000. Many burn victims undergo reconstructive or restorative surgery, receive blood transfusions, get skin grafts, be closely monitored for infections, receive treatments to minimize scarring, and undergo a range of rehabilitative therapies. Hence, they have to incur a significant amount of costs for their treatments.

Additionally, many patients with severe burns require coordinated efforts from a multidisciplinary team, including critical care surgeons, plastic surgeons, specialized nurses, psychologists, pediatricians, physical therapists, respiratory therapists, social workers, and nutritionists. This subsequently results in cost escalation. Many burn patients from low and middle-income countries cannot afford this expensive treatment. Such factors will inhibit the growth of the market during the forecast period.

Key Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth and forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Burn Care Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Vericel Corp. - The company offers burn care products such as Epicel. 

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

• 3M 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.

Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

 

In the landscape of healthcare, addressing burn injuries is a critical endeavor, underscored by the FDA and CE marking standards ensuring safety and efficacy of treatments like tilapia skin and skin substitutes. With the incidence of burns persisting as a public health concern, technological advancements drive innovations in burn wound care therapeutics such as hydrogels and foam dressings, crucial for faster healing and infection prevention. Amidst the post-pandemic era, emphasis on online counselling and telehealth aids in reaching wound care patients efficiently, reducing hospitalization and emergency room admissions. Nonprofits play a pivotal role in information dissemination and advancing burn care solutions, promoting public awareness and risk minimization in treating thermal, electrical, and chemical burns. With insights from pipeline and pricing analysis, the burn care market continues to evolve, offering pain relief, scarring prevention, and function restoration, enhancing patient outcomes.

By Therapy

The market share growth of the advanced burn care segment will be significant during the forecast period. The advanced segment includes alginate dressing, collagen dressing, foam dressing, hydrocolloid dressing, hydrogel dressing, wound contact layers, and film dressings. The segment is expected to grow fastest under the treatment type in the market during the forecast period. This is due to the development of products by companies such as ConvaTec's FoamLite foam dressing, which allows the treatment of low to high-severe wounds. 

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The advanced burn care segment was valued at USD 1.45 billion in 2017 and continued to grow until 2021. The increasing prevalence of burn injuries and wounds has increased the demand for dressing across the world. The significant need for dressings has encouraged Companies to conduct research and develop novel dressings with advanced technologies that provide higher protection and rapid healing. For instance, in November 2021, researchers at the University of South Australia developed stimuli-responsive dressings that could safely reduce infection and stimulate healing. Such factors are expected to contribute significantly to the growth of the segment, which, in turn, will propel the growth of the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America dominated the market in 2022 and is expected to dominate the market during the forecast period. Factors such as the strong presence of major key Companies, increasing adoption of 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 have fueled the growth of the market in the region.

According to the latest figures, there were more than 120 self-designated specialized facilities in the US, and there were more than 20 burn centers in Canada. The US also has more than 100 accredited tissue banks that collect tissue from a large number of donors and distribute it to a majority of the patients undergoing allografts procedures. In addition, many countries in this region have increased their R&D spending on burn care. 

Market Analyst Overview

The global market is witnessing remarkable growth, driven by advancements in treatment options and technological innovations. Telehealth platforms facilitate remote consultations with doctors and clinicians, improving access to care. Wearable devices with sensors, developed in collaboration with institutions like the National University of Singapore, offer monitoring solutions for chronic wounds.

Advancements in burn care therapies are paramount, especially considering the incidence of burns and the subsequent demand for effective treatments. Technological breakthroughs and regulatory standards such as FDA approval and CE marking ensure the safety and efficacy of products like tilapia skin and skin substitutes. From home settings to healthcare facilities, the post-pandemic era emphasizes the importance of burn wound care therapeutics like hydrogels and foam dressings for faster healing and infection prevention. Companies like Cardinal Health play a vital role in supplying essential burn care products, including skin grafts and collagen dressings, meeting the diverse needs of surgeons and healthcare providers in the burn care market.

Reimbursement policies support the adoption of advanced wound care products, endorsed by organizations like the WHO and American Burn Association. Market leaders continuously enhance their product offerings, while government and non-profit organizations work to address the challenges associated with burn injuries, ranging from minor burns to chronic wounds, through traditional care products like gauze, tapes, and bandages.

Segment Overview

The market growth analysis report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Therapy Outlook
  • Advanced burn care
  • Biologics
  • Traditional burn care

• Type Outlook
  • Third-degree (full-thickness) burns
  • Second-degree (partial thickness) burns
  • First-degree (superficial) burns

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia
    • China
    • India
  • Rest of World (ROW)
    • Brazil
    • Argentina
    • Rest of the Middle East & Africa

Market Scope
Market Report Coverage	Details
Page number	161
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.27%
Market growth 2023-2027	USD 843.34 million
Market structure	Fragmented
YoY growth 2022-2023(%)	4.8
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 35%
Key countries	US, Germany, UK, China, and Japan
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	3M 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., Medline Industries LP, MedSkin Solutions Dr. Suwelack AG, Medtronic Plc, Molnlycke Health Care AB, PREVOR, Smith and Nephew plc, and Vericel Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our market trends and analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industry across North America, Europe, Asia, and Rest of World (ROW)
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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