(PharmaNewsWire.Com, March 27, 2017 ) According to the report Burn Care Market, published by Market Data Forecast, the global market is projected to reach USD 2.17 Billion by 2021, at a CAGR of 6.82% from 2016 to 2021.
Burn injuries are global health problem which results in approximately 265000 deaths annually. The death rates have been increased in low and middle-income countries compared to high-income countries.
The Major factors that influence the growth of the Market is due to rising incidence of burns, growing expenditure in Healthcare, favourable government initiatives, expanding awareness regarding treatment options.
Key players that are dominating the market are Smith & Nephew plc (U.K.), Acelity L.P (U.S.), 3M Company (U.S.), Molnlycke Health Care (Sweden), Derma Sciences Inc.(U.S.), Medtronic (Ireland), Coloplast A/S (Denmark), Convatec Inc (U.K.).
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