(PharmaNewsWire.Com, January 10, 2018 ) According to the report Burn Care Market, published by Market Data Forecast, the North America market is projected to reach USD .869 billion by 2022, at a CAGR of 6.5% from 2017 to 2022.
Burn refers is a type of skin injury which is caused by sun, fire, electricity hot liquids, or chemicals. Size and depth of burn determines the degree of severity. Electrical burns are one of most difficult to diagnose.
Burn Care Market: Drivers & Restraints Increasing incidence of burn injuries, increasing favourable government policies, growing awareness on burn care and advancements in burn care treatments and products are the primary drivers of the market growth. However, increasing cost of treatment is hampering the market growth.
Burn Care Market: Segmentation By Product Type • Advanced • Biologics • Traditional By Extent of damage • Minor • Superficial Partial Thickness Burn • Deep Thickness Burn By End Users • Hospitals • Clinics • Home care By Geography • North America o United States o Canada
Burn Care Market: Overview Advanced dressings segment in the product category is expected to have the largest market share whereas Biologics category is expected to have the fastest growth during the forecast period. The partial thickness burns segment in the extent of damage category is anticipated to have the largest market share due to rising use of biologics. In the end users category hospitals is expected to have the largest market share. North America has the largest market share and is expected to maintain its position throughout the forecast period.
Burn Care Market: Key Players The Burn Care market is highly competitive with a large number of players. Some of the major Companies are Smith & Nephew plc (U.K.), Acelity L.P (U.S.) and 3M Company (U.S.) Other players in the market include Molnlycke Health Care (Sweden), Derma Sciences Inc.(U.S.), Medtronic (Ireland), Convatec Inc (U.K.), Coloplast A/S (Denmark).
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