Burn Ointment Market, By Product Type (Topical Antibiotics, Silver, Iodine), By Depth of Burn (Minor Burns, Partial Thickness Burns, Full Thickness Burns), By End User (Hospitals, Specialty Clinics, Others), By Geography (North America, Latin America, Eur

Burn Ointment Market, By Product Type (Topical Antibiotics, Silver, Iodine), By Depth of Burn (Minor Burns, Partial Thickness Burns, Full Thickness Burns), By End User (Hospitals, Specialty Clinics, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Burn Ointment Market, By Product Type (Topical Antibiotics, Silver, Iodine), By Depth of Burn (Minor Burns, Partial Thickness Burns, Full Thickness Burns), By End User (Hospitals, Specialty Clinics, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Burns refer to the tissue damage caused by heat, overexposure to sunlight, and radiation, as well as due to chemical or electrical contact. Burns can cause minor medical issues as well as life-threatening emergencies. The treatment of burns is determined by the location and severity of the injury. Sunburns and minor scalds are usually treatable at home. However, deep or extensive burns necessitate immediate medical attention. Some patients require treatment at specialized burn centers as well as months of follow-up care. Burns are classified into three types based on severity - first degree, second degree, and third degree burns.

Burn ointment is a topical medication that is applied to the burnt area of the body. Antibiotic ointments and creams are used to help in the prevention of infections. Applying an antibacterial ointment, such as Bacitracin or Neosporin, as well as covering the burn with cling film or a sterile, non-fluffy dressing or cloth, aids in the healing of first or second degree burn wounds. In patients with second- and third-degree burns, ointments including silver sulfadiazine cream is used to prevent and treat wound infections.

Market Dynamics

Increasing awareness programs by non-profit organizations to spread awareness about burns are expected to drive the growth of the global burn ointment market over the forecast period. For instance, the American Burn Association, a non-profit organization, celebrated National Burn Awareness Week between February 5, 2023 to February 11, 2023. The week was celebrated by uploading various images on American Burn Association’s website for educating people about burns and their prevention.

Key features of the study:

• The report provides an in-depth analysis of the global burn ointment market and provides market size (US$ Mn) and Compound Annual Growth Rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for the market
• The study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global burn ointment market based on the following parameters - company highlights, product portfolio, key highlights, financial performance, and strategies
• The key companies covered as a part of this study include Smith & Nephew PLC, Wisconsin Pharmacal Company, Johnson & Johnson, Pfizer Inc., Cipla Ltd., Mankind Pharma Ltd., Dr. Morepen Ltd., GlaxoSmithKline PLC and MediWound
• Insights from the report would allow marketers and the management authorities of the companies to make informed decisions regarding future product launches, type up-gradation, market expansion, and marketing tactics
• The global burn ointment market report caters to various stakeholders in the industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global burn ointment market

Global Burn Ointment Market Detailed Segmentation:

• By Product Type:
• Topical Antibiotics
• Silver
• Iodine
• By Depth of Burn:
• Minor Burns
• Partial Thickness Burns
• Full Thickness Burns
• By End User:
• Hospitals
• Specialty Clinics
• Others
• By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profiles
• Smith & Nephew PLC
• Wisconsin Pharmacal Company
• Johnson & Johnson
• Pfizer Inc.
• Cipla Ltd.
• Mankind Pharma Ltd.
• Dr. Morepen Ltd.
• GlaxoSmithKline PLC.
• MediWound