Global Burn Care Market 2024-2031

Global Burn Care Market 2024-2031

Global Burn Care Market Size, Share & Trends Analysis Report by Product (Foam Dressing, Collagen Dressing, Hydrogel Dressing, Hydrocolloid Dressing, Alginate Dressing, Wound Contact Layers, Film Dressing, and Others), by Depth of Wound (Full Thickness Burns, Partial Thickness Burns, and Minor Burns), and by End-User (Hospitals, Outpatient Facilities, Home Care, and Others), Forecast Period (2024-2031)

The global burn care market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). The rising incidence of burns owing to accidents, fire-related incidents, or medical conditions across the globe is projected to boost the market growth. According to the World Health Organization (WHO), burns are a global public health problem, accounting for an estimated 180,000 fatalities annually. The majority of these occur in low and middle-income countries and almost two-thirds occur in the WHO African and South-East Asia Regions. Non-fatal burns are a leading cause of morbidity, including prolonged hospitalization, disfigurement, and disability, often with resulting stigma and rejection. Children under 5 years old in the WHO African Region experience more than twice the incidence of burn deaths compared to children in the global under 5 year age group. Similarly, boys aged under 5 years in low and middle-income countries in the WHO Eastern Mediterranean Region are nearly twice as likely to experience burn-related casualties. In South Africa, an estimated $26 million is spent annually for care of burns from kerosene (paraffin) cookstove incidents. Indirect costs such as lost wages, prolonged care for deformities and emotional trauma, and commitment of family resources, also contribute to the socioeconomic impact.

Segmental Outlook

The global burn care market is segmented on the type, application, and end-user. Based on the product, the market is sub-segmented into foam dressing, collagen dressing, hydrogel dressing, hydrocolloid dressing, alginate dressing, wound contact layers, film dressing, and others. Others include biologics and traditional burn care. Based on the depth of the wound, the market is sub-segmented into full thickness burns, partial thickness burns, and minor burns. Further, based on the end-user, the market is sub-segmented into hospitals, outpatient facilities, home care, and others. Others include research and manufacturing. Among the products, the collagen dressing sub-segment is projected to hold a significant share of the market, primarily attributed to its capacity for accelerating healing processes, reducing pain, and reducing infection risks. Their moisture retention, flexibility, and compatibility with other therapies make them crucial for effective wound management and improved patient outcomes.

The Hospitals Sub-Segment is Anticipated to Hold a Considerable Share of the Global Burn Care Market

Among the end-users, the hospitals sub-segment is expected to hold a considerable share of the global burn care market. The segmental growth is attributed to the rising demand for advanced burn care solutions in hospitals and a growing emphasis on immediate and specialized care for burns. Hospitals provide services such as admitted patient care, including elective surgery, emergency department care, and outpatient (non-admitted patient) care. As per the latest survey by the American Hospital Association (AHA), the total number of hospitals in the US was 6,129 in 2023. Moreover, according to the Australian Institute of Health and Welfare, the number of hospitalizations in Australia has increased. In 2021–22, there were 11.6 million hospitalizations, covering 31.8 million days of patient care, 59.0% (6.8 million) of hospitalizations were in public hospitals, accounting for 68.0% of days of patient care (21.7 million). Further, 41.0% (4.8 million) of hospitalizations were in private hospitals, accounting for 32.0% of days of patient care (10.0 million). Thus, with a growing number of hospitals, and hospitalization cases, the segment is projected to grow significantly over the forecast period.

Regional Outlook

The global burn care market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Europe is anticipated to hold a prominent share of the market across the globe, owing to the increasing incidences of burns, increasing R&D, and rapidly growing medical tourism industry are driving the burn care market in Europe.

The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global Burn Care Market

Among all regions, the Asia-Pacific region is anticipated to grow at a considerable CAGR over the forecast period. The regional growth is attributed to the incidence of burns owing to various factors such as industrial accidents, domestic incidents, and natural disasters, improving healthcare infrastructure, and government initiatives. According to the WHO report published in October 2023, in India, over 1 million people are moderately or severely burnt every year. Nearly 173,000 Bangladeshi children are moderately or severely burnt every year. In Bangladesh, Colombia, Egypt, and Pakistan, 17.0% of children with burns have a temporary disability and 18.0% have a permanent disability. Burns are the second most common injury in rural Nepal, accounting for 5.0% of disabilities. Owing to such factors, the Indian government approved programmenamely “the National Programme for Prevention & Management of Burn Injuries” (NPPMBI), aimed to reduce the incidence, mortality, morbidity, and disability due to burn injuries, and improve awareness among vulnerable groups, especially women, children, and workers in hazardous occupations.

Market Players Outlook

The major companies serving the burn care market include 3M Co., ConvaTec Group Plc, Johnson & Johnson Services, Inc., Smith & Nephew Plc, Cardinal Health, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2020, Safeguard Medical, a provider of life-saving products and services to first responders, acquired Water-Jel Technologies, the provider of emergency burn care products. The acquisition expanded Safeguard Medical's robust portfolio of life-saving products, comprehensive kitting capabilities, and advanced training programs.

The Report Covers

Market value data analysis of 2023 and forecast to 2031.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global burn care market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.