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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Research Reports

    Posted By Coherent Market Insights

    Posted on September 21, 2021

    Featured image for article about Research Reports

    Burn wounds are extremely painful, highly traumatic, and can lead to permanent scarring, disfigurement or even death. The management of these wounds is based on the injured area and severity and depth of burn. Burn care market has witnessed various technological advancements to treat all degrees of burns injuries. For instance, in July 2016, a combined team of researchers from the Boston University and Beth Israel Deaconess Medical Center developed new type of hydrogel bandage for burn patients. The hydrogel bandage seals the burn wounds to prevent entry of bacteria and proven to be easily removable.

    The global burn care market size was valued at US$ 2,219.0 million in 2018, and is expected to witness a CAGR of 6.1% over the forecast period (2019–2026).

    Request sample copy of this report:
    https://www.coherentmarketinsights.com/insight/request-sample/1279                                                                                        

    Increasing fire incidences are expected to lead to high demand for treatment of burn injuries, which is expected to drive growth of the burn care market. For instance, in January 2017 , according to the World Health Organization (WHO) data published in the African Journal of Emergency Medicines, burn injuries lead to around 18 million disability cases and over 2,50,000 deaths, annually, of over 90% deaths are registered from low-and middle-income countries. Moreover, the U.S. Fire Department responded to around 1.3 million fire incidences in 2016 and the National Fire Protection Association (NFPA) reported 3,280 civilian deaths and 15,700 civilian injuries in these incidences.

    However, increasing number of product recalls due to product failure, component inconsistency, and packaging problems is expected to hamper growth of the burn care market. For instance, in March 2018, Integra LifeSciences Corp. recalled its Manuka Honey Wound Gel, which is used for wound healing of minor scalds and burns, minor cuts, lacerations, and minor abrasions. The reason for recall was incorrect gel part number listed in a master manufacturing record. The product was finally terminated in July 2018.

    The burn care market is expected to witness significant growth in the forecast period, owing to increasing incidence of burn injuries. For instance, according to the World Health Organization (WHO) data of March 2018, it is estimated that 180,000 deaths are caused by burns, annually, worldwide. Moreover, a vast majority of these deaths occur in low- and middle-income countries.

    Increasing awareness regarding burn care is also expected to drive the burn care market growth over the forecast period. For instance, in February 2019, the American Burn Association organized National Burn Awareness Week in the first full week of the month, which served as an opportunity for burn care organizations, burn survivor support groups, public safety professionals, and injury prevention activists to increase awareness among the population about the frequency and causes of burn injuries in the U.S.

    Get PDF brochure of this report:
    https://www.coherentmarketinsights.com/insight/request-pdf/1279

    Key Players In Burn Care Market

    The “Global Burn Care Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Smith & Nephew Plc. Molnlycke, ConvaTec Inc., Integra LifeSciences Corporation, 3M, Coloplast A/S, Cardinal Health, Inc., DeRoyal Industries, Inc., Acelity LP, and Svenska Cellulosa Aktiebolaget (SCA).

    The study objectives of this report are:

    • To study and analyze the global Keyword size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.

    • To understand the structure of Keyword by identifying its various sub-segments.

    • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    • Focuses on the key global Keyword manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

    • To analyze the Keyword with respect to individual growth trends, future prospects, and their contribution to the total market.

    • To project the value and volume of Keyword sub-markets, with respect to key regions (along with their respective key countries).

    • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    • To strategically profile the key players and comprehensively analyze their growth strategies

    Customization of the Report

    In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

    Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 20+ companies.

    Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

    Contact:

    Coherent Market Insights
    1001 4th Ave, #3200 Seattle, WA 98154, U.S.
    Email: [email protected]
    United States of America: +1-206-701-6702
    United Kingdom: +44-020-8133-4027
    Japan: +050-5539-1737
    India: +91-848-285-0837

    The post Burn Care Market Growth to register a CAGR of 6.1% to Surpass US$ 3,539.5 Million by 2026 | Generated Opportunities for Growth in The Global Burn Care Industry appeared first on Gatorledger.

    Burn wounds are extremely painful, highly traumatic, and can lead to permanent scarring, disfigurement or even death. The management of these wounds is based on the injured area and severity and depth of burn. Burn care market has witnessed various technological advancements to treat all degrees of burns injuries. For instance, in July 2016, a combined team of researchers from the Boston University and Beth Israel Deaconess Medical Center developed new type of hydrogel bandage for burn patients. The hydrogel bandage seals the burn wounds to prevent entry of bacteria and proven to be easily removable.

    The global burn care market size was valued at US$ 2,219.0 million in 2018, and is expected to witness a CAGR of 6.1% over the forecast period (2019–2026).

    Request sample copy of this report:
    https://www.coherentmarketinsights.com/insight/request-sample/1279                                                                                        

    Increasing fire incidences are expected to lead to high demand for treatment of burn injuries, which is expected to drive growth of the burn care market. For instance, in January 2017 , according to the World Health Organization (WHO) data published in the African Journal of Emergency Medicines, burn injuries lead to around 18 million disability cases and over 2,50,000 deaths, annually, of over 90% deaths are registered from low-and middle-income countries. Moreover, the U.S. Fire Department responded to around 1.3 million fire incidences in 2016 and the National Fire Protection Association (NFPA) reported 3,280 civilian deaths and 15,700 civilian injuries in these incidences.

    However, increasing number of product recalls due to product failure, component inconsistency, and packaging problems is expected to hamper growth of the burn care market. For instance, in March 2018, Integra LifeSciences Corp. recalled its Manuka Honey Wound Gel, which is used for wound healing of minor scalds and burns, minor cuts, lacerations, and minor abrasions. The reason for recall was incorrect gel part number listed in a master manufacturing record. The product was finally terminated in July 2018.

    The burn care market is expected to witness significant growth in the forecast period, owing to increasing incidence of burn injuries. For instance, according to the World Health Organization (WHO) data of March 2018, it is estimated that 180,000 deaths are caused by burns, annually, worldwide. Moreover, a vast majority of these deaths occur in low- and middle-income countries.

    Increasing awareness regarding burn care is also expected to drive the burn care market growth over the forecast period. For instance, in February 2019, the American Burn Association organized National Burn Awareness Week in the first full week of the month, which served as an opportunity for burn care organizations, burn survivor support groups, public safety professionals, and injury prevention activists to increase awareness among the population about the frequency and causes of burn injuries in the U.S.

    Get PDF brochure of this report:
    https://www.coherentmarketinsights.com/insight/request-pdf/1279

    Key Players In Burn Care Market

    The “Global Burn Care Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Smith & Nephew Plc. Molnlycke, ConvaTec Inc., Integra LifeSciences Corporation, 3M, Coloplast A/S, Cardinal Health, Inc., DeRoyal Industries, Inc., Acelity LP, and Svenska Cellulosa Aktiebolaget (SCA).

    The study objectives of this report are:

    • To study and analyze the global Keyword size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.

    • To understand the structure of Keyword by identifying its various sub-segments.

    • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    • Focuses on the key global Keyword manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

    • To analyze the Keyword with respect to individual growth trends, future prospects, and their contribution to the total market.

    • To project the value and volume of Keyword sub-markets, with respect to key regions (along with their respective key countries).

    • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    • To strategically profile the key players and comprehensively analyze their growth strategies

    Customization of the Report

    In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

    Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 20+ companies.

    Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

    Contact:

    Coherent Market Insights
    1001 4th Ave, #3200 Seattle, WA 98154, U.S.
    Email: [email protected]
    United States of America: +1-206-701-6702
    United Kingdom: +44-020-8133-4027
    Japan: +050-5539-1737
    India: +91-848-285-0837

    The post Burn Care Market Growth to register a CAGR of 6.1% to Surpass US$ 3,539.5 Million by 2026 | Generated Opportunities for Growth in The Global Burn Care Industry appeared first on Gatorledger.

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