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Redding, California - November 15, 2024

Burn Care Market to be Worth $4.32 Billion by 2031

Burn Care Market Size, Share, Forecast, & Trends Analysis by Offering (Topical Agents, Dressings [Advanced {Foam, Hydrocolloid, Alginate, Collagen, Hydrogel}, Traditional]), Burn Type (First, Second, Third-degree Burns), End User - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled Burn Care Market Size, Share, Forecast, & Trends Analysis by Offering (Topical Agents, Dressings [Advanced {Foam, Hydrocolloid, Alginate, Collagen, Hydrogel}, Traditional]), Burn Type (First, Second, Third-degree Burns), End User—Global Forecast to 2031. According to this latest publication, the burn care market is expected to reach $4.32 billion by 2031, at a CAGR of 6.2% from 2024 to 2031.

This market is experiencing growth driven by the rising incidence of burn injuries, government initiatives to promote burn care, growing awareness and accessibility to burn care products, and increasing treatment alternatives. However, the market is hindered by the high cost of burn care treatment and the high chances of skin infections.

In addition, increasing adoption of home-based burn care treatment and rising awareness of advanced burn care dressings provide potential growth opportunities for market players. The market faces substantial challenges including potential side effects of using topical agents and dressings on skin and less awareness about advanced products in emerging economies. Furthermore, growth in bioactive burn care dressings, advanced product launches, and availability of reimbursement policies for burn care treatments are prominent trends in the burn care market.

Key Players

The key players operating in the global burn care market are 3M Company (U.S.), Smith & Nephew Plc (U.K.), Mölnlycke Health Care AB (a subsidiary of Investor AB) (Sweden), Convatec Inc. (Subsidiary of Convatec Group plc) (U.K.), Coloplast A/S (Denmark), PAUL HARTMANN AG (Germany), Cardinal Health, Inc. (U.S.), B. Braun Melsungen AG (Germany), DeRoyal Industries (U.S.), Hollister (U.S.), Medline Industries, LP (U.S.), and Essity Aktiebolag (Sweden).

The burn care market is segmented by offering, burn type, end user, and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

By offering, in 2024, the dressings segment is expected to account for the largest share of the burn care market. The dressing segment is further subdivided into advanced and traditional dressings. In 2024, the advanced dressings segment is expected to account for the largest share of the segment. Foam dressings, film dressings, hydrocolloid dressings, hydrogel dressings, hydrofiber dressings, and wound contact layers are some of the major advanced dressing types. Advanced dressings provide faster healing of the skin wounds and reduce the pain during the treatment. Moreover, the rising preference for patients towards less traumatic treatments attracts patients as well as professionals towards the adoption of advanced dressings. These factors help in the growth of the largest share of the segment.

By burn type, in 2024, the third-degree burn segment is expected to account for the largest share of the burn care market. Third-degree burns are those burns that damage the middle and fatty layer of the skin. These types of burns are serious and face many complexities during the treatment and need to be treated by healthcare providers. These burns happen due to fire flames or sunburn issues. Rising fire cases lead to an increasing number of these types of burns. For instance, according to the National Fire Protection Association (NFPA) (U.S.), in 2022, local fire departments responded to 1.5 million fires in the U.S. These incidents can result in third-degree burns. These factors contribute to the increased usage and adoption of burn care solutions for the treatment of third-degree burns. These will drive the growth of the burn care market.

By end user, in 2024, the hospitals and clinics segment is expected to account for the largest share of the burn care market. The dominant share of the segment can be attributed to several key factors, including the presence of skilled professionals, the availability of specialized infrastructure, and the increase in patient visits to hospitals. According to a report by The American Burn Association (U.S.), 29,165 patients were admitted to hospitals in the U.S. due to burn injuries. The availability of dedicated professionals and specialized facilities in these healthcare settings plays a critical role in attracting patients seeking burn treatment. These factors collectively contribute to the segment’s leading market share.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of the market in North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa.

By geography, in 2024, North America is expected to account for the largest share of the burn care market. The largest share of the segment is primarily driven by the presence of key market players, growing awareness about burn injuries, and the adoption of advanced burn care solutions in the region. Prominent companies such as 3M Company (U.S.), Cardinal Health, Inc. (U.S.), DeRoyal Industries (U.S.), Hollister (U.S.), and Medline Industries, LP (U.S.) have a strong presence in these markets. Additionally, increased awareness about burn injuries and their treatment, supported by various public awareness campaigns, is driving the adoption of advanced burn care solutions. For example, National Burn Awareness Week, held from February 5 to 11, 2023, in the U.S., plays a significant role in educating the public. These factors collectively contribute to the segment's dominant market share.

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of offering, burn type, end user, and region/country?
What was the historical market size for the burn care market globally?
What are the market forecasts and estimates for the period 2024–2031?
What are the major drivers, restraints, challenges, opportunities, and trends in the burn care market?
Who are the major players in the burn care market?
What is the competitive landscape like, and who are the market leaders in the global burn care market?
What are the recent developments in the burn care market?
What are the different strategies adopted by the major players in the global burn care market?
What are the geographical trends and high-growth regions/countries?

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Redding, California - November 15, 2024

Burn Care Market to be Worth $4.32 Billion by 2031

Burn Care Market Size, Share, Forecast, & Trends Analysis by Offering (Topical Agents, Dressings [Advanced {Foam, Hydrocolloid, Alginate, Collagen, Hydrogel}, Traditional]), Burn Type (First, Second, Third-degree Burns), End User - Global Forecast to 2031

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