The Asia-Pacific Burn Care Market was worth $ 0.33 billion in 2016 and estimated to reach $ 0.44 billion by the end of 2021 with a growing potential of 7.4%.
Burn care is a major challenge in Asia, having the highest female mortality globally due to flame burns. Burns are more frequent in the rural region, affecting the poor. Most common cause are kerosene and flammable flowing garments worn by the women. Burn injuries causes sickness and mortality globally. Despite taking preventative measures, there are still many cases reported in countries such as India, China. The treatment for the patients are often protracted and requires extensive resources.
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Children do get injured due to floor level storing of hot liquids such as food items, milk, and water. Farmers get a lot of electrical burns during agriculture phase since they get electricity directly from the mainline in order to pump water to the farm. Kerosene, a highly flammable liquid which is available in every household in India and is used in most intentional injuries. In India, over 1,000,000 people are moderately or severely burnt every year. In Tokyo, burn injuries is the severe problem, approximately 1250 were burned severely.
The Major factors that attribute to the growth of the Market is due to rising incidence of burns due to lack of education to vulnerable populations, growing expenditure in Healthcare owing to increase usage of skin grafts, favourable government initiatives results in increasing number of emergency burn units and clinics.
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The Asia-Pacific Burn Care Market is broadly categorized based on Products (Advanced dressings, Biologics, Traditional). Among these Biologics is predicted to account largest share in India and advanced dressings is expected to account highest share in japan. Based on extent of damage (Minor, Partial Thickness, deep partial thickness burn), based on End users (Hospitals, Clinics and Home care). Among these Hospitals is expected to account largest share in the market. On the basis of geography, the Asia-Pacific market is analysed under various countries namely China, India, Japan, South Korea.
Multinational companies are investing mostly on developing new products which enables them to have a competitive advantage. Some of the key players influencing the Asia-Pacific Burn care market, include Smith & Nephew plc (UK), Acelity L.P (US), 3M Company (US), Molnlycke Health Care (Sweden), Derma Sciences Inc.(US), Medtronic (Ireland).
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