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Burn Care and Wound Care Market Is Expected To Reach US$ 38,254.4 Million With Growing CAGR of 14.7% By 2028 | ConvaTec Inc., Mölnlycke Health Care, Baxter International, Medtronic Plc,

June 10th, 2022 Coherent Market Insights Releases

Global Burn Care and Wound Care Market

Overview

A wound is a physical issue to skin or tissue cells brought about by heat, radiation, substance contact, power, or radioactivity, and an injury is a sort of physical issue that can be brought about by a torn or cut of skin that includes the breaking of the layer and harming the tissues. Severe singeing, which influences the top layer of skin, otherwise called the epidermis, and severely charred areas, which go through the second layer of skin, known as the dermis, and an exhaustive round of questioning, which is an extreme consume, can influence the two layers of skin, bones, and muscles. There are two sorts of wounds: serious injuries and broken skin, which permit unfamiliar pathogenic specialists to go into tissues. Another is a nearby injury, where inside harmed tissues doesn’t influence the outside skin. The World Health Organization (WHO) distributed key realities on November 10, 2021, for diabetes, which expresses that in 2019, universally, diabetes was the 10th leading reason for death, with 1.5 million deaths caused due to diabetes. The effects of diabetes can harm the nerves in the feet, which can cause foot ulcers.

Effect of the Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic is supposed to drive the development of the global burn care and wound care market over the forecast period, attributable to the expanding offices of cutting-edge prescriptions such as telemedicine and telehealth. The article was published on November 17, 2021, in ScienceDirect Journal, about the effect of the COVID-19 pandemic on worldwide consumer care, where the article expresses that the majority of the consume units were open during the pandemic. The review was directed in 234 units from 43 nations, which came about as the majority of wound care units were open and utilization of telehealth and telemedicine expanded during the pandemic, recommending the new procedures for the executives of consume cases.

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Drivers

Expanding mindfulness with respect to consume wounds by the market players is supposed to drive the development of the global burn care and wound care market over the forecasted timeframe. The American Burn Association started the National Burn Awareness Week between February 7 and February 13, 2021. Besides, the point of this program was to promote mindfulness among individuals for wellbeing and counteraction measures, where the subject for year 2021 was with respect to electric security, which is a typical risk factor for consume rate due to plugs, lightning, and power plugs.

The global burn care and wound care market had a valuation of US$ 21,699.8 million in 2021 and is anticipated to grow at a CAGR of 14.7% over the estimated timeframe (2021-2028).

Market players are enjoying getting endorsements for the medications shown for the treatment of consume. This is supposed to spur the development of the global burn care and wound care market over the conjectured timeframe.

Expanding endorsements from administrative specialists are expected to drive the global burn care and wound care markets over the forecasted timeframe. On June 15, 2021, Mallinckrodt, a biopharmaceutical organization, got the U.S. Food and Drug Administration (FDA) endorsement for StrataGraft, which is an allogeneic cell platform item utilized for treatment of patients with warm wounds which contains the unblemished dermal components for careful intercession.

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The expanding pervasiveness of diabetic injuries and ulcers this is supposed to drive the development of the global burn care and wound care market over the forecasted timeframe.

The expanding pervasiveness of diabetes in India is a significant justification behind difficulties like diabetic foot ulcer. On January 31, 2021, Tamil Nadu Medical University released a study in regards to the pervasiveness of diabetic foot difficulties among 204 grown-up diabetes patients from southern India. It states that diabetes foot ulcers are normal in individuals with diabetes, with an occurrence going from 8% to 17%. Diabetes foot ulcers regularly become contaminated due to an absence of mindfulness about appropriate foot care, which raises risk factors for diabetes foot issues. By looking at the examination papers from 13 nations with 19 financial investigations that have extremely high medical clinic advancement records (HDIs), which came about as the normal expense for consume injury can vary from US$ 10.58 to US$ 125,597.85 per patient.

The reviews of wound care items are supposed to hamper the development of the global burn care and wound care market over the conjecture period. On August 21, 2021, the U.S. Food and Drug Administration (FDA) gave notification to ConvaTec for the review of DuoDERM, which is a control gel equation line dressing utilized for wounds. The item is being reviewed due to an issue with essential naming.

Local Analysis

North America wound care treatment is supposed to stand firm on a predominant footing during an estimated timeframe, inferable from the accessibility of repayment for the treatment of consume. In the U.S., Medicare covers the consume treatment. Besides, on October 13, 2021, the Centers for Medicare and Medicaid Services (CMS) distributed a rundown of careful classifications for consume therapies in the Medicare Severity Diagnosis Related Group (MS-DRG), which is a characterization framework for patients in emergency clinics for clinical benefits. The expenses are determined based on the emergency clinic assets required for treatment according to the patient’s condition.

Moreover, Europe is likewise assessed to observe huge development in the global burn care and wound care market, attributable to the rising innovative work activities by the market players. On January 27, 2021, Smith and Nephew, a clinical gear producer situated in the U.K., declared the distribution of the PICO single-use utilize negative strain wound treatment framework (sNPWT) had diminished the careful site disease of wounds by 63% and seroma by 77%. This decrease in contamination can lessen the length of an emergency clinic’s stay by two days. The capability of sNPWT can acquire proficiency in the medical care framework.

Competitive Landscape

Key companies contributing to the global burn care and wound care market include Pensar Medical, Ethicon Inc., 3M Company, Baxter International, Mölnlycke Health Care, Integra LifeSciences, ConvaTec Inc., Johnson & Johnson, MiMedx Group, Smith & Nephew, ACell, Coloplast A/S, DeRoyal Industries, Medtronic Plc., Organogenesis Holdings, Medline Industries, and Zimmer Biomet.

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Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Burn Degree
      • Market Snippet, By Wound Type
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Regulatory Scenario
    • PEST Analysis
    • Recent Product Launch/Approval
    • Epidemiology
    • Mergers and Acquisitions
  4. Global Burn Care and Wound Care Market – Impact of Coronavirus (Covid-19) Pandemic
    • Impact on Supply Chain
    • Impact on Research and Development
    • Government Initiatives
  5. Global Burn Care and Wound Care Market, By Product Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Segment Trends
    • Topical Agents
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
        • Antibiotics
        • Antiseptic
        • Antimicrobial
        • Antifungal
    • Wound Therapy Device
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
        • Negative Pressure Therapy
        • Vacuum-assisted Closure Device
        • Chariker-Jeter Wound Sealing Kit
    • Surgical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
    • Sutures
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
    • Staplers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
    • Tissue Adhesives
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
    • Skin Grafts
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
        • Split-thickness
        • Full-thickness Grafts
    • Advanced Dressing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
        • Foam Dressing
        • Collagen Dressing
        • Hydrogel Dressing
        • Others
      • Traditional Burn Care
        • Introduction
        • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
          • Medical Band
          • Cleansing Agents
  6. Global Burn Care and Wound Care Market, By Wound Type, 2017 – 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Segment Trends
    • Surgical Wounds
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
    • Ulcers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
        • Pressure Ulcers
        • Diabetic Foot Ulcers
        • Arterial and Venous Ulcers
      • Traumatic Wounds
        • Introduction
        • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
      • Burns
        • Introduction
        • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
      • Others
        • Introduction
        • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
  7. Global Burn Care and Wound Care Market, By End User, 2017 – 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Segment Trends
    • Hospitals and Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
    • Burn Care Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)

View Press Release: https://www.coherentmarketinsights.com/press-release/burn-care-and-wound-care-market-4102

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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Email: sales@coherentmarketinsights.com
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