Burn Care Market Analysis, Size, Growth, Share & Forecast to 2027 | Grand View Research Inc.
“Burn Care Market Size Worth $3.4 Billion By 2027 | CAGR: 6.9%�
The global burn care market size is expected to reach USD 3.4 billion by 2027, according to a new report by Grand View Research, Inc., registering a 6.9% CAGR over the forecast period. Increasing incidences of burn injuries are anticipated to fuel the demand for cost-effective treatment and care over the forecast period. As per WHO, on an average, 265,000 deaths are caused by fire every year, with majority of these occurring in low-tomiddle income countries and half of them occurring in Southeast Asia. The organization states that 96.0% of fatal fire-related injuries occur mainly in low-to-middle income countries. Moreover, around 1,000,000 people in India suffer from moderate or severe burns each year and around 173,000 children in Bangladesh report similar injuries each year. In the U.S., approximately 4,500 burn victims die annually and 10,000 die due to burn-related infections. Owing to this substantial increase in the number of burn incidences, patient population for such injuries and their treatment and care has increased. Apart from this, the overall healthcare expenditure on burn care is increasing. Treatment options for such injuries include advanced dressings, biologics, and traditional care products. Foam dressings developed from semipermeable polyurethane are waterproof and can be used on heavily exuding wounds. As a result of this, they are preferred over normal dressings, which are not waterproof and need to be changed regularly. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/burn-care-market
By type of treatment and care product, biologics are anticipated to witness rapid growth over the course of the forecast period. Introduction of new products and extensive R&D in this field will continue to drive this method of treatment and care. Biologics involve the application of active biological agents and molecules. Biologic dressings also include skin grafts and tissue-engineered products designed to replace the affected skin.
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