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Burn Care Market Share

Report ID: GMI1857
Published Date: May 2024
Report Format: PDF

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Burn Care Market Share

The global market is highly competitive, with numerous key players striving for market share through innovation, product differentiation, and strategic partnerships. Major companies dominate the landscape with their extensive product lines, which include advanced wound care dressings, skin grafts, and biologics. These companies leverage strong R&D capabilities and robust distribution networks to maintain their competitive edge. Smaller and emerging companies contribute by introducing innovative products and technologies, such as hydrocolloid dressings, hydrogel dressings, and new skin substitutes. Strategic alliances, mergers and acquisitions, and continuous product innovation are key strategies adopted by market players to enhance their market position and expand their global footprint.

Burn Care Market Companies

Prominent players operating in the burn care industry include:

3M Company
B. Braun Melsungen AG
Cardinal Health
Coloplast
ConvaTec Inc.
DeRoyal Industries, Inc.
Hollister Incorporated
Integra LifeSciences Corporation
Johnson & Johnson
Klinion
Medline Industries, LP
MIMEDX Group, Inc.
Molnlycke Health Care AB
Safetec of America, Inc.
Smith & Nephew

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Burn care industry size was valued at USD 2.4 billion in 2023 and is anticipated to witness 7.4% CAGR from 2024 to 2032, led by the rising incidence of burns coupled with growing awareness and education.

The advanced dressing product type segment held 41.8% of the market share in 2023, as they help create an optimal healing environment for burn wounds for significantly enhancing the recovery process.

Burn care market from the full thickness depth of burn segment recorded USD 1.1 billion in revenue in 2023, driven by the strong need for advanced medical interventions, such as skin grafting, reconstructive surgery, and prolonged rehabilitation

North America market size was USD 915.5 million in 2023 and is predicted to record 6.9% CAGR from 2024 to 2032, due to the presence of major market players and well-established burn care centers