NEW YORK , May 22, 2024 /PRNewswire/ -- The burn care centers market size in US is estimated to grow by USD 275.31 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.74% during the forecast period.
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Burn Care Centers Market Scope In US |
|
Report Coverage |
Details |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.74% |
Market growth 2024-2028 |
USD 275.31 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.94 |
Regional analysis |
US |
Performing market contribution |
North America at 100% |
Key countries |
US and North America |
Key companies profiled |
Anika Therapeutics Inc., Avita Medical Inc., Burn and Reconstructive Centers of America, Coloplast AS, Grossman Burn Centers LLC, Integra Lifesciences Corp., KeraNetics Inc., Mallinckrodt Plc, MEBO Group, RenovaCare Inc., Shriners Hospitals for Children, The MetroHealth System, University of Rochester Medical Center, University of Washington, Vericel Corp., and Medline Industries LP |
Market Driver
The US burn care centers market is shifting due to an aging population. With 17% of the population being geriatric in 2022, there's a rising demand for burn care services. Aging skin becomes fragile, increasing vulnerability to burns. Older adults are more prone to accidental burns due to diminished sensory perception. Consequently, burn care centers are seeing more elderly patients. Age-related conditions like falls and diabetes contribute to this trend. As the elderly population grows, so does the need for specialized burn care, driving market growth in the US.
Market Challenges
- High healthcare costs in burn care stem from extended hospital stays, complex wound care, surgeries, and rehabilitation. Costs in high-income countries exceed $85,000 per patient, contrasting with over $5,000 in low to middle-income nations. Treatments include surgeries, blood transfusions, and therapies, straining finances. Coordination among diverse specialists like surgeons, nurses, and therapists further escalates expenses. Affordability barriers in low to middle-income countries impede growth of US burn care centers.
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Segment Overview
- Therapy
- 1.1 Advanced burn care
- 1.2 Biologics
- 1.3 Traditional burn care
- Type
- 2.1 Third-degree (full thickness) burns
- 2.2 Second-degree (partial thickness) burns
- 2.3 First-degree (superficial) burns
- End-user
- 3.1 Hospitals
- 3.2 Outpatient facilities
- 3.3 Home care
- 3.4 Research and manufacturing
- Geography
- 4.1 North America
1.1 Advanced burn care- The advanced burn care segment is poised for substantial market share growth in the forecast period. This segment encompasses various dressings like alginate, collagen, foam, hydrocolloid, hydrogel, wound contact layers, and film dressings. Market players like ConvaTec are driving growth with products such as FoamLite foam dressing, catering to a wide range of wound severities.
Increasing prevalence of burn injuries worldwide is fueling demand for advanced dressing solutions. Valued at USD 563.79 million in 2018, this segment is witnessing rapid expansion, supported by innovative materials and surgical techniques, including skin grafts and regenerative medicine options like stem cell therapies.
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Research Analysis
The Burn Care Centers Market in the United States is a significant segment of the healthcare industry, focusing on the treatment of trauma cases resulting from burn injuries. These centers cater to both the male and female populations across all age groups, including the pediatric age group. The market encompasses various service types, primarily the in-patient segment, which includes hospitalizations for the management of morbidity and mortality due to burn injuries.
Research Square and The Burns Journal are essential resources for staying updated on the latest advancements in burn care. These publications feature studies on various burn degrees, such as partial-thickness burns, full-thickness burns, and third-degree burns. NCBI research studies and the United States FDA play a crucial role in ensuring the safety and efficacy of advanced dressings like StrataGraft and alginate for wound debridement and pain management.
The market is continually evolving, with a focus on improving patient outcomes and reducing complications. Key areas of research include the development of innovative technologies for burn care, such as advanced dressings and pain management techniques. The National Burn Repository serves as a valuable resource for tracking trends and outcomes in burn care.
Market Research Overview
The Burn Care Centers market in the US is a critical segment of healthcare services, focusing on the treatment and management of burn injuries. These centers provide essential care to patients, including wound cleaning, dressing changes, pain management, and rehabilitation. The market is driven by the increasing number of burn cases due to various causes such as household accidents, industrial injuries, and thermal injuries.
Advanced technologies, including tissue regeneration techniques and specialized dressings, are being employed to improve patient outcomes and reduce healing time. The market is also influenced by regulatory policies and insurance coverage for burn care services. The demand for burn care centers is expected to grow due to the rising awareness of burn injury prevention and the increasing population at risk.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Therapy
- Advanced Burn Care
- Biologics
- Traditional Burn Care
- Type
- Third-degree (full Thickness) Burns
- Second-degree (partial Thickness) Burns
- First-degree (superficial) Burns
- End-user
- Hospitals
- Outpatient Facilities
- Home Care
- Research And Manufacturing
- Geography
- North America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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