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Acelity L.P., Inc. Is Going to Dominate Global Burn Care Market - Growing CAGR of +7.0% in Forecast Period 2017-2024

Burn Care Market is expected to reach 3,253.99 million by 2024 from 1,911.77 million in 2016, at a CAGR of 7.0% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.


Pune, India -- (SBWIRE) -- 01/10/2018 -- Global Burn Care Market Segmented By Product Type (Advanced Burn Care Products, Biologics, Traditional Burn Care Products, Other), By Depth of Burn (Partial-Thickness Burns, Minor Burns, Full-Thickness Burns), By End User (Hospitals, Burn Care Centers, Homecare, Clinic, Others), By Distribution Channel (Direct Tender, Retail), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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Company Detail:

The Acelity L.P., Inc., Smith & Nephew and Mölnlycke Health Care AB are dominating the market for global burn care market in 2016. The global burn care market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The Acelity L.P., Inc., dominated the burn care market accounting for a highest market share in 2016, followed by Smith & Nephew and Molyncke Healthcare. Other players in this market include ConvaTec Group PLC, Coloplast Group, Integra Lifesciences Corporation (Derma Sciences Inc.), Medtronic, 3M, Hollister Incorporated and DeRoyal Industries, Inc. among others.

Acelity L.P. Inc.:

Acelity L.P. Inc., founded in 1976 and headquartered in Texas, U.S. It is engaged in advanced wound care therapy products. It offers wide range of product portfolio of clinical solutions for wound management, open abdomen management, incision management, epidermal harvesting and animal health.

- It owns 5,000 people globally and served 90 countries.

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Key Drivers:

The major factors driving the growth of this market are increasing incidence of burn injuries, advancements in burn care products, rising number of emergency centres and burn units, increasing healthcare expenditure, rising investments in healthcare infrastructure are boosting the growth of the global burn care market. On the other hand, high cost of advanced treatments and products, lack of reimbursement, stringent regulatory requirements may hinder the growth of the market.

Key Points:

Acelity L.P., Inc. is going to dominate the global burn care followed by Smith & Nephew, Molyncke Healthcare and other players operating in this market are include ConvaTec Group PLC, Coloplast Group, Integra Lifesciences Corporation (Derma Sciences Inc.), Medtronic, 3M, Hollister Incorporated and DeRoyal Industries, Inc. among others.

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Related Report

Global Wound Closure Devices Market – Industry Trends and Forecast to 2024

Global Wound Closure Devices Market, By Types {Adhesives, Staples, Mechanical, Sutures (Absorbable, Non- absorbable, Braided, Monofilament)}; Application (Burns, Ulcers, Surgical Wounds, Pressure ulcers, Diabetic ulcers, Arterial ulcers); End User{Hospitals, Home Care, Ambulatory Surgical Centers (ASCs)}, Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

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