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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Burn Pain Market Analysis
The burn pain market growth is expected to be driven by the innovative research mindset of researchers and doctors who are trying innovative approaches to find an effective solution in pain management in burn patients. Some researchers at Standford have discovered a potential new avenue to cure burn injury pain without the use of opioids. This new approach will work by targeting a specific area of well-known pain receptors, exhibiting possible results as the researchers were able to reduce pain sensitivity in mice without affecting the receptor’s other functions, such as sensitivity to heat. The increasing number of such observational studies exhibiting positive results shows hope for future treatment approaches for better patient outcomes suffering from burn injuries. Such developments are likely to contribute significantly to the burn pain market share.
The growth of the market can also be attributed to the increasing incidence of burning acts or mishaps whether on a small scale or large. These mishaps usually happen in kitchens or workplaces where there is some sort of involvement of gases chemicals, or fire. According to the data released by the World Health Organization WHO, burns claim nearly 180,000 deaths every year. The vast majority of these cases occur in low- and middle-income countries. Non-fatal burn injuries are a major cause of morbidity.
Burn Pain Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 843.34 million in 2023, driven by increasing knowledge about burn pain management.
The market is anticipated to grow at a CAGR of 6.9% during the forecast period of 2024-2032, likely to reach a market value of USD 1780 million by 2032.
The increasing awareness programs by government and non-profit organizations such as WHO and ABA to spread awareness about treatment options for burn injuries is a major factor driving the market growth.
The innovative research involving virtual reality distraction in burn pain management and more ongoing studies like this are among the major factors driving the market growth.
The major regions of the market include the United States, Japan, EU-4 and the United Kingdom. EU-4 includes Germany, France, Italy, and Spain.
Minor, partial-thickness and full-thickness burns are the different kinds of depths.
Routes of burn include thermal burn, electrical burn, chemical burn, radiation burn, and friction burn, among others.
It includes hospitals, physician clinics, and home care.
Key players involved in the market are Smith+Nephew, Mölnlycke Health Care AB, Convatec Inc., 3M, Coloplast Group, Medtronic, Accell Group, Anika Therapeutics, Inc., B. Braun Melsungen AG, Cardinal Health., DeRoyal Industries, Hollister, Integra LifeSciences Corporation, Medline Industries, Inc., and Essity Aktiebolag.
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