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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Burn Pain Market Size
The burn pain market size was valued at USD 843.34 million in 2023, driven by the increasing innovations and increasing number of favourable government initiatives. The market size is anticipated to grow at a CAGR of 6.9% during the forecast period of 2024-2032 to achieve a value of USD 1780 million by 2032.
Burn Pain: Introduction
Burns occur when skin tissues get damaged due to heat, chemicals, electricity, radiation, or sun exposure. Approximately 500,000 people require medical treatment for accidental burns each year. First-degree burns and most second-degree burns can be treated at home with the prescribed medicines. On the other hand, third-degree burns are severe and can be life-threatening, requiring specialized medical care.
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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