Product Code: GVR-4-68039-196-6
Burn Care Centers Market Growth & Trends:
The global burn care centers market size is expected to reach USD 31.9 billion by 2030, as per a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 4.1% from 2022 to 2030. The increasing global caseload is responsible for nearly 180,000 mortalities each year, as per the WHO. The majority of these incidences and accidents occur in lower-middle-income countries in the Asia Pacific and Latin American regions. The current market is witnessing an overall increase in the cost of care, which is a major driver behind the growth of the market.
According to an article published on UpToDate, burns rank 4th in the common types of trauma, on a global level. It also states that low-middle income countries despite having high incidences of trauma, severely lack the necessary infrastructure and means to manage these patients. Another article published in Annals of Burns and Fire Disasters states that treatment and care in most of these countries are often delayed. Rural areas are more severely impacted due to the lack of proper medical facilities. For instance, in Ghana, only 48% of Pediatric injuries are treated at modern healthcare facilities.
In the facility type, the in-hospital type held the largest revenue share of more than 50.0% in 2021. The majority of developing and underdeveloped nations have a scarcity of specialized treatment units, due to which the patient load or volume goes to in-hospital settings. In these countries, the cost of care at specialized treatment units is much higher and is another reason why in-hospital settings record the majority of admissions. However, the stand-alone centers are forecasted to see a surge in growth rate. This can be credited to the growing need for the quality of care and management of patients that these units are capable of delivering.
In the treatment type, the largest revenue share was held by the wound-debridement section. It is the standard procedure in case of all injuries, this not only helps in avoiding infections but also promotes faster healing resulting in better outcomes. The highest growth potential has been exhibited by the pain management section for treatment type. Pain management in patients has come to be of paramount importance even when deciding the kind of wound dressing to be used for the patient. The pain during the healing process can have severe psychological implications due to which the recovery can be hampered, this is a primary driver for growth in this treatment type. A research article published in the Burns journal stated that the patient population studied considered several important factors while considering the type of dressing, nearly 80% responded with pain-free dressings as the most important characteristic.
The partial-thickness burns segment held the largest revenue share in 2021. The majority of the cases fall into the category of less than 10% TBSA. Partial-thickness wounds if not treated timely and properly can fester into infections and can turn fatal. The fastest growth is to be exhibited by the full-thickness burns and require management at specialized medical centers which are capable of providing advanced surgical and non-surgical interventions in care management. The in-patient services segment held the largest revenue share in 2021, owing to the increasing cost of treatment. There has been an overall decline in the annual number of cases, especially during COVID and otherwise as well. Workplaces have fire-safety norms in place to better manage situations to avoid accidents. The cost of care, however, has risen, and thus the market is growing. It is expected to grow lucratively during the forecast period.
North America accounted for the majority revenue share of over 40% in 2021. The region has the largest number of specialized burn care units, totaling to 120, across the U.S., many of which are verified by the American Burn Association. The reimbursement plans for patients also significantly support the growth of the North American market. The fastest growth however is being seen in the Asia Pacific region. This can be attributed to the improving healthcare infrastructure due to increased healthcare spending. As per World Bank data, East Asia and Pacific's annual healthcare spending in 2019 was 6.7% of the region's GDP, higher than the 2018 value.
The lack of proper resources has also been providing a necessary push to the concerned authorities to bring about the formation of specialized treatment units in the region's countries. The above-listed reasons are contributing significantly to the growth of the market. There was an overall decline in the number of patients going to burn care units in hospitals or burn centers, the major focus was on the COVID-19 pandemic. However, due to global lockdowns and cross-border trade restrictions, the cost of materials and amenities shot up, ultimately increasing the overall cost of care being delivered to burn patients across the globe.
Burn Care Centers Market Report Highlights:
- The market revenue is expected to reach USD 31.9 billion by 2030. The increasing need to find specialized care for burn patients is driving the market
- The in-hospital segment bagged the largest revenue share owing to the limited number of specialized units
- The pain management segment is anticipated to emerge as the fastest-growing treatment type for burn patients across the globe
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Market Definition
- 1.2 Research Methodology
- 1.2.1 Information Procurement
- 1.2.2 Purchased Database:
- 1.2.3 Gvr's Internal Database
- 1.2.4 Primary Research:
- 1.2.5 Methodology
- 1.2.6 Country Market: Cagr Calculation
- 1.3 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segment Outlook
- 2.3 Competitive Insights
- 2.4 Market Snapshot
Chapter 3 Burn Care Centers Market Variables, Trends & Scope
- 3.1 Penetration And Growth Prospect Mapping
- 3.2 Market Dynamics
- 3.2.1 Market Driver Analysis
- 3.2.1.1 Increase In The Number Of In-Hospital Burn Care Facilities
- 3.2.1.2 Growing Initiatives To Increase Awareness Regarding Burn Injuries
- 3.2.1.3 Growing Incidence Of Burn-Related Injuries
- 3.2.2 Market Restraint Analysis
- 3.2.2.1 High Cost Of Burn Care Treatment
- 3.2.3 Industry Challenges
- 3.2.3.1 Challenges In Transportation Of Burn Care Patients During Hospital Care
- 3.3 Burn Care Centers Market Analysis Tools
- 3.3.1 Industry Analysis: Porter's
- 3.3.1.1 Bargaining Power Of Suppliers: Low
- 3.3.1.2 Bargaining Power Of Buyers: High
- 3.3.1.3 Threat Of Substitution: Moderately Low
- 3.3.1.4 Threat Of New Entrants: Moderately High
- 3.3.1.5 Competitive Rivalry: High
- 3.3.2 Pestel Analysis
- 3.3.2.1 Political And Legal Landscape
- 3.3.2.2 Economic Landscape
- 3.3.2.3 Social Landscape
- 3.3.2.4 Technology Landscape
- 3.4 Regulatory Framework & Reimbursement Scenario
- 3.5 Impact Of Covid-19 On Burn Care Centers Market
- 3.6 Methodologynumber Of Hospital Burn Care Units And Standalone Burn Care Centers (2021)
Chapter 4 Competitive Landscape
- 4.1 Recent Developments & Impact Analysis, By Key Market Participants
- 4.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
- 4.3 Vendor Landscape
- 4.3.1 Company Market Position Analysis (Geographic Presence, Product Portfolio, Strategic Alliances, Revenue)
- 4.3.2 Company Market Ranking, By Region
- 4.3.2.1 North America
- 4.3.2.2 Europe
- 4.3.2.3 Asia Pacific
- 4.3.2.4 Latin America
- 4.3.2.5 MEA
Chapter 5 Burn Care Centers Market: Facility Type Estimates And Trend Analysis
- 5.1 Burn Care Centers Market: By Facility Type Analysis
- 5.2 In-Hospital
- 5.2.1 In-Hospital Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 5.3 Standalone
- 5.3.1 Standalone Market Estimates And Forecasts, 2016 - 2030 (USD Million)
Chapter 6 Burn Care Centers Market: Procedure Type Estimates And Trend Analysis
- 6.1 Burn Care Centers Market: Procedure Type Movement Analysis
- 6.2 Wound Debridement
- 6.2.1 Wound Debridement Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 6.3 Skin Graft
- 6.3.1 Skin Graft Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 6.4 Wound Management
- 6.4.1 Wound Management Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 6.5 Respiratory Intubation And Ventilation
- 6.5.1 Respiratory Intubation And Ventilation Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 6.6 Pain Management
- 6.6.1 Pain Management Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 6.7 Blood Transfusion
- 6.7.1 Blood Transfusion Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 6.8 Infection Control
- 6.8.1 Infection Control Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 6.9 Rehabilitation
- 6.9.1 Rehabilitation Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
Chapter 7 Burn Care Centers Market: Burn Severity Estimates & Trend Analysis
- 7.1 Burn Care Centers Market: By Burn Severity Analysis, 2021 & 2030, USD Million & % Share
- 7.2 Minor Burns
- 7.2.1 Minor Burns Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 7.3 Partial Thickness Burns
- 7.3.1 Partial-Thickness Burns Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 7.4 Full Thickness Burns
- 7.4.1 Full-Thickness Burns Market Estimates And Forecasts, 2016 - 2030 (USD Million)
Chapter 8 Burn Care Centers Market: Service Type Estimates & Trend Analysis
- 8.1 Burn Care Centers Market: By Service Type Analysis, 2021 & 2030, USD Million & % Share
- 8.2 Inpatient
- 8.2.1 Inpatient Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 8.3 Outpatient
- 8.3.1 Outpatient Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 8.4 Rehabilitation
- 8.4.1 Rehabilitation Market Estimates And Forecasts, 2016 - 2030 (USD Million)
Chapter 9 Burn Care Centers Market: Regional Estimates & Trend Analysis, By Facility Type, By Procedure Type, Burn Severity, And Service Type
- 9.1 Burn Care Centers Market Share, By Region, 2021 & 2030, USD Million & % Share
- 9.2 North America
- 9.2.1 North America Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.2.2 U.S.
- 9.2.2.1 U.S. Burn Care Centers Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.2.3 Canada
- 9.2.3.1 Canada Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.3 Europe
- 9.3.1 Europe Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.3.2 U.K.
- 9.3.2.1 U. K. Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.3.3 Germany
- 9.3.3.1 Germany Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.3.4 France
- 9.3.4.1 France Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.3.5 Italy
- 9.3.5.1 Italy Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.3.6 Spain
- 9.3.6.1 Spain Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.3.7 Russia
- 9.3.7.1 Russia Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.4.2 Japan
- 9.4.2.1 Japan Burn Care Centers Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.4.3 China
- 9.4.3.1 China Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.4.4 India
- 9.4.4.1 India Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.4.5 South Korea
- 9.4.5.1 South Korea Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.4.6 Australia
- 9.4.6.1 Australia Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.5 Latin America
- 9.5.1 Latin America Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.5.2 Brazil
- 9.5.2.1 Brazil Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.5.3 Mexico
- 9.5.3.1 Mexico Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.5.4 Argentina
- 9.5.4.1 Argentina Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.6 Middle East And Africa
- 9.6.1. Middle East And Africa Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.6.2 South Africa
- 9.6.2.1 South Africa Burn Care Centers Market Revenue Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.6.3 Saudi Arabia
- 9.6.3.1 Saudi Arabia Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
- 9.6.4 UAE
- 9.6.4.1 UAE Burn Care Centers Market Estimates And Forecasts, 2016 - 2030 (USD Million)
Chapter 10 Competitive Analysis
- 10.1 Company Profiles
- 10.1.1 Lac+Usc Medical Burn Center
- 10.1.1.1 Company Overview
- 10.1.1.2 Financial Performance
- 10.1.1.3 Service Benchmarking
- 10.1.1.4 Strategic Initiatives
- 10.1.2 Weill Cornell Medicine William Randolph Hearst Burn Center
- 10.1.2.1 Company Overview
- 10.1.2.2 Financial Performance
- 10.1.2.3 Service Benchmarking
- 10.1.3 Temple University Hospital Adult Burn Center
- 10.1.3.1 Company Overview
- 10.1.3.2 Financial Performance
- 10.1.3.3 Service Benchmarking
- 10.1.3.4 Strategic Initiatives
- 10.1.4 Parkland Memorial Hospital Regional Burn Center
- 10.1.4.1 Company Overview
- 10.1.4.2 Financial Performance
- 10.1.4.3 Service Benchmarking
- 10.1.4.4 Strategic Initiatives
- 10.1.5 Medstar Washington Hospital Center
- 10.1.5.1 Company Overview
- 10.1.5.2 Financial Performance
- 10.1.5.3 Service Benchmarking
- 10.1.6 Umc Lions Burn Center
- 10.1.6.1 Company Overview
- 10.1.6.2 Financial Performance
- 10.1.6.3 Service Benchmarking
- 10.1.6.4 Strategic Initiatives
- 10.1.7 Burn And Reconstructive Centers Of America
- 10.1.7.1 Company Overview
- 10.1.7.2 Financial Performance
- 10.1.7.3 Service Benchmarking
- 10.1.7.4 Strategic Initiatives
- 10.1.8 Pediatric Burn Care Center (The General Hospital Corporation)
- 10.1.8.1 Company Overview
- 10.1.8.2 Financial Performance
- 10.1.8.3 Service Benchmarking
- 10.1.8.4 Strategic Initiatives
- 10.1.9 University Of Rochester Medical Center
- 10.1.9.1 Company Overview
- 10.1.9.2 Financial Performance
- 10.1.9.3 Service Benchmarking
- 10.1.9.4 Strategic Initiatives
- 10.1.10 Chelsea & Westminster Hospital
- 10.1.10.1 Company Overview
- 10.1.10.2 Financial Performance
- 10.1.10.3 Service Benchmarking
- 10.1.10.4 Strategic Initiatives
- 10.1.11 St. Barnabas Burn Center
- 10.1.11.1 Company Overview
- 10.1.11.2 Financial Performance
- 10.1.11.3 Service Benchmarking
- 10.1.12 National Burns Center (India)
- 10.1.12.1 Company Overview
- 10.1.12.2 Service Benchmarking
- 10.1.12.3 Strategic Initiatives