Burn Ointment Market Potential Effect on Upcoming Future Growth, Competitive Analysis and Forecast 2029


Posted October 5, 2023 by Shitalmax

Burn Ointment Market size was valued at US$ 971.87 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 6.1% through 2023 to 2029, reaching nearly US$ 1471.01 Mn.

 
Market Overview:

The "Burn Ointment Market" research report is designed to provide real-time market intelligence to assist decision-makers in making informed investment choices. It presents a comprehensive analysis of the global Burn Ointment Market, covering aspects such as Product Types, End Users/Applications, Key Manufacturers, and Various Key Regions.

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Scope of the Market:

This research report delves into the growth opportunities, challenges, and thorough market analysis. Employing Porter's five forces analysis, we evaluate how various factors, including supplier bargaining power, competitor intensity, the threat of substitutes, and buyer power, impact the trends in the Burn Ointment industry.

Market Drivers:

The industry is progressing because burns are getting more prevalent and because individuals are becoming more informed about their treatment options. The World Health Organization (WHO) reported that on average, burns result in 265,000 fatalities worldwide each year. The majority of these fatalities take place in low- to middle-income nations, with Southeast Asia being the region where 50% of all fatalities take place. Additionally, 173,000 children in Bangladesh and around 1,000,000 people in India suffer moderate to severe burns annually. It went on to say that every year in the United States, there are around 10,000 flame wound victims and 4,500 burn casualties.

Segmentation:

by Product

Topical Antibiotics
Silver
Iodine
Others

by Depth of Burn

Minor Burns
Partial Thickness Burns
Full Thickness Burns

by End-Use

Hospital
Clinics
Others

Key Players:

The prominent players in the Burn Ointment market include:

1. Johnson & Johnson
2. Sun Pharmaceutical Industries Ltd.
3. Dr.Morepen
4. Smith & Nephew
5. ConvaTec Inc.
6. GlaxoSmithKline PLC (GSK)
7. Pfizer, Inc.
8. Perrigo Company PLC
9. Sun Pharmaceutical Industries Ltd.
10. Cipla Limited
11. Mankind Pharma Ltd.
12. Kinetic Concepts, Inc.
13. Anika Therapeutics
14. B. Braun Melsungen AG
15. Cardinal Health
16. Integra LifeSciences Corporation

For detail insights on this market, request for methodology here@https://www.maximizemarketresearch.com/market-report/global-burn-ointment-market/107774/

Regional Analysis:

Our analysts have conducted a detailed study of the global Burn Ointment market across the following regions:

North America (including the United States and Canada)
European Union (encompassing Germany, France, the United Kingdom, and Russia)
Asia-Pacific region (covering China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (comprising Brazil, Argentina, and Colombia)
Africa and the Middle East (encompassing Saudi Arabia, UAE, Egypt, and South Africa)

COVID-19 Impact Analysis on Burn Ointment Market:

This report also includes a comprehensive analysis of the impact of the COVID-19 pandemic on the global Burn Ointment market.

Key Questions Addressed in the Burn Ointment Market Report:

What is the expected Compound Annual Growth Rate (CAGR) of the Burn Ointment market during the forecast period (2021-2027)?
Which segment emerged as the leading one in the Burn Ointment market in 2020?
Who are the key players driving the Burn Ointment market?
What key trends are anticipated to surface in the Burn Ointment market during the forecast period?

A detailed Market Overview

Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Issued By MMR
Country India
Categories Health
Tags burn ointment market , burn ointment market size , burn ointment market share , burn ointment market growth
Last Updated October 5, 2023