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Burn Care Market size should witness significant growth due to increasing prevalence of burn-related injuries and sprouting awareness levels pertaining to burn cure management amongst people. The willingness to opt for novel wound care products, intensifying demand for minimally invasive surgeries and procedures to improve the cosmetic appeal of patients suffering from burns will drive the business growth. Injuries occur due to hot liquids and fire account for disability-adjusted life-years (DALYs) lost in low and middle-income countries. Moreover, alcoholism leading to violence between people may also lead to burn injuries. As per WHO, in 2016, an estimated 265,000 deaths occurred due to burns worldwide, with majority in low and middle-income countries and almost half reported in South-East Asian Regions. <br> <br>
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Burn Care Market Size, Industry Analysis Report, Regional Outlook & Forecast, 2017 – 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Burn Care Market : • Burn care market size should witness significant growth due to increasing prevalence of burn-related injuries and sprouting awareness levels pertaining to burn cure management amongst people. • The willingness to opt for novel wound care products, intensifying demand for minimally invasive surgeries and procedures to improve the cosmetic appeal of patients suffering from burns will drive the business growth. Injuries occur due to hot liquids and fire account for disability-adjusted life-years (DALYs) lost in low and middle-income countries. • Moreover, alcoholism leading to violence between people may also lead to burn injuries. As per WHO, in 2016, an estimated 265,000 deaths occurred due to burns worldwide, with majority in low and middle-income countries and almost half reported in South-East Asian Regions. • Pernicious burns are leading cause of morbidity, including disability and disfigurement accompanied with prolonged hospitalization.
The alteration in preference toward skin grafts and rising concerns regarding aesthetic appearance amongst patients are yet another paramount factor boosting the burn care market growth. • According to the National Fire Protection Association in 2014, about 310 deaths were reported from vehicle crash fires, 2,745 from residential fires and 220 from other sources in the U.S. • The apparent trend in the industry not only emphases on the long-term improvement but also speedy recovery from injury. • Requirement for skin grafts and numerous other skin substitutes for the treatment and management of acute injuries will further show upward shift during the forecast period. Prohibitive cost associated with the treatment and limited reimbursement policies in low and middle-income countries can hamper the business growth in future.
Competitive Market Share of Burn Care Market • Increasing number of programs to enhance public awareness pertaining will create immense growth opportunities. • For instance, American Burn Association carries out Burn Awareness week, a window opportunity for organizations to mobilize fire, burn as well as life safety educators for sharing a common prevention and awareness message. • The main objective of Burn Awareness week is to bring awareness to the cause of devastating and costly injuries and encourage the public to make simple behavioral and environmental changes to mitigate the problem. • The advance dressing product segment held a momentous share as of 2016, due to high-pitched penetration rates in developed countries.
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