PUBLISHER: The Business Research Company | PRODUCT CODE: 1546440
PUBLISHER: The Business Research Company | PRODUCT CODE: 1546440
Burn care centers are specialized medical facilities designed to diagnose, treat, and rehabilitate patients who have suffered burn injuries of varying degrees of severity. These centers provide tailored treatment to address the specific needs of burn victims, promoting optimal recovery and reducing long-term complications such as scarring and functional limitations.
Services offered in burn care centers typically include inpatient, outpatient, and rehabilitation care. Inpatient services involve close monitoring, wound care, and sometimes surgical procedures for patients with severe burns or complex medical needs that cannot be managed on an outpatient basis. Various therapies, including surgical interventions, wound care management, and pain management, are utilized depending on the severity of the burn, which ranges from minor burns to partial-thickness and full-thickness burns. These services cater to a wide range of end users, including households, hospitals, clinics, and other healthcare providers.
The burn care centers market research report is one of a series of new reports from the business research company that provides burn care centers market statistics, including burn care centers industry global market size, regional shares, competitors with an burn care centers market share, detailed burn care centers market segments, market trends and opportunities, and any further data you may need to thrive in the burn care centers industry. This burn care centers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The burn care centers market size has grown strongly in recent years. It will grow from $20.03 billion in 2023 to $21.19 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth observed in the historical period can be credited to several factors including an increase in burn injuries, government backing and financial support, advancements in treatment protocols for burns, awareness campaigns, enhanced medical infrastructure, a rise in specialized burn units, military conflicts, and natural disasters.
The burn care centers market size is expected to see strong growth in the next few years. It will grow to $26.69 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The anticipated growth in the forecast period is driven by heightened investments in healthcare, growing awareness about advanced burn treatment, global health initiatives, an aging population, urbanization and industrialization, telemedicine and remote care. Key trends expected in this period include the integration of AI and machine learning, advancements in 3D printing technology, progress in regenerative medicine, the adoption of wearable technology, integration of telehealth services, use of virtual reality for pain management, and innovations in nanotechnology for burn care.
The burn care center market is anticipated to grow due to an increasing incidence of fire-related industrial accidents. These accidents, stemming from factors such as electrical faults, chemical reactions, machinery malfunctions, human error, and insufficient safety measures in industrial settings, often result in injuries and property damage. Such incidents are exacerbated by inadequate safety protocols and the use of more complex machinery and materials. Burn care centers play a critical role in treating severe burn victims by offering specialized medical care, rehabilitation, and recovery support. For example, in November 2023, the American Burn Association reported 30,135 burn cases in 2022 and 152,312 cases over five years, with flame or flash incidents accounting for 40% of all cases, mainly accidental. This trend underscores the increasing demand for burn care centers to address the rising risk of fire-related industrial accidents.
Leading companies in the burn care centers market are leveraging telehealth technologies to improve access to specialized care for burn patients. Telehealth facilitates remote consultations and assessments between burn specialists and healthcare providers across different locations, enabling quicker decision-making on treatment plans. For instance, Staten Island University Hospital introduced Northwell Health's teleburn service in June 2023. This innovative technology utilizes video teleconferencing for real-time assessment of burn patients shortly after injury, ensuring prompt access to expert care and appropriate treatment decisions. This initiative aims to enhance patient outcomes by leveraging telehealth's capabilities for timely evaluation and intervention.
In December 2022, Sunrise Hospital and Medical Center, a healthcare facility in the United States known for its broad range of medical services, purchased The Burn and Reconstructive Center for an undisclosed sum. This acquisition seeks to improve and broaden specialized care for burn and wound patients, both adults and children, in Southern Nevada and nearby areas. The Burn and Reconstructive Center, also based in the US, specializes in comprehensive treatment for burns and wounds across all age groups.
Major companies operating in the burn care centers market are Mayo Clinic, Cleveland Clinic, NewYork-Presbyterian Hospital, The Johns Hopkins Medicine, Stanford Health Care, University of Washington Medical Center, Duke University Hospital, University Of Rochester Medical Center, Massachusetts General Hospital, Brigham and Women's Hospital, University of Chicago Hospital, Cedars-Sinai Medical Center, Parkland Memorial Hospital Regional Burn Center, Temple University Hospital Adult Burn Center, UMC Lions Burn Center, Ronald Reagan UCLA Medical Center, Lehigh Valley Health Network Regional Burn Center, Medstar Washington Hospital Center, Chelsea And Westminster Hospital, Burn And Reconstructive Centers of America, Lac+Usc Medical Burn Center, National Burns Center, Vanderbilt Burn Center, St. Barnabas Burn Center, The Grossman Burn Center
North America was the largest region in the burn care centers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the burn care centers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the burn care centers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The burn care centers market includes revenues earned by entities through providing services such as initial assessment and stabilization of burn injuries, infection control measures, specialized burn dressing applications, and long-term follow-up care to monitor healing and address any complications arising from burn injuries. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Burn Care Centers Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on burn care centers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for burn care centers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The burn care centers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.