1 / 4

Burn Ointment Market Size Worth $1.3 Billion By 2027

The global burn ointment market size is estimated to touch USD 1.3 billion by 2027, according to a new report by Million Insights. The market is projected to grow at 6.1% CAGR over the forecast duration.

MarketInsights123
Download Presentation

Burn Ointment Market Size Worth $1.3 Billion By 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Burn Ointment Market Size Worth $1.3 Billion By 2027 “The global burn ointment market size is estimated to touch USD 1.3 billion by 2027. The market is projected to grow at 6.1% CAGR over the forecast duration. Factors such as increasing awareness about various treatment methods, technological advancements and increasing incidents of the blaze are propelling the growth of the market.” The global burn ointment market size is estimated to touch USD 1.3 billion by 2027. The market is projected to grow at 6.1% CAGR over the forecast duration. Factors such as increasing awareness about various treatment methods, technological advancements and increasing incidents of the blaze are propelling the growth of the market. Government supportive initiatives aimed at providing easy reimbursement up to 100% is further driving the market growth. Easy reimbursement has led to easy access to advanced wound care facilities. Apart from the government, non- governmental organizations such as the American Burn Association (ABA) are also contributing to increasing awareness. The rise in the number of burn accidents is likely to supplement the growth of cost-effective treatment methods. As reported by the World Health Organization, almost 96% of fatal fire accidents occur in low and middle-income countries. Further, the global health body states that 265,000 deaths take place annually due to fire-related accidents. Therefore, the rise in the number of fire-accidents in these countries offers a lucrative opportunity for the market players. North America held the highest share in the burn ointment market with 42.0% in 2019 owing to the increasing number of burn-accidents and growing awareness regarding treatment methods. While, on the other hand, Asia Pacific is projected to register the maximum growth over the forecast duration owing to the increasing number of fire-accidents in Southeast Asian countries. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-burn-ointment-market/request-sample

  2. Further key findings from the report suggest: • By product, the topical antibiotics accounted for the highest share in the market in 2019. • Depending on the depth of burn, minor burn category held the largest share in the market in 2019. • It is estimated that the hospital segment would witness the highest growth over the forecast duration. • North America accounted for 42.0% share in the market in 2019 and thus, emerged as the leading region. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-burn-ointment-market Million Insights has segmented the global burn ointment market on the basis of product, depth of burn, end-use and region: Burn Ointment Product Outlook (Revenue, USD Million, 2016 - 2027) • Topical Antibiotics • Silver • Iodine • Others Burn Ointment Depth of Burn Outlook (Revenue, USD Million, 2016 - 2027) • Minor • Partial Thickness • Full Thickness Burn Ointment End-use Outlook (Revenue, USD Million, 2016 - 2027) • Hospitals • Clinics • Others

  3. Burn Ointment Regional Outlook (Revenue, USD Million, 2016 - 2027) • North America • The U.S. • Canada • Europe • The U.K. • Germany • Asia-Pacific • Japan • China • Latin America • Brazil • Mexico • MEA • South Africa • Saudi Arabia List of Key Players of Burn Ointment Market • Johnson & Johnson • Sun Pharmaceutical Industries Ltd. • Dr.Morepen • Smith & Nephew • ConvaTec Inc.

  4. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/pharmaceuticals Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

More Related