Report ID: UCMIR35B2204
Report ID:
UCMIR35B2204 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The U.S. market for burn care, valued at USD 938.9 million in 2022, is projected to experience a compound annual growth rate (CAGR) of 6.33% from 2023 to 2030. One significant driver of this growth is the increasing prevalence of burn-related injuries anticipated over the forecast period. Additionally, there is a growing demand for less invasive procedures to enhance the aesthetic outcomes for burn patients, contributing significantly to the expansion of the market. Furthermore, the rising emphasis on aesthetic concerns among patients plays a noteworthy role in driving the demand for burn care products. Moreover, the utilization of biologics for wound treatment offers advantages such as accelerated wound healing, cost-effectiveness, and shorter hospital stays, which are expected to further fuel market growth.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIR35B2204