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Europe Burn Care Market Forecast 2021-2028

KEY FINDINGS

The Europe burn care market is anticipated to record a CAGR of 5.55% during the forecast period, 2021-2028. The primary factors attributed to the market growth are growing awareness of treatment options and increasing burn cases.

MARKET INSIGHTS

Belgium, Poland, the United Kingdom, Germany, France, Italy, Russia, and Rest of Europe, are assessed for the Europe burn care market growth evaluation. In France, around 500,000 are affected by background burns. Another growth driver is the increasing road accident incidents. Also, healthcare expenditure is on the rise. The health expenditure in 2018 was 11.3% of the GDP. In Russia, the healthcare system is improving rapidly. The majority of polyclinics and hospitals are public, belonging to local, regional, or federal governments. There has been an increase in the per capita disposable income of end-consumers. Further, as per stats, around 16.6 thousand road traffic accidents were recorded in 2020.

Belgium has witnessed the commercialization of advanced techniques, giving rise to various treatment modalities in various centers. The superficial treatments are administered conservative treatment, and for deep burns, surgical treatment. Also, the BABI (Belgian Association of Burn Injury) has a prehospital plan for burn disaster management. It is advanced and as competent as in high-income countries. In Spain, as per the Ministry of Education, Culture, and Sports, more than 53% of Spaniards aged above 15 practice sports. This leads to injuries that cause friction burns. In countries like the Netherlands, wound care products witness high sales in the family purchases category, given the increasing burn injuries from households.

COMPETITIVE INSIGHTS

Some of the market's prominent players are Molnlycke Health Care AB, Smith & Nephew Plc, Medline Industries Inc, Johnson & Johnson (Ethicon Inc), etc.

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Europe Burn Care Market Forecast 2021-2028
Published By :Inkwood Research
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