In 2018, as per the World Health Organization (WHO), an estimated count of 180,000 deaths occurred every year due to chronic burn injuries. Due to these rising burn cases worldwide, there is an emergent need for better and advanced treatment options. The most commonly considered treatment, skin graft usage, is also increased due to the growth in the demand for burn care treatments. First-degree or superficial burns can heal using the body's natural healing mechanism. Still, second, third-degree, or full-thickness burns require skin grafting surgeries to fast healing with minimum scar formations. Due to increasing demand, various skin grafts are in use, including allograft, xenograft, autograft, meshed skin grafts, and sheet grafts. Hence, the enormous advantages of the latest skin grafting procedures providing minimal scar application have further enhanced the growth of the global deep partial-thickness thermal burns treatment market.
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The global deep partial-thickness thermal burns treatment market is being propelled by several key drivers. The increasing incidence of thermal burns due to various factors, including accidents and industrial mishaps, is creating a growing demand for effective treatment options. Advancements in burn care technology, such as innovative wound dressings and regenerative medicine solutions, are expanding the range of available treatments and improving patient outcomes. Additionally, the growth of healthcare infrastructure in emerging markets, along with an aging population more prone to burns, offers new opportunities for companies in the burn care industry to meet the rising demand for advanced and innovative therapies, thus driving market expansion.
Data Bridge Market Research analyses that the global deep partial-thickness thermal burns treatment market which was USD 1,152.28 million in 2022, is expected to reach USD 2,148.64 million by 2030, and is expected to undergo a CAGR of 8.10% during the forecast period 2023-2030. This indicates that the market value. “Wound care” dominates the treatment segment of the global deep partial-thickness thermal burns treatment market owing to an increase in the number of thermal burns cases. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Surge in Healthcare Expenditure globally is expected to drive the market's growth rate
People are getting more aware of their health and also there is alertness for preventive healthcare. Emphasis on healthcare is gaining popularity. The advanced technology available in the healthcare system is helping manufacturers to produce novel anti-herpetic drugs, which are used to treat various conditions of deep partial-thickness thermal burns treatment and lead to higher survival rates. A developed health infrastructure guarantees a strong and healthy manpower for providing healthcare services. It includes advanced machines and developed pharmaceutical industry. For instance, According to Centers for Medicare and Medicaid Services, in 2018, National Health Expenditures (NHE) rises by 4.6% to USD 3.60 trillion (USD 11,172 per person), which accounts for 17.7% of GDP. National health spending will reach to USD 6.20 trillion by 2028 with an average annual rate of 5.4% for 2019-2028. Improving and increasing healthcare infrastructure and expenditure will increase the process of installation of advanced technologies for the manufacturing of anti-herpetic drugs and APIs, which will enhance the product profile in the leading market, for this reason, increasing healthcare expenditure and infrastructure across the world is acting as an opportunity for boosting the demand of the global deep partial-thickness thermal burns treatment market.
Segment Analysis:
The global deep partial-thickness thermal burns treatment market is categorized into five notable segments that are burn type, treatment, route of administration, end user, and distribution channel.
- On the basis of burn type, the global deep partial-thickness thermal burns treatment market is segmented into fire burn injuries, scald burn, and hot objects. In 2021, the fire burn injuries segment is expected to dominate the market growing with the highest CAGR of 6.8% in the forecast period of 2021 to 2028 as the incidence rate of fire burn has increased in recent years globally.
- On the basis of treatment, the global deep partial-thickness thermal burns treatment market is segmented into initial wound care, physical and occupational therapy, and others. In 2021, the initial wound care segment is expected to dominate the market growing with the highest CAGR of 9.0% in the forecast period of 2021 to 2028 as it is required in every type of burn and has fewer side effects and infections.
- On the basis of route of administration, the global deep partial-thickness thermal burns treatment market is segmented into topical, oral, and others. In 2021, the topical segment is expected to dominate the market growing with the highest CAGR of 11.8 %
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