The burn care centers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Burn Care Centers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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 in the historic period can be attributed to the rising prevalence of burn injuries, government support and funding, advancements in burn treatment protocols, awareness campaigns, improved medical infrastructure, an increased number of 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 growth in the forecast period can be attributed to increased investment in healthcare, rising awareness of advanced burn care, global health initiatives, an aging population, urbanization and industrialization, telemedicine, and remote care. Major trends in the forecast period include AI and machine learning, 3D printing technology, regenerative medicine, wearable technology, telehealth integration, virtual reality for pain management, and nanotechnology in burn care.
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Scope Of Burn Care Centers Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Burn Care Centers Market Overview
Market Drivers –
The growing risk of fire-related industrial accidents is expected to propel the growth of the burn care center market going forward. Fire-related industrial accidents involve fires in industrial settings due to electrical faults, chemical reactions, machinery malfunctions, human error, or inadequate safety measures, causing injuries and property damage. The increase in fire-related industrial accidents is often due to inadequate safety protocols and the use of more complex machinery and materials. Burn care centers play a crucial role in treating injuries from fire-related industrial accidents by providing specialized medical care, rehabilitation, and recovery support for severe burn victims. For instance, in November 2023, according to a report by the American Burn Association, a US-based organization focused on burn-related research, rehabilitation, and prevention, there were 30,135 burn cases in 2022, contributing to 152,312 cases over five years. Moreover, flame or flash incidents accounted for 40% of all cases, with over 90% of these being accidental, a significant rise compared to the previous year. Therefore, the growing risk of fire-related industrial accidents will drive the burn care center market.
Market Trends –
Major companies operating in the burn care centers market are advancing burn care telehealth technologies to enhance access to specialized care for burn patients. Telehealth technology facilitates remote consultations and assessments between burn specialists and healthcare providers at different locations and enables quicker decision-making regarding treatment plans. For instance, in June 2023, Staten Island University Hospital, a US-based non-profit hospital, introduced Northwell Health’s teleburn service, an innovative telehealth technology to enhance burn care accessibility and efficiency across its hospital network. The teleburn service uses cutting-edge video teleconferencing to provide remote assessment of burn patients shortly after injury, allowing quick choices on whether patients may be treated locally or need to be transferred to a specialized burn hospital via ambulance or helicopter. This effort seeks to improve patient outcomes by ensuring quick access to expert care and appropriate treatment, employing the real-time evaluation capabilities provided by telehealth technology.
The burn care centers market covered in this report is segmented –
1) By Service Type: Inpatient, Outpatient, Rehabilitation
2) By Therapy: Surgeries, Wound Management, Pain Management, Other Therapies
3) By Burn Severity: Minor Burns, Partial Thickness Burns, Full Thickness Burns
4) By End User: Household, Hospitals, Clinics, Other End User
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Regional Insights –
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.
Key Companies –
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
Table of Contents
1. Executive Summary
2. Burn Care Centers Market Report Structure
3. Burn Care Centers Market Trends And Strategies
4. Burn Care Centers Market – Macro Economic Scenario
5. Burn Care Centers Market Size And Growth
…..
27. Burn Care Centers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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