PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378617
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378617
Burn Ointment Market, By Product Type, By Depth of Burn, By End User, By Geography
The Global Burn Ointment Market is estimated to be valued at US$ 1,030.5 Mn in 2023 and is expected to exhibit a CAGR of 6.1% during the forecast period (2023-2030).
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 1,030.5 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 6.10% | 2030 Value Projection: | US$ 1,557.9 Mn |
Burns refer to the tissue damage caused by heat, overexposure to sunlight, and radiation, as well as due to chemical or electrical contact. Burns can cause minor medical issues as well as life-threatening emergencies. The treatment of burns is determined by the location and severity of the injury. Sunburns and minor scalds are usually treatable at home. However, deep or extensive burns necessitate immediate medical attention. Some patients require treatment at specialized burn centers as well as months of follow-up care. Burns are classified into three types based on severity - first degree, second degree, and third degree burns.
Burn ointment is a topical medication that is applied to the burnt area of the body. Antibiotic ointments and creams are used to help in the prevention of infections. Applying an antibacterial ointment, such as Bacitracin or Neosporin, as well as covering the burn with cling film or a sterile, non-fluffy dressing or cloth, aids in the healing of first or second degree burn wounds. In patients with second- and third-degree burns, ointments including silver sulfadiazine cream is used to prevent and treat wound infections.
Market Dynamics
Increasing awareness programs by non-profit organizations to spread awareness about burns are expected to drive the growth of the global burn ointment market over the forecast period. For instance, the American Burn Association, a non-profit organization, celebrated National Burn Awareness Week between February 5, 2023 to February 11, 2023. The week was celebrated by uploading various images on American Burn Association's website for educating people about burns and their prevention.
Key features of the study:
- The report provides an in-depth analysis of the global burn ointment market and provides market size (US$ Mn) and Compound Annual Growth Rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for the market
- The study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global burn ointment market based on the following parameters - company highlights, product portfolio, key highlights, financial performance, and strategies
- The key companies covered as a part of this study include Smith & Nephew PLC, Wisconsin Pharmacal Company, Johnson & Johnson, Pfizer Inc., Cipla Ltd., Mankind Pharma Ltd., Dr. Morepen Ltd., GlaxoSmithKline PLC and MediWound
- Insights from the report would allow marketers and the management authorities of the companies to make informed decisions regarding future product launches, type up-gradation, market expansion, and marketing tactics
- The global burn ointment market report caters to various stakeholders in the industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global burn ointment market
Global Burn Ointment Market Detailed Segmentation:
- By Product Type:
- Topical Antibiotics
- Silver
- Iodine
- By Depth of Burn:
- Minor Burns
- Partial Thickness Burns
- Full Thickness Burns
- By End User:
- Hospitals
- Specialty Clinics
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Smith & Nephew PLC
- Wisconsin Pharmacal Company
- Johnson & Johnson
- Pfizer Inc.
- Cipla Ltd.
- Mankind Pharma Ltd.
- Dr. Morepen Ltd.
- GlaxoSmithKline PLC.
- MediWound
Table of Contents
1. Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Depth of Burn
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Recent Trends
- Mergers, Acquisitions, and Collaborations
- Regulatory Scenario
- Key Developments
- PEST Analysis
- Porter's Analysis
4. Global Burn Ointment Market - COVID-19 Impact Analysis
- Economic Impact
- COVID-19 Epidemiology
- Impact on Supply and Demand
5. Global Burn Ointment Market, By Product Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Topical Antibiotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Silver
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Iodine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
6. Global Burn Ointment Market, By Depth of Burn, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Minor Burns
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Partial Thickness Burns
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Full Thickness Burns
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
7. Global Burn Ointment Market, By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Specialty Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
8. Global Burn Ointment Market, By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- North America
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Depth of Burn, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Depth of Burn, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Depth of Burn, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Depth of Burn, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Depth of Burn, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Depth of Burn, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030, (US$ Mn)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Company Profiles
- Smith & Nephew PLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Wisconsin Pharmacal Company
- Johnson & Johnson
- Pfizer Inc.
- Cipla Ltd.
- Mankind Pharma Ltd.
- Dr. Morepen Ltd.
- GlaxoSmithKline PLC.
- MediWound
- Analysts' Views
10. Section
- References
- Research Methodology
- About us and Sales Contact
