Burn Ointment Market

Global Burn Ointment Market by Products (Topical Antibiotics, Silver, Iodine, and Others), Depth of Burns (Minor Burns, Partial Thickness Burns, and Full Thickness Burns), End-users (Hospitals, Clinics, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecast, 2020-2027

  • Report ID: CG-199
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 6
  • No. Of Pages: 145
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The global burn ointment market is anticipated to expand at a substantial CAGR during the forecast period, between 2020 and 2027. Rise in the incidences of burn cases has led to the rise in the demand for burn ointment. Increase in awareness among consumers regarding several treatment options is driving the demand for the burn ointment. A burn ointment is used for the treatment of burn injuries. Burns are damages caused to one or multiple layers of skin and flesh by external sources such as heat and/or chemical. Growth in the prevalence of burn wounds has led to the rise in the adoption of burn ointment.


Market Trends, Drivers, Restraints, and Opportunities:

  • Increase in disposable income is driving the demand for burn ointment.
  • Rise in awareness among the consumers regarding treatments and medications is driving the market.
  • Growth in the number of accidents causing burns is fueling the market growth.
  • High costs of treatments and products are expected to hamper the market growth.


Scope of the report:

Attributes

Details

Base Year

2019

Historic Data

2017 & 2018

Forecast Period

2020–2027

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast


The report on the global burn ointment market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.


Burn Ointment Market Segment Insights:

The topical antibiotics segment is projected to hold a significant share of the market
In terms of products, the burn ointment market can be segregated into topical antibiotics, silver, iodine, and others. The topical antibiotics segment is projected to grow at a significant pace during the forecast period, owing to the use of topical antibiotics in home care settings. Conversely, the silver segment is likely to expand at a high CAGR between 2020 and 2027. Silver-based ointments are used for the treatment of second- and third-degree burn wounds. Rise in the adoption of silver-based ointments to reduce bacteria in wounds is driving the segment.

The minor burns segment held a substantial share of the market
On the basis of depth of burns, the market can be segmented into minor burns, partial thickness burns, and full thickness burns. The minor burns segment is projected to grow at a significant pace during the forecast period due to rising incidences of minor burns, high demand for various treatment options, and increasing overall healthcare expenditure on minor wound. Conversely, the partial thickness burns segment is anticipated to expand at a significant CAGR between 2020 and 2027 due to the rise in the adoption of burn ointments for the treatment of partial thickness burns.

The hospitals segment holds a significant share of the market
Based on end-users, the market is classified as hospitals, clinics, and others. The hospitals segment holds a significant share of the market, owing to the increasing incidences of burn wounds and hospitalizations. Hospitals offer advanced products for burn wound, which in turn, boost the growth of the segment.

North America dominates the global market
Based on regions, the global burn ointment market is categorized as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounts for a considerable share of the global burn ointment market. The US is expected to account for a significant share of the market during the forecast period. Rising disposable income and growing adoption of burn ointment products are some of the factors which propelling the market in the region.
 

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Burn Ointment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Burn Ointment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Burn Ointment Market - Supply Chain
  4.5. Global Burn Ointment Market Forecast
     4.5.1. Burn Ointment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Burn Ointment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Burn Ointment Market Absolute $ Opportunity
5. Global Burn Ointment Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Burn Ointment Market Size and Volume Forecast by Types
     5.3.1. Topical Antibiotics
     5.3.2. Silver
     5.3.3. Iodine
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Burn Ointment Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Burn Ointment Market Size and Volume Forecast by End Users
     6.3.1. Hospitals
     6.3.2. Clinics
     6.3.3. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Burn Ointment Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Burn Ointment Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Burn Ointment Demand Share Forecast, 2019-2026
8. North America Burn Ointment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Burn Ointment Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Burn Ointment Market Size and Volume Forecast by Types
     8.4.1. Topical Antibiotics
     8.4.2. Silver
     8.4.3. Iodine
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Burn Ointment Market Size and Volume Forecast by End Users
     8.7.1. Hospitals
     8.7.2. Clinics
     8.7.3. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Burn Ointment Demand Share Forecast, 2019-2026
9. Latin America Burn Ointment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Burn Ointment Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Burn Ointment Market Size and Volume Forecast by Types
     9.4.1. Topical Antibiotics
     9.4.2. Silver
     9.4.3. Iodine
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Burn Ointment Market Size and Volume Forecast by End Users
     9.7.1. Hospitals
     9.7.2. Clinics
     9.7.3. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Burn Ointment Demand Share Forecast, 2019-2026
10. Europe Burn Ointment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Burn Ointment Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Burn Ointment Market Size and Volume Forecast by Types
     10.4.1. Topical Antibiotics
     10.4.2. Silver
     10.4.3. Iodine
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Burn Ointment Market Size and Volume Forecast by End Users
     10.7.1. Hospitals
     10.7.2. Clinics
     10.7.3. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Burn Ointment Demand Share Forecast, 2019-2026
11. Asia Pacific Burn Ointment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Burn Ointment Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Burn Ointment Market Size and Volume Forecast by Types
     11.4.1. Topical Antibiotics
     11.4.2. Silver
     11.4.3. Iodine
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Burn Ointment Market Size and Volume Forecast by End Users
     11.7.1. Hospitals
     11.7.2. Clinics
     11.7.3. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Burn Ointment Demand Share Forecast, 2019-2026
12. Middle East & Africa Burn Ointment Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Burn Ointment Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Burn Ointment Market Size and Volume Forecast by Types
     12.4.1. Topical Antibiotics
     12.4.2. Silver
     12.4.3. Iodine
     12.4.4. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Burn Ointment Market Size and Volume Forecast by End Users
     12.7.1. Hospitals
     12.7.2. Clinics
     12.7.3. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Burn Ointment Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Burn Ointment Market: Market Share Analysis
  13.2. Burn Ointment Distributors and Customers
  13.3. Burn Ointment Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

By Types

  • Topical Antibiotics
  • Silver
  • Iodine
  • Others

By Depth of Burns

  • Minor Burns
  • Partial Thickness Burns
  • Full Thickness Burns

By End-users

  • Hospitals
  • Clinics
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

Key players in the global burn ointment market include Johnson & Johnson, Sun Pharmaceutical Industries Ltd., Dr. Morepen, Smith & Nephew, and ConvaTec Inc. They are engaged in mergers & acquisitions, collaborations, agreements, and partnerships as growth strategies to strengthen their geographical presence and market share.

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