(PharmaNewsWire.Com, May 29, 2017 ) As per the syndicated report published by Market Data Forecast, Europe Burn Care Market which is estimated to be USD 0.467 billion in 2016 is poised to reach USD 0.59 billion by 2021, at a CAGR of 6.3% from 2016 to 2021.Growing incidents of burning is a major factor responsible for growth of the market. Also increasing expenditure on healthcare and government support in terms of policies is leading the market growth. Although high rates for surgeries is restraining the market growth.
A burn is an injury to the flesh caused by such things as heat, chemicals, friction or electricity. Burns are becoming a serious problem over the globe causing 250000 deaths annually. Developing countries are more prone to these burn incidents as compared to developed countries with better and efficient technologies.
Based on market report, almost half of the population affected by burns in European region are teenagers and similarly 60 % were male patients. In U.K. flames, scalds, and contact burns are the most dominant causes in the total population.
Europe Burn Care Market is segmented based on product type, extent of damage and end-users as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Geographically, the European burn care market is segmented into U.K., Germany, France, Italy, and Spain. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well. Germany has the highest share in the market.
Some of the Key Players that have been operating in burn care market in Europe are Smith & Nephew plc. (U.K.), Acelity L.P (U.S.), 3M Company (U.S.), Molnlycke Health Care (Sweden), Derma Sciences Inc.(U.S.), Medtronic (Ireland), Coloplast A/S (Denmark), Convatec Inc. (U.K.). Convatec Inc. has released AQUACEL AG for better healing of burn wounds and wounds after surgery.
The Burn Care Market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast: The publisher of this report Market Data Forecast is well known for the services they render in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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