The burn matrix devices market size is projected to be worth US$ 28.6 million in 2023. The market is likely to surpass US$ 45.0 million by 2033 at a CAGR of 4.6% during the forecast period. Due to the increased prevalence of burns, high demand for skin grafts, expanding public knowledge of available treatment options, and rapid improvements in technology, there is a developing market for burn care products. One of the main factors boosting the market during the projected period is rising public knowledge of the numerous treatment options available for burn care. As more consumers are prepared to pay more money and choose new, advanced burn care solutions, the market is also accelerating.
Other Drivers Propelling the Demand for Burn Matrix Devices Market include:
Challenges for Companies /Manufacturers in the Burn Matrix Devices Market:
Opportunities in the Burn Matrix Devices Market Industry:
Latest Trends in the Burn Matrix Devices Market:
| Attributes | Details |
|---|---|
| Burn Matrix Devices Market Size (2023) | US$ 28.6 million |
| Burn Matrix Devices Market Projected Size (2033) | US$ 45.0 million |
| Value CAGR (2023 to 2033) | 4.6% |
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From 2017 to 2022, the global burn matrix devices market experienced a CAGR of 3.7%, reaching a market size of US$ 28.6 million in 2023.
From 2017 to 2022, the global burn matrix devices market industry witnessed steady growth due to the increased awareness and acceptance of burn matrix devices. Government regulations and initiatives promoting patient safety and advanced wound care have facilitated the growth of the burn matrix devices market.
Increasing healthcare expenditure has contributed to the expansion of the market. As healthcare budget increases, there is a greater emphasis on investing in advanced medical technologies, including burn management solutions.
Future Forecast for Burn Matrix Devices Market Industry:
Looking ahead, the global burn matrix devices market industry is expected to rise at a CAGR of 4.6% from 2023 to 2033. During the forecast period, the market size is expected to reach US$ 45.0 million by 2033.
The burn matrix devices market industry is expected to continue its growth trajectory from 2023 to 2033. Continued technological improvements are anticipated to increase the accuracy, sensitivity, and usability of burn matrix devices. This might include improvements in biomaterials, regenerative medicine techniques, and tissue engineering, allowing for better wound healing and scar management
As patients and healthcare provider seek less invasive treatment options, the demand for burn matrix devices that promote faster healing and reduce scarring without extensive surgery is likely to increase.
| Country | The United States |
|---|---|
| Market Size (US$ million) by End of Forecast Period (2033) | US$ 13.9 million |
| CAGR % 2023 to End of Forecast (2033) | 3.7% |
The burn matrix devices market industry in the United States is expected to reach a market size of US$ 13.9 million by 2033, expanding at a CAGR of 3.7%. The market is primarily driven by the increasing prevalence of burns in the country.
Approximately 486,000 burn injuries occur each year in the United States, of which 4000 necessitate hospitalization, according to the America Burn Association. This raises the need for medical tools used in the treatment of burns.
| Country | The United Kingdom |
|---|---|
| Market Size (US$ million) by End of Forecast Period (2033) | US$ 2.1 million |
| CAGR % 2023 to End of Forecast (2033) | 3.8% |
The burn matrix devices market industry in the United Kingdom is expected to reach a market value of US$ 2.1 million, expanding at a CAGR of 3.8% during the forecast period. The United Kingdom has a well-established healthcare system and places importance on advanced medical technologies. Burn injuries are a considerable concern, and there is a demand for advanced treatment options. The market for burn matrix devices in the UK is expected to be relatively strong due to factors such as large population, a high incidence of burn injuries, and a focus on technological advancements in healthcare
| Country | China |
|---|---|
| Market Size (US$ million) by End of Forecast Period (2033) | US$ 3.0 million |
| CAGR % 2023 to End of Forecast (2033) | 6.4% |
The burn matrix devices market industry in China is anticipated to reach a market size of US$ 3.0 million, moving at a CAGR of 6.4% during the forecast period. The government's actions are helping to promote the market throughout the nation.
The Chinese government has also launched a number of programs to support burn treatment and prevention. China launched a burns treatment effort in the Philippines in 2019. Additionally, as part of a United Nations project, a medical firm and the Chinese People's Association for Friendship with Foreign Countries (CPAFFC) launched a program in the Philippines to support neighborhood hospitals and train local doctors to treat burn victims in both women and children.
| Country | Japan |
|---|---|
| Market Size (US$ million) by End of Forecast Period (2033) | US$ 2.6 million |
| CAGR % 2023 to End of Forecast (2033) | 6.2% |
The burn matrix devices market industry in Japan is estimated to reach a market size of US$ 2.6 million by 2033, thriving at a CAGR of 6.2%. The burn matrix devices market is driven by factors such as an increasing number of burn cases, growing awareness about burn management, advancements in technology, and improvements in healthcare infrastructure. The demand for burn matrix devices is primarily driven by hospitals, burn centers, and other healthcare facilities involved in the treatment and management of burn injuries.
| Country | South Korea |
|---|---|
| Market Size (US$ million) by End of Forecast Period (2033) | US$ 1.2 million |
| CAGR % 2023 to End of Forecast (2033) | 6.0% |
The burn matrix devices market industry in South Korea is expected to reach a market size of US$ 1.2 million, expanding at a CAGR of 6.0% during the forecast period. With an aging population and an increasing number of individuals with chromic illness, the prevalence of pressure ulcers has been growing concern. Elderly individuals and patients with limited mobility, such as those in hospitals nursing homes, or long-term care facilities, are particularly susceptible to developing pressure ulcers
Principal Consultant
Second degree burns are expected to dominate the burn matrix devices market industry with a CAGR of 4.9% from 2023 to 2033. This segment captures a significant market share in 2023, due to rising incidences of second degree burn. The prevalence of second degree burns can vary depending on various factors such as geographic location, lifestyle, occupation, and safety practices.
Burn matrix devices are specialized wound care products designed to aid in the healing of burn wounds, they are typically composed of bioactive materials that provide scaffold for cell growth and tissue regeneration. These devices can help promote granulation tissue formation and re-epithelialization, which are crucial for wound healing.
The institutional sales in dominating the at home pregnancy testing market with the CAGR of 4.0%. Institutional sales of burn matrix devices primarily occur in healthcare facilities such as hospitals, long term care centers. These institutions are responsible for treating burns patients and managing their wound care.
The adoption of evidence-based treatment practices and clinical guidelines that recommend the use of burn matrix devices can drive the demand for these products in institutional sales. When burn matrix devices are recognized as effective tools for promoting wound healing and improving patient outcomes, healthcare providers may incorporate them into their treatment protocols.
The burn matrix devices sector is fiercely competitive, with many companies fighting for market dominance. To stay ahead of the competition in such a circumstance, essential players must employ smart techniques.
Key Strategies Used by the Participants
To produce innovative goods that increase efficacy, dependability, and cost-effectiveness, businesses make significant investments in research and development. Product innovation enables companies to stand out from the competition while also meeting the shifting needs of their customers.
Strategic alliances and partnerships with other businesses are regularly formed by major players in an industry to take advantage of each other's advantages and expand their market reach. Through such arrangements, businesses may also obtain access to new technologies and markets.
The market for burn matrix devices is rising quickly in developing nations like China and India. To boost their presence in these regions, major companies are expanding their distribution networks and building regional manufacturing sites.
Key companies in the burn matrix devices market routinely employ mergers and acquisitions to strengthen their market positions, broaden their product offerings, and enter new markets.
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Key Developments in the Burn Matrix Devices Market:
The market is valued at US$ 28.6 million in 2023.
The market’s CAGR is estimated to be 4.6% between 2023 and 2033.
Smith+Nephew and Integra LifeSciences are the leading market players.
Technological advancements to boost the market prospects.
The institutional sales segment is likely to remain preferred through 2033.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
2.3. Inclusions and Exclusions
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Value Added Insights
4.1. Product Adoption / Usage Analysis
4.2. Product Features/ USPs
4.3. Reimbursement Scenario
4.4. Regulatory Landscape
4.5. PESTEL Analysis
4.6. Porter’s Analysis
5. Market Background
5.1. Macro-Economic Factors
5.1.1. Global Healthcare Expenditure Outlook
5.1.2. Global Medical Device Outlook
5.1.3. Global Life Expectancy Outlook
5.2. Forecast Factors - Relevance & Impact
5.2.1. Key Player’s Historic Growth
5.2.2. Growing Skin Burn Incidences
5.2.3. Favourable Government Regulations
5.2.4. Rising Demand for Minimally Invasive Procedures
5.2.5. Technological Advancement in the Devices
5.2.6. Increasing Prevalence of Trauma, Burn and Injury cases
5.2.7. Frequency of Product Approvals
5.3. Dynamics
5.3.1. Drivers
5.3.2. Restraints
5.3.3. Opportunity Analysis
6. Global Market Volume (in Units) Analysis 2017 to 2022 and Forecast, 2023 to 2033
6.1. Historical Volume (in Units) Analysis, 2017 to 2022
6.2. Current and Future Volume (in Units) Projections, 2023 to 2033
6.2.1. Y-o-Y Growth Trend Analysis
7. Global Market - Pricing Analysis
7.1. Regional Pricing Analysis By Application
7.2. Pricing Break-up
7.2.1. Manufacturer Level Pricing
7.2.2. Distributor Level Pricing
7.3. Global Average Pricing Analysis Benchmark
7.4. Pricing Assumptions
8. Global Market Demand (in Value or Size in US$ Mn) Analysis 2017 to 2022 and Forecast, 2023 to 2033
8.1. Historical Market Value (US$ Million) Analysis, 2017 to 2022
8.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033
8.2.1. Y-o-Y Growth Trend Analysis
8.2.2. Absolute $ Opportunity Analysis
9. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) Analysis By Application, 2017 to 2022
9.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Application, 2023 to 2033
9.3.1. Second Degree Burns
9.3.2. Pressure Ulcers
9.3.3. Diabetic Ulcers
9.3.4. Surgical Wounds
9.3.5. Others
9.4. Market Attractiveness Analysis By Application
10. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Distribution Channel
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) Analysis By Distribution Channel, 2017 to 2022
10.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Distribution Channel, 2023 to 2033
10.3.1. Institutional Sales
10.3.1.1.1. Hospitals
10.3.1.1.2. Long Term Care Centers
10.3.2. Retail Sales
10.4. Market Attractiveness Analysis By Distribution Channel
11. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, by Region
11.1. Introduction
11.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Region, 2017 to 2022
11.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Region, 2023 to 2033
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. South Asia
11.3.5. East Asia
11.3.6. Oceania
11.3.7. Middle East and Africa (MEA)
11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033
12.1. Introduction
12.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Market Taxonomy, 2017 to 2022
12.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Market Taxonomy, 2023 to 2033
12.3.1. By Country
12.3.1.1. USA
12.3.1.2. Canada
12.3.2. By Application
12.3.3. By Distribution Channel
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Application
12.4.3. By Distribution Channel
12.5. Country Level Analysis & Forecast
12.5.1. USA Market Analysis
12.5.1.1. Introduction
12.5.1.2. Market Analysis and Forecast by Market Taxonomy
12.5.1.2.1. By Application
12.5.1.2.2. By Distribution Channel
12.5.2. Canada Market Analysis
12.5.2.1. Introduction
12.5.2.2. Market Analysis and Forecast by Market Taxonomy
12.5.2.2.1. By Application
12.5.2.2.2. By Distribution Channel
12.6. Market Trends
12.7. Key Market Participants - Intensity Mapping
12.8. Drivers and Restraints - Impact Analysis
13. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033
13.1. Introduction
13.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Market Taxonomy, 2017 to 2022
13.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Market Taxonomy, 2023 to 2033
13.3.1. By Country
13.3.1.1. Brazil
13.3.1.2. Mexico
13.3.1.3. Argentina
13.3.1.4. Rest of Latin America
13.3.2. By Application
13.3.3. By Distribution Channel
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Application
13.4.3. By Distribution Channel
13.5. Country Level Analysis & Forecast
13.5.1. Brazil Market Analysis
13.5.1.1. Introduction
13.5.1.2. Market Analysis and Forecast by Market Taxonomy
13.5.1.2.1. By Application
13.5.1.2.2. By Distribution Channel
13.5.2. Mexico Market Analysis
13.5.2.1. Introduction
13.5.2.2. Market Analysis and Forecast by Market Taxonomy
13.5.2.2.1. By Application
13.5.2.2.2. By Distribution Channel
13.5.3. Argentina Market Analysis
13.5.3.1. Introduction
13.5.3.2. Market Analysis and Forecast by Market Taxonomy
13.5.3.2.1. By Application
13.5.3.2.2. By Distribution Channel
13.6. Market Trends
13.7. Key Market Participants - Intensity Mapping
13.8. Drivers and Restraints - Impact Analysis
14. Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Market Taxonomy, 2017 to 2022
14.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Market Taxonomy, 2023 to 2033
14.3.1. By Country
14.3.1.1. Germany
14.3.1.2. France
14.3.1.3. Italy
14.3.1.4. UK
14.3.1.5. Spain
14.3.1.6. Russia
14.3.1.7. BENELUX
14.3.1.8. Rest of Europe
14.3.2. By Application
14.3.3. By Distribution Channel
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Application
14.4.3. By Distribution Channel
14.5. Country Level Analysis & Forecast
14.5.1. Germany Market Analysis
14.5.1.1. Introduction
14.5.1.2. Market Analysis and Forecast by Market Taxonomy
14.5.1.2.1. By Application
14.5.1.2.2. By Distribution Channel
14.5.2. France Market Analysis
14.5.2.1. Introduction
14.5.2.2. Market Analysis and Forecast by Market Taxonomy
14.5.2.2.1. By Application
14.5.2.2.2. By Distribution Channel
14.5.3. Italy Market Analysis
14.5.3.1. Introduction
14.5.3.2. Market Analysis and Forecast by Market Taxonomy
14.5.3.2.1. By Application
14.5.3.2.2. By Distribution Channel
14.5.4. UK Market Analysis
14.5.4.1. Introduction
14.5.4.2. Market Analysis and Forecast by Market Taxonomy
14.5.4.2.1. By Application
14.5.4.2.2. By Distribution Channel
14.5.5. Spain Market Analysis
14.5.5.1. Introduction
14.5.5.2. Market Analysis and Forecast by Market Taxonomy
14.5.5.2.1. By Application
14.5.5.2.2. By Distribution Channel
14.5.6. Russia Market Analysis
14.5.6.1. Introduction
14.5.6.2. Market Analysis and Forecast by Market Taxonomy
14.5.6.2.1. By Application
14.5.6.2.2. By Distribution Channel
14.5.7. BENELUX Market Analysis
14.5.7.1. Introduction
14.5.7.2. Market Analysis and Forecast by Market Taxonomy
14.5.7.2.1. By Application
14.5.7.2.2. By Distribution Channel
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis
15. South Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033
15.1. Introduction
15.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Market Taxonomy, 2017 to 2022
15.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Market Taxonomy, 2023 to 2033
15.3.1. By Country
15.3.1.1. India
15.3.1.2. Thailand
15.3.1.3. Indonesia
15.3.1.4. Malaysia
15.3.1.5. Rest of South Asia
15.3.2. By Application
15.3.3. By Distribution Channel
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Application
15.4.3. By Distribution Channel
15.5. Country Level Analysis & Forecast
15.5.1. India Market Analysis
15.5.1.1. Introduction
15.5.1.2. Market Analysis and Forecast by Market Taxonomy
15.5.1.2.1. By Application
15.5.1.2.2. By Distribution Channel
15.5.2. Thailand Market Analysis
15.5.2.1. Introduction
15.5.2.2. Market Analysis and Forecast by Market Taxonomy
15.5.2.2.1. By Application
15.5.2.2.2. By Distribution Channel
15.5.3. Indonesia Market Analysis
15.5.3.1. Introduction
15.5.3.2. Market Analysis and Forecast by Market Taxonomy
15.5.3.2.1. By Application
15.5.3.2.2. By Distribution Channel
15.5.4. Malaysia Market Analysis
15.5.4.1. Introduction
15.5.4.2. Market Analysis and Forecast by Market Taxonomy
15.5.4.2.1. By Application
15.5.4.2.2. By Distribution Channel
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. East Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033
16.1. Introduction
16.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Market Taxonomy, 2017 to 2022
16.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Market Taxonomy, 2023 to 2033
16.3.1. By Country
16.3.1.1. China
16.3.1.2. Japan
16.3.1.3. South Korea
16.3.2. By Application
16.3.3. By Distribution Channel
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Application
16.4.3. By Distribution Channel
16.5. Country Level Analysis & Forecast
16.5.1. China Market Analysis
16.5.1.1. Introduction
16.5.1.2. Market Analysis and Forecast by Market Taxonomy
16.5.1.2.1. By Application
16.5.1.2.2. By Distribution Channel
16.5.2. Japan Market Analysis
16.5.2.1. Introduction
16.5.2.2. Market Analysis and Forecast by Market Taxonomy
16.5.2.2.1. By Application
16.5.2.2.2. By Distribution Channel
16.5.3. South Korea Market Analysis
16.5.3.1. Introduction
16.5.3.2. Market Analysis and Forecast by Market Taxonomy
16.5.3.2.1. By Application
16.5.3.2.2. By Distribution Channel
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. Oceania Market Analysis 2017 to 2022 and Forecast 2023 to 2033
17.1. Introduction
17.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Market Taxonomy, 2017 to 2022
17.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Market Taxonomy, 2023 to 2033
17.3.1. By Country
17.3.1.1. Australia
17.3.1.2. New Zealand
17.3.2. By Application
17.3.3. By Distribution Channel
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Application
17.4.3. By Distribution Channel
17.5. Country Level Analysis & Forecast
17.5.1. Australia Market Analysis
17.5.1.1. Introduction
17.5.1.2. Market Analysis and Forecast by Market Taxonomy
17.5.1.2.1. By Application
17.5.1.2.2. By Distribution Channel
17.5.2. New Zealand Market Analysis
17.5.2.1. Introduction
17.5.2.2. Market Analysis and Forecast by Market Taxonomy
17.5.2.2.1. By Application
17.5.2.2.2. By Distribution Channel
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. Middle East and Africa Market Analysis 2017 to 2022 and Forecast 2023 to 2033
18.1. Introduction
18.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Market Taxonomy, 2017 to 2022
18.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Market Taxonomy, 2023 to 2033
18.3.1. By Country
18.3.1.1. GCC Countries
18.3.1.2. Türkiye
18.3.1.3. Northern Africa
18.3.1.4. South Africa
18.3.1.5. Rest of Middle East and Africa
18.3.2. By Application
18.3.3. By Distribution Channel
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Application
18.4.3. By Distribution Channel
18.5. Country Level Analysis & Forecast
18.5.1. GCC Countries Market Analysis
18.5.1.1. Introduction
18.5.1.2. Market Analysis and Forecast by Market Taxonomy
18.5.1.2.1. By Application
18.5.1.2.2. By Distribution Channel
18.5.2. Türkiye Market Analysis
18.5.2.1. Introduction
18.5.2.2. Market Analysis and Forecast by Market Taxonomy
18.5.2.2.1. By Application
18.5.2.2.2. By Distribution Channel
18.5.3. Northern Africa Market Analysis
18.5.3.1. Introduction
18.5.3.2. Market Analysis and Forecast by Market Taxonomy
18.5.3.2.1. By Application
18.5.3.2.2. By Distribution Channel
18.5.4. South Africa Market Analysis
18.5.4.1. Introduction
18.5.4.2. Market Analysis and Forecast by Market Taxonomy
18.5.4.2.1. By Application
18.5.4.2.2. By Distribution Channel
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis
19. Market Structure Analysis
19.1. Market Analysis by Tier of Companies
19.2. Market Share Analysis of Top Players
19.3. Market Presence Analysis
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. Smith+Nephew
20.3.1.1. Overview
20.3.1.2. Product Portfolio
20.3.1.3. Key Financials
20.3.1.4. Sales Footprint
20.3.1.5. SWOT Analysis
20.3.1.6. Strategy Overview
20.3.1.6.1. Marketing Strategy
20.3.1.6.2. Product Strategy
20.3.1.6.3. Channel Strategy
20.3.2. Integra LifeSciences (ACell Inc.)
20.3.2.1. Overview
20.3.2.2. Product Portfolio
20.3.2.3. Key Financials
20.3.2.4. Sales Footprint
20.3.2.5. SWOT Analysis
20.3.2.6. Strategy Overview
20.3.2.6.1. Marketing Strategy
20.3.2.6.2. Product Strategy
20.3.2.6.3. Channel Strategy
21. Assumptions and Acronyms Used
22. Research Methodology
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Burn Matrix Devices Market
