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
