Healthcare

Medical Product Will Change Healthcare Infrastructure- Burn Ointment Market

The global Burn Ointment Market size was valued at USD 814.9 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2020 to 2027.

     Increasing awareness among the people regarding various treatment options related to blaze wound care is a key factor driving the market over the forecast period. The market is also gaining pace owing to the rising willingness among the people to spend more and option for new advanced blaze wound care products especially in the case of patients affected with burns.

Key prominent players in the burn care market include Smith & Nephew plc., Mölnlycke Health Care, Convatec Inc., Acelity L.P., Coloplast A/S, Derma Sciences, Inc., Medtronic (Ireland), and 3M Company. 

     Jan 2020-Temple Burn Center Director Dr. Lisa Rae is nationally respected in burn surgery and trauma and critical care. She and her team are now using a new spray-on skin cell technology known as the RECELL® System to treat severe burns. This new technology became commercially available in January 2019 and is being used by only a handful of centers across the country.

     5 October, 2020 – Mölnlycke is celebrating World Handwashing Day with the global launch of the innovative Biogel PI UltraTouch S surgical glove, which addresses the problem of allergic contact dermatitis among surgical teams. Biogel PI UltraTouch S surgical gloves have been designed with a new skin-friendly formula that is clinically proven to minimise the risk of allergic contact dermatitis in the operating room. It is the first surgical glove to be cleared by the FDA to reduce the potential for sensitizing users to chemical additives.

      Feb 2020- ConvaTec Group Plc., a global medical products and technologies company, welcomes the publication of an international expert panel consensus addressing the challenge of biofilm to improve outcomes in hard-to-heal wounds. ConvaTec brought together an international group of leading wound care practitioners who devised the concept of Wound Hygiene; a simple 4-step regime which is based on the premise that just as we follow basic, essential, repetitive hygiene activities every day by washing our hands, brushing our teeth and showering, so should we apply basic hygiene to wounds.2 Wound Hygiene has now been fully described as a core, non-negotiable component of wound care that comprises cleansing of the wound and periwound, wound debridement, refashioning of the wound edges and application of an antimicrobial dressing; and can be safely undertaken by both specialist and generalist healthcare practitioners in any setting.

     The FDA recently approved a new treatment option called the RECELL Autologous Cell Harvesting Device (RECELL System). It requires less donor skin to achieve healing of burn wounds in less time. Temple is one of only a few hospitals that offer it. They believe this new technology can have a profound impact on our patients’ recovery, including reducing pain and scarring, improved joint mobility, faster healing and an improved long-term cosmetic result compared to traditional skin grafting.

     Oct 2020- In research led by RMIT University's Dr. Asma Khalid, smart wound dressings made of silk and nanodiamonds effectively sensed wound temperature, an early sign of infection, promoted healing and reduced infection from certain bacteria. Senior researcher Professor Brant Gibson said it offered a solution to the global challenge of wound care and healing. This new technology would aid clinicians to detect infections earlier and non-invasively without the painful procedure of dressing removal. This new technology provides a highly accurate way to monitor wound quality, compared to the very subjective method of visual assessment

      By product it segmented into Advanced Burn Care, Biologics, Traditional Burn Care, and others. By application it includes Hospital, Clinics and Others.  Geographically it is segmented into North America, Europe, ASPAC and Rest of the World. North America dominated the market and accounted for the largest revenue share of 42.8% in 2019. The region is expected to witness a CAGR of 6.0% over the forecast period. Increasing incidence of burns and rising awareness regarding various treatment options of burn wounds are expected to drive demand for blaze wound ointments in the region. Asia-Pacific is expected to witness the highest CAGR, with the growth in this market centered on Japan, China, and India. Increasing healthcare expenditure is expected to trigger the demand for cosmetic procedures in near future.

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