Market revenue in 2022 | USD 5,694.5 million |
Market revenue in 2030 | USD 8,726.9 million |
Growth rate | 5.5% (CAGR from 2022 to 2030) |
Largest segment | In-hospital |
Fastest growing segment | Standalone |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | In-Hospital, Standalone |
Key market players worldwide | Temple University Hospital, Parkland Hospital, MedStar Health, UMC, Burn and Reconstructive Centers of America, Massachusetts General Hospital, University of Rochester Medical Center, Chelsea and Westminster Hospital, SBH Health System, National Burns Center |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to burn care centers market will help companies and investors design strategic landscapes.
In-hospital was the largest segment with a revenue share of 59.1% in 2022. Horizon Databook has segmented the Asia Pacific burn care centers market based on in-hospital, standalone covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific burn care centers market is anticipated to register the fastest growth rate over the forecast period, owing to the growing incidence of burn injuries, increasing patient awareness, developing healthcare infrastructure, and favorable government support. According to a 2017 BMJ Journal article on the epidemiology of burn injuries across Asia, East Asia accounted for the largest prevalence of burn cases with 21,434,056 cases in 2017, whereas, Central Asia’s prevalence was recorded at 2,581 cases per 100,000 individuals, and high-income Asia Pacific countries were at 2,257 cases per 100,000 individuals.
The rising incidence of burn accidents across the region can be attributed to low safety consciousness amongst individuals, poverty, and illiteracy. According to WHO estimates, Western Pacific region accounts for 20 times higher burn cases when compared with the U.S. and records approximately 50,000 burn-related hospital admissions annually. Public and private stakeholders in the market are focusing on collaborating and spreading awareness about burn care and related innovative therapies.
For example, the Asia Pacific Burn Association (APBA), a non-profit organization focusing on enhancing burn care and consists of healthcare professionals and other experts from Australia, China, India, Bangladesh, Afghanistan, Indonesia, Iran, Iraq, Bhutan, Indonesia, Cambodia, New Zealand, Myanmar, South Korea, Singapore, Sri Lanka, Vietnam, Taiwan, and the Philippines. For instance, the government of India and the Health Ministry initiated burn care awareness and prevention programs across multiple healthcare facilities.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific burn care centers market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific burn care centers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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