Global Burn Compression Garments Market Size By Type of Product, By End user, By Application, By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Burn Compression Garments Market Size And Forecast

Burn Compression Garments Market size was valued at USD 249.12 Million in 2023 and is projected to reach USD 419.01 Million by 2030, growing at a CAGR of 7.2 % during the forecast period 2024-2030.

Global Burn Compression Garments Market Drivers

The market drivers for the Burn Compression Garments Market can be influenced by various factors. These may include

  • Increasing Number of Burn CasesThe need for specialist clothing that promotes healing and lessens scarring is fueled by an increase in burn cases brought on by fire, accidents, chemicals, and other causes.
  • Growing Awareness the Significance of Proper Wound Care and the Role Compression Garments Play in Promoting Quicker Healing, Lowering Pain, and Minimizing Scar Formation There is a growing awareness of the importance of wound care.
  •  Technological DevelopmentsContinuous improvements in fabric science, such as the use of breathable, moisture-wicking, and antimicrobial materials, improve compression garment comfort and efficacy, which promotes their use.
  • A Growing Focus on Aesthetic ResultsFollowing a burn injury, patients and medical professionals are emphasizing improved cosmetic outcomes more. Compression garments help to improve the appearance of healed wounds and reduce hypertrophic scarring.
  • Rise in Healthcare ExpenditureThe demand for specialized medical equipment and clothing, such as burn compression garments, rises in direct proportion to increases in healthcare spending worldwide.
  •  Improvements in Treatment ProtocolsThe need for these clothes has increased as a result of advances in burn treatment protocols and techniques that highlight the value of compression therapy as a component of the overall treatment plan.
  • Growing Senior PopulationAs the population ages, there is a greater chance of burns and other injuries, which increases the need for goods that promote healing.
  • Rehabilitation ProgramsCompression garments are frequently used in rehabilitation programs, such as physiotherapy and post-burn care, to promote better healing and mobility, which in turn fuels market expansion.
  • Government Support and InitiativesThe adoption of effective wound care products, such as compression garments, can be greatly influenced by policies and initiatives from governments and healthcare institutions.

Global Burn Compression Garments Market Restraints

Several factors can act as restraints or challenges for the Burn Compression Garments Market. These may include

  • ExpensiveCompression garments specifically made for burn sufferers can be costly. This price tag may make them less accessible, particularly in areas with poorer standard of living or insufficient healthcare services.
  •  Limited Knowledge and EducationPatients’ and healthcare providers’ ignorance of the advantages and appropriate application of burn compression garments may prevent their widespread use. For its efficient use, education and training are essential.
  • Availability of AlternativesThe development of the compression garment market may be impacted by the competition from or substitution of other therapies, treatments, or products such skin grafts, wound dressings, or other therapies.
  • Difficulties with Sizing and FitIt might be difficult to get the proper size and fit for compression garments made specifically for each patient. Sizing errors can affect how comfortable and effective they are, which can affect adoption.
  • Regulatory ObstaclesTight rules and compliance requirements in the healthcare industry may make it difficult for manufacturers to have their products approved, which would restrict market expansion.
  • Patient CompliancePatients may find it difficult to wear compression garments as directed for the recommended amount of time or frequency because they are uncomfortable or don’t realize how important they are to the healing process.
  • Restricted Reimbursement rulesPatients may be discouraged from purchasing compression garments by healthcare insurance providers’ inadequate coverage or restricted reimbursement rules, which could stunt market expansion.
  •  Socioeconomic FactorsDisparities in socioeconomic status, particularly in developing nations, might limit access to cutting-edge medical supplies like compression clothing, which can impede market growth.
  • Innovation and Research ChallengesTo increase the comfort and efficacy of compression clothing, ongoing research and innovation are necessary. Research and development setbacks or delays could impede market expansion.

Global Burn Compression Garments Market Segmentation Analysis

The Global Burn Compression Garments Market is Segmented on the basis of  Type of Product, End User, Application, and Geography.

 By Type of Product

  • VestsCompression vests intended to envelop burn victims’ torsos and upper bodies.
  •  SleevesApparel made expressly to compress and cover burned legs or arms.
  • Face MasksMasks designed specifically to help heal and lessen scars from facial burns.
  • Full-Body SuitsExtensive clothing covering the whole body, covering significant burn areas.

 By End user

  • Hospitals & ClinicsBurn sufferers are treated in medical settings with compression garments.
  • Rehabilitation CentersEstablishments specializing in the treatment and rehabilitation of burn victims.
  •  Home care settingsWhen recovering at home, patients wear compression garments.
  •  AlternativesBurn clinics, emergency rooms, and specialty treatment facilities.

By Application

  • Acute Burn Injuries Items made expressly to treat and mend minor burn injuries.
  • Post-Surgical CareTo promote healing following surgery, compression garments are worn.
  • Scar ManagementClothes used to control and lessen scars following burn healing.
  • AlternativesTargeted therapy or specialized uses in burn care.

By Region

  • North America
  •  Europe
  •  Asia-Pacific
  • Latin America
  •  Middle East and Africa.

Key Players

The major players in the Burn Compression Garments Market are

  • 3M Company
  • Mölnlycke Health Care AB
  • Smith & Nephew plc
  • Silipos
  • Burnshield LLC
  • Hong Kong Medical Supplies Co. Ltd.
  • Juzo Inc. (North America)
  • L&R Medical Products (Shanghai) Co. Ltd. (Asia Pacific)

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Million)

KEY COMPANIES PROFILED
  • 3M Company
  • Mölnlycke Health Care AB
  • Smith & Nephew plc
  • Silipos
  • Burnshield LLC
SEGMENTS COVERED

Type of Product, End user, Application, and Geography.

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