Burns Treatment Market Poised for Growth Despite Challenges of Expensive Therapies and Reimbursement Issues
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DelveInsight estimates the burns market will show positive growth through 2032 due to rising population, increasing burn injuries, and upcoming therapies. The market size reached $1.5 billion in 2021 across 7MM countries.
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The total incident population of burn injuries in 7MM was ~2 million in 2021. The US had 662K new burn cases that year.
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Prominent companies like Aegle Therapeutics, Skingenix, Stratatech, and MediWound are developing innovative therapies for burns, including AGLE-102, MW-III, StrataGraft, and NexoBrid.
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DelveInsight expects emerging therapies to enter the market during the forecast period and transform standards of care for burns treatment.
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Market growth may be impacted by expensive therapies, clinical trial failures, issues with market access and reimbursement, and other challenges.