From GlobeNewswire: 2025-05-12 09:25:00

The global Burn Ointment Market was valued at USD 1.01 billion in 2023 and is projected to reach USD 1.71 billion by 2032, growing at a CAGR of 6.04%. Factors contributing to this growth include increased awareness of burn treatment, improved care formulations, and government support in underdeveloped countries.

The US Burn Ointment Market is expected to reach USD 0.53 billion by 2032, with a CAGR of 5.79%. The US accounts for 32% of the global market share due to strong healthcare infrastructure and high demand for premium burn ointments in hospital and homecare settings.

Topical antibiotics are the largest segment in the Burn Ointment Market, holding 33% of the global market share in 2023. These ointments are widely used to prevent infection in first- and second-degree burns, driving growth in the market.

Minor burns, including superficial second-degree burns, captured the largest market share in 2023. This segment is supported by increased access to affordable topical treatments and rising awareness of the importance of quick first aid and wound care.

Hospitals held the largest revenue share of the Burn Ointment Market in 2023, as they treat moderate to severe burn cases requiring expert care. Government initiatives and bulk buying agreements help hospitals access the latest burn ointment formulations.

North America dominated the Burn Ointment Market in 2023, with a revenue share of 41%. Advanced healthcare infrastructure and early adoption of new treatments contribute to this dominance. Asia-Pacific is expected to grow at the fastest CAGR, driven by high burn rates in countries like Indonesia, China, and India. Burn ointments see a rise in demand as disposable income increases and healthcare investments grow. Market analysis and outlook reports provide insights into the growing use of burn ointments. Detailed information on market dynamics, statistics, trends, and regional analysis are available for those interested in the burn ointment market. Visit SNS Insider for more market research and consulting services.



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