South Korea Burn Care Centers Market Size & Outlook
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South Korea burn care centers market highlights
- The South Korea burn care centers market generated a revenue of USD 95.8 million in 2022 and is expected to reach USD 130.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, in-hospital was the largest revenue generating facility type in 2022.
- Standalone is the most lucrative facility type segment registering the fastest growth during the forecast period.
Burn care centers market data book summary
| Market revenue in 2022 | USD 95.8 million |
| Market revenue in 2030 | USD 130.8 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | In-hospital |
| Fastest growing segment | Standalone |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.4% of the global burn care centers market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India burn care centers market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,979.5 million by 2030.
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Burn Care Centers Market Scope
Burn Care Centers Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea burn care centers market outlook
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 62.42% in 2022. Horizon Databook has segmented the South Korea burn care centers market based on in-hospital, standalone covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is witnessing an increase in burn accidents & injuries, and the majority of these burn injuries are largely avoidable. Increasing number of burn accidents is driving the demand for the development of burn care facilities. Advancements in hospitals and standalone centers’ infrastructure, growing healthcare expenditure, and adoption of innovative wound care management solutions & surgical techniques are supporting market growth.
Burn centers are performing skin grafting, wound debridement, ventilation, isolation, rehabilitation, and physical & occupational therapy. Healthcare stakeholders are adopting differential rehabilitative solutions to improve life after hospitalization. For example, in July 2019, burn victims post discharge were subjected to photovoice research method using multiple photovoice workshops over four months. The study results showed victims having physical and psychological improvements.
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Our clientele includes a mix of burn care centers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea burn care centers market , including forecasts for subscribers. This country databook contains high-level insights into South Korea burn care centers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea burn care centers market size, by facility type, 2018-2030 (US$M)
South Korea Burn Care Centers Market Outlook Share, 2022 & 2030 (US$M)
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