Healing with Innovation: The Future of Burn Ointments
The global burn ointment market size is expected to reach USD 1.55 billion by 2030, registering a CAGR of 6.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising cases of blaze wounds, technological advancements, and increasing awareness regarding various treatment options are the key factors driving the market. Favorable government initiatives such as reimbursement policies which cover almost 70.0-100.0% of the treatment cost urge the patient to opt for advanced wound care treatment. The presence of government organizations such as the World Health Organization (WHO) and non-profit organizations like the American Burn Association (ABA) also contribute towards increasing awareness levels. The WHO has been collaboratively working with The International Society for Burn Injuries and other such organizations to develop strategies to improve wound care and prevention of blaze wounds globally. Furthermore, the presence of non-profit organ...