Burn Ointment Market to Surpass US$ 1,384.4 Million by 2028
The global Burn Ointment Market is estimated to be valued at US$ 915.7 Mn in 2021, and is expected to exhibit a CAGR of 6.1 % over the forecast period (2021-2028). The rise in burn injuries and the increasing awareness about burn treatments are some of the key factors driving the growth of the burn ointment market. Burn injuries can occur at home, workplace, or during outdoor activities, and the demand for effective and efficient burn treatments is on the rise.
The availability of advanced burn ointments that offer quick relief and faster healing has also contributed to the growth of the Burn Ointment Market. The increasing investment in research and development activities by key players in the burn ointment market has resulted in the development of advanced products with improved efficacy and safety.
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