SILVER SULFADIAZINE MARKET ANALYSIS

Regional Analysis

Market Regional

North America is expected to account for the largest market share in the global silver sulfadiazine market, during the forecast period. This is owing to increased burn cases and increasing demand for wound-care products. According to the National Fire Protection Association (NFPA), around every two hours, a civilian die from fire outbreaks, which has increased the demand for wound-care products. Furthermore, increasing government initiatives to fund research and development of medicines to treat burn wounds has accelerated the market growth. Moreover, Asia Pacific is expected to witness significant growth in the market, owing to increasing demand for silver sulfadiazine from emerging economies such as India and China. The countries Australia, China, and India are expected to emerge as new revenue generators in the region.