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    Algeria Expelled Record of 31,404 Migrants to Niger in 2024 Amid Global Uproar – Morocco World News

    Algeria set to issue Sukuk for project finance – ZAWYA

    Strained Relations: France and Algeria’s Diplomatic Woes – Qhubo

    Algeria Cuts Taxes, Introduces Exemptions to Spur Digital Innovation – We Are Tech

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    Egypt Embraces Technology to Modernize Governance and Citizen Engagement – Tech in Africa

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    Russia is shifting military gear from Syria to Libya after the fall of Assad, Ukraine says – Business Insider

    France’s Alpha-Cim and FB Technology‎ make a presentation to the Airports Authority – Libya Herald

    Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits – change of CEO – Libya Herald

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      We work remotely, so we moved from the US to Morocco. We plan to stay for years. – Business Insider

      Morocco shares higher at close of trade; Moroccan All Shares up 0.23% – Investing.com UK

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      Blockchain Technology Providers: Catalysts for Supply Chain Innovation in Emerging Markets – Morocco World News

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      Moroccan Treasury Raises 700 Million USD in Strong January 2025 Auction – Morocco World News

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        Sudan drops out of hunger-monitor system on eve of famine report – Arab News

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          French military technology used in Sudan war despite UN arms embargo: Amnesty – News.Az

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              As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

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                  • Algeria

                    Algeria faces hurdles in sourcing milk from Uganda – Pulse Uganda

                    Algeria Embarks on a New Era of Technological Sovereignty: Inauguration of the First National Electronic Chip Laboratory – دزاير توب

                    Algeria Expelled Record of 31,404 Migrants to Niger in 2024 Amid Global Uproar – Morocco World News

                    Algeria set to issue Sukuk for project finance – ZAWYA

                    Strained Relations: France and Algeria’s Diplomatic Woes – Qhubo

                    Algeria Cuts Taxes, Introduces Exemptions to Spur Digital Innovation – We Are Tech

                  • Egypt

                    Egypt Embraces Technology to Modernize Governance and Citizen Engagement – Tech in Africa

                    Egypt: Beltone Investment Banking advises on $180mln financing deal for MAFI – ZAWYA

                    Rambo’s Story: A Window into Animal Dignity and Suffering in Egypt – Egyptian Streets

                    Swiss logistics giant MEDLOG to build new state-of-the-art dry port in Egypt – Economy – Business – Ahram Online

                    Explainer: Towards a cashless future! Exploring e-wallets in Egypt – Tech – Business – Ahram Online

                    Egypt’s net foreign assets decline by $3.25bn in November – Gulf Business

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                    • Commentary
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                    • Editorial
                  • Libya

                    Libya Exhibition for Energy, Electricity and Lighting Technologies – The Libya Observer

                    Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker – Libya Herald

                    Libya's oil ambitions face Russian threat amid production boost – MSN

                    Russia is shifting military gear from Syria to Libya after the fall of Assad, Ukraine says – Business Insider

                    France’s Alpha-Cim and FB Technology‎ make a presentation to the Airports Authority – Libya Herald

                    Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits – change of CEO – Libya Herald

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                    • Morocco

                      We work remotely, so we moved from the US to Morocco. We plan to stay for years. – Business Insider

                      Morocco shares higher at close of trade; Moroccan All Shares up 0.23% – Investing.com UK

                      Morocco Jails Activist Over Earthquake Response Remarks – News Central

                      Blockchain Technology Providers: Catalysts for Supply Chain Innovation in Emerging Markets – Morocco World News

                      Spain and Morocco advance new trade framework for Ceuta and Melilla amid local opposition – FreshPlaza.com

                      Moroccan Treasury Raises 700 Million USD in Strong January 2025 Auction – Morocco World News

                      Trending Tags

                      • South Sudan

                        Royal Palace Hotel rooftop solar, South Sudan – ESI-Africa.com

                        Sudan Lifts Force Majeure on South Sudan's Oil Exports – MarketWatch

                        Turkish aid agency TIKA delivers food aid to 250 children at South Sudan orphanage – Türkiye Today

                        Sudan drops out of hunger-monitor system on eve of famine report – Arab News

                        China donates nearly 1,000 tonnes of emergency food to support vulnerable people in South Sudan – China.org.cn

                        Arab League hopes for immediate halt to fighting in Sudan – China.org.cn

                        Trending Tags

                        • Sudan

                          French military tech found in Sudan, likely violating U.N. arms embargo – Sudan Tribune

                          Sudan – Manufacturing, Textiles, Oil – Britannica

                          South Sudan to Resume Oil Production Following Year-long Halt – Africa.com

                          South Sudan under pressure to disclose oil production deals – The East African

                          French military technology used in Sudan war despite UN arms embargo: Amnesty – News.Az

                          KUNA : Sudan's banknote replacement triggers off economic challenges – Economics – 06/01/2025 – Kuwait News Agency

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                          • Tunisia

                            China's Huawei supports Tunisia's smart education – People's Daily

                            List of Banks in Tunisia – Global Banking And Finance Review

                            Tunisia's ODC tenders for 75,000 tonnes of feed barley for Feb-Mar – AgriCensus

                            Tunisia: 2nd mission to Senegal’s construction and infrastructure fair SENCON – African Manager EN

                            Tunisia has potential to export green technologies – ZAWYA

                            Tunisia: African Development Bank grants a loan of over €80 million to upgrade road infrastructure in seven of the country’s governorates – African Development Bank

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                            • North Africa
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                              As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

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                              ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

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                              خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

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                                  Home Press Releases

                                  Burn Ointment Market Size to Grow at a CAGR of 6.1% During the Forecast Period 2021-2026

                                  admin by admin
                                  February 6, 2022
                                  in Press Releases
                                  Phototherapy Equipment Market Size Forecast to Reach $1.2 Billion by 2026
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                                  (EMAILWIRE.COM, February 06, 2022 ) The Burn Ointment Market size was $841.9 million in 2020 and is poised to grow at a CAGR of 6.1% over the forecast period of 2021-2026. The factors which will aid the demand for burn ointments are the policy up-gradation, which will now cater to all degrees of burn; technological advancements helping the burn affected patients to reconstruct vital parts or organs; and also the rising cases of blaze burn across the regions. The treatment of burns is mostly treated with topical ointments, silver, hydrogel dressings and biologics. Lately, advancements have been made to alignate dressings to increase its absorbent potential. Burns are divided into various subcategories, that are dependent on skin involvement and skin penetration. Higher involvement or penetration results in elevated severity and treatment costs. The listed concerns are poised to drive the burn ointment industry at an optimistic pace.

                                  Burn Ointment Market Segment Analysis – By Product

                                  The market of burn ointments is segregated into three product types, namely Topical Antibiotics, Silver and Iodine. Topical Antibiotics occupied a dominant market share in the year 2020. The reason for the demand for topical antibiotics is attributed to the characteristics of maintaining a moist environment around the wound, with the superiority of preventing further colonization.

                                  The demand for topical antibiotics is poised to propel at a CAGR of 6.3% over the forecast period of 2021-2026. The factors which will assist in the growth of this product is the acceptance of topical antibiotics over any minor burn, and also its exceeding usage in-home care settings for immediate relief. The following factors are expected to fuel the demand for topical antibiotics.

                                  Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=19503

                                  Report Price: $4500 (Single User License)

                                  Burn Ointment Market Segment Analysis – By End use

                                  The demand for burn ointments is mostly contributed by Hospitals and Clinics. Hospitals dominated the market segment in the year 2020. The reason for dominant demand is fueled by excessive degrees of burns in children and the elderly. WHO suggested that the elderly and children are the most affected population, as they are most susceptible to accidents involving hot water or burn from other electronic appliances. The treatment for such incidents can only take place in an advanced medical setting or hospitals.

                                  The demand for burn ointments is said to be following the same trajectory over the forecast period of 2021-2026, and Hospitals are poised to show domination by growing at a CAGR of 6.9%. The accompanying reason for adopting hospitals for the treatment of burn-related incidents are owing to the fact that hospitals provide better medicinal facilities and reimbursements facilities via health insurance or any other Medicare programmes. The following factors positions Hospitals as prime contenders for using burn ointments.

                                  Burn Ointment Market Segment Analysis – By Geography

                                  North America held the largest share of burn ointments in the year 2020 having a market stake of 36.9%. The rationale behind the surge is attributed to the growing number of blaze burn across the demographics. The burn ointment segment will further fuel up, owing to the recent innovations in this market and a healthy-rising awareness of treatments at an affordable price.

                                  Asia-Pacific is poised to grow in the period of 2021-2026. The accompanying reason for the reported surge is owing to the rising prevalence of blaze burn wounds amongst the population. WHO reports that the chances of getting a blaze wound are 20 times higher than the western demographic. The region is poised to enter programmes to substantially mitigate the chances of burn accidents amongst the youth.

                                  Burn Ointment Market Drivers

                                  Surge in the number of burn victims to drive the market demand

                                  The increase in the accidents resulting in burn wounds has substantially pent up in the last decade. For starters, India has 1 Million cases of burn victims every year. Bangladesh provides 173,000 cases on a yearly basis for the children burnt. In reasons such as Indonesia, Colombia, Egypt and Pakistan the percentage for permanent disability is around 18% of the total cases. The following reason will help the burn ointment market to progress.

                                  Intensifying Awareness regarding treatment poised to drive market growth

                                  The technological advancements to treat burn wounds have shown significant progress. The awareness campaigns have started gaining traction globally, as USA launched National Burn Awareness Week to spread education about the prevention for the accidents resulting in burns In UK, Children’s Burns Trust works along with British Burn Association to mitigate the cases of burn victims.

                                  Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=19503

                                  Burn Ointment Market Challenges

                                  Mounting cases of Scarring

                                  Burn Ointments often causes scarring on the skin. Burn Ointments have been advanced, but they are not able to comprehend the damage caused to the tissue of the skin. The reason can hamper the growth of the market.

                                  Burn Ointment Market Landscape

                                  The Burn Ointment market has continually progressed by adopting their business activities through acquisitions, mergers and advanced product development. The top 10 companies operating in the Burn Ointment industry are- Johnson and Johnson, Pfizer, Dr Morepen, Smith and Nephew, ConvaTec Inc, Sun Pharma Ltd, 3M, Integra Life Sciences, Hill Rom, Acelity.

                                  In September 2019, the “Share your Care” programme was launched by Integra Lifesciences, to help European doctors to treat the cases of Acute Burn. The programme was facilitated by the European Burns Association.

                                  Key Takeaways

                                  North America constituted the maximum share for the demand of Burn Ointments market in the year 2020 owing to the surge in burn accidents, and the associated casualties.

                                  The growth in this industry would be on factors such as a rise in the total accidents, and also due to the technological advancements to avoid scarring.

                                  The report consisting of Strengths, Weaknesses, Opportunities and Threat would be provided in the market report.

                                  A challenge for the industry is to mitigate the side effects, and the scarring on the skin of various individuals.

                                  Related Reports:

                                  A. Burn Care Market

                                  https://www.industryarc.com/Report/16796/burn-care-market.html

                                  B. Silver Sulfadiazine Market

                                  https://www.industryarc.com/Report/16242/silver-sulfadiazine-market.html

                                  For more Lifesciences and Healthcare Market related reports, please click here

                                  About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



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