Press release
Skin Barriers Market Pegged at US$ 465 Mn by 2030|ConvaTec Inc, Hollister Inc, DermaRite Industries LLC, 3M
Skin Barriers Market 2022
The ongoing COVID-19 pandemic is expected to have limited impact on the global skin barriers market. Ostomy procedures and medical diagnosis of incontinence are being postponed due to more pressing needs related to coronavirus. However, due to lockdown conditions, the online sales channel is expected to aid market growth.
Persistence Market Research estimates that the global skin barriers market is set to witness a CAGR of 4% over the forecast period (2020-2030).
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Company Profiles:
ConvaTec Inc
Hollister Inc
DermaRite Industries LLC
3M
Coloplast Corp
Stryker
Integra Lifesciences Corp
Smith & Nephew
GOJO Industries
Medline Industries
B Braun Melsungen AG
Sonoma Pharmaceuticals Inc
Welland Medical Ltd.
Essity
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Key Takeaways from Skin Barriers Market Study
By product, skin barrier sprays are expected to be the most lucrative segment in the global skin barriers market by the end of 2030.
By indication, incontinence and ostomy will witness a growth of almost 1.5 times from the year 2020 to 2030.
The institutional sales channel is expected to hold more than 50% of market share by the end of 2030.
By region, North America is estimated to be the most attractive region in the global skin barriers market, expanding at a CAGR of 4.4%.
Countries such as China, Japan, India, and South Korea have the potential to drive future growth of the skin barriers market, owing to growing burden of incontinence and increasing awareness about the condition in these regions.
There is growing trend of homecare services such as short-term nursing services and other professional aides for the elderly to help them live independently. Elderly are the most common group suffering from incontinence, which is a major reason of using skin barrier products.
"Advancements in incontinence products coupled with increasing e-Commerce sales during the COVID-19 pandemic will propel the growth of the global skin barriers market," proposes a PMR analyst.
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Ease of Use, Portability, & Effectiveness Remain Key Reasons Driving Demand for Skin Barrier Sprays
Skin barrier sprays are the most lucrative segment in the global skin barriers market, with an estimated market share of almost 30% by the end of 2030. Ease of usability provided by skin barrier sprays in terms of early drying on the skin, and thereby non-transferability on garments, and non-sticky consistency, are some of the advantages provided by sprays.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the skin barriers market in its latest study, presenting historical demand assessment of 2015 - 2019 and projections for 2020 - 2030, on the basis of product (skin barrier sprays, moisture barrier creams, protective ointments, and others) indication (incontinence and ostomy, chronic wounds, pressure ulcers, skin rash & dry skin, and atopic dermatitis), and distribution channel (institutional sales [hospitals, speciality clinics, long-term care centers, and skilled nursing facilities] and retail sales [retail pharmacies, drug stores, and online sales]), across seven key regions.
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About Us:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against rep/uted organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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