Skin Barriers Market To Witness A Customized Procurement Strategy At A CAGR Of 4%

New York, United States, 2022-May-30 — /EPR Network/ —

The global Skin Barriers Market is likely to jump the innovation gun by reaching US$ 465 Mn by the year 2030. The CAGR would be 4%. With mental health being the prerogative, there is telepsychiatry in place. It has been a proven fact that physical ailments would get cured speedily if the psyche is in place. With geographical barriers getting transcended, telephychiatry would be an indispensable part of the healthcare vertical. This would be the fact pertaining to healthcare vertical in future.

The skin barriers market is a niche market, and is a consolidated space with many major players. The parent market for skin barriers is incontinence and ostomy. Skin barriers generally fall under accessory products offered by companies to complement healing and facilitate skin protection. The potential of the skin barriers market has not yet been fully tapped because of products being less focused on and marketed.

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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).

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.

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.

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Key Questions Answered in the Skin Barriers Market Report

How is the Skin Barriers Market expected to grow over the projected period?

What direction is the Skin Barriers Market expected to take in terms of volume and value during the forecast period?

What is the impact of macroeconomic factors on the Skin Barriers Market in future?

What are the key market drivers in the Skin Barriers Market?

What are significant opportunities and improvement areas for Skin Barriers Market manufacturers?

What are the key developments and trends taking over the Skin Barriers Market?

Which are the emerging countries that are expected to create significant growth opportunities in the Skin Barriers Market?

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