According to a new report published by Allied Market Research, titled, โSkin Barrier Market: Global Opportunity Analysis and Industry Forecast, 2019-2026” The global skin barriers market size was valued at $868.1 million in 2018, and is expected to reach $1,191.5 million by 2026, registering a CAGR of 4.1% from 2019 to 2026. Skin barriers are preferred for wound care management, incontinence, and ostomy care management.
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The global skin barriers market is expected to witness significant growth during the forecast period due to availability of technological advanced devices for bowel management. Furthermore, rise in geriatric population and surge in fecal inconsistency-related disorders significantly contributetoward the market growth. Elderly people are highly susceptible to fecal incontinence or constipation problems. For instance, as per WHO, by 2050, the proportion of the world’s population over 60 years is estimated to reach 22%. In addition, by 2020, the number of people aged 60 years and older is expected to outnumber younger children than 5 years. In 2050, 80% of older people are estimated to be living in low and middle-income countries.
The global skin barriers market is segmented into shape, surgery type, and region. On the basis of shape, the market is divided into flat and convex. Depending on surgery type, it is classified into colostomy, ileostomy and urostomy. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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North America accounted for the majority of the market share in 2018, and is anticipated to continue this trend during the forecast period. Ongoing R&D activities for introduction of novel bowel management devices for fecal management is the major trend in the North America skin barriers market. Rise in geriatric population in this region further contributes to the market growth. For instance, according to Economics and Statistics Administration, U.S. Department of Commerce, America’s elderly population is now growing at a moderate pace, and is expected to grow rapidly in the future.
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- The skin barrier market share and analysis is based on a comprehensive analysis of key developments in the skin barrier industry.
- The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global market.
- The study provides an in-depth analysis of the skin barrier market trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on thesk in barrier market size is provided.
- Porterโs five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global skin barrier market from 2019 to 2026 is provided to determine the market potential
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Comprehensive competitive analysis and profiles of major market players such as 3M Company, B. Braun Melsungen AG, Coloplast Corp, ConvaTec Group PLC, Cymed Ostomy Pouching Systems, Hollister Inc., Marlen Manufacturing & Development Co., Nu-Hope Laboratories, Inc., Safe nโ Simple Medical, and Torbot Group, Inc.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Surgical Robotic System Market: https://www.alliedmarketresearch.com/surgical-robotic-systems-market-A06827
Healthcare Interoperability Solutions Market: https://www.alliedmarketresearch.com/healthcare-interoperability-solutions-market-A07075
Surgical Drains Market https://www.alliedmarketresearch.com/wound-drainage-surgical-drains-market-A07517
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