Skin Tear Treatment Market
Skin Tear Treatment Market Size, Share & Trends Analysis Report, By Product Type (Hydrogels, Foam Dressing, Acrylic Dressing, Calcium Alginates, Non-Adherent Mesh Dressings, and Others), By End-User (Hospitals & Clinics, Ambulatory Surgical Centers, and Homecare), and Forecast 2019-2025
The global skin tear treatment market is expected to witness a significant growth rate of around 6% during the forecast period. Skins tear injuries results in partial or full separation of the outer layer of the skin. The changes in the skin that occur with the aging process make the skin more fragile, wrinkled, and furrowed, resulting in a more prone area for any skin tears. Some skin tears are unavoidable; though, many are considered to be preventable. The prevention of skin tears is an important aspect of skin care practice for the care of the elderly and infants or dependent persons.
Factors such as old age, followed by falls and accidental injuries, impaired mobility, and cognitive deficit/dementia tend to drive the growth of the global skin tear treatment market. Additionally, increasing prevalence of cognitive and sensory impairment and increasing intake of steroids stimulate the growth of the market. further, increasing focus on research R&D will present new opportunities to the skin tear treatment market. However, low awareness regarding the correct skin tear treatment will majorly impact the growth of the market.
Segmental Outlook
The global skin tear treatment market is segmented on the basis of product type and end-user. Based on the product type, the market is segmented into hydrogels, foam dressing, acrylic dressing, calcium alginates, non-adherent mesh dressings, and others such as ionic silver dressings. Based on the end-user, the market is segmented into hospitals and clinics, ambulatory surgical centers, and homecare.
Skin Tear Treatment Market Share by End-User, 2018(%)
Hydrogels Segment is Estimated to Have Significant Market Share in the Market
The hydrogels segment is expected to contribute significantly to the market growth during the forecast period. The hydrogels are considered as an advanced wound dressing product and are a better approach as compared to conventional wound dressing products due to its efficacy in managing wounds by enabling faster healing. The segmental growth of the market is driven by the increasing geriatric population base. The US Census Bureau estimated that people aged over 65 years represented around 15% of the total population of the country in 2014. This share is further estimated to reach 21% by 2030 and 24% by 2060. The hydrogels are significantly considered for the treatment of skin tears in the elderly population. Hence the rise in the elderly population is anticipated to contribute to the segmental growth of the skin tear treatment market.
Regional Outlook
Moreover, the market is geographically segmented into North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific) and Rest of the World (RoW). North America is projected to have a prominent share in the market. The growth is attributed to the increasing incidence of pressure ulcers (PU) owing to aging populations coupled with increased per capita healthcare expenditure and the presence of major market players in this region.
Asia-Pacific is estimated to Exhibit Considerable Growth in the Market
The skin tear treatment market is rapidly expanding in the Asia-Pacific and witnessing a significant growth specifically in the countries including China, Japan, and India. As the population of India and China grows, its expanding share of older adults is particularly notable. The United Nations Population Division projects that India’s population age 50 years and older will reach 34% by 2050. Between 2010 and 2050, the share of people aged over 65 and older is expected to increase from 5% to 14%, while the share in the oldest age group (80 and older) will triple from 1% to 3%. With the age dynamics, the skin tears cases among the population of Asia-Pacific are expected to grow, which in turn, is expected to propel the growth of the skin tears treatment market in the region.
Market Players Outlook
Some of the major players that contribute to the growth of the market include 3M Co., Advanced Medical Solutions Group PLC, ConvaTec Group PLC, McKesson Corp., Mölnlycke Health Care AB, AMERX Health Care Corp., Hollister Inc., Smith & Nephew PLC, and others. These market players are contributing to the market by adopting various market approaches including product launch and approvals, merger and acquisition, partnerships and collaborations, and others for gaining a strong position in the market.
Recent Developments
- In October 2019, 3M Co. completed the acquisition of Acelity, Inc. and its KCI subsidiaries, a US-based company that focusses on wound care facilities. Through this acquisition, 3M Co. will advance its wound care segment, which is regarded as one of the most significantly growing segments across the globe.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global skin tear treatment market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. 3M Co.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Advanced Medical Solutions Group PLC
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Convatec group PLC
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. McKesson Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Stryker Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Skin Tear Treatment Market by Product Type
5.1.1. Hydrogels
5.1.2. Foam Dressing
5.1.3. Acrylic Dressing
5.1.4. Calcium Alginates
5.1.5. Non-adherent Mesh Dressings
5.1.6. Others (Ionic Silver Dressing)
5.2. Global Skin Tear Treatment Market by End-User
5.2.1. Hospitals & Clinics
5.2.2. Ambulatory Surgical Centers
5.2.3. Homecare
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 3M Co.
7.2. Advanced Medical Solutions Group PLC
7.3. Advancis Medical UK
7.4. Amerx Health Care Corp.
7.5. Aspen Surgical
7.6. BSN Medical GmbH
7.7. Cardinal Health, INC.
7.8. Coloplast Corp.
7.9. Convatec Group PLC
7.10. Covalon Technologies Ltd.
7.11. Gensco Pharma
7.12. Hartmann USA, Inc.
7.13. Hollister Inc.
7.14. Integra Lifesciences Corp.
7.15. Mckesson Corp.
7.16. Medline Industries, INC.
7.17. Mölnlycke Health Care AB
7.18. Seyitlerkimya San. A.S.
7.19. Shared Health Services Inc.
7.20. Smith & Nephew PLC
1. GLOBAL SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
2. GLOBAL HYDROGELS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL FOAM DRESSING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL ACRYLIC DRESSING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL CALCIUM ALGINATES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL NON-ADHERENT MESH DRESSINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL OTHER SKIN TEAR TREATMENT PRODUCT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
9. GLOBAL SKIN TEAR TREATMENT IN HOSPITALS & CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL SKIN TEAR TREATMENT IN AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL SKIN TEAR TREATMENT IN HOMECARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
13. NORTH AMERICAN SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
14. NORTH AMERICAN SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
15. NORTH AMERICAN SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
16. EUROPEAN SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. EUROPEAN SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
18. EUROPEAN SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
19. ASIA-PACIFIC SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
21. ASIA-PACIFIC SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
22. REST OF THE WORLD SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
23. REST OF THE WORLD SKIN TEAR TREATMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL SKIN TEAR TREATMENT MARKET SHARE BY PRODUCT TYPE, 2018 VS 2025 (%)
2. GLOBAL SKIN TEAR TREATMENT MARKET SHARE BY END-USER, 2018 VS 2025 (%)
3. GLOBAL SKIN TEAR TREATMENT MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
6. UK SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD SKIN TEAR TREATMENT MARKET SIZE, 2018-2025 ($ MILLION)
