Global Skin Tears Treatment Market, By Product (Moisture-Retentive Dressing, Dressing Adhesives and Fixators, Barrier Films, Hyaluronic Acid Wound Devices, Contact Layer Dressing, 2-Octyl Cyanoacrolate Topical Bandages, Gels and Cream, Skin Closure Strips), Type of Skin Tear (Type 1 Skin Tear, Type 2 Skin Tear, Type 3 Skin Tear), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Specialty Pharmacies, Mail Order Pharmacies), Factor (Intrinsic Factors, Extrinsic Factor) – Industry Trends and Forecast to 2030.
Skin Tears Treatment Market Analysis and Size
The most recent study on the geriatric population estimates that in 2020, there will be over 264 million people over 60 and about 191 million persons over 65. Additionally, the adoption and demand for skin tears treatment is projected to boost market growth during the forecast period due to the rising occurrence of injuries and the rise in the number of initiatives made by the government to raise awareness. Thus, this factor will propel the market growth.
Data Bridge Market Research analyses that the skin tears treatment market which is USD 57.82 million in 2022, is expected to reach USD 79.13 million by 2030, at a CAGR of 4.00% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Skin Tears Treatment Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Moisture-Retentive Dressing, Dressing Adhesives and Fixators, Barrier Films, Hyaluronic Acid Wound Devices, Contact Layer Dressing, 2-Octyl Cyanoacrolate Topical Bandages, Gels and Cream, Skin Closure Strips), Type of Skin Tear (Type 1 Skin Tear, Type 2 Skin Tear, Type 3 Skin Tear), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Specialty Pharmacies, Mail Order Pharmacies), Factor (Intrinsic Factors, Extrinsic Factor)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Mölnlycke Health Care AB (Sweden), Advancis Medical (U.K.), ConvaTec Inc. (U.K.), 3M (U.S.), AMERX Health Care Corp. (U.S.), Coloplast A/S (Denmark), McKesson Medical-Surgical (U.S.), Advanced Medical Solutions Group plc (U.K.), Covalon Technologies Ltd. (Canada), HARTMANN USA, Inc. (U.S.), Medline Industries Inc. (U.S.), Hollister Incorporated (U.S.), Richardson Healthcare, Inc. (U.K.), Stedical Scientific (U.S.), Anika Therapeutics, Inc. (U.S.), Essity Medical Solutions (Germany)
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Market Opportunities
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Market Definition
Skin tears are wounds that may resemble significant scratches or slashes. They are regarded as recent wounds. This means that they happen suddenly and usually go away independently with time. The adoption of skin tears treatment during the period is a result of the rising number of motor vehicle accident injuries and the growing geriatric population.
Skin Tears Treatment Market Dynamics
Drivers
- Rise in prevalence of dermatological disorders
Healthcare organizations are implementing a number of educational programmes to raise staff awareness of managing skin tears. In order to lower the incidence of pain and infection, these programmes also heavily emphasize the classification of skin rips and the recommended products for each group. Additionally, the sector for skin tears therapy is being driven by developments in technology, an ageing population, government initiatives, and a critical need for the quicker and safer treatment of acute and chronic wounds. In developing nations such as China and India, where the population is rapidly growing, acute wounds like skin tears are on the rise. These incidents have increased the usage of wound dressings, especially among the middle classes of emerging nations.
Opportunities
- Rise in incidence of skin rips
In long-term care facilities, the incidence of skin rips ranges from 2.23% to 92%, with rates ranging from 2.1% in men to 4.6% in women, according to a study published in NCBI. This is because healthcare has improved and more people are aware of affordable wound remedies such as different dressings and growth factors for acute wounds.
Restraints/Challenges
- Lack of skilled practitioners
Skin tear therapy regulations are unknown to unskilled practitioners which will hinder the market's expansion. Skin tear misdiagnosis and mismanagement of therapy are on the rise as a result of a lack of knowledge and fundamental facts about skin tears. Low demand for these products may be caused by low awareness of viable skin tear treatment alternatives and different treatment procedures on the market. This is notably true for the majority of middle- and emerging-income nations.
This skin tears treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the skin tears treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on the Skin Tears Treatment Market
Lockdown in various areas, interruption of transportation, organizations and line restrictions were brought on by the COVID-19 epidemic. The lack of workers appeared to be affecting the network of the global skin tears treatment market due to the spread of illness and the lockdown.
Skin tears treatment products' popularity dropped, which affected the market's growth pace. Yet, after the lifting of lockdowns at production facilities, the reopening of skin care facilities and the beginning of imports and exports of these products, demand for these products saw a large surge from the fourth quarter of 2020.
Recent Developments
- In 2021, A major player in the wound care industry, Smith Nephew, recently announced the results of a real-world study done in Spain that showed how switching to ALLEVYN LIFE Dresiings helped clinicians and patients in a community setting reduce dressing change and frequency and costs while improving treatment satisfaction.
Global Skin Tears Treatment Market Scope
The skin tears treatment market is segmented on the basis of product, type of skin tear, factor and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Moisture-Retentive Dressing
- Mesh Dressing
- Foam Dressing
- Hydrogel Dressing
- Silicone Dressing
- Alginate Dressing
- Acrylic Dressing
- Hydrocolloidal Dressing
- Hydrofiber Dressing
- Dressing Adhesives and Fixators
- Adhesive Fixation Products
- Non-adhesive Fixation Products
- Barrier Films
- Hyaluronic Acid Wound Devices
- Contact Layer Dressing
- 2-Octyl Cyanoacrolate Topical Bandages
- Gels and Cream
- Skin Closure Strips
Type of Skin Tear
- Type 1 Skin Tear
- Type 2 Skin Tear
- Type 3 Skin Tear
Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Specialty Pharmacies
- Mail Order Pharmacies
Factor
- Intrinsic Factors
- Extrinsic Factor
Skin Tears Treatment Market Regional Analysis/Insights
The skin tears treatment market is analyzed and market size insights and trends are provided by country, product, type of skin tear, factor and distribution channel as referenced above.
The countries covered in the skin tears treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the skin tears treatment market because of the strong penetration of healthcare infrastructure and players.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because many well-established market participants are concentrating on growing their presence and raising awareness in this specific area.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The skin tears treatment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for skin tears treatment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the skin tears treatment market. The data is available for historic period 2011-2021.
Competitive Landscape and Skin Tears Treatment Market Share Analysis
The skin tears treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to skin tears treatment market.
Some of the major players operating in the skin tears treatment market are:
- Mölnlycke Health Care AB (Sweden)
- Advancis Medical (U.K.)
- ConvaTec Inc. (U.K.)
- 3M (U.S.)
- AMERX Health Care Corp. (U.S.)
- Coloplast A/S (Denmark)
- McKesson Medical-Surgical (U.S.)
- Advanced Medical Solutions Group plc (U.K.)
- Covalon Technologies Ltd. (Canada)
- HARTMANN USA, Inc. (U.S.)
- Medline Industries Inc. (U.S.)
- Hollister Incorporated (U.S.)
- Richardson Healthcare, Inc. (U.K.)
- Stedical Scientific (U.S.)
- Anika Therapeutics, Inc. (U.S.)
- Essity Medical Solutions (Germany)
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