Skin Tears Treatment Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 5.90 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Skin Tears Treatment Market Analysis
Certain factors that are driving the market growth include increasing incidence of acute wounds and injuries, and shift towards advanced skin tears treatment protocols.
Moreover, the skin tears treatment market is driven by technological advances, ageing population, initiatives taken by the government, and a pressing need for swift and safer treatment of acute as well as chronic wounds. The growing prevalence of several lifestyle disorders is leading to chronic wounds, such as diabetic foot ulcer, venous leg ulcer, and pressure ulcer is one of the key factors estimated to encourage the growth of the skin tears treatment market in the coming years. Attempts to lower the duration of the hospital stay in order to reduce the surgical healthcare expenses and the growing inclination toward products that enhance therapeutic outcomes are also driving the demand for the market. The dearth of skilled professionals and lack of awareness serve as factors which hinder the market.
Skin Tears Treatment Market Trends
This section covers the major market trends shaping the Skin Tears Treatment Market according to our research experts:
Moisture-retentive Dressings Hold Significant Share in the Global Skin Tears Treatment Market
Moisture-retentive dressings can be of many types i.e. mesh dressings, foam dressings, hydrogel dressings, silicone dressings, alginate dressings, etc.
Hydrogel dressings are one the most widely used methods of dressing a wound. Made of roughly 90% water, hydrogels provide adequete moisture which can accelerate healing time. Initially, they were designed to help in regulating fluid exchanges on the surface of the wound.
Similarly, foam dressings are a type of extremely absorbent dressing used for wound care. Foam dressing works for heavily exuding wounds, like weeping ulcers, deep cavity wounds, and wounds caused after debridement. These dressings can be used for a longer duration of time as they have lower replacement rates when compared to other types of dressings. These are generally made from semi-permeable polyurethane. They allow water vapor to enter but keep out contaminants and bacteria. In some cases, the outer layer of these dressings may be waterproof, depending upon the need.
Moreover, the ability of these dressings to be used as primary or secondary dressings during accidents or other serious cases is also expected to increase their adoption.
North America Dominates the Global Skin Tears Treatment Market
North America dominates the skin tears treatment market due to the increasing incidence of acute as well as chronic wounds, favorable reimbursement policies, and rise in the ageing population. The healthcare industry in the United States is one of the most flourished and mature markets, in terms of innovations and product availability.
On the other hand, the Asia-Pacific market, which consists of fast-developing economies has remained largely untapped. The studied market is expanding steadily and has created abundant opportunities for the launch of new products. In terms of prospective growth potential, the Asia-Pacific skin tears treatment market is expected to witness the fastest growth. However, the lack of awareness and price sensitivity has considerably hindered the growth of market in developing countries, such as India, China, Brazil, and others.
Skin Tears Treatment Industry Overview
The global Skin Tears Treatment market is competitive and consists of a few major players. Companies like 3M Company, ACell Inc., BSN medical, Cardinal Health, ConvaTec Inc., Covalon Technologies Ltd., Hollister Inc., Medline Industries, Inc., Smith and Nephew plc, among others, hold the substantial market share in the market.
Skin Tears Treatment Market Leaders
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3M Company
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ACell Inc.
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BSN medical
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Cardinal Health
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ConvaTec Inc.
*Disclaimer: Major Players sorted in no particular order
Skin Tears Treatment Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Incidence of Acute Wounds and Injuries
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4.2.2 Shift Towards Advanced Skin Tears Treatment Protocols
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4.3 Market Restraints
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4.3.1 Dearth of Skilled Professionals and Lack of Awareness
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Moisture-retentive Dressings
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5.1.2 Barrier Films
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5.1.3 Hyaluronic Acid Wound Device
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5.1.4 Gels and Creams
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5.1.5 Others
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5.2 By End-user
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5.2.1 Hospitals and Clinics
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5.2.2 Ambulatory Surgical Centers
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5.2.3 Others
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.2 Europe
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5.3.2.1 Germany
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5.3.2.2 United Kingdom
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5.3.2.3 France
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5.3.2.4 Italy
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5.3.2.5 Spain
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5.3.2.6 Rest of Europe
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5.3.3 Asia-Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 South Korea
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5.3.3.6 Rest of Asia-Pacific
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5.3.4 Middle-East and Africa
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5.3.4.1 GCC
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5.3.4.2 South Africa
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5.3.4.3 Rest of Middle-East and Africa
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5.3.5 South America
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5.3.5.1 Brazil
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5.3.5.2 Argentina
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5.3.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 3M Company
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6.1.2 ACell Inc.
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6.1.3 BSN medical
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6.1.4 Cardinal Health
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6.1.5 ConvaTec Inc.
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6.1.6 Covalon Technologies Ltd.
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6.1.7 Hollister Inc.
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6.1.8 Medline Industries, Inc.
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6.1.9 Smith and Nephew plc
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Skin Tears Treatment Industry Segmentation
Skin tears are wounds that may look like large cuts or scrapes. They're considered acute wounds. This means they occur suddenly and typically heal in an expected fashion over time. However, for some people, skin tears can become complex, chronic wounds. The report covers various types of products associated with the treatment of such skin tears.
By Product Type | |
Moisture-retentive Dressings | |
Barrier Films | |
Hyaluronic Acid Wound Device | |
Gels and Creams | |
Others |
By End-user | |
Hospitals and Clinics | |
Ambulatory Surgical Centers | |
Others |
Geography | ||||||||
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Skin Tears Treatment Market Research FAQs
What is the current Skin Tears Treatment Market size?
The Skin Tears Treatment Market is projected to register a CAGR of 5.90% during the forecast period (2024-2029)
Who are the key players in Skin Tears Treatment Market?
3M Company , ACell Inc. , BSN medical , Cardinal Health and ConvaTec Inc. are the major companies operating in the Skin Tears Treatment Market.
Which is the fastest growing region in Skin Tears Treatment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Skin Tears Treatment Market?
In 2024, the North America accounts for the largest market share in Skin Tears Treatment Market.
What years does this Skin Tears Treatment Market cover?
The report covers the Skin Tears Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Skin Tears Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Skin Tears Treatment Industry Report
Statistics for the 2023 Skin Tears Treatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Skin Tears Treatment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.