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 ageing process make the skin more fragile, wrinkled, and furrowed, resulting in a more prone area for any skin tears. 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.
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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. They are adopting various strategies to remain competitive in the market. For instance, in October 2019, 3M Co. completed the acquisition of Acelity, Inc. and its KCI subsidiaries, a US-based company that focuses on wound care facilities. Through this acquisition, 3M Co. will advance its wound care segment that is regarded as one of the most significantly growing segments across the globe. Furthermore, in 2019, ActivHeal was incorporated into the Woundcare division. ActivHeal is a brand of advanced wound care dressings sold in the U.K. This brand provides a range of high quality ‘good value’ advanced wound care dressings that deliver cost savings to the NHS without compromising clinical outcomes or patient care.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segments Covered
o By Product Type
o By End-User
- Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: 3M Co., Advanced Medical Solutions Group PLC, ConvaTec Group PLC, McKesson Corp., Stryker Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Skin Tear Treatment Market by Segments
By Product Type
- Hydrogels
- Foam Dressing
- Acrylic Dressing
- Non-adherent Mesh Dressings
- Others (Ionic Silver Dressing)
By End-User
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Homecare
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Skin Tear Treatment Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- 3M Co.
- Advanced Medical Solutions Group PLC
- Advancis Medical UK
- Amerx Health Care Corp.
- Aspen Surgical
- BSN Medical GmbH
- Cardinal Health, INC.
- Coloplast Corp.
- Convatec Group PLC
- Covalon Technologies Ltd.
- Gensco Pharma
- Hartmann USA, Inc.
- Hollister Inc.
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