Global Skin Barrier Products Market – Regional Analysis
On the basis of region, the global skin barrier products market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to hold a dominant position in the global skin barrier products market over the forecast period, owing to new product launches of skin barrier wipes by key market players. For instance, in March 2017, ConvaTec Group Plc., a leading global medical technology company, announced the launch of Sensi-Care Skin Protectant Incontinence Wipes in the U. S., offering customers an advanced solution to help protect patients whose skin is at the risk of breakdown due to incontinence.
Moreover, due to increasing acquisitions by key market players, Europe is expected to witness significant growth in the global skin barrier products market over the forecast period. For instance, in January 2017, ConvaTec Group Plc, a leading global medical products and technologies company, announced the acquisition of EuroTec Beheer B.V., a Dutch-based manufacturer of ostomy appliances, for US$ 28 Million. Skin barrier products are used as ostomy pouch accessories. Furthermore, the addition of EuroTec to the ConvaTec family significantly strengthened their ostomy care business in France and the Benelux union.
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