The skin barrier products market is estimated to be valued at USD 1,592.5 Mn in 2024, growing at a CAGR of 4.7% over the forecast period (2024-2031). The market is witnessing steady growth owing to increasing cases of urinary or fecal incontinence and moisture-associated skin damage (MASD) globally. Furthermore, rising product innovation with advanced formulation designed to effectively restore and maintain protective skin barrier is further fueling market expansion.
Key Development
- On February 29, 2024, Convatec, a leading global medical products and technologies company, announced the launch of Esteem Body with Leak Defense in Italy. Esteem Body with Leak Defense allows ostomy skin barriers to fit a flush or retracted stoma to provide tension as close as possible to the stoma if protrusion of the stoma is needed.
- In May 2021, Coterie, the award-winning baby care brand for the modern parent, announced the launch of its new Wipe made from 100 percent plant-based biodegradable and compostable materials. Designed in partnership with VEOCEL brand, Coterie Wipes, consisting of 99 percent water, are the most sustainable and the largest (up to 30 percent bigger) baby wipes in the U.S.. The new wipes, made with the gentlest ingredients, effectively remove dirt and irritants while helping protect the skin’s barrier properties and natural pH balance.
- In April 2021, Ostoform, an Ireland-based start-up, announced that it had partnered with Medline Industries, a U.S.-based healthcare company, to commercialize a range of ostomy barrier rings in the U.S.
Link - https://www.coherentmarketinsights.com/market-insight/skin-barrier-products-market-4962
Key Players: 3M, ConvaTec Inc., Coloplast Corp., Salts Healthcare, MEDLINE, Medicareplus International, Essity Medical Solutions, Cardinal Health, Smith & Nephew Plc., Safe n Simple, B Braun Medical Inc., Hollister Inc., and DermaRite Industries, LLC
