Global Skin Barriers Market Outlook to 2026
The Global Skin Barriers Market is estimated to grow at a CAGR of 4.1% during the forecast period 2019-2026. As per the detailed market analysis, the global marketplace is estimated to reach $1.19 billion by the end of the year 2026. The flat shaped segment of the market is estimated to grow at fastest growth rate with a CAGR of 4.2% during the forecast period. Moreover, the colostomy segment is anticipated to grow at a CAGR of 4.4% during the forecast period.
The skin barriers industry is driven by various growth factors such as availability of advanced devices used in bowel management, increase in number of geriatric population base and growth in fecal inconsistency related disorders. However, lack of skilled professionals and patients' discomfort in using these devices hampers the market growth for the future period. On the other hand, rising focus of regional governments towards healthcare reforms in untapped economies will offer lucrative opportunities for the market players dealing in skin barriers.