Thursday, May 28, 2020

BRIC Incontinence Products Market to Face a Significant Slowdown in 2020, as COVID 19 Sets a Negative Tone for Investors

COVID-19 pandemic has turned out to be a major growth determinant in the industrial automation sector. With the integration of digital infrastructure to monitor and control public health, industrial automation has taken a new shape. This crisis has enhanced the value of IT and digital transformation across different sectors and industries.

The medical devices industry in the past decade has witnessed unprecedented growth owing to improved and innovative technologies and the development of state-of-the-art infrastructural facilities. Technologies such as 3D printing offer market players a plethora of growth opportunities in the field of personalized medicine. Faster regulatory approvals and consistent R&D activities have had a positive impact on the medical devices as well as pharmaceutical industry.

Incontinence or Incontinent may refer to the involuntary excretion of bowel contents or urine. Difficulties with using the toilet, accidents and incontinence, can all be problems for people with dementia, particularly as the condition progresses. According to a report published by WHO, 5% to 7% of the world’s population is suffering from incontinence.

To Understand How Our Report Information Can Bring Difference, Ask for a brochure @ https://www.persistencemarketresearch.com/samples/8935

These problems can be upsetting for people and for those around them. Today a variety of products are available in the market, which can provide practical solutions to those people suffering from such ailments. Some of these are Protective Underwear & Briefs, Pads & Liners, Overnight diapers, Tab Style Diapers, skin care products to name a few.

Incontinence products are a part of personal care segment, which is growing at a faster pace. This is due to the rise in aging population, increasing awareness and acceptance of incontinence products. Product innovations to customize the  products is also driving the incontinence care industry. The WHO report projects that in almost every country the proportion of people aged over 60 years is growing faster than any other age group, as a result of both longer life expectancy and declining fertility rates. Also the rise in the population of diabetic Mellitus patients worldwide provides a good platform for this market.  However, there are some bigger challenges faced by this industry like the threat of alternates and substitutes and the threat from low-cost manufacturers. 

Looking for Exclusive Market Insights from Business Experts? Request a Custom Report here @ https://www.persistencemarketresearch.com/request-customization/8935

The incontinence products market can be segmented based on product type, into, external & internal. External products include; absorbent products, hand wash, gloves, body wash, barrier cream, repair cream,   hand held urinals, bed pads, shampoo caps,  whereas, internal products include; tampons, disposable urethral Inserts, pessaries. Based on raw material used- plastic, cotton fabric, super absorbents, cotton fiber, latex, others (water proof materials).

In terms distributional channel, the market is segmented into institutional & homecare and retail trade. Out of which institutional & homecare is estimated to be the major end-users, accounting approximately 60% of the global market for incontinence products and the retail market owns remaining 40% of the market.

Geographically, the incontinence products market is segmented into seven regions which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA) and Japan. Among all the regions, Western Europe is the highest contributor in term of revenue in global incontinence products market followed by Asia Pacific, North America & it is expected that in near future, Asia Pacific is going to lead this market.

Japan, having the highest proportion of elderly citizens could be a big market for this segment. The ever growing population of China will drive the demand for healthcare products, consequently resulting in the growth of the incontinence market in country. Saudi Arab, Kiribati, Kuwait, Bahrain are world’s leading diabetic prevalent nation. These countries also have a good market potential for incontinence products.

Some of the key players across the value chain dominating this market are

  • Svenska Cellulosa Aktiebolaget SCA
  • Unicharm Corporation
  • HARTMANN GROUP
  • ONTEX International N.V.
  • Hypermarcas SA
  • Kimberly-Clark Corporation
  • First Quality Enterprises Inc.
  • Pro Descart Industria e Comercio Ltd
  • Coloplast A/S
  • R. Bard Inc.
  • Braun Melsungen AG
  • Covidien plc and Medline Industries Inc etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types, and applications.

To Gain More Insights & Stay Ahead Of The Competition, Buy Now @ https://www.persistencemarketresearch.com/checkout/8935

The report covers exhaustive analysis on:

  • Incontinence Products Market Segments
  • Incontinence Products Market Dynamics
  • Historical Actual Market Size, 2013 – 2015
  • Incontinence Products Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Incontinence Products Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Incontinence Products Market Drivers and Restraints

Regional analysis for incontinence products market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific Except Japan
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • The Middle East and Africa
    • GCC Countries
    • Other the Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Mr. Rajendra Singh

Persistence Market Research

Address – 305 Broadway, 7th Floor New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

Website – https://www.persistencemarketresearch.com

No comments:

Post a Comment