Press Release
Press Release
Globally, the population aged 65 years and above is growing at a faster pace than all other age groups. Urinary incontinence is most common among elderly people, especially women, and refers to the inability to voluntarily control urination. It is one of the primary reasons for the use of perineal care products, especially in hospitals and nursing facilities. Hence, the increase in the number of aged citizens is expected to drive demand for perineal care products. An additional factor for the market growth has been the increased occurrence of bladder-related chronic diseases. These include bladder cancer, urinary tract infections (UTI), kidney diseases, and other urological disorders. These illnesses are known to cause urinary incontinence, which, in turn, can lead to dermatitis. Thus, growth in the global perineal care industry is needed to counterbalance this and prevent the side-effects of incontinence.
As awareness for health and personal hygiene increases, consumers are opting to purchase perineal care products (especially barrier creams) directly via pharma and drug stores. The steady increase in the growth and reach of e-commerce giants such as Amazon.com (NASDAQ: AMZN) and Alibaba Group (HKG: 9988) has led to a boost in sales of perineal care products as they are becoming increasingly accessible to consumers via these distribution channels.
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The major players in the global perineal care market are 3M Company, Cardinal Health, Inc., ConvaTec Inc., Coloplast Corp, GOJO Industries, Inc., and McKesson Medical-Surgical Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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