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United States Perineal Care Market to Grow at a CAGR of 4% During 2021-2026, Aided by the Increasing Geriatric Population

According to a new report by EMR titled, ‘United States Perineal Care Market Report and Forecast 2021-2026’, the industry is expected to grow at a CAGR of 4% in the forecast period of 2021-2026.

According to the Centre of Disease Control and Prevention (CDC), in the United States, there are 15,600 nursing homes with almost 1.8 million citizens residing in them. The increasing number of nursing facilities and hospitals are substantial to the growth of the perineal care industry. As more than half of the facilities are run by profit making organisations, they provide quality services and suitable requirements for elderly care. Incontinence is a common issue for many elderly adults and boosts the market growth.

The rising number of professional caregivers, who not only aid in nursing facilities and hospitals but also in residential care, is also facilitating the market growth for perineal care in the United States. Additionally, postpartum perineal care is becoming increasingly popular as the awareness about postpartum perineal care and the use of products, such as numbing spray, cleaning care, and postpartum pad, among others, are increasing, further contributing significantly to the perineal care industry. Moreover, perineal care products are witnessing an upsurge in demand due to the rapid increase of chronic diseases, a major cause of disability and death, consequently accelerating the growth of the market.

McKesson Corporation (NYSE: MCK), one of the leading players in the perineal care industry, has continuously been adapting to new changes and innovations. On June 1, 2018, it completed the acquisition of Medical Specialities Distributors (MSD) and through it plans to provide supply chain, biomedical services, and technology solutions to healthcare workers operating in low-cost alternating sites. Moreover, it launched ScriptPAS to empower oncology practices by providing quicker access to care. Perineal care products are substantial in oncology treatments and can further aid the growth of the market.

Market Analysis by Product Type, Application, Distribution Channels, and Region:

  • The market, on the basis of product type, can be divided into washcloths, cleanser, and moisturisers, among others.
  • Based on the application, the industry can be divided into hospitals, long term care-centre, and nursing facilities, among others.
  • The distribution channels for perineal care include hospital pharmacies, retail pharmacies, and online, among others.
  • The regional markets for perineal care in the United States include New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

Key Findings of the Report:

  • The rise of the geriatric population is aiding the market growth of perineal care in the United States.
  • Technological advances and innovation are boosting the industry growth of perineal care.
  • Increasing internet accessibility and the ease of availability of both resources and products are contributing to the growth of the market.
  • Rising disposable income is invigorating the industry growth of perineal care in the United States.

Key Offerings of the Report:

  • The EMR report gives an overview of the United States perineal care market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the product type, application, distribution channel, and region of perineal care.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the United States market for perineal care are GOJO Industries, Inc., 3M Company, Coloplast Corp, Medline Industries, Inc., Sage Products LLC, and McKesson Corporation, 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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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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