Astringent, any of a group of substances that cause the contraction or shrinkage of tissues and that dry up secretions, Used in medicine to reduce swollen mucous membranes that sequel from inflammations of the nasal, gastrointestinal, and urinary passages, astringents are also frequently employed to dry up excessive secretions and (in this connection they are often known as styptics) to stop bleeding.
MARKET SCOPE
The "Global Astringent Professional Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the astringent professional market with detailed market segmentation by indication and distribution channel. The report provides key statistics on the market status of the leading astringent professional market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product the market is segmented as, Thrombin-based Astringent, Oxidized Regenerated Cellulose Based Astringent, Combination Astringent, Gelatin-based Astringent, Collagen-based Astringent
- Based on end-user the market is segmented as, Hospitals, Surgical Centers, Nursing Homes
MARKET DYNAMICS
Drivers:
- Increasing prevalence of conditions such as sore throat, hemorrhages, and peptic ulcers is expected to enhance the market growth
- Increasing use of astringents in cosmetic industries is expected to boost the market growth in the forecast period
- Increasing use of astringents in pharmaceutical industries is likely to ehnace the growth of the market
Restraints:
- Side-effects associated with use of astringents such as excessive drying of skin is likely to hamper the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The astringent professional market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the astringent professional market in these regions.
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IMPACT OF COVID-19 ON ASTRINGENT PROFESSIONAL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Majority of pharmaceutical and biopharmaceutical companies are focusing on developing more prominent treatment options to manage various mutations in COVID-19 infection thus affecting R&D activities of rare drug disease treatment drugs.
MARKET PLAYERS
The report covers key developments in the astringent professional market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from astringent professional market are anticipated to lucrative growth opportunities in the future with the rising demand for astringent professional in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the astringent professional market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ethicon
- Baxter International
- C. R. Bard
- The Medicines Company
- Anika Therapeutics
- Advanced Medical Solutions
- Integra LifeSciences
- Gelita Medical
- Pfizer
- B Braun Melsungen
- CryoLife
- Z-Medica
- Biocer En