Bruise Treatment Market is segmented By Treatment Type (Anti-coagulant Drugs, Anti-inflammatory Drugs, Others), By Application (Bleeding Disorder, Vitamin Deficiencies, Skin Injury, Others), By End User (Hospitals, Clinics, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, E-commmerce, Others), By Region (North America, South America, Europe, Asia Pacific, Middle East & Africa) â Share, Size, Outlook, and Opportunity Analysis, 2023-2030.
Bruise Treatment Market size is expected to reach at a high CAGR of 4.3% during the forecast period (2023-2030).
Skin darkening brought on by a skin or tissue injury is a bruise or contusion. This tissue injury causes leaks to the blood vessels beneath the skin. Blood systems under the skin occur with black, blue, purple, brown, or yellow discoloration. These are very painful and can affect internal organs. To manage the bruise, therapies are used, such as anti-inflammatory drugs.
As per DataM Intelligence, Bruise Treatment Market study analysis offers an in-depth outlook on the market containing quantitative and qualitative data. It gives an outlook and forecast of the global market based on market segmentation. It also provides global Bruise Treatment Market size, and growth, along with the latest trends, opportunities, and forecast till 2030 for the global market with esteem to major countries such as the United States, Canada, Brazil, Germany, Italy, Spain, United Kingdom, Russia, European countries, United Arab Emirates, Saudi Arabia, South Africa, Japan, China, India, South Korea, Australia, and rest of the countries over the globe.
Among all regions, the North American region is expected to hold the largest share of the global market over the forecast period. Bruise Treatment Market in the United States and Canada produces the utmost share. Whereas the European Bruise Treatment Market is projected to continue its presence globally during the period of 2023- 2030.
Bruise Treatment Market
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Metrics |
Details |
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Market CAGR |
4.3% |
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Segments Covered |
By Treatment Type, By Application, By End User, By Distribution Channel, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Market Dynamics
The bruise treatment market growth is driven by the rise in the prevalence of blood disorders, such as the rising adoption of bruise treatment for a diagnosis of disease, an increase in the pediatric and old population with a bruise, and research and development activities.
The rising public awareness regarding bruises is expected to drive the market growth
The increasing prevalence of cardiovascular and other diseases is expected to boost the market over the forecast period. Those who are suffering from cancer or liver disease which is prone to bruising. The article was published in Future Oncology in June 2020; as per the WHO, worldwide cancer cases are predicted to increase around 60%, from 18.1 million in 2018 to 29.4 million by 2040. In addition, as per the American Cancer Society data report 2022, it is estimated that the number of new cancer cases has risen by 1.9 million in the United States. Increasing patients with bruises lead to increasing demand for its treatment which drives the market.
Furthermore, injectable fillers are in high demand, and patients undergoing this treatment face buising. Patients can be strongly impacted as bruises may limit their social activities and possibly undergo this type of cosmetic procedure. To avoid bruising, patients' consultation and treatment from healthcare physicians lead to increased awareness in the patients.
Moreover, the new anticoagulants launched by key players drive the market. For instance, in December 2020, Nacho Pharma introduced the anti-coagulation drug Rivaroxaban molecule to treat and prevent blood clots.
The side effects associated with bruise treatment will hamper the growth of the market
However, the side effects related to bruising treatment such as anticoagulant drugs, such as passing blood in the urine, severe bruising, back pain vomiting blood or coughing up blood. These side effects are limiting the bruise treatment market.
COVID-19 Impact Analysis
The appearance of COVID-19 considerably impacted the global bruise treatment market. In May 2021, an article published in The Lancet Rheumatology reported that using NSAIDs in COVID-19 patients shows less or no risk to their health. So, they can use these drugs for bruise treatment even if they suffer from a coronavirus infection. On the other hand, due to the forceful lockdown, transportation restrictions, and shutdown of medical facilities, more patients faced difficulty getting proper treatment for bruises, and those who were already suffering from diabetes suffered from regular treatment. Many hospitals and clinics are engaged in managing the COVID-19 crisis; they avoid the remaining healthcare facilities. Therefore, patients did not get proper treatment during the pandemic.
But as of now, the situation is recovering from COVID-19. Mostly every patient can access healthcare facilities to treat specific diseases or disorders. The increasing patient pool of bruises leads to increasing demand worldwide for the bruises treatment market.
Segment Analysis
The anticoagulants drugs segment is expected to grow at the fastest CAGR during the forecast period (2022-2029)
The anticoagulants drugs segment is expected to boost the market throughout the forecast. Risk factors including prolonged sitting, trauma, smoking, a blood disorders and autoimmune disease can cause blood clotting in various parts of the human body. Interruption in the anticoagulation system in the body temporarily increases the thromboembolic risk, and continuing anticoagulation raises the risk of bleeding related to invasive procedures. Both of these outcomes can increase fatality rates. The anticoagulants such as factor XA inhibitors (NOAC/DOAC), heparins, direct thrombin inhibitors, and vitamin K antagonists are used to treat blood disorders. In addition, the increasing old population and different surgeries related to them, surgeries frequently need long bed rest, causing blood clotting, which leads to rising sales of the anti-coagulants drugs market. Moreover, as per to a study reported in the American Journal of Cardiovascular Drugs in 2020, more than ten clinical trials are recently in the process of developing the potential of anticoagulants in COVID-19 patients, and research on parenteral administration strategies for these drugs is being overseen for use in critically ill COVID-19 patients.
Geographical Analysis
North America region holds the largest market share of the global bruise treatment market
North America dominates the market for bruise treatment and is expected to show a similar trend over the forecast period. It is anticipated to hold a significant market size over the forecast period (2022-2029) owing to technological advancements in the healthcare system and easy access to treatment in the region. According to the Centers for Disease Control and Prevention report, 900,000 people suffer from blood disorders each year. 3 in 10 people are suffering from blood clots. It causes death in general people, pregnant women, or after having a baby. In the United States, approximately 10 billion dollars is required to manage blood clots. The rising number of patients with blood clots leads to rising treatment demand in the North American region. In addition, the presence of key players in the United States provides the easy availability of treatment and boosts the market growth. For instance, Boiron offers bruise gel and cream for daily use to reduce pain and swelling. It is formulated 100% free of parabens, fragrances, and dyes for daily use as part of a skincare routine.
Competitive Landscape
The bruise treatment market is a moderately competitive presence of local and global companies. Some of the key players contributing to the market's growth are Arnicare Boiron, STADA, Bioderma, Zealous Health Private Limited, Pharmavite, LLC, Topix Pharmaceuticals, Inc., TriDerma, and Zax Healthcare, among others. The major players are adopting several growth strategies, such as treatment-type launches, acquisitions, and collaborations, contributing to the growth of the bruise treatment market globally.
For instance,
- In January 2022, USFDA approved VONVENDI by Takeda Pharmaceutical Company VONVENDI is the first and only recombinant Von Willebrand factor (VWF) replacement therapy to reduce the frequency of bleeding episodes.
Zax Healthcare
Overview:
Zax Healthcare is a Canadian company founded in 2007 that offers fast and effective treatment for skin care, including bruises, heel spurs, and others.
Treatment type Portfolio:
Zax's Original Bruise Cream: It is made up of the most efficacious natural bruise-combating ingredients (arnica and witch hazel) combined with a hint of age-old menthol to produce the most potent bruise remedy on the market.
The global bruise treatment market report would provide access to approximately 50+ market data tables, 50+ figures, and in the range of 200 (approximate) pages.
Frequently Asked Questions
What is the Bruise Treatment Market growth?
The market is growing at a CAGR of 4.3%.
What is the Bruise Treatment Market size in 2023?
The Bruise Treatment Market size was valued at USD YY million in 2023.
Who are the key players in Bruise Treatment Market?
STADA, Bioderma, Zealous Health Private Limited, Pharmavite, LLC, Topix Pharmaceuticals, Inc., TriDerma, Zax Healthcare.