Coherent Market Insights published a business research report on Bandages Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2022–2028. Bandages Market with 150+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
Overview:
A bandage is a piece of woven material used either to cover wounds, to keep dressings in place, to control bleeding, to support a medical device such as a splint, or to protect the injured part of the body. Bandages keep dressings in place to restrict the movement of that part, as well as to reduce pain or swelling. Different types of bandages available in the market, from simple fabric straps to special-shaped straps designed for a specific limb or body part.
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Drivers:
Increase in medical causalities and growing number of surgical procedures is expected to boost the growth of the global bandages market during the forecast period. For instance, according to Journal of Diabetes Research, in 2018, worldwide, about 25% of patients with diabetes may develop foot ulcer during their lifetime. This in turn is expected to increase the demand for wound care products such as bandages worldwide.
Moreover, increase the demand for wound care products and introduction of novel products is expected to propel growth of the global bandages market. For instance, in April 2017, Johnson & Johnson launched Skin-Flex, a line of adhesive bandages. It is designed to act just like a second skin, the super-flexible bandages are made from touch screen-friendly material, so they won’t get in the way when people are using their smartphone or tablet.
Furthermore, frequent approvals of novel products from regulatory bodies is expected to drive growth of the global bandages market. For instance, in February 2018, Axiostat (developed by Axio Biosolutions) become the first Indian wound care product to receive the U.S. Food and Drug Administration (FDA) approval in the U.S. for its pioneering haemostatic dressing.
Restraints:
Increasing public awareness about the benefits of advanced wound care products is expected to hamper growth of the global bandages market. Advanced wound care products help reduce the time of wound healing, and thus, there is an increasing demand for them worldwide.
Regional Insights:
North America is expected to witness robust growth in the global bandages market due to the growing incidence of chronic wounds, rising number of orthopedic procedures, high prevalence of chronic diseases, increasing number of burn injuries, and growing geriatric population in the region. For instance, as per the American Burn Association (ABA), in the United Sates, more than 486,000 burn injuries received medical treatment in 2016.
Moreover, Asia Pacific is expected to witness robust growth in the global bandages market due to the well-established healthcare infrastructure and presence of key players in the region, as well as the increasing prevalence of diabetes and rise in geriatric population.
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Market Taxonomy
On the basis of product type, the global bandages market is segmented into:
- Gauze
- Adhesive
- Cohesive
- Elastic
- Others
On the basis of applications, the global bandages market is segmented into:
- Surgical Treatment
- Traumatic and Laceration Injury Treatment
- Sport and Burn Injury Treatment
- Ulcer Treatment
- Others
On the basis of end user, the global bandages market is segmented into:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Homecare
Competitive landscape:
Major players active in the global bandages market are Medtronic, 3M, Derma Sciences Inc., Medline Industries Inc., Johnson and Johnson Consumer Inc., B. Braun Melsungen AG, Avcor Healthcare Products, Lohmann & Rauscher, Smith & Nephew, and Dermarite Industries, LLC.
Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Bandages Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Bandages Industry Impact
Chapter 2 Global Bandages Competition by Types, Applications, and Top Regions and Countries
2.1 Global Bandages (Volume and Value) by Type
2.3 Global Bandages (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Bandages Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Bandages Market Analysis
Chapter 6 East Asia Bandages Market Analysis
Chapter 7 Europe Bandages Market Analysis
Chapter 8 South Asia Bandages Market Analysis
Chapter 9 Southeast Asia Bandages Market Analysis
Chapter 10 Middle East Bandages Market Analysis
Chapter 11 Africa Bandages Market Analysis
Chapter 12 Oceania Bandages Market Analysis
Chapter 13 South America Bandages Market Analysis
Chapter 14 Company Profiles and Key Figures in Bandages Business
Chapter 15 Global Bandages Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
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