Global Adhesive Bandages Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2033
Global Adhesive Bandages Market was valued at USD 3000 mn in 2023 and is reach USD 5200 mn by 2033 at a CAGR of 5.65%
“Global Adhesive Bandages Market” is a recent report produced by the research team at MarketResearch.biz. The global adhesive bandages market report has been segmented on the basis of product type, indication, material, sales channel, and region.
Global Adhesive Bandages Market: Overview
Adhesive bandages are adhesive strips with sterile material designed to be applied on minor injuries or cuts in order to protect the wound from external elements such as dust, bacteria, and water etc., and to aid in recovery or healing. These bandages are available in two types, cohesive fabric bandages, and flexible fixation bandages. Some of these bandages are available in medicated adhesives which comprise of some medication contents that helps to cure the wound quickly.
Global Adhesive Bandages Market: Dynamics
Easy availability of such bandages for application-specific requirements is a key factor expected to drive the growth of the global market. Moreover, the bandages find other applications, including for orthopedic injuries, wound care management, etc., which is a factor expected to fuel the growth of the target market. The increasing prevalence of injuries at the workplace and sports activities across the world are other factors expected to fuel demand for these bandages. In addition, the geriatric population and diabetic patients are more prone to injuries, and the growing aging population and increasing prevalence rate of injuries is projected to augment the growth of the global market. Manufacturers are launching new products as per changing requirements of wound care, such as butterfly stitches which are designed for application on small wounds.
However, the availability of liquid bandage sprays or spray plaster and waterproof shields, which are convenient to use for small wounds, and can provide immediate protection can impact the growth of the global adhesive bandage market to a certain extent.
Global Adhesive Bandages Market: Segment Analysis
By product type:
Among the product type segments, the cohesive fabric bandage segment is projected to contribute significant revenue share in the global market, owing to various benefits offered by it including high absorbance, flexibility, and breathability.
Among the indication segments, the wound management segment is expected to register revenue substantial growth owing to the increasing incidence of sports and workplace injuries.
Among the material segments, the plastic segment is expected to register considerable growth owing to various product characteristics including lower cost, convenience to use, resistance to water, and ease of availability.
By sales channel:
Among the sales channel segments, the hospitals and clinics segment is expected to register significant revenue growth as a result of increasing footfalls to emergency care facilities and hospitals.
Global Adhesive Bandages Market: Regional Analysis
Asia Pacific adhesive bandages market is projected to account for a significant revenue share of the target market, owing to the rising geriatric population and increasing occurrences of sports injuries among the young population. An increasing number of injuries and wounds resulting from workers and manual labor not being provided the appropriate tools and safety items such as gloves, protective footwear, hard hats, etc., especially in countries such as India, Pakistan, Bangladesh, Sri Lanka, Malaysia, etc. is projected to contribute significantly to the growth of the market. The adhesive bandages market in North America is expected to register substantial growth owing to the robust healthcare sector in countries such as the US, which is projected to support demand for bandages for wound care management.
Global Adhesive Bandages Market Segmentation:
Segmentation by Product Type:
- Cohesive Fabric Bandages
- Flexible Fixation Bandages
Segmentation by Indication:
- Edema Control and Pain Management
- Wound Management
- Orthopedic Support
- Others (Post-surgical Compression, Sports and Athletic Wraps, etc.)
Segmentation by Material:
- Woven Fabric
- Latex Strips
Segmentation by Sales Channel:
- Hospitals and Clinics
- Retail Stores
- Pharmaceutical Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size USD 3000 mn Growth Rate 5.65% Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Johnson & Johnson
- Essity Aktiebolag(publ) / (BSN Medical)
- Beiersdorf Aktiengesellschaft
- Smith & Nephew plc
- Cardinal Health Inc.
- ConvaTec, Inc.
- Medline Industries, Inc.
- DYNAREX Corporation
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