Global Gauze Bandages Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
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The Gauze Bandages Market Report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026.
The Gauze Bandages Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global gauze bandages market report has been segmented on the basis of type, application, and region.
Gauze Bandages Market Overview:
Gauze Bandages Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
A bandage is a piece of material used to cover wounds, to applying pressure for controlling bleeding, and support a medical device such as a splint.
Gauze bandages consist of suitable mesh and are available in a variety of lengths, widths, and shapes. Raw materials required for the manufacture of gauze bandages are bandage cloth, bleaching agent and washing chemicals, packing materials, and adhesives.
The majority of gauze bandages are made from cotton-based materials, and other materials used are synthetic fibers, plastic film coatings, etc.
A key driver of the global gauze bandages market is the increasing incidence of chronic wounds. In addition, the rising number of accidents, the growing geriatric population, and the increasing use of gauze bandages in dressing are other factors anticipated to propel the growth of the global gauze bandages market.
However, the low effectiveness of gauze bandages for moist wound healing and the availability of alternative products such as advanced wound care products may hinder the growth of the global gauze bandages market.
Various guidelines have been implemented by the Federal Food, Drug, and Cosmetic Act (FFDCA), National Formulary (NF), and United States Pharmacopeia (USP) for determining the strength, quality, purity of gauze bandage rolls, and their packaging along with labeling.
The gauze bandage is directly supplied to end-use customers including hospitals, clinics, etc. The ongoing trend of increasing online sales and logistics services is anticipated to boost the growth of the global gauze bandages market.
The market in North America is expected to dominate the market of global gauze bandages market, due to rising awareness among individuals regarding diseases and infections, and the increasing number of chronic wound cases in countries in this region.
The market in the Asia Pacific is expected to be an emerging market for gauze bandages, owing to the increasing number of hospitals in countries such as India, and China in countries in this region. Asia Pacific gauze bandages market is projected to register the highest CAGR in the next five years.
Global Gauze Bandages Market Segmentation:
Segmentation by type:
- Antimicrobial Gauze
- Conforming Gauze
- Impregnated Gauze
- Bordered Gauze
- Packing Gauze
- Others (sterile gauze pads, non-sterile gauze pads, stretch gauze bandages, etc.)
Segmentation by application:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate 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
- Medtronic plc.
- Johnson & Johnson Private Limited
- Smith & Nephew plc.
- Medline Industries, Inc.
- Derma Sciences Inc.
- Cardinal Health, Inc.
- Lohmann & Rauscher International GmbH & Co. KG
- Neomedic Limited
- McKesson Medical-Surgical Inc.
- Hartmann USA, Inc.
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