Pressure Bandages Market Synopsis:
Pressure Bandages Market Size Was Valued at USD 224.80 Million in 2023, and is Projected to Reach USD 308.79 Million by 2032, Growing at a CAGR of 3.59% From 2024-2032
The market for pressure bandages is related to this industry which deals with the provision of bandage products that apply a required measure of pressure on the affected areas such as wounds or injuries. These bandages are mainly employed to control bleeding and inflammation besides helping to support damaged cells which are in the flesh and bones more often used in medicine, sporting activities and surgery. It is predominantly made of elastic or gauze material or even non-woven fabrics in order to enhance the compression rate for the patient.
The global pressure bandages market is expected to experience growth based on the increasing incidence of sport injuries and the need for improved wound care. With increased number of people engaging in sporting activities or outdoor activities, there is increased call for effective compression therapies for conditions like sprains, strains and bruises. This pattern is especially honored in geographical areas with escalating sports lovers and better health care nearby.
Furthermore, increased healthcare facility developments across the world particularly in the growth countries drives the demand for the pressure bandages. As the people become more aware of their health care needs, more people are treating minor injuries at home which in turn will require easy accessible wound care products. The consumers in the ageing group who are more susceptible to contract chronic ulcers and require care after surgery also drives the market.
Pressure Bandages Market Trend Analysis
Growing preference for advanced materials
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Another trend of the pressure bandages market is an increase in demand for better materials that make the bandages more comfortable to wear, absorb sweat and have antimicrobial properties. Consumer pull factors are changes in non-woven and elastic bandages flexibility as well as better skin protection than previous models. Another innovating trend which is being embraced within the developing pressure bandages is the incorporation of technologies such as the pressure sensors for application pressure and progress in healing.
- Another trend which is noteworthy is the gradual transition to the use of Internet resources in the purchase of goods, including pressure bandages. E-commerce helps consumers and healthcare providers get as many pressure bandages as they need at good prices and with delivery straight to the consumer’s or provider’s residence or clinic. Such convenience and accessibility are still presumed to uphold a steady growth pattern within the market.
Manufacturers to expand their product offerings by focusing on the customization of pressure bandages
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However, there is a large opportunity for the Manufacturers to increase product range by concentrating on the type of pressure bandages. For example, when patient requirements are increased, specialty pressure bandages designed to be used for particular diseases including burn and diabetes ulcers will be more popular in the market. The possible innovation here is that inherent in the enhancement of material technology we have the opportunity of creating bandages that allow for varying degree of pressure required to be applied on a part of the body to ensure that the patients get a better feel and shorter recovery period.
- The other idea is that Steadymed can develop higher pressure bandage market in developing countries as the demand for medical supplies increases. Thus, an increase in the demand of appropriate and cost-effective methods of wound care as health care systems in these areas become more developed. Local production and supply may serve as a cheaper strategy at the same time increase market access. More so, partnership with healthcare, and hospitals in new economy markets could also help in improving brand identity and product availability.
Pressure Bandages Market Segment Analysis:
Pressure Bandages Market is Segmented on the basis of Product Type, Application, End User, and Region.
By Product Type, Elastic Bandages segment is expected to dominate the market during the forecast period
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The pressure bandages market has been classified based on product type into many categories such as elastic bandages, gauze bandages, non-woven bandages and others. Stretch bandages are often popular in use because they can be used to apply graduated pressure to afflicted or inflamed areas. Wound dressings – gauze bandages are most commonly used for the dressing of the wounds as it is usable, soft and effectively absorbent. Non-woven bandages are popular for their strength and softness Moreover, as materials consist of synthetic fibers, it allows for provision of good breathability. The “others” category labelled various subtypes of bandage aimed at different specific medical purposes, for example adhesive or cohesive bandages which are commonly used in surgeries or for attaching the dressing; This means that each product type is unique in it’s ability to meet patient needs, ranging from simple wound care, to more elaborate injury care.
By Application, Wound Care segment expected to held the largest share
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The pressure bandages market is also segmented based on the application which includes Wound Care, Sports Injuries, Post-Surgical, Burns & Others. Wound management is one of the general uses because pressure bandages are applied on various types of wounds, such as cuts, abrasions, and ulcers while at the same time promoting healing and restricting blood flow. SUPPORTAGE: In sports injuries, pressure bandage is used in cases of sprains, strains and any muscle injury since it reduces swelling and supports the affected area. Another important area is post-surgery another vital utilization of pressure bandages in the treatment process as they help in wound care that is offered after surgery in order to prevent various complications, and promote healing. Which is essential for thermal injuries the pressure bandages are used to prevent infection and to minimize scaring of the wound. The others section involves other related applications of the pressure therapy in other medical conditions such as diabetic foot care, venous leg ulceration and other medical Conditions. Both the applications also cater to the necessity of efficient solutions for individual classes of injuries and diseases.
Pressure Bandages Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
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The largest consumption region is North America, owing to well-developed healthcare systems and high levels of awareness of wound care products. The rising incidences of chronic ailments and an already established sports nation culture support the steady demand pressures bandages in North America. Besides, there is huge spending on health care in the region thus favoring growth of markets such as medical supply.
- This is further complemented by the fact that key suppliers and extensively distributed channel networks exist in North America as well. They include; government healthcare schemes and medical insurance which widens access to pressure bandages products. They have continued to invest in research and development hence there are prospects of North America retaining its positions globally.
Active Key Players in the Pressure Bandages Market:
- 3M Company (United States)
- Baxter International Inc. (United States)
- BSN Medical (Germany)
- Cardinal Health (United States)
- Convatec Group (United Kingdom)
- HARTMANN GROUP (Germany)
- Johnson & Johnson (United States)
- Medtronic (Ireland)
- Mölnlycke Health Care (Sweden)
- Smith & Nephew (United Kingdom)
- Other Active Players
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Pressure Bandages Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 224.80 Million |
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Forecast Period 2024-32 CAGR: |
3.59 % |
Market Size in 2032: |
USD 308.79 Million |
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Segments Covered: |
By Product Type |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Industry Dynamics and Opportunity Analysis
3.1.1 Growth Drivers
3.1.2 Limiting Factors
3.1.3 Growth Opportunities
3.1.4 Challenges and Risks
3.2 Market Trend Analysis
3.3 Strategic Pestle Overview
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Mapping
3.6 Regulatory Framework
3.7 Princing Trend Analysis
3.8 Patent Analysis
3.9 Technology Evolution
3.10 Investment Pockets
3.11 Import-Export Analysis
Chapter 4: Pressure Bandages Market by Product Type
4.1 Pressure Bandages Market Snapshot and Growth Engine
4.2 Pressure Bandages Market Overview
4.3 Elastic Bandages
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Elastic Bandages: Geographic Segmentation Analysis
4.4 Gauze Bandages
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Gauze Bandages: Geographic Segmentation Analysis
4.5 Non-woven Bandages
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Non-woven Bandages: Geographic Segmentation Analysis
4.6 Others
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Others: Geographic Segmentation Analysis
Chapter 5: Pressure Bandages Market by Application
5.1 Pressure Bandages Market Snapshot and Growth Engine
5.2 Pressure Bandages Market Overview
5.3 Wound Care
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Wound Care: Geographic Segmentation Analysis
5.4 Sports Injuries
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Sports Injuries: Geographic Segmentation Analysis
5.5 Post-surgical Care
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Post-surgical Care: Geographic Segmentation Analysis
5.6 Burn Care
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Burn Care: Geographic Segmentation Analysis
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Others: Geographic Segmentation Analysis
Chapter 6: Pressure Bandages Market by End User
6.1 Pressure Bandages Market Snapshot and Growth Engine
6.2 Pressure Bandages Market Overview
6.3 Hospitals
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Hospitals: Geographic Segmentation Analysis
6.4 Clinics
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Clinics: Geographic Segmentation Analysis
6.5 Home Care Settings
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Home Care Settings: Geographic Segmentation Analysis
6.6 Ambulatory Surgical Centers
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Ambulatory Surgical Centers: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Pressure Bandages Market Share by Manufacturer (2023)
7.1.3 Concentration Ratio(CR5)
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 3M COMPANY (UNITED STATES)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.3 BAXTER INTERNATIONAL INC. (UNITED STATES)
7.4 BSN MEDICAL (GERMANY)
7.5 CARDINAL HEALTH (UNITED STATES)
7.6 CONVATEC GROUP (UNITED KINGDOM)
7.7 HARTMANN GROUP (GERMANY)
7.8 JOHNSON & JOHNSON (UNITED STATES)
7.9 MEDTRONIC (IRELAND)
7.10 MÖLNLYCKE HEALTH CARE (SWEDEN)
7.11 SMITH & NEPHEW (UNITED KINGDOM)
7.12 OTHER ACTIVE PLAYERS
Chapter 8: Global Pressure Bandages Market By Region
8.1 Overview
8.2. North America Pressure Bandages Market
8.2.1 Historic and Forecasted Market Size by Segments
8.2.2 Historic and Forecasted Market Size By Product Type
8.2.2.1 Elastic Bandages
8.2.2.2 Gauze Bandages
8.2.2.3 Non-woven Bandages
8.2.2.4 Others
8.2.3 Historic and Forecasted Market Size By Application
8.2.3.1 Wound Care
8.2.3.2 Sports Injuries
8.2.3.3 Post-surgical Care
8.2.3.4 Burn Care
8.2.3.5 Others
8.2.4 Historic and Forecasted Market Size By End User
8.2.4.1 Hospitals
8.2.4.2 Clinics
8.2.4.3 Home Care Settings
8.2.4.4 Ambulatory Surgical Centers
8.2.5 Historic and Forecast Market Size by Country
8.2.5.1 US
8.2.5.2 Canada
8.2.5.3 Mexico
8.3. Eastern Europe Pressure Bandages Market
8.3.1 Historic and Forecasted Market Size by Segments
8.3.2 Historic and Forecasted Market Size By Product Type
8.3.2.1 Elastic Bandages
8.3.2.2 Gauze Bandages
8.3.2.3 Non-woven Bandages
8.3.2.4 Others
8.3.3 Historic and Forecasted Market Size By Application
8.3.3.1 Wound Care
8.3.3.2 Sports Injuries
8.3.3.3 Post-surgical Care
8.3.3.4 Burn Care
8.3.3.5 Others
8.3.4 Historic and Forecasted Market Size By End User
8.3.4.1 Hospitals
8.3.4.2 Clinics
8.3.4.3 Home Care Settings
8.3.4.4 Ambulatory Surgical Centers
8.3.5 Historic and Forecast Market Size by Country
8.3.5.1 Bulgaria
8.3.5.2 The Czech Republic
8.3.5.3 Hungary
8.3.5.4 Poland
8.3.5.5 Romania
8.3.5.6 Rest of Eastern Europe
8.4. Western Europe Pressure Bandages Market
8.4.1 Historic and Forecasted Market Size by Segments
8.4.2 Historic and Forecasted Market Size By Product Type
8.4.2.1 Elastic Bandages
8.4.2.2 Gauze Bandages
8.4.2.3 Non-woven Bandages
8.4.2.4 Others
8.4.3 Historic and Forecasted Market Size By Application
8.4.3.1 Wound Care
8.4.3.2 Sports Injuries
8.4.3.3 Post-surgical Care
8.4.3.4 Burn Care
8.4.3.5 Others
8.4.4 Historic and Forecasted Market Size By End User
8.4.4.1 Hospitals
8.4.4.2 Clinics
8.4.4.3 Home Care Settings
8.4.4.4 Ambulatory Surgical Centers
8.4.5 Historic and Forecast Market Size by Country
8.4.5.1 Germany
8.4.5.2 UK
8.4.5.3 France
8.4.5.4 Netherlands
8.4.5.5 Italy
8.4.5.6 Russia
8.4.5.7 Spain
8.4.5.8 Rest of Western Europe
8.5. Asia Pacific Pressure Bandages Market
8.5.1 Historic and Forecasted Market Size by Segments
8.5.2 Historic and Forecasted Market Size By Product Type
8.5.2.1 Elastic Bandages
8.5.2.2 Gauze Bandages
8.5.2.3 Non-woven Bandages
8.5.2.4 Others
8.5.3 Historic and Forecasted Market Size By Application
8.5.3.1 Wound Care
8.5.3.2 Sports Injuries
8.5.3.3 Post-surgical Care
8.5.3.4 Burn Care
8.5.3.5 Others
8.5.4 Historic and Forecasted Market Size By End User
8.5.4.1 Hospitals
8.5.4.2 Clinics
8.5.4.3 Home Care Settings
8.5.4.4 Ambulatory Surgical Centers
8.5.5 Historic and Forecast Market Size by Country
8.5.5.1 China
8.5.5.2 India
8.5.5.3 Japan
8.5.5.4 South Korea
8.5.5.5 Malaysia
8.5.5.6 Thailand
8.5.5.7 Vietnam
8.5.5.8 The Philippines
8.5.5.9 Australia
8.5.5.10 New Zealand
8.5.5.11 Rest of APAC
8.6. Middle East & Africa Pressure Bandages Market
8.6.1 Historic and Forecasted Market Size by Segments
8.6.2 Historic and Forecasted Market Size By Product Type
8.6.2.1 Elastic Bandages
8.6.2.2 Gauze Bandages
8.6.2.3 Non-woven Bandages
8.6.2.4 Others
8.6.3 Historic and Forecasted Market Size By Application
8.6.3.1 Wound Care
8.6.3.2 Sports Injuries
8.6.3.3 Post-surgical Care
8.6.3.4 Burn Care
8.6.3.5 Others
8.6.4 Historic and Forecasted Market Size By End User
8.6.4.1 Hospitals
8.6.4.2 Clinics
8.6.4.3 Home Care Settings
8.6.4.4 Ambulatory Surgical Centers
8.6.5 Historic and Forecast Market Size by Country
8.6.5.1 Turkey
8.6.5.2 Bahrain
8.6.5.3 Kuwait
8.6.5.4 Saudi Arabia
8.6.5.5 Qatar
8.6.5.6 UAE
8.6.5.7 Israel
8.6.5.8 South Africa
8.7. South America Pressure Bandages Market
8.7.1 Historic and Forecasted Market Size by Segments
8.7.2 Historic and Forecasted Market Size By Product Type
8.7.2.1 Elastic Bandages
8.7.2.2 Gauze Bandages
8.7.2.3 Non-woven Bandages
8.7.2.4 Others
8.7.3 Historic and Forecasted Market Size By Application
8.7.3.1 Wound Care
8.7.3.2 Sports Injuries
8.7.3.3 Post-surgical Care
8.7.3.4 Burn Care
8.7.3.5 Others
8.7.4 Historic and Forecasted Market Size By End User
8.7.4.1 Hospitals
8.7.4.2 Clinics
8.7.4.3 Home Care Settings
8.7.4.4 Ambulatory Surgical Centers
8.7.5 Historic and Forecast Market Size by Country
8.7.5.1 Brazil
8.7.5.2 Argentina
8.7.5.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Pressure Bandages Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 224.80 Million |
|
Forecast Period 2024-32 CAGR: |
3.59 % |
Market Size in 2032: |
USD 308.79 Million |
|
Segments Covered: |
By Product Type |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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