In the world economic growth, the Adhesive Bandages Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Adhesive Bandages market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Adhesive Bandages market size will be further expanded, we expect that by 2024, The market size of the Adhesive Bandages will reach XXX million $.
Adhesive Bandages Market Overview
Adhesive bandages also referred to as medical plaster is a small medical dressing used for injuries that are not severe enough to require a full-size bandage. Adhesive bandages are a small, flexible sheet of material with a sticky surface on one side and non-sticky on the other. Bandages protect from friction, injuries, bacteria, and dirt and can be bought over-the-counter. The global adhesive bandages market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global adhesive bandages market is expected to witness significant growth during the forecast period, owing to rising domestic and workplace injuries.
Adhesive Bandages Market Drivers
Increasing the incidence of work-related and sports injuries is expected to drive growth of the global adhesive bandages market during the forecast period. According to the Centers for Disease Control and Prevention (CDC), around 8.6 million sports and recreation-associated injuries are reported each year in the U.S. Moreover, according to the U.S. Bureau of Labor Statistics, in 2018, around 5,250 fatal work-related injuries were reported. Adhesive bandages are used as a part of first-aid in these injuries and hence, these factors are expected to drive growth of the global adhesive bandages market during the forecast period. Furthermore, rising geriatric population worldwide is expected to boost the global adhesive bandages market growth over forecast period.
Adhesive Bandages Market Restraint
Availability better substitutes and allergies of adhesive bandages to certain populations are expected to hinder the global adhesive bandages market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global adhesive bandages market during the forecast period. This is owing to rising geriatric population across the region. Moreover, Asia Pacific is expected to register a lucrative growth rate over the forecast period, owing to the presence of a larger patient pool with higher injury incidence rate in the region.
Competitive Section
Major companies operating in the global adhesive bandages market are Johnson & Johnson, HaiNuo, Beiersdorf, B. Braun Melsungen AG, 3M, Acelity, Medline Industries, Lohmann & Rauscher, Smith & Nephew, ConvaTec, Yunnan Baiyao, and Medtronic.
Key players in the market are focused on product launches, in order to enhance the market presence. For instance, in August 2017, 3M launched its portfolio of healthcare products at Tech Connect.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
✧ Johnson & Johnson
✧ Beiersdorf
✧ 3M
✧ Medline Industries
✧ Smith & Nephew
✧ Yunnan Baiyao
✧ Medtronic
✧ ConvaTec
✧ Lohmann & Rauscher
✧ Acelity
✧ B. Braun Melsungen AG
✧ HaiNuo
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:
✧ Flexible Fabric Bandage
✧ Cohesive Fixation Bandage
Industry Segmentation:
✧ Aged 0-18 Years
✧ Aged 18-40 Years
✧ Aged 40-60 Years
✧ Over Aged 60 years
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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