Adhesive Bandages Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Adhesive bandages are sticking plaster that are used to treat injuries. The bandage protects the wound from bacteria, damage, friction, and dirt, thus preventing infections. Some of the adhesive bandages possess antiseptic properties that enhances the healing process. Adhesive bandage is a small sheet made up of fabric, plastic (PVC, polyethylene or polyurethane), or latex strip. Depending on the material used, it might be waterproof or airtight. The adhesive bandage possesses an absorbent pad that is made up of cotton. The absorbent pad contains antiseptic solution and other medicinal ingredients. Some of the absorbent pad are composed of hydrogels to absorb water from the wounds or blisters. There are different types of bandages available like transdermal patches, butterfly closures and others.

MARKET SCOPE

The "Global Adhesive Bandages Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the adhesive bandages market with detailed market segmentation by type, application, end user, and geography. The report provides key statistics on the market status of the leading adhesive bandages market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

•   Based on type, the market is segmented as fabric adhesive bandages, paper adhesive bandages, plastic adhesive bandages, transdermal patches market, butterfly closures, and waterproof adhesive bandages.
  
•   Based on application, the market is segmented as surgical wound treatment, ulcers, sports injury and other injuries.
  
•   Based on end user, the market is segmented as hospital, clinics, ambulatory surgery centers and homecare
  

MARKET DYNAMICS
Drivers:

•   The adhesive bandages market is expected to witness growth due to rising awareness for wound care, rising prevalence of ulcers, diabetic foot and surgical procedures.
  
•   Furthermore growing geriatric population, increasing accidents, sports injuries and trauma cases and advancements in wound care is thereby fueling market growth.
  

Restraints

•   Some people are allergic to these adhesive bandages due to the material used like latex, this hinders market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The adhesive bandages market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the adhesive bandages market in these regions.

IMPACT OF COVID-19 ON ADHESIVE BANDAGES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Rising support from governments and several organizations can help in the battle against this highly contagious disease. Some industries are fighting, and some are growing. Overall, almost every sector is supposed to be influenced by the pandemic. According to the University of Birmingham study, approximately 72.3% of all elective surgeries were canceled throughout COVID-19, most of which are non-cancer conditions. The COVID-19 outbreak impacted the medical bandages market, due to nationwide lockdowns, denied wound care services, canceled or postponed elective surgeries, and increasing skin injuries in COVID-19 medical care providers. Thus, the wound care market is expected to register a certain decline during the forecast period.

Adhesive Bandages Market Report Analysis

Adhesive Bandages Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Medline Indutries
• Smith & Nephew
• Cardinal Health
• 3M
• Mölnlycke Health Care AB
• Johnson & Johnson Services, Inc.
• Derma Sciences Inc.
• B. Braun Melsungen AG
• Hartmann USA, Inc.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Fabric Adhesive Bandages
• Paper Adhesive Bandages
• Plastic Adhesive Bandages
• Transdermal Patches Market
• Butterfly Closures
• Waterproof Adhesive Bandages

By Application

• Surgical Wound Treatment
• Ulcers
• Sports Injury And Other Injuries

By End user

• Hospital
• Clinics
• Ambulatory Surgery Centers And Homecare

MARKET PLAYERS

The report covers key developments in the adhesive bandages market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from adhesive bandages market are anticipated to lucrative growth opportunities in the future with the rising demand for adhesive bandages in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the adhesive bandages market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Medline Indutries
  
•   Smith & Nephew
  
•   Cardinal Health
  
•   3M
  
•   Mölnlycke Health Care AB
  
•   Johnson & Johnson Services, Inc.
  
•   Derma Sciences Inc.
  
•   B. Braun Melsungen AG
  
•   Hartmann USA, Inc.
  
•   Goldwin Medicare
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Adhesive Bandages Market Report Scope