Compression Bandages Market Size, Trends, Future Scope, Growth Drivers, By Top Companies Analysis | And Forecast 2026

Posted on Sep 22 2022 9:35 AM

"Compression Bandages Market Size, Share & Industry Analysis, By Product (Short Stretch Bandages, Long Stretch Bandages, Multilayer Compression Bandages), By Material (Polyester, Latex, Cotton, Others), By Application (Wound Management, Deep Vein Thrombosis, Lymphedema, Others), By End-user (Hospitals & Ambulatory Surgical Centers, Clinics, Nursing Care Centers & Skilled Nursing Facilities, Home Care, Others) and Regional Forecast 2019-2026"

The global “Compression Bandages Market Size" is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled " Compression Bandages Market Size, Share & Trends, 2026". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The global compression bandages market size was valued at USD 1.21 Billion in 2018 and is projected to reach USD 1.84 Billion by 2026, exhibiting a CAGR of 5.3% during the forecast period

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The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Compression Bandages Market share, types, applications, growth factor, key players and regions.

Drivers & Restraints

Venous ulcers are considered to be a common chronic disorder that, over the time, leads to venous incompetence, leucocyte plugging of the capillaries, lipodermatosclerosis, tissue hypoxia, and microvascular dysfunction if untreated. Venous leg ulcers are extremely common in the United States. There is also a rising incidence of venous diseases, such as DVT and venous ulcers in the European countries. According to the National Health Service (NHS), chronic venous leg ulceration has an estimated prevalence of 0.1% to 0.3% in the U.K., while the disease affected 0.1% of the population in France in 2016.

Rising Prevalence of Diabetes and Obesity to Drive Market

Compression bandages are stretchable in nature and are often used as the first line of treatment for many medical conditions such as trauma, ischemic ulcers, venous leg ulcers, wound management, lymphedema, and others. The rise in number of such incidences is a major factor propelling the global market.

The American Diabetes Association (ADA) estimated about 1.5 million people to be diagnosed with diabetic foot ulcer annually. Hence, the rising prevalence of diabetes and obesity are considered major growth drivers for the market.

Key Players:

  • Essity (BSN medical GmbH)
  • Paul Hartmann AG
  • Smith & Nephew plc
  • Mölnlycke Health Care AB
  • Lohmann & Rauscher GmbH & Co. KG
  • B. Braun Melsungen AG
  • 3M
  • Cardinal Health
  • ConvaTec Group PLC
  • Other Prominent Players

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COVID-19 Outbreak Impact Analysis on Compression Bandages Market

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

The COVID-19 outbreak has spawned widespread economic distress and uncertainty, with many industries, markets, and businesses undergoing tremendous stress. However, together, the global community can tide over these challenging times and at Fortune Business Insights™, we aim to provide precise market intelligence through extensive and intensive research into the impact of this pandemic on various businesses.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry.

To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Compression Bandages Market Introduction, Overview, and In-depth industry analysis:

  • Top key players with their business strategy, sales volume, and revenue analysis
  • Latest technological developments
  • Robust facts and factors research methodology
  • Regional analysis with graphical representation of size, share & trends
  • Market trends, obstacles and growth drivers
  • Includes list of table & figures

Highlights of the Compression Bandages Market Report:

  • Market Development: Comprehensive information about emerging industry. This report analyses for various segments across geographies
  • Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the industry.
  • Market Diversification: Exhaustive information about new launching, untapped geographies, recent developments, and investments in the market 

Major table of contents:

  • Compression Bandages Market Introduction and Market Overview
  • Research Regions
  • Research Scope and Market Size Estimation
  • Industry Trends
  • Drivers
  • Future Challenges
  • Market Restraints
  • Market Segmentation
  • Research Methodology
  • Market Dynamics
  • Compression Bandages Market Development Trends under COVID-19 Outbreak
  • Global Revenue and Growth Rate
  • Industry News and Policies by Regions
  • Concentration Ratio and Market Maturity Analysis
  • Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • PEST Analysis
  • Applications

TOC Continued………

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