Pressure bandages market
Global Pressure Bandages Market, by Product Type (Long Stretch or Elastic Bandages, Multi-component Multilayer Bandage System, and Short Stretch or Low-elasticity Bandages), by Compression Pressure (Light Compression Bandages, Moderate Compression Bandages, and High Compression Bandages), by Material (Cotton Fabric, Latex Free, Polymer, and Others), by Application (Leg Ulcers, Deep Vein Thrombosis, Surgery, Trauma Injury, and Others), by End User (Hospitals, Ambulatory Surgical Centers, Research & Academic Institutes, and Home Care Settings) and by Geography - Trends and Forecast to 2025
- Feb 2018
- CMI228
- 150 Pages
- Excel & Pdf
- Medical Devices
Pressure Bandages Market – Life Savors Post Serious Injuries
Pressure bandages is an important first-aid technique used in the medical settings after a serious injury to assist healing. The pressure bandages provide compression to the injured blood vessels by facilitating blood clot formation, thereby treating rapid blood loss or hemorrhage. The pressure dressings are highly suited at stabilizing wounds on limbs. The bandages also find application in treating venomous snake bites, to avoid venom progression into the bloodstream. Pressure bandages are ideal emergency tools for severe injuries such as sports injuries and accidents.
The global pressure bandages market was valued at US$ 188.8 million in 2017 and is expected to witness a robust CAGR of 4.8% over the forecast period (2017 - 2025).
Figure 1. Global Pressure Bandages Market (US$ Mn), by Region, 2017
SOURCE: COHERENT MARKET INSIGHTS ANALYSIS (2017)
Increasing incidence of chronic leg ulcers to augment market growth
The efficient management of venous leg ulcers represent a significant clinical problem, draining the financial resources. Majority of ulcers can be treated by using moderate compression bandages. Moreover, compression bandages are commonly recommended for 2-3 days by the physiotherapists for most acute injuries to reduce pain and swelling. According to the study published by Circulation Foundation, 2015, venous disease is the underlying cause of chronic leg ulcers accounting for over two third or 80% of all leg ulcers. The study also states that the other reason for the formation of leg ulcers include arterial disease contributing to 15% of leg ulcers and diabetes, rheumatoid arthritis accounting approximately 5% leg ulcers. Thus, increasing prevalence of diseases and disorders causing leg ulcers is a major factor to increase the adoption of pressure bandages thus propelling the market growth in the region. North America dominates the pressure bandage market, owing to increasing prevalence of diabetes, presence of major market players, and higher recommendations of the pressure bandages by the doctors post injuries. According to the American Diabetes Association, 2015, around 30.3 million Americans or 9.4% of the population was diagnosed with diabetes. According to the Cleveland Clinic Foundation, an estimated 15% of diabetic population is expected to develop foot ulceration during their lifetime, where lower extremity amputations in the U.S. are preceded by a foot ulcer. Thus, the rise in diabetes inadvertently increases the risk of formation of leg ulcers, which is expected to bolster the demand of pressure bandages market. Also, wide availability of products for treating venous leg ulcers contributes to market growth of pressure bandages. For instance, Setopress, high compression bandage by Medline Industries, Inc. provides graduated high compression in the management of venous leg ulcers. Moreover, Profore and Proguide, multi-layer compression bandaging systems developed by Smith and Nephew apply sustained graduated compression for the management of venous leg ulcers and associated conditions.
Higher convenience offered by the pressure bandages to accelerate the market growth
The elastic long stretch bandages are highly extensible device. They are easy to apply and can accommodate changes in leg geometry, expansion, and contraction allowing easier movement. The bandages can sustain pressure for extended time periods and can be extended up to 140-200% as compared to short-stretch or low elastic bandages. The products available in the global market offer variety of bandaging systems designed to allow optimal management of diseases such as edema, ulcers. For instance, JOBST, a compression bandage by BSN Medical reduces swelling and stabilize the size of the limb before being measured and fit for the JOBST compression garment. Also, SurePress high compression elastic bandage by ConvaTec Inc., a reusable bandage has yellow indicator line and two rectangular extension indicators for easy application and is appropriate for a variety of leg sizes provides sustained compression. The bandage is indicated for venous leg cancers and can be used in combination with SurePress Absorbent Padding. Some of the major players operating in the global pressure bandages market include Medtronic Plc, Smith & Nephew, 3M, ConvaTec, Inc., Cardinal Health, Inc., Johnson & Johnson, Nitto Denko Corporation, Persys Medical, Tytek Medical, and BSN Medical.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Compression Type
- Market Snippet, By Material
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Epidemiology
- Key Highlights
- Regulatory Scenario
- Initiatives for Wound Management
- Alternative Wound Management Products
- Global Pressure Bandages Market, By Product Type, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017 – 2025
- Segment Trends
- Long Stretch or Elastic Bandages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Multi-component Multilayer Bandage System
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Short Stretch or Low-elasticity Bandages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Global Pressure Bandages Market, By Compression Pressure, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017 – 2025
- Segment Trends
- Light Compression Bandages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Moderate Compression Bandages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- High Compression Bandages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Global Pressure Bandages Market, By Material, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017 – 2025
- Segment Trends
- Cotton Fabric
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Latex Free
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Polymer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Other (Elastic Fiber)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Global Pressure Bandages Market, By Application, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017 – 2025
- Segment Trends
- Leg Ulcers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Deep Vein Thrombosis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Trauma Injury
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Others (Edema, Swellings, Sprains, Lymphedema)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Global Pressure Bandages Market, By End User, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2017 – 2025
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Research and Academic Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Home Care Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2025, (US$ Million)
- Global Pressure Bandages Market, By Region, 2017 – 2025, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, For Regions, 2017 – 2025
- North America
- Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Compression Pressure, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Material, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Compression Pressure, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Material, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Compression Pressure, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Material, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Compression Pressure, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Material, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Compression Pressure, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Material, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Compression Pressure, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Material, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By End User, 2017 – 2025, (US$ Million)
- Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
- South Africa
- Central Africa
- North Africa
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Smith & Nephew*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- 3M
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Medtronic Plc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- ConvaTech, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Cardinal Health, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Johnson & Johnson
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Nitto Denko Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Tytek Medical
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Persys Medical
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- BSN Medical
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 45 market data tables and 35 figures on "Pressure Bandages Market - Global forecast to 2025”.