Zinc Paste Bandage Market – Insights

Zinc Paste Bandage is an open woven bandage that is infused with zinc oxide, which is commonly used for treatment of venous leg ulcers and varicose eczema. This medicated bandage contains zinc oxide and glycerol, provides a moist wound healing environment, helps to reduce skin irritation, and soothes and protect surrounding skin. Econo-Paste is zinc paste bandage of Hartmann is used for the management of leg ulcers. Increasing the prevalence leg ulcers which drive the zinc paste bandage market growth during the forecast period.

The Zinc Paste Bandage Market was valued at US$ 1,712.0 million in 2018, and is expected to witness a CAGR of 4.7% over the forecast period (2019 – 2026).

Zinc Paste Bandage Market Share (%) Analysis, By Type, 2018

Zinc Paste Bandage  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Increasing prevalence of venous leg ulcers and venous eczema is expected to drive growth of the zinc paste bandage market

Increasing prevalence of venous leg ulcers is expected to drive the zinc paste bandage market growth during the forecast period. For instance, according to National Institute for Biotechnology Information, 2016, leg ulcers usually occur secondary to venous reflux or obstruction, but 20% of people with leg ulcers have arterial disease, with or without venous disorders. Between 1.5 and 3.0 in 1000 people have active leg ulcers and, its prevalence increases with age to about 20 in 1000 people over 80 years of age in the U.S.

According to DermNet New Zealand, 2016 report, venous eczema is a common form of venous/dermatitis that affects one or both lower legs in association with venous inefficiency. Venous eczema is commonly seen in middle-aged and elderly patients, and it reported that it affects 20% of people over 70 years of age.

Zinc Paste Bandage Market – Restraints

Growth of the zinc paste bandage market is expected to be hampered over the forecast period, owing to increasing FDA recalls. For instance in August 2018, (USFDA) food and drug administration recalled the Boot Compression Wrap under Class 2 Device Recall developed by Medline Industries Inc., due to sporadic reports of discoloration of the products, which leads to identification of common mold in the boot compression

Zinc Paste Bandage Market - Regional Insights

On the basis of region, the zinc paste bandage market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the zinc paste bandage during the forecast period owing to presence of key industry players in the region (including Hartmann USA., Smith & Nephew). Moreover, key players in the North America market are focused on development and product launches in order to expand their market position. For instance, Hartmann USA launched the Econo-Paste zinc oxide paste bandage for wound site healing, and it helps ease skin irritation and maintains moist healing.

Europe is expected to foresee rapid growth in the zinc paste bandage market during the forecast period, owing to increasing prevalence of sports related injuries. For instance, according to European Injury Data Base (IDB) 2016, annually about 4.5 million people aged 15 years and older in the EU are treated for sport injury.

Zinc Paste Bandage Market Value (US$ Mn) & Y-o-Y Growth (%), 2016-2026

Zinc Paste Bandage  | Coherent Market Insights

 Source: Coherent Market Insights Analysis (2019)

Zinc Paste Bandage Market - Competitive Landscape

Key players operating in the zinc paste bandage market include Hartman, Smith & Nephew, Medline, BSN, Lohmann & Rauscher, Urgo, KOB, Sbetter Medical, North Coast Medical, Holthaus Medical, Changzhou Hualian Health, and Changzhou Major Medical.

Zinc paste bandages are medical products that allow compression, and provide moistness to the skin. The zinc paste bandages is widely utilized by orthopedists, phlebologists, dermatologists, physiotherapists, sports medicine practitioners, general practitioners, and practitioners of alternate medicine Zinc paste bandage are available in the form of thin, transparent silk bandages, infused with zinc oxide paste.

Market Dynamics

Rising prevalence of chronic wounds, as well as increasing geriatric population is expected to boost the zinc paste bandage market growth. According to the US National Institute of Health, 2017, an estimated 6.5 million people were affected by chronic wound in the U.S. Moreover, according to the Population Reference Bureau, in 2016, 46 million in the U.S. were aged 65 and above.

High cost of zinc paste bandages is expected to hinder the market growth over the forecast period, as zinc paste bandages are single use bandages, which makes them more expensive compared to other methods of treatment.

Key features of the study:

  • This report provides in-depth analysis of the zinc paste bandage market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2019 – 2026, considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
  • It profiles key players in the zinc paste bandage market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include Hartman, Smith & Nephew, Medline, BSN, Lohmann & Rauscher, Urgo, KOB, Sbetter Medical, North Coast Medical, Holthaus Medical, Changzhou Hualian Health, and Changzhou Major Medical
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The zinc paste bandage market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for zinc paste bandage market, research and consulting firms, new entrants, and financial analysts

 Detailed Segmentation:

  • Zinc Paste Bandage Market, By Type:
    • Zinc Oxide 10%
    • Zinc Oxide 20%
    • Zinc Oxide 6%
  • Zinc Paste Bandage Market, By Application:
    • Orthopedic
    • Dermatology
      • Leg ulcers
      • Chronic eczema
      • Dermatitis
      • Burns
  • Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Type:
        • Zinc Oxide 10%
        • Zinc Oxide 20%
        • Zinc Oxide 6%
      • By Application:
        • Orthopedic
        • Dermatology
          • Leg ulcers
          • Chronic eczema
          • Dermatitis
          • Burns
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Type:
        • Zinc Oxide 10%
        • Zinc Oxide 20%
        • Zinc Oxide 6%
      • By Application:
        • Orthopedic
        • Dermatology
          • Leg ulcers
          • Chronic eczema
          • Dermatitis
          • Burns
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Type:
        • Zinc Oxide 10%
        • Zinc Oxide 20%
        • Zinc Oxide 6%
      • By Application:
        • Orthopedic
        • Dermatology
          • Leg ulcers
          • Chronic eczema
          • Dermatitis
          • Burns
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Type:
        • Zinc Oxide 10%
        • Zinc Oxide 20%
        • Zinc Oxide 6%
      • By Application:
        • Orthopedic
        • Dermatology
          • Leg ulcers
          • Chronic eczema
          • Dermatitis
          • Burns
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Type:
        • Zinc Oxide 10%
        • Zinc Oxide 20%
        • Zinc Oxide 6%
      • By Application:
        • Orthopedic
        • Dermatology
          • Leg ulcers
          • Chronic eczema
          • Dermatitis
          • Burns
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
      • By Type:
        • Zinc Oxide 10%
        • Zinc Oxide 20%
        • Zinc Oxide 6%
      • By Application:
        • Orthopedic
        • Dermatology
          • Leg ulcers
          • Chronic eczema
          • Dermatitis
          • Burns
  • Company Profiles
    • Hartman*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Smith & Nephew
    • Medline
    • BSN
    • Lohmann & Rauscher
    • Urgo
    • KOB
    • Sbetter Medical
    • North Coast Medical
    • Holthaus Medical
    • Changzhou Hualian Health
    • Changzhou Major Medical

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Regulatory Landscape
    • Product Recall
    • Epidemiology Analysis
    • Technology Overview
    • PEST Analysis
    • Porter’s Five Forces model
  4. Global Zinc Paste Bandage Market, By Type, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Zinc Oxide 10%
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Zinc Oxide 20%
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Zinc Oxide 6%
        • Introduction
        • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  5. Global Zinc Paste Bandage Market, By Application, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Orthopedic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Dermatology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
        • Leg ulcers
        • Chronic eczema
        • Dermatitis
        • Burns
    • Phlebology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  6. Global Zinc Paste Bandage Market, By Region, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • U.S.
        • Canada
    •  Europe
      • Market Size and Forecast, By Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    •  Africa
      • Market Size and Forecast, By Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  7. Competitive Landscape
    • Company Profiles
      • Hartman
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Smith & Nephew
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Medline
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • BSN
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      •  Lohmann & Rauscher
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Urgo
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • KOB
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Sbetter Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • North Coast Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Holthaus Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Changzhou Hualian Health
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Changzhou Major Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 29 market data tables and 23 figures on "Zinc Paste Bandage Market” - Global forecast to 2026”

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
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Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users