Bandages Market, by Product Type (Gauze, Adhesive, Cohesive, Elastic, and Others), by Application (Surgical Treatment, Traumatic & Laceration Injury Treatment, Sport & Burn Injury Treatment, Ulcer Treatment, and Others) by End User (Hospital, Clinics, Ambulatory Surgical Centers, and Homecare) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -Size, Share, Outlook, and Opportunity Analysis, 2019–2026

  • To Be Published : Jun 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Bandage is a strip of woven material used to bind up the wound and protect the injured part of the body. The main function of bandages is to provide support to the dressing placed on to a particular part of the body to restrict the movement of that part which further leads to reduction in pain or swelling. Bandages are available in a wide range of types, from generic cloth strips to specialized shaped bandages, which are designed for a specific limb or part of the body.

Bandages Market- Dynamics

The market of medical bandages is expected to grow at a significant pace owing to growing number of surgical procedures and increase in medical causalities. According to Journal of Diabetes Research, in 2018, global prevalence of diabetes developing the lifetime risk of person with foot ulcer is 25%.  This is expected to propel demand for advanced wound care products or bandages which provide relief after treatment of a fresh or moist wound.

The innovations by key players in bandages which are used for covering up the cuts and scrapes, is another factor that is expected to boost the market growth. For instance, in 2017, Johnson & Johnson innovated Skin-Flex, a new BAND-AID brand bandage that stay on for 24 hours. One of the properties of this bandage is that it dries instantly and also stays on for 24 hours, even after exposure to water during hand washing.

Furthermore, approvals from regulatory bodies is expected to propel the bandages market growth. For instance, in February 2019, Axiostat, a wound care product developed in India by Axio Biosolutions, received U.S. Food and Drug Administration approval. The bandage is designed to stop uncontrolled bleeding from wounds.

Moreover, increasing incidence of chronic diseases such as diabetic ulcers, pressure ulcers, and rising geriatric population are factors driving the bandages market. According to the American Burn Association (ABA), in 2016, 486,000 burn injuries received the medical treatment in the US. The prevalence of burn cases in addition to the burden of surgeries and trauma cases are expected to drive growth of the bandages market throughout the forecast period.

Rising awareness of advance wound care products, which serve as an alternative to bandages, may restrain growth of the global bandages market. Advanced wound care products are able to effectively reduce the time of wound healing which may hinder demand in the bandages market.

Bandages Market- Regional Dynamics

Regional segmentation of the global bandages market includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global bandages market over the forecast period, owing to a rising number of orthopedic procedures being carried out in the U.S. In 2018, the global bandages market was dominated by North America due to increasing incidence of chronic wounds, reimbursement policies, and increasing geriatric population.

Moreover, key players in the global bandages market are engaged in business strategies such as partnerships and product development such as new wound dressing for treatment of chronic and non-chronic wounds ranging from diabetic foot and pressure ulcers, venous leg ulcers, to trauma wounds and surgical wounds. For instance, on December 2017, Navamedic ASA announced that it has entered into an agreement with Chemviron Carbon Ltd. for the launch and commercialization of Zorflex, a 100% activated carbon wound contact dressing which helps to accelerate the treatment of chronic and non-chronic wounds.

Asia Pacific is projected to be the fastest growing market over the forecast period due to the presence of key players and healthcare organizations in the region, as well as the rise in geriatric and diabetes prone population.

Bandages Market- Competitive Analysis

Key players operating in the global bandages market include 3M, Medtronic, Derma Sciences Inc., Johnson and Johnson Consumer Inc., Medline Industries Inc., B. Braun Melsungen AG, Smith & Nephew, Avcor Healthcare Products, Lohmann & Rauscher and Dermarite Industries, LLC.

Bandages Market- Market Taxonomy

On the basis of product type, the global bandages market is segmented into:

  • Gauze
  • Adhesive
  • Cohesive
  • Elastic
  • Others

On the basis of applications, the global bandages market is segmented into:

  • Surgical Treatment
  • Traumatic and Laceration Injury Treatment
  • Sport and Burn Injury Treatment
  • Ulcer Treatment
  • Others

On the basis of end user, the global bandages market is segmented into:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Homecare

On the basis of region, the global bandages market is segmented into:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

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.


Smiley face

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.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

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

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.