Zinc Paste Bandage Market to Surpass US$ 2,469.2 Million by 2026 - Coherent Market Insights

Published On : Aug 28, 2019

Zinc Paste Bandage Market, By Type (Zinc Oxide 10%, Zinc Oxide 20%, and Zinc Oxide 6%), By Application (Orthopedic, Dermatology(Leg ulcers, Chronic eczema, Dermatitis and Burns)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$  1,712.0 million in 2018, and is projected to exhibit a CAGR of 4.7% over the forecast period (2019 - 2026), as highlighted in a new report published by Coherent Market Insights.

The use of advanced material type in zinc paste bandages is expected to drive growth of the market. Three types of materials are used in zinc paste bandages which include zinc oxide 10%, zinc oxide 20%, and zinc oxide 6%. Zinc oxide 10% is widely used for treatment of venous leg ulcers and zinc oxide 10% preserved paste bandages which provide flexibility suitable for different limb sizes and shapes. For example, Smith & Nephew provide Viscopaste PB7 Zinc Paste Bandage which is indicated in the management of minor skin conditions such as eczema or dermatitis. Viscopaste PB7 bandage is made of open woven cloth impregnated with a paste containing 10% zinc oxide BP rolled onto a plastic core, and provides a moist wound-healing environment.

Additionally, increasing prevalence of eczema is expected to drive growth of the zinc paste bandage market. For instance, according to Allergy UK, a British medical charity, in 2015, around 15 million people in the U.K. had eczema. Furthermore, increasing incidence of chronic leg ulcers in the geriatric population is a major factor expected to drive growth of zinc paste bandage market. According to the Journal of Universal Surgery, in 2018, about 28% of older adults in India were suffering from chronic leg ulcers.

Browse 29 Market Data Tables and 23 Figures spread through 148 Pages and in-depth TOC on "Zinc Paste Bandage Market, By Type (Zinc Oxide 10%, Zinc Oxide 20% and Zinc Oxide 6%), By Application (Orthopedic, Dermatology (Leg ulcers, Chronic eczema, Dermatitis and Burns)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026"

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Key Takeaways of the Zinc Paste Bandage Market:

  • The zinc paste bandage market is expected to witness a CAGR of 4.7% during the forecast period (2018–2026), owing to increasing prevalence of eczema, and advancement in zinc paste bandages.
  • Among  type, the zinc oxide 10% segment is expected to account for the major revenue share over the forecast period, owing to increasing application of zinc oxide 10% in zinc paste bandage which provide flexibility to suit different limb sizes and shapes, and are primarily designed for treating venous leg ulcers
  • 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

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