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Pressure Bandages Market

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Pressure bandages is an important first-aid technique used in the medical settings after a serious injury to assist healing.
Pressure Bandages Market, by Product Type, Compression
Pressure, Material, Application, End User and by
Geography - Trends and Forecast to 2025
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.
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Market Dynamics
The major factors driving growth of the pressure bandages market include rising geriatric
population, rising surgical cases, and increasing incidence of chronic wounds. According to the
Cleveland Clinic Foundation, 2017, the prevalence of leg ulceration is approximately one to two
percent higher in the older adult population with a peak prevalence is between 60-80 years.
Moreover, the rising adoption of pressure bandages in ambulatory surgical centers and home
care settings due to easy usage contributes to the accelerated demand for pressure bandages
over the forecast period. However, the limited reusability option of the bandages and the
adoption of advanced and alternative wound care products such as medical adhesives and tapes
are the factors restraining pressure bandage market growth.
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.
Report includes chapters which deeply display the following deliverable about industry :
• Pressure Bandages Market Research Objective and Assumption
• Pressure Bandages Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Pressure Bandages Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Pressure Bandages Market, By Regions
• Pressure Bandages Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Pressure Bandages Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Pressure Bandages Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Pressure Bandages Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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Major Players
•
Medtronic Plc
•
Smith & Nephew
•
3M
•
ConvaTec Inc.
•
Cardinal Health, Inc.
•
Johnson & Johnson
•
Nitto Denko Corporation
•
Persys Medical
•
Tytek Medical
•
BSN Medical
Detailed Segmentation:
• Global Pressure Bandages Market, By Product Type:
• Long Stretch or Elastic Bandages
• Multi-component Multilayer Bandage Systems
• Short Stretch or Low-elasticity Bandages
• Global Pressure Bandages Market, By Compression Pressure:
• Light Compression Bandages
• Moderate Compression Bandages
• High Compression Bandages
• Global Pressure Bandages Market, By Material:
• Cotton Fabric
• Latex Free
• Polymer
• Other (Elastic Fiber)
• Global Pressure Bandages Market, By Application:
• Leg Ulcer
• Deep Vein Thrombosis
• Surgery
• Trauma Injury
• Others (Edema, Swellings, Sprains, Lymphedema)
• Global Pressure Bandages Market, By End User:
• Hospitals
• Ambulatory Surgical Centers
• Research & Academic institutes
• Home Care Settings
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge390   documents Email
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Category
Health and Medicine
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pressure, Global Pressure Bandages Market
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