Gauze Bandage Rolls Market Revenue, Opportunity, Forecast and Value Chain 2018-2028
Regulation of Gauze Bandage Rolls
Gauze bandage rolls for dressings and other applications are intended for the use in medical, surgical, veterinary and dental purposes. These products are supplied by direct sales to end-use customers including, hospitals, private person, or other sectors. Various guidelines have been implemented by the Federal Food, Drug, and Cosmetic Act (FFDCA), National Formulary (NF), and United States Pharmacopeia (USP) for determining strength, quality, and purity of gauze bandage rolls, along with its packaging and labelling. Both surgical as well as medical dressings that use gauze bandage rolls must fall in the criteria of USP, which includes absorbency, material content, width, weight, thread count, solubility, adhesive strength, fiber length, tensile strength, alcohol soluble dyes, acidity or alkalinity, packaging, labelling, and storage, to help in classification of these gauze bandage rolls.
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Factors Gardening the Growth of Gauze Bandage Rolls Market
The growth of the global gauze bandage rolls market is mainly driven by increasing number of surgical procedures on the global level. As exemplified by the estimates of the National Center of Health Statistics, nearly 48 million surgical inpatient procedures were performed in the U.S. alone in 2009, which tend to increase with time and population. The musculoskeletal surgical procedure is most common, with nearly 5.2 million followed by skin surgeries nearly 1.4 million in 2009. In addition, factors such as increased incidence of chronic wounds, and increased life expectancy are also driving the growth of the gauze bandage rolls market. With increasing technological advancements in terms of delivering a novel and applicable therapies/products to upsurge the average lifespan of an individual is expected to provide a momentum in the growth of the gauze bandage rolls market. For instance, according to the estimates of the World Health Organization (WHO), the average life expectancy on the global level has increased by 5 years and tends to drive the growth of the gauze bandage rolls market. However, the growth of the market can be hampered by availability of alternative products, such as advanced wound care products, and complexity concerns related to shredding and adhesiveness of gauge bandage rolls.
Gauze Bandage Rolls in Institutional Sales
In terms of value, institutional sale holds a large market share. However, the ongoing trend of increasing online sale and logistics services is anticipated to dominate institutional sale over the forecast period. In terms of consumption/volume of gauze bandage rolls, the hospitals end-use segment holds a large market share, followed by ambulatory surgical centers owing to the increasing number of emergency chronic cases, and surgical procedures.
Regional Market Outlook
On the basis of geography, the global gauze bandage rolls market is segmented into eight key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan & China, Japan, China, and the Middle East & Africa. The gauze bandage rolls market in North America is expected to have a significant share over the forecast period, followed by Western Europe owing to the increasing number of chronic cases, increasing geriatric population, rising awareness among individuals regarding wound infections and diseases. However, ease of availability of advanced wound care products in this region may have a negative impact regarding the growth of the gauze bandage market in these regions. The market in the Asia Pacific excluding Japan & China is anticipated to grow with a high CAGR over the forecast period owing to the increasing number of hospitals in countries such as India, availability of proper reimbursement policies and insurance coverage. Japan is considered as a mature market for gauze bandage rolls, and China shows lucrative opportunities for manufacturers owing to improving medical facilities, growing elderly population, and presence of a large population base. However, the markets in Latin America, Eastern Europe, and the Middle East & Africa are expected to show steady growth over the forecast period.
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Examples of some of the players identified in the global gauze bandage rolls market are Dynarex Corporation, Medtronic plc, BSN medical GmbH, Cardinal Health, Medline Industries, Inc., Lohmann & Rauscher International GmbH & Co. KG, O-Two Medical Technologies Inc. , TROGE MEDICAL GmbH , PREVIS S.r.l., Tenko Corporation Group, AKLA AB, Neomedic Limited, Integrity Medical Devices, RAYS S.P.A., Kuteks AS., Phyto Performance Italia S.R.L, Fazzini, and McKesson Medical-Surgical Inc. Players in the gauze bandage rolls market comprise both international as well as domestic players. However, the sale of gauze bandage rolls are totally dependent on surgical procedures and wound injuries, and the gauze bandage rolls market has witnessed least technological advancements in the recent years.
Key data points covered in report
The report covers exhaustive analysis on:
The Gauze Bandage Rolls Market by Material Type, Ply Type, Sterility Type, Woven Type, and Distribution Channel
Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan & China, Japan, China, and Middle East & Africa by Material Type, Ply Type, Sterility Type, Woven Type, Distribution Channel, and Country
Gauze Bandage Rolls Market Dynamics & Opportunity Assessment
Historical Actual Market Size, 2013 - 2017
Gauze Bandage Rolls Market Size & Forecast 2018 - 2028
Gauze Bandage Rolls Current Trends/Issues/Challenges
Competition & Companies involved
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