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Global Adhesive Bandages Market Exhibiting a CAGR of 2% by 2022,Key Players- Johnson & Johnson, 3M, Medline Industries, Inc., Smith & Nephew, Argentum Medical, Braun Melsungen AG.

11-09-2018 03:07 PM CET | Health & Medicine

Press release from: Research Cosmos

Global Adhesive Bandages Market

Global Adhesive Bandages Market

Global Adhesive Bandages Market Overview:

An adhesive bandage which is also known as sticking bandage, is a bandage product for the treatment of wounds that is used as a small bandage. Adhesive bandages are applied to patients who have not suffered a serious accident, but have minor abrasions (scratches) and are cut in the body. The term most used by Americans to designate adhesive bandages is Band-Aid or Bandage, however, the British call them gypsum. Adhesive dressings help protect the cut or abrasion of bacteria, damage, friction and dirt and, therefore, allow a quick wound healing process. It also helps keep both ends of the skin together and, as a result, accelerate the healing process. The adhesive dressing is covered with plastic, fabric or latex tape, which has the property of adhesion. The absorbent pad medicated with antiseptic solution is also present in an adhesive dressing. Some adhesive dressings contain a thin layer of porous polymer on the medicated adsorbent pad that helps to stick them to the wound. These adhesive dressings are applied so that the medicated absorbent pad covers the wound and the dressing adheres to the nearby skin to limit the entry of germs and dirt into the wound.

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The market is expected to Register at a CAGR of 2% over the period between 2017 and 2022.

Global Adhesive Bandages Market Drivers and Restraints:

The increase in the number of leisure activities for all age groups will lead to the growth of the adhesive bandage market. Recreational activities, such as trekking, lead to multiple cuts and abrasions on the body that requires the application of adhesive bandages, which increases the demand. In addition, the increasing incidence of cuts in the kitchen during cooking will further increase the growth of the market. The aging of the population will also support the market growth as older people generally face small accidents such as falling stairs, etc. This needs the application of bandages to the wounds, which supports the growth of the adhesive bandages market. The launch of different variants of adhesive dressings, such as butterfly dots, will also trigger the growth of the adhesive dressing market.

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Global Adhesive Bandages Market Geographical Segmentation:
North America accounted for most of the global adhesive bandage market and is estimated to grow at the highest compound annual growth rate during the forecast period. This growth is attributed to the presence of a large number of manufacturers of adhesive bandages in the region. In addition, the growing number of small accidents in the region will also supplement to the growth of the adhesive bandage market. The adoption rate of various recreational activities for children by parents is high, which will help to increase the growth of the bandage market. Europe represents the second largest share in the global market of adhesive dressings due to the presence of a large geriatric population. The Asia-Pacific region was the third largest share in the market, followed by the rest of the world.

Some of the Key Players Included in this Global Adhesive Bandages Market Report are:

Johnson & Johnson, 3M, Medline Industries, Inc., Smith & Nephew, Argentum Medical, Braun Melsungen AG, ConvaTec, Inc., Kinetic Concepts, Inc are the major players of the market.

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Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

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