Press release
Adhesive Bandages Market: Medicated Bandages Segment Anticipated to Clock Staggering 88 percent Share
Though scrapes, shallow cuts and abrasions may be minor in the realm of workplace injuries, they are tended to instantaneously. The use of waterproof adhesive bandages made from sheer strips, flexible woven fabric and heavyweight bandages for optimum potency which will not tear has become prevalent. These excerpts draw resemblance from the report titled, “Adhesive Bandages Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” which has been of late incorporated in the extensive repository of Market Research Hub (MRH). According to National Safety Council, over 7.7 million injuries were attributed to sports and recreational activities in the emergency departments of the U.S. hospital. Surge in the injury cases globally owing to sports & recreational activities, adventurism and road accidents has fueled the growth of the adhesive bandages market.The adhesive bandage has the history of shielding the wound and scab from bacteria, friction, damage and dirt, thereby assuaging the healing process of the body. As such, medicated bandages segment is anticipated to clock staggering 88 percent share by 2026-end. The dominance of medicated bandage could be associated to the emergence of novel products such as butterfly stitches and its capability of healing wounds faster. With e-commerce being in vogue, it aspires to rule the distribution channel of adhesives bandages. The attractive cash back offers, better discount and convenience are slated to help the e-commerce segment grow at a CAGR of over 3 percent during the forecast period.
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Adhesive Bandages Market: Report Content
The report offers a robust assessment on the adhesive bandages market which is propelled by quantitative and qualitative analysis. In addition, the report focuses on the situation in the market that have significant influence on the development of the Adhesive bandages market, including drivers, trends, opportunities, restraints. The report also delineates segmentation of the market to provide a thorough analysis of the adhesive bandages market.
The report incorporates executive summary followed by overview section which showcase a coherent assessment of the adhesive bandages market. Moreover, the market overview section peruses on PESTLE analysis to provide a thorough analysis on the adhesive bandages market. Furthermore, the overview section also delves into Porters’ Five Force analysis which historically help in assessing competitive landscape with respect to adhesive bandages market.
The coherent assessment of competitive scenario of the adhesive bandages market is propelled by assessment of Porters’ Five Force Analysis. Moreover, the Porters’ Five Force Analysis throws light on the feasible strategies of the major players who are active in the adhesive bandages market. Meanwhile, the report also shed light on SWOT analysis, company profile, product portfolio, recent development and key differentiation.
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Adhesive Bandages Market: Research Methodology
Primary sources and secondary sources have been applied to offer a judicious assessment on adhesive bandages market. The secondary research incorporates trade journals, EC filing, resourceful database and Factiva. Furthermore, the report banks on primary research, including genuine assessment from experts, veracious and unbiased insights from seasoned analyst, surveys and telephonic interview. The report also peruses into absolute dollar opportunity analysis and Y-o-Y projections to provide a deep dive analysis of the market.
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