Saudi Arabia Medical Bandages Market COVID-19 Industry Analysis, Size, Share, Key Companies Profile, CAGR and Forecast to 2026

Global Saudi Arabia medical bandages market generated $136 million in 2018, and is estimated to reach $213 million by 2026, registering a CAGR of 5.7% from 2019 to 2026.The report offers an extensive analysis of changing key market players profile, key winning strategies, top impacting factors, top investment packet, major segments, and competitive scenario.

Increase in number of sport injuries in the country, surge in geriatric population, and rise in number of accident cases in the country drive the growth of the Saudi Arabia medical bandages market. However, availability of advanced wound care products may hinder the market growth. On the other hand, better access to healthcare services and availability of improved healthcare infrastructure create new opportunities in the coming years.

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Based on product, the gauze bandage segment contributed to the largest share in 2018, accounting for nearly half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the adhesive bandage segment is expected to register the highest CAGR of 6.7% from 2019 to 2026.

Based on application, the surgical wounds segment accounted for the largest share in 2018, holding more than one-thirds of the total share, and is expected to maintain the largest share throughout the forecast period. However, the ulcers segment is estimated to portray the highest CAGR of 6.7% during the forecast period.

Based on end user, the hospitals segment contributed the highest share, accounting for nearly half of the total market share in 2018, and will maintain its dominance throughout the forecast period. However, the ambulatory surgical centers segment is expected to grow at the highest CAGR of 6.7% from 2019 to 2026.

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The Major Key Players Are:

The National Medical Products Co., Ltd., (Damad)
Dukal Corporation
Dynarex Corporation.
Medline Industries, Inc.
DeRoyal Industries, Inc.
NICHIBAN Co., Ltd., Smith & Nephew plc
The 3M Company, Medtronic plc.
Cardinal Health.
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