Plaster Bandagas Market Share, Demand Analysis, Growth, Trends and Forecast - 2028

The global plaster bandagas market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028).

A plaster bandage is a gauze bandage impregnated with plaster of Paris and applied moist to make a rigid dressing for a fracture or diseased joint. The rise in road traffic accidents is anticipated to drive the growth of the market. For instance, According to the data published by World Health Organization in 2021, road traffic injuries are the leading cause of mortalities in children and young adults aged 5-29 years and about 73.0% of all road traffic injuries occur among young males under the age of 25 years. Approximately 1.3 million mortalities occur annually as a result of road traffic crashes. More than 90.0% of the world's fatalities on the roads occur in low - and middle-income countries. Moreover, an estimated 20 million - 50 million people suffer from non-fatal injuries, with many incurring a disability as a result of their injury. Thus, the rising prevalence of road traffic accidents is anticipated to fuel the demand for the global plaster bandagas market.

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The rise in the prevalence of burn injuries is anticipated to drive the growth of the global plaster bandagas market. According to the study presented at the annual meeting of the American Academy of Pediatrics in 2021, the researchers observed a 48.6% increase in the total number of children with a burn injury in 2020, as compared to 2019. The proportion of children sustaining flame burns increased significantly to 21.6% in 2020 from 19.1% in 2019. According to the study, 94.0% of the burns were explained by unintentional injury and the largest difference in burn injuries between the two cohorts was seen for school-aged children. Thus, the rising prevalence of burn injuries is projected to fuel the demand for the global plaster bandage market.

The rise in the prevalence of hip fractures is anticipated to drive the growth of the global plaster bandagas market. According to the data published by National Center for Biotechnology, the number of hip fractures in the US is anticipated to reach 8,40,000 by 2040. The population aged 65 years and above is projected to more than double by 2050 increasing from 39 million to 89 million. Further, the NCBI estimated that 1 in 3 women and 1 in 12 men will sustain a hip fracture at least once in a life time.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- BSN Medical GmbH, Johnson & Johnson Services Inc., and Smith & Nephew Plc among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Plaster Bandagas Market Report by Segment

By Type
• Holding Plaster
• Plaster splint
• Plaster Casts
• Plaster Torso
• Special Types of Gypsum

By Application
• Upper Limb and Lower Limb Leg Fractures
• The Swelling Parts
• Limbs and Legs
• Fixed Torso
• Congenital Hip Dislocation

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This release was published on openPR.