Market Overview:
The global medical stretch bandages market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising awareness about advanced wound care products, and growing demand for minimally invasive surgeries. Based on type, the medical stretch bandages market is segmented into cotton stretch bandage, reinforced stretch bandage, and self-closure stretch bandage. The cotton Stretch Bandages segment is expected to account for the largest share of the global medical Stretch Bandages Market in 2018. This can be attributed to its low cost and high absorbency properties. Based on application, the medical Stretch Bandages Market is segmented into hospitals, clinics, and home use segments.
Product Definition:
Medical stretch bandages are stretchable bandages that are used to provide support and compression for a variety of medical conditions. They are often used to treat injuries such as sprains, strains, and bruises. Medical stretch bandages can also be used to reduce swelling and inflammation.
Cotton Stretch Bandage:
Cotton stretch bandage is a type of elastic fabric that can be used as a dressing aid for soft tissue injuries. It helps in minimizing swelling and assists in protecting the injured area from pressure. The primary function of cotton stretch bandage is to provide long-term support to muscles, joints, and tendons by gradually stretching them over time.
Reinforced Stretch Bandage:
Reinforced stretch bandage is a type of elastic therapeutic device used to treat soft tissue injuries. It consists of two layers of fabric, the inner layer has been pre-stretchy and the outer layer has been reinforced with extra strong fibers or metal wires for more resistance. The product was initially designed for sports medicine but it's now being used in other areas such as orthopedics, therapeutics and rehabilitation along with emergency medicine due to its benefits over traditional methods.
Application Insights:
The global medical stretch bandages market is segmented on the basis of application into hospitals, clinics and other healthcare facilities, and at-home use. The hospital segment dominated the market in 2017 due to increasing cases of trauma & burns across the globe. According to WHO, around 9 out of 10 deaths occur in a hospital setting which indicates thatStretch Bandage Market is expected to have high demand among hospitals over the forecast period.
The clinic application segment was valued at USD 120 million in 2017 owing to rising awareness regarding availability of advanced products for treating various injuries including sprains, strains and fractures. Moreover, increasing number of sports-related injuries such as tennis elbow along with growing participation rates across all age groups are further estimated to boost product demand among clinics over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high awareness levels regarding wound infections are some factors responsible for its large share. In addition, the availability of advanced products and favorable reimbursement policies are anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to rising medical tourism in emerging countries, such as China, India, Singapore, Thailand and Malaysia. Moreover, increasing per capita income levels will also help boost demand for these products due to their affordability compared with Europe and North America. Rising cases of chronic diseases due to a rise in unhealthy lifestyles will also support regional expansion over next eight years (2018 To 2030).
Growth Factors:
- Increasing demand for medical stretch bandages from the healthcare sector as a result of increasing incidence of sports injuries and other medical conditions.
- Rising awareness about the benefits of medical stretch bandages among consumers, which is expected to boost demand over the forecast period.
- Technological advancements in manufacturing process of medical stretch bandages that are helping to improve their quality and performance.
- Growing popularity of preventive healthcare, which is driving consumers to adopt preventive measures such as using medical stretch bandages for injury prevention and healing purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Stretch Bandages Market Research Report
By Type
Cotton Stretch Bandage, Reinforced Stretch Bandage, Self-Closure Stretch Bandage
By Application
Hospitals, Clinics, Home Use
By Companies
BSN Medical, Smith & Nephew, M Inc., Medtronic, Cardinal Health, ConvaTec Inc., Dynarex, Hakuzo, CooperSurgical, Medline, Tenko Medical Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Medical Stretch Bandages Market Report Segments:
The global Medical Stretch Bandages market is segmented on the basis of:
Types
Cotton Stretch Bandage, Reinforced Stretch Bandage, Self-Closure Stretch Bandage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Home Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BSN Medical
- Smith & Nephew
- M Inc.
- Medtronic
- Cardinal Health
- ConvaTec Inc.
- Dynarex
- Hakuzo
- CooperSurgical
- Medline
- Tenko Medical Systems
Highlights of The Medical Stretch Bandages Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cotton Stretch Bandage
- Reinforced Stretch Bandage
- Self-Closure Stretch Bandage
- By Application:
- Hospitals
- Clinics
- Home Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Stretch Bandages Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stretch bandages are a type of medical adhesive tape that is used to help maintain the elasticity of muscles and tendons. They are typically made from a stretchy fabric material that is covered in a sticky adhesive. When applied to the skin, they can help restore flexibility and range of motion in areas that have been injured or strained.
Some of the major players in the medical stretch bandages market are BSN Medical, Smith & Nephew, M Inc., Medtronic, Cardinal Health, ConvaTec Inc., Dynarex, Hakuzo, CooperSurgical, Medline, Tenko Medical Systems.
The medical stretch bandages market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Stretch Bandages Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Stretch Bandages Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Stretch Bandages Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Stretch Bandages Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Stretch Bandages Market Size & Forecast, 2020-2028
4.5.1 Medical Stretch Bandages Market Size and Y-o-Y Growth
4.5.2 Medical Stretch Bandages Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cotton Stretch Bandage
5.2.2 Reinforced Stretch Bandage
5.2.3 Self-Closure Stretch Bandage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Stretch Bandages Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Stretch Bandages Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cotton Stretch Bandage
9.6.2 Reinforced Stretch Bandage
9.6.3 Self-Closure Stretch Bandage
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Home Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cotton Stretch Bandage
10.6.2 Reinforced Stretch Bandage
10.6.3 Self-Closure Stretch Bandage
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Home Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cotton Stretch Bandage
11.6.2 Reinforced Stretch Bandage
11.6.3 Self-Closure Stretch Bandage
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Home Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cotton Stretch Bandage
12.6.2 Reinforced Stretch Bandage
12.6.3 Self-Closure Stretch Bandage
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Home Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cotton Stretch Bandage
13.6.2 Reinforced Stretch Bandage
13.6.3 Self-Closure Stretch Bandage
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Home Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Stretch Bandages Market: Competitive Dashboard
14.2 Global Medical Stretch Bandages Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BSN Medical
14.3.2 Smith & Nephew
14.3.3 M Inc.
14.3.4 Medtronic
14.3.5 Cardinal Health
14.3.6 ConvaTec Inc.
14.3.7 Dynarex
14.3.8 Hakuzo
14.3.9 CooperSurgical
14.3.10 Medline
14.3.11 Tenko Medical Systems
