Market Overview:
The global surgical bandage 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 geriatric population, and technological advancements in surgical bandages. Based on type, the global surgical bandage market is segmented into cotton gauze bandages, elastic bandages, and other types. The cotton gauze bandages segment is expected to dominate the market during the forecast period owing to their low cost and high absorbency properties. Based on application, the global surgical bandage market is segmented into hospitals, clinics, and other applications.
Product Definition:
A surgical bandage is a sterile adhesive bandage used to cover and protect wounds. It is important to use a surgical bandage because it helps keep the wound clean and protected from infection.
Cotton Gauze Bandage:
Cotton gauze bandage is a type of medical dressing used as a protective and absorbent material in wound care management. It is available in various forms such as flat, rolled, or shaped. Cotton gauze bandages are the most commonly used materials for wound dressings across the globe owing to their several properties such as breathability, low cost & weight, easy availability & handling etc.
Elastic Bandage:
Elastic bandage is a type of elastic fabric that can be used as a dressing material for wounds. It helps in maintaining the integrity of tissues and provides temporary support to injured areas. The primary function of an elastic bandage is to maintain the pressure on injuries while it heals, which helps in reducing swelling and pain. An elastic bandage works by restricting blood flow out from under the skin, thereby helping damaged tissues recover faster.
Application Insights:
The global surgical bandage market has been segmented into hospitals, clinics and other application segments. Hospitals held the largest share in 2017 owing to the high usage of surgical bandages for various applications such as pressure garments, compressive therapy garments, non-compression therapy garments and soft tissue dressings. The product is widely used in surgeries due to its properties such as absorbency capacity and skin contact area which help in reducing inflammation & pain at the site of injury.
Clinics are expected to witness lucrative growth over the forecast period due to increasing consumer preference for low-cost medical treatments that do not require an appointment with a doctor or hospital admission. Furthermore, rising cases of sports injuries have led manufacturers across the world create products specifically designed for use at clinics without additional costs or inventory requirements.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure and high awareness levels regarding wound care are some of the major factors responsible for its large share. Moreover, increasing sports injuries and road accidents are also expected to drive product demand over the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regional markets during the forecast period owing to rising medical tourism activities in emerging countries, such as China and India. In addition, rapidly improving healthcare infrastructure in this region will also support growth during the same period. Furthermore, an increase in surgical procedures due to a rise in chronic diseases is further expected fuel growth over next eight years (2018 - 2030) in this region due to availability of skilled professionals at relatively lower cost as comparedto developed regions like U.S.
Growth Factors:
- Increasing incidence of chronic diseases: The global surgical bandage market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing incidence of chronic diseases such as cancer, diabetes, and obesity.
- Rising demand for minimally invasive surgeries: The growth of the surgical bandage market is also attributed to the rising demand for minimally invasive surgeries, which are less traumatic and cause less pain and blood loss as compared to traditional open surgery procedures.
- Technological advancements in surgical bandages: Surgical bandages are witnessing technological advancements with new products being launched in the market on a regular basis. This is helping surgeons adopt better techniques and improve patient outcomes post surgery.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Bandage Market Research Report
By Type
Cotton Gauze Bandage, Elastic Bandage, Other
By Application
Hospitals, Clinics, Other
By Companies
3M, Johnson & Johnson, Smith & Nephew, Medtronic, DYNAREX, Medline Industries, NICHIBAN, BSN medical, Paul Hartmann AG, Baxter Healthcare, 3M, Winner Medical Group
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Bandage Market Report Segments:
The global Surgical Bandage market is segmented on the basis of:
Types
Cotton Gauze Bandage, Elastic Bandage, Other
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, Other
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:
- 3M
- Johnson & Johnson
- Smith & Nephew
- Medtronic
- DYNAREX
- Medline Industries
- NICHIBAN
- BSN medical
- Paul Hartmann AG
- Baxter Healthcare
- 3M
- Winner Medical Group
Highlights of The Surgical Bandage 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 Gauze Bandage
- Elastic Bandage
- Other
- By Application:
- Hospitals
- Clinics
- Other
- 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 Surgical Bandage 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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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?
A surgical bandage is a type of bandage that is used to cover and protect wounds. It is made from cloth, paper, or other materials and it is often wrapped around the wound to keep it clean and protected.
Some of the key players operating in the surgical bandage market are 3M, Johnson & Johnson, Smith & Nephew, Medtronic, DYNAREX, Medline Industries, NICHIBAN, BSN medical, Paul Hartmann AG, Baxter Healthcare, 3M, Winner Medical Group.
The surgical bandage 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 Surgical Bandage 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 Surgical Bandage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Bandage 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 Surgical Bandage 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 Surgical Bandage Market Size & Forecast, 2020-2028
4.5.1 Surgical Bandage Market Size and Y-o-Y Growth
4.5.2 Surgical Bandage 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 Gauze Bandage
5.2.2 Elastic Bandage
5.2.3 Other
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 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical Bandage 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 Surgical Bandage 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 Gauze Bandage
9.6.2 Elastic Bandage
9.6.3 Other
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 Other
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 Gauze Bandage
10.6.2 Elastic Bandage
10.6.3 Other
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 Other
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 Gauze Bandage
11.6.2 Elastic Bandage
11.6.3 Other
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 Other
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 Gauze Bandage
12.6.2 Elastic Bandage
12.6.3 Other
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 Other
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 Gauze Bandage
13.6.2 Elastic Bandage
13.6.3 Other
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 Other
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 Surgical Bandage Market: Competitive Dashboard
14.2 Global Surgical Bandage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Johnson & Johnson
14.3.3 Smith & Nephew
14.3.4 Medtronic
14.3.5 DYNAREX
14.3.6 Medline Industries
14.3.7 NICHIBAN
14.3.8 BSN medical
14.3.9 Paul Hartmann AG
14.3.10 Baxter Healthcare
14.3.11 3M
14.3.12 Winner Medical Group
