Market Overview:
The global tubular elastic 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 prevalence of chronic diseases, rising geriatric population, and technological advancements in the medical field. Based on type, the global tubular elastic bandage market is segmented into latex-free elastomeric bandages and rubber elastomeric bandages. The latex-free elastomeric bandages segment is expected to grow at a higher CAGR during the forecast period as compared to rubber elastomeric bandages due to their high demand from hospitals and clinics across the globe. Based on application, the global tubular elastic bandage market is segmented into hospitals and clinics. The hospitals segment dominates this market owing to an increase in number of hospital admissions for various chronic diseases such as cancer, cardiac problems, etc., globally.
Product Definition:
A tubular elastic bandage is a type of bandage that is made out of stretchy fabric. It can be used to wrap around a body part to provide support and compression.
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The global ѕlаtіtubes market size was valued at USD 6.3 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
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Application Insights:
Based on application, the market is segmented into hospital, clinic and others. The hospital segment dominated the market in 2017 owing to increasing number of trauma cases globally. According to WHO, around 50 million people are injured or disabled every year which results in around 3.7 million deaths worldwide. In addition, growing emphasis on reducing mortality rate due to road accidents is also expected to contribute significantly towards growth of this segment over the forecast period (2017-2030).
The Clinic segment is anticipated register a significant CAGR during the forecast period owing to increase in demand for Tubular Elastic Bands for various applications such as sprains/strains and fractures at clinics and hospitals across various regions including North America, Europe and Asia Pacific. Growing awareness regarding availability of advanced products with better quality coupled with rising acceptance among patients are some factors that may propel industry growth during future years (2030).
Regional Analysis:
North America dominated the global market in 2017. The presence of developed healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending in this region are some factors attributing to its large share. Moreover, the availability of skilled professionals and advanced technology is also expected to drive demand for these products over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing disposable income and rising health awareness among people especially population suffering from chronic disorders such as diabetes or arthritis. Growing medical tourism industry due to lower treatment cost in countries like India & China is also expected boost demand for these elastic bandages over next eight years.
Growth Factors:
- Increasing demand for Tubular Elastic Bandage in the medical sector for various applications such as wound care, compression therapy, and support & stabilization.
- Rising awareness about the benefits of Tubular Elastic Bandage among consumers is expected to boost market growth during the forecast period.
- Growing popularity of Tubular Elastic Bandages among athletes and sportspersons for injury prevention and rehabilitation is anticipated to fuel market growth over the next few years.
- Technological advancements in manufacturing processes are projected to result in lower product prices, which is likely to increase adoption rates over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tubular Elastic Bandage Market Research Report
By Type
Еlаѕtіс Ѕuрроrt Ваndаgе, Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
By Application
Hospital, Clinic
By Companies
Меrсаtоr Меdісаl Grоuр, Каrl Оttо Вrаun, Рrіmаrе Іntеrnаtіоnаl, Меdіlіnе Іnduѕtrіеѕ, Аbеnа Grоuр, Grеаtоrех Техtіlе Іnduѕtrіеѕ, Техроl, Ѕuthеrlаnd Меdісаl, Lіdеrmеd, Fіnеѕѕе Меdісаl Ltd, Zhende Medical
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Tubular Elastic Bandage Market Report Segments:
The global Tubular Elastic Bandage market is segmented on the basis of:
Types
Еlаѕtіс Ѕuрроrt Ваndаgе, Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
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
Hospital, Clinic
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:
- Меrсаtоr Меdісаl Grоuр
- Каrl Оttо Вrаun
- Рrіmаrе Іntеrnаtіоnаl
- Меdіlіnе Іnduѕtrіеѕ
- Аbеnа Grоuр
- Grеаtоrех Техtіlе Іnduѕtrіеѕ
- Техроl
- Ѕuthеrlаnd Меdісаl
- Lіdеrmеd
- Fіnеѕѕе Меdісаl Ltd
- Zhende Medical
Highlights of The Tubular Elastic 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:
- Еlаѕtіс Ѕuрроrt Ваndаgе
- Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
- By Application:
- Hospital
- Clinic
- 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 Tubular Elastic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 tubular elastic bandage is a type of bandage that is made from elastic material. It is often used to wrap around the upper arm or leg to help support and protect the injured area.
Some of the major companies in the tubular elastic bandage market are МеrÑаtоr МеdÑ–Ñаl GrоuÑ€, Каrl Оttо Ð’rаun, Ð rÑ–mаrе Іntеrnаtіоnаl, МеdÑ–lÑ–nе ІnduÑ•trіеѕ, Ðbеnа GrоuÑ€, Grеаtоrех ТехtÑ–lе ІnduÑ•trіеѕ, Техроl, Ð…uthеrlаnd МеdÑ–Ñаl, LÑ–dеrmеd, FÑ–nеѕѕе МеdÑ–Ñаl Ltd, Zhende Medical.
The tubular elastic 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 Tubular Elastic 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 Tubular Elastic Bandage Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Tubular Elastic 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 Tubular Elastic 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 Tubular Elastic Bandage Market Size & Forecast, 2020-2028 4.5.1 Tubular Elastic Bandage Market Size and Y-o-Y Growth 4.5.2 Tubular Elastic 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 Еlаѕtіс Ѕuрроrt Ваndаgе
5.2.2 Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
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 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tubular Elastic 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 Tubular Elastic 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 Еlаѕtіс Ѕuрроrt Ваndаgе
9.6.2 Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
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 Hospital
9.10.2 Clinic
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 Еlаѕtіс Ѕuрроrt Ваndаgе
10.6.2 Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
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 Hospital
10.10.2 Clinic
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 Еlаѕtіс Ѕuрроrt Ваndаgе
11.6.2 Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
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 Hospital
11.10.2 Clinic
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 Еlаѕtіс Ѕuрроrt Ваndаgе
12.6.2 Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
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 Hospital
12.10.2 Clinic
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 Еlаѕtіс Ѕuрроrt Ваndаgе
13.6.2 Еlаѕtіс Соmрrеѕѕіоn Ваndаgе
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 Hospital
13.10.2 Clinic
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 Tubular Elastic Bandage Market: Competitive Dashboard
14.2 Global Tubular Elastic Bandage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Меrсаtоr Меdісаl Grоuр
14.3.2 Каrl Оttо Вrаun
14.3.3 Рrіmаrе Іntеrnаtіоnаl
14.3.4 Меdіlіnе Іnduѕtrіеѕ
14.3.5 Аbеnа Grоuр
14.3.6 Grеаtоrех Техtіlе Іnduѕtrіеѕ
14.3.7 Техроl
14.3.8 Ѕuthеrlаnd Меdісаl
14.3.9 Lіdеrmеd
14.3.10 Fіnеѕѕе Меdісаl Ltd
14.3.11 Zhende Medical