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The adhesive bandages market share is expected to increase by USD 622.43 million from 2021 to 2026, at an accelerating CAGR of 4.26%.
The adhesive bandages market has been broadly categorized into the following demographic segmentations:
The adhesive bandages market report also offers information on several market vendors, including 3M Co., Argentum Medical LLC, B. Braun SE, Beiersdorf Aktiengesellschaft, Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Dynarex Corp., Essity Aktiebolag, Goldwin Medicare Ltd., Integra Lifesciences Holdings Corp., Johnson and Johnson, Lohmann and Rauscher GmbH and Co. KG, Medline Industries Inc., Medtronic Plc, Milliken and Co., Molnlycke Health Care AB, Paul Hartmann AG, Smith and Nephew plc, and Triage Meditech Pvt. Ltd. among others.
One of the key highlights of the adhesive bandages research report is the post COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the forecast period.
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The growing number of surgical procedures is notably driving the adhesive bandages market growth, although factors such as the availability of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the adhesive bandages industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Adhesive Bandages Market Driver
Key Adhesive Bandages Market Trend
Key Adhesive Bandages Market Challenge
This adhesive bandages market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
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40% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the adhesive bandages market in North America. Market growth in this region will be faster than the growth of the market in Rest of World (ROW).
The advanced healthcare infrastructure will facilitate the adhesive bandages market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 negatively impacted the regional adhesive bandages market. However, in H2 2021, due to the availability of vaccines and reduction in COVID-19 cases in the region, hospitals and other healthcare facilities resumed elective procedures and surgeries. Thus, the regional demand for adhesive bandages rebounded. In view of this, the regional market is expected to grow during the forecast period.
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The adhesive bandages market share growth by the medicated bandages segment will be significant during the forecast period. Medicated cohesive fabric bandages are used to cover wounds and provide support to injured joints and muscles, whereas medicated flexible fixation bandages are used to hold dressings, compresses, and pads in place. Medicated cohesive fabric bandages adhere to themselves and not the skin or hair of the user. These are latex-free, water-resistant, and hand-tearable and leave no glue residuals after removal. These factors of medicated bandages will drive the adhesive bandages market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the adhesive bandages market size and actionable market insights on post COVID-19 impact on each segment.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the adhesive bandages market encompasses successful business strategies deployed by the key vendors. The adhesive bandages market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The adhesive bandages market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Technavio categorizes the global adhesive bandages market as a part of the global healthcare supplies market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the adhesive bandages market during the forecast period.
Our report provides extensive information on the value chain analysis for the adhesive bandages market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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Adhesive Bandages Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.26% |
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Market growth 2022-2026 |
$ 622.43 million |
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Market structure |
Fragmented |
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YoY growth (%) |
3.75 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 40% |
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Key consumer countries |
US, Canada, Germany, UK, and China |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
3M Co., Argentum Medical LLC, B. Braun SE, Beiersdorf Aktiengesellschaft, Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Dynarex Corp., Essity Aktiebolag, Goldwin Medicare Ltd., Integra Lifesciences Holdings Corp., Johnson and Johnson, Lohmann and Rauscher GmbH and Co. KG, Medline Industries Inc., Medtronic Plc, Milliken and Co., Molnlycke Health Care AB, Paul Hartmann AG, Smith and Nephew plc, and Triage Meditech Pvt. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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