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The adhesive bandages market size is estimated to grow by USD 650.3 million at a CAGR of 4.42% between 2023 and 2028. The healthcare industry is witnessing a significant surge in demand due to the increasing number of surgical procedures, rising incidence of sports injuries, and growing prevalence of skin diseases and trauma-related injuries. Surgical procedures have become more commonplace, with advancements in medical technology enabling minimally invasive surgeries and improved patient outcomes. Additionally, the rise in sports activities and fitness consciousness has led to an increase in sports injuries. Furthermore, the growing awareness and acceptance of early treatment for skin diseases have contributed to a higher number of diagnoses and subsequent procedures. These trends underscore the importance of the healthcare industry's continued innovation and investment in advanced medical technologies and treatments to meet the evolving needs of patients.
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Adhesive bandages, also known as sticking plasters, play a crucial role in the healing process of various types of wounds. These medical dressings come with a sticky surface and an absorbent pad that adheres to the skin and protects the wound from friction, bacteria, and dirt. The Adhesive Bandages Market has been witnessing significant growth due to the increasing prevalence of wounds, both acute and chronic, among the population. The market caters to various types of bandages, including medicated and non-medicated bandages, flexible fixation bandages, cohesive fabric bandages, and butterfly stitches. The market serves diverse industries such as healthcare, food preparation, and recreational activities, including adventure sports, hunting, and trekking. Chronic wounds, such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, are a significant concern for the elderly population and those with underlying medical conditions. The market also offers specialized bandages for these conditions. The American population, with a high prevalence of chronic wounds and amputations, is a significant consumer base for the market. Medical tourism is another growing area for the market, as patients travel to countries with lower healthcare costs for wound care treatments. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing number of surgical procedures is notably driving market growth. Chronic diseases, including diabetes, obesity, and cardiovascular conditions, are on the rise among adults in developed countries, such as the US, Canada, the UK, Australia, France, and Germany. According to the International Diabetes Federation (IDF), an estimated 537 million adults aged 20-80 were diagnosed with diabetes in 2021, with this number projected to reach 643 million by 2030 and 783 million by 2045. This trend can be linked to lifestyle and dietary changes. In response to this growing health concern, the market for adhesive bandages has witnessed significant growth, with advancements in technology leading to the development of sensors, microelectronics, and connectivity features in bandages for real-time monitoring. These technological advancements are particularly beneficial for healthcare providers in managing chronic wounds, such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers. In addition, medicated bandages infused with antiseptic solutions, liquid bandages, and medical glue are gaining popularity for the treatment of traumatic wounds, burn injuries, and sports injuries. The market for adhesive bandages is expanding beyond traditional retail stores and pharmacies, with online pharmacies and e-commerce platforms becoming increasingly popular sales channels. The demand for advanced wound care solutions is also driving growth in the surgical devices and surgical wound treatment sectors. In home care settings, the use of adhesive bandages is becoming more common for self-care and first aid purposes. Geopolitical tensions and medical tourism, as well as cosmetic surgeries, are also contributing factors to the market's growth. Thus, such factors are driving the growth of the market during the market forecast period.
The growing demand for adhesive bandages from ambulatory surgical centers (ASCs) is the key trend in the market. Adhesive bandages, also known as First Aid Plasters, are essential medical supplies used for wound healing and protection. The market for adhesive bandages includes both medicated and non-medicated options. Medicated bandages contain antiseptic solutions that help prevent infection, while non-medicated bandages provide basic wound coverage. Raw materials used in the production of adhesive bandages include sensors, microelectronics, and connectivity features, enabling real-time monitoring and communication with healthcare providers. Pharmacies and retail stores, including online pharmacies, are significant distribution channels for adhesive bandages. The increasing prevalence of chronic wounds, such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, in American adults due to aging populations and sedentary lifestyles, drives market growth. Geopolitical tensions and medical tourism have led to an increase in the number of cosmetic surgeries and advanced wound care treatments, further expanding the market. ASCs (Ambulatory Surgical Centers) are increasingly being used for surgical wound treatment, including traumatic wounds, burn injuries, and ulcers. These centers provide cost-effective, same-day surgical care and reduce the burden on hospitals and clinics. In developed countries like the US, Canada, the UK, France, and Germany, ASCs are commonly used for surgeries related to dermatology, gastrointestinal, neurology, and urology. The trend is also observed in developing countries like India and China, where ASCs help alleviate the pressure on physician clinics and hospitals. In summary, the adhesive bandages market is driven by the increasing prevalence of chronic wounds, the growing number of surgical procedures in ASCs, and the availability of advanced wound care products. The market is expected to grow significantly due to the increasing demand for cost-effective, convenient, and effective wound care solutions. Thus, such trends will shape the growth of the market during the forecast period.
The availability of substitutes is the major challenge that affects the growth of the market. Adhesive bandages, also known as first aid plasters, are essential medical supplies used for wound dressing and protection against external contaminants. However, the market for adhesive bandages faces competition from various substitutes such as film dressings, hydrogel, foam, and alginate dressing. These alternatives provide advantages like a moist environment for wound healing and securing medical devices. Film dressings, for instance, are made of a thin polyurethane membrane and have an acrylic adhesive coating on one side. They are suitable for covering and safeguarding catheter sites and wounds. Applications include closed surgical incisions, abrasions, skin tears, blisters, and protective eye coverings. Additionally, advanced wound care technologies like sensors, microelectronics, and connectivity features enable real-time monitoring of wounds for healthcare providers. These features are increasingly being integrated into medicated and non-medicated bandages, making them popular in various settings such as hospitals, ambulatory surgery centers, clinics, home care settings, pharmacies, and online pharmacies. Geopolitical tensions, medical tourism, cosmetic surgeries, and sports injuries contribute to the demand for adhesive bandages and their alternatives. Conditions like diabetic foot ulcers, pressure ulcers, and venous leg ulcers also necessitate the use of specialized bandages. Furthermore, surgical devices and surgical wound treatments, including liquid bandages and medical glue, cater to traumatic wounds and burn injuries. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
3M Co. - The company offers adhesive bandage products such as 3M elastic adhesive bandage.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The medicated bandages segment is estimated to witness significant growth during the forecast period. Adhesive bandages, also known as sticking plasters, play a crucial role in wound management by providing support, protection, and promoting healing. Friction, bacteria, and dirt are common challenges in wound care, making the adhesive properties and absorbent pads essential.
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The medicated bandages segment accounted for USD 1.45 billion in 2018. Adhesive bandages are widely used in various sectors, including recreational activities such as adventure sports like hunting, trekking, and road accidents. Medicated bandages offer additional benefits like pain relief and antimicrobial properties, while non-medicated bandages cater to minor injuries. The geriatric population and orthopedic injuries also benefit from the use of adhesive bandages, which come in various forms like plastic adhesive bandages, woven fabric, and flexible fixation bandages. Cohesive fabric bandages are suitable for larger wounds, while textile strips with a sticky surface provide a secure fixation.
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North America is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Adhesive bandages, also known as sticking plasters, play a crucial role in wound management by providing support, protection, and promoting healing. Friction, bacteria, and dirt are common challenges in wound care, making the adhesive properties of these bandages essential. Adhesive bandages come in various types, including medicated and non-medicated, catering to diverse needs. Butterfly stitches and cohesive fabric bandages offer flexible fixation, while plastic adhesive bandages and woven fabric bandages provide strength and durability. The demand for adhesive bandages extends beyond medical applications, with their use in recreational activities such as trekking, hunting, and adventure sports. Road accidents and workplace injuries further increase the market scope. The geriatric population and orthopedic injuries also contribute significantly to the market. International Labour Organization reports workplace injuries, necessitating the use of adhesive bandage tapes and surgical adhesive tapes in hospitals and clinics. Food preparation workers also benefit from these bandages due to their sticky surface and absorbent pad. Advanced technologies like hydrocolloids, hydrogels, antimicrobial coatings, and smart technologies enhance the functionality of adhesive bandages, addressing chronic wounds and improving overall wound care.
The market report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Adhesive bandages, also known as sticking plasters, are essential medical supplies used for wound management. They provide frictionless coverage to wounds, protecting them from dirt, bacteria, and external damage. The market for adhesive bandages caters to various types of injuries, including those from recreational activities like adventure sports, hunting, trekking, and road accidents. Two primary categories of adhesive bandages exist: medicated and non-medicated. Medicated bandages contain additional properties like antimicrobial coatings, hydrocolloids, or hydrogels to aid in wound healing. Non-medicated bandages, on the other hand, serve as simple protective coverings. The Adhesive Bandages Market encompasses various types, including plastic adhesive bandages, woven fabric bandages, cohesive fabric bandages, and flexible fixation bandages. The market also includes adhesive bandage tapes and surgical adhesive tapes. The International Labour Organization reports that workplace injuries contribute significantly to the demand for adhesive bandages. Furthermore, the geriatric population and orthopedic injuries are other significant markets for these products. Adhesive bandages come in various sizes and colors, with blue adhesive bandages being a common choice due to their discreetness. Advanced technologies like smart bandages and metal detectors are also being integrated into adhesive bandages to enhance their functionality. Chronic wounds, such as diabetic ulcers and pressure ulcers, require specialized bandages for effective management. The market for these bandages is expected to grow due to the increasing prevalence of chronic wounds and the development of advanced wound care technologies. In summary, the Adhesive Bandages Market caters to a wide range of applications and customer needs, making it a dynamic and evolving industry.
Market Scope |
|
Report Coverage |
Details |
Page number |
135 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.42% |
Market growth 2024-2028 |
USD 650.3 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.1 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 44% |
Key countries |
US, Germany, UK, China, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
3M Co., Argentum Medical LLC, B.Braun SE, Beiersdorf AG, Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Dynarex Corp., Essity AB, Goldwin Medicare Ltd., Integra Lifesciences Corp., Johnson and Johnson Services Inc., Lohmann and Rauscher GmbH and Co. KG, Medline Industries LP, Medtronic Plc, Milliken and Co., Molnlycke Health Care AB, Paul Hartmann AG, Smith and Nephew plc, and Triage Meditech Pvt. Ltd. |
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 |
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. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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