Adhesive Bandage Market-Snapshot
Adhesive bandages are thin strips of fabric that stick to the skin. The main purpose of using this bandage is to provide protection for small and medium-sized scabs or wounds. Protecting wounds or scabs includes keeping the injured area free of dirt, damage, bacteria, or friction of any kind, as these things can further aggravate the wound.
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The use of adhesive bandages ensures that the healing process goes smoothly. Some of these bandages have antiseptic properties, which can speed up the healing process and reduce the spread of infection. These factors may benefit the global adhesive bandage market in the next few years.
Promote the ability of wounds to heal smoothly and quickly to increase market demand
These bandages are mainly made of latex, polyethylene or woven polyethylene. Apply adhesive to one side of these bandages to keep them attached to the skin and help the wound heal quickly. There is a small non-stick mat on the adhesive surface of the bandage strip. Such pads are usually made of water-absorbing gel or cotton to collect any liquid that escapes from the wound. In some cases, the cotton in the bandage is coated with a porous polymer to prevent it from sticking to scabs or wounds. The pad covers the area where the antiseptic is placed or the actual injured area. Some of the benefits of existing bandage designs are as follows
All the benefits of these bandages may benefit the development of the global adhesive bandage market in the next few years.
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Adhesive Bandage Market-Snapshot
Adhesive bandages are plasters or dressings used to treat small wounds that are not a major problem and are not serious enough to require a full-size bandage. They can protect the wound from further damage, friction, bacteria and dirt. They heal wounds and keep skin incisions. Adhesive bandages can be used as medical or non-medicinal bandages. Medicinal bandages are those bandages that are directly used to treat wounds with some medicine. They are used for injuries to repair cuts, scrapes, burns, etc.
Non-medicinal bandages are used in the food industry to prevent process contamination and for orthopedic support. In 2017, the global adhesive bandage market was valued at approximately US$2.9 billion. The compound annual growth rate from 2018 to 2026 is expected to be approximately 3.0% to 3.5%. The pharmaceutical bandage segment dominates the global market in terms of value and is expected to maintain its position during the forecast period.
Due to the increase in the incidence of injuries caused by recreational activities of all ages, and the increase in the aging population who are more likely to have small accidents such as falls, the tape market is expanding significantly. In addition, the incidence of injuries in homes and workplaces and the introduction of different types of bandages such as butterfly stitches are the main factors that may promote the development of the global bandage market.
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The global adhesive bandage market has been segmented according to products, materials, indications, distribution channels and geographic locations. According to the product, the global adhesive bandage market is divided into medical bandages and non-medicinal bandages. Medicinal bandages have been further subdivided into viscous fabric bandages and flexible fixed bandages. Due to the rising incidence of injuries and the higher efficacy of medical bandages in healing wounds faster, medical bandages dominate the market partly. Non-medicinal bandages have been further classified into adhesive fabric bandages and flexible fixed bandages.
The adhesive bandage sub-segment dominates this category due to the wide application of adhesive bandages in the food industry as blue metal detectable bandages for pollution-free procedures and orthopedic support activities after surgery. In terms of materials, the global band-aid market is divided into woven fabrics, plastics, and latex strips. The plastics sector dominates the market and is expected to expand at a higher compound annual growth rate during the forecast period, as plastic bandages provide convenience, more innovative options and lower raw material costs.
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In terms of indications, the global band-aid market is divided into wound management, edema control and pain management, and orthopedic support. The wound management department dominates the global adhesive bandage market. The increase in the incidence of work-related injuries and sports injuries, the aging population, and better wound infection control for minor injuries are some of the factors contributing to the growth of the wound management sector.
According to distribution channels, the global band-aid market can be subdivided into hospitals and clinics, retail stores, e-commerce, etc. Due to the increase in the number of emergency patients and the better equipped first aid facilities provided by hospitals and clinics, hospitals and clinics dominate the global adhesive bandage market. The e-commerce sector is expected to expand at a significantly higher compound annual growth rate. This is due to the better discount rates and convenience provided by e-commerce sites.
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In terms of regions, the global band-aid market has been subdivided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific region dominates the global band-aid market, followed by the North American market in 2017. Due to a larger patient population, a higher incidence of injuries, and an increase in the degree of aging, the Asia-Pacific market is expected to grow at a significant compound annual growth rate during the forecast period, and the population is more likely to be injured.
Major players operating in the global adhesive bandage market include Johnson & Johnson Consumer Products, 3M, Essity Aktiebolag (publ).(BSN Medical), Beiersdorf AG, Smith & Nephew plc, ConvaTec, Inc., Cardinal Health, Medline Industries, Inc. , DYNAREX and Detectaplast.
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