Adhesive Bandages Market Size, Share, Industry Analysis and Regional Forecast 2020-2027

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Increasing prevalence of chronic wounds, accidents and burns is a key factor driving the global adhesive bandages market, says Fortune Business Insights in a report, titled “Adhesive Bandages Market Size, Share and Global Trend by Product (Medicated Bandages, Non- Medicated Bandages), By Material (Fabric, Plastic, Latex), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) and Geography Forecast till 2026.” Adhesive bandages are likely to witness huge demand due to its composition as a germ-free compress of layers and absorbent pad affixed, which, in, turn is enablingthe growth of the global adhesive bandages market.

According to the report, the extensive use of adhesive bandages for closing injuries, burns or cuts is expected to aid the global adhesive bandages market growth. For instance, a survey by National Safe Kids Campaign and the American Academy of Paediatrics, estimated that 3.5 million injuries are caused due to sports each year in the U.S.

The report shares its vast study and understanding ofadhesive bandages industry. The report offers emphasis on the segments of the adhesive bandages market and also dedicates in analyzing the key industrial development and growth factors.

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Unveiling of SILBIONE Soft Skin Adhesives Will Boost Growth

The global adhesive bandages market growth is driven by the increasing prevalence of chronic wounds, accidents, burns, and sports injuries. According to The American Professional Wound Care Association, the cases of surgical wounds is highest amongst all types of wounds, followed by diabetic wound infections. Furthermore, the announcement of SILBIONE soft skin adhesives, in the European Wound Management Association (EWMA) Conference 2019 is likely to contribute significantly to the global adhesive bandages market revenue. For instance, Elkem ASA announced that it will showcase its new innovation, SILBIONE soft skin adhesives, in European Wound Management Association (EWMA) Conference 2019. The adhesive bandage is a silicone gel-based adhesive bandage that is responsible to reduce pain and irritations.

Launch Of SKIN-FLEX Will Favor Growth

The launch of SKIN-FLEX a new Band-Aid is expected to enable the growth of the global adhesive bandages market during the forecast period. For instance, Johnson & Johnson Services, Inc., launched SKIN-FLEX a new Band-Aid that can stay upto 24 hours even through washing. Moreover, the development of kirigami inspired adhesive film is likely to stimulate the growth of adhesive bandages market. For instance, researchers at MIT have developed and patented an innovative kirigami inspired adhesive film which has its potential applications from bandages to wearables and has collaborated with medical supply company Tibet Cheezheng Tibetan Medicine Co. Ltd., to produce pain relief medical patches

Rapid Adoption of Adhesive Bandages Will Propel Growth in North America

The adhesive bandages market in North America is predicted to dominate during the forecast years owing to the rapid adoption of adhesive bandages for immediate treatment of the wound. Furthermore, increasing prevalence of wounds is expected to accelerate the growth of the adhesive bandages during the forecast period. Europe is expected to grow at a significant rate during the forecast period owing tothe increasing prevalence of burns, acute wounds, and sports injuries. The adhesive bandages market in Asia Pacific and Latin America is expected to witness high growth rate due to the growing accidents. In addition, increasing prevalence of occupational injuries is expected to boost the adhesive bandages market growthin the region.

The Major Companies Covered in The Global Adhesive Bandages Market Report Include:

  • Johnson & Johnson Services, Inc.
  • Beiersdorf AG
  • 3M
  • Goldwin Medicare
  • Aso LLC
  • Precision Coatings Pvt Ltd
  • L&R USA INC.
  • ConvaTec Inc.
  • Medline Industries, Inc.
  • Elkem ASA
  • and Others.

What does the Report Include?

The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

The COVID-19 pandemic has had a seismic effect on several economies across the globe. To curb the pandemic spread, the governments of several countries have ordered complete lockdown of industrial and human activities. This is expected to have a significant impact on the market in 2020. However, proactive steps by the industry leaders to revive the Healthcare industry will bode well for the growth of the market in the near future.

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Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

For More Questions, Talk with : Adhesive Bandages Industry Experts:

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COMPETITIVE LANDSCAPE

 

This report focuses on : Adhesive Bandages Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

: Adhesive Bandages Highlights of the Report:

  1. Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
  2. Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  3. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  4. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  5. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market

 

Browse More Information on This Report: https://www.fortunebusinessinsights.com/industry-reports/adhesive-bandages-market-101222

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Author’s Bio:

Name-AMAN SINGH GANDHI

Aman is presently working as a content writer at Fortune Business Insights. His key focus is to deliver quality content to his audience. He specializes in blog writing, articles and press releases. As a writer, he believes in learning and exploring different areas to vividly communicate with his readers.

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