Adhesive Bandage Trends and Forecast
The future of the global adhesive bandage market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets. The global adhesive bandage market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are rising number of injuries resulting from sports and leisure activities, growing elderly population, and on-going technological advancements made in the bandage materials.Adhesive Bandage by Segment
The study includes a forecast for the global adhesive bandage by product type, distribution channel, application, and region.Adhesive Bandage Market by Product Type [Shipment Analysis by Value from 2018 to 2030]
- Medicated Bandages
- Non-Medicated Bandages
Adhesive Bandage Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]
- Hospitals and Clinics
- Pharmacies
- Online & Retail
- Retail Stores
- Others
Adhesive Bandage Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Wound Management
- Orthopaedic Support
- Pain Management
- Others
Adhesive Bandage Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Adhesive Bandage Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies adhesive bandage companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the adhesive bandage companies profiled in this report include-- The 3M Company
- Johnson and Johnson
- Smith & Nephew
- Conva
- Beierdarf
Adhesive Bandage Market Insights
The publisher forecasts that medicated bandage will remain the larger segment over the forecast period due to growing incidence of persistent or chronic wounds along with rising number of road accidents.Within this market, hospital pharmacy will remain the largest segment due to rising occurrence of accidents and injuries and growing number of hospitals in the developing countries.
North America will remain the largest region over the forecast period due to rising prevalence of chronic wounds along with the expanding elderly demographic in the region.
Features of the Global Adhesive Bandage Market
- Market Size Estimates: Adhesive bandage market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Adhesive bandage market size by product type, distribution channel, application, and region in terms of value ($B).
- Regional Analysis: Adhesive bandage market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, applications, and regions for the adhesive bandage market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the adhesive bandage market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for adhesive bandage market?Answer: The global adhesive bandage market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the adhesive bandage market?
Answer: The major drivers for this market are rising number of injuries resulting from sports and leisure activities, growing elderly population, and on-going technological advancements made in the bandage materials.
Q3. What are the major segments for adhesive bandage market?
Answer: The future of the adhesive bandage market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets.
Q4. Who are the key adhesive bandage market companies?
Answer: Some of the key adhesive bandage companies are as follows:
- The 3M Company
- Johnson and Johnson
- Smith & Nephew
- Conva
- Beierdarf
Answer: The publisher forecasts that medicated bandage will remain the larger segment over the forecast period due to growing incidence of persistent or chronic wounds along with rising number of road accidents.
Q6. In adhesive bandage market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising prevalence of chronic wounds along with the expanding elderly demographic in the region.
Q7. Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the adhesive bandage market by product type (medicated bandages and non-medicated bandages), distribution channel (hospitals and clinics, pharmacies, online & retail, retail stores, and others), application (wound management, orthopaedic support, pain management, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Adhesive Bandage Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- The 3M Company
- Johnson and Johnson
- Smith & Nephew
- Conva
- Beierdarf
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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