Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Compression Bandages Market to Reach USD 1.84 Billion by 2026; Rising Prevalence of Lymphedema to Boost Growth, says Fortune Business Insights

Pune, Nov. 12, 2019 (GLOBE NEWSWIRE) -- The global Compression Bandages Market size is projected to gain momentum from the rising incidence of deep vein thrombosis, venous ulcers, and lymphedema. This information is published in a report by Fortune Business Insights, titled, “Compression Bandages Market Size, Share & Industry Analysis, By Product (Short Stretch Bandages, Long Stretch Bandages, Multilayer Compression Bandages), By Material (Polyster, Latex, Cotton, Others), By Application (Wound Management, Deep Vein Thrombosis, Lymphedema, Others), By End-user (Hospitals & Ambulatory Surgical Centers, Clinics, Nursing Care Centers & Skilled Nursing Facilities, Home Care, Others) and Regional Forecast, 2019-2026.” The market is projected to reach USD 1.84 Billion by 2026, thereby exhibiting a CAGR of 5.3% during the forecast period. However, the Compression Bandages Market size was worth USD 1.21 Billion in 2018. Additionally, an increasing adoption of compression therapy by healthcare providers to manage target diseases would positively impact the market.

The report analyzes and tracks strategic developments undertaken by key market players, such as joint ventures, agreements, acquisitions, new product launches, mergers, collaborations, and partnerships. It offers elaborate information about the significant factors influencing growth, namely, Compression Bandages Market trends, opportunities, drivers, hindrances, and industry-specific other challenges. It further aid in highlighting the micro markets with respect to contributions and future prospects of the entire market.


Browse Complete Report Details:
https://www.fortunebusinessinsights.com/industry-reports/compression-bandages-market-100839


List of prominent companies operating in the Compression Bandages Market are as follows:

  • Essity (BSN medical GmbH)
  • Paul Hartmann AG
  • Smith & Nephew plc
  • Mölnlycke Health Care AB
  • Lohmann & Rauscher GmbH & Co. KG
  • B. Braun Melsungen AG
  • 3M
  • Cardinal Health
  • ConvaTec Group PLC
  • Other prominent players


Short Stretch Bandages Segment to Dominate Owing to Reusability & Reasonable Price

In terms of product, the Compression Bandages Market is grouped into multilayer compression bandages, long stretch bandages, and short stretch bandages. Out of these, the short stretch bandages segment held a share of 37.7% in the year 2018. It is due to its cost-effectiveness and reusability. It is likely to retain its position during the forecast period. Long stretch compression bandages, on the other hand, will showcase a significantly higher CAGR due to the rapid inclination of healthcare professionals and patients towards these products.


Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/compression-bandages-market-100839


Furthermore, demand for multilayer compression bandages is projected to skyrocket in the coming years. It would occur due to its high usability in those patients who are affected by lymphedema and chronic wounds. These bandages are capable of providing maximum support and larger elasticity for immediate cure of various crucial diseases.

North America to Dominate: Rising Geriatric Population to Surge Demand

The Compression Bandages Market is geographically fragmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Amongst these, North America is anticipated to dominate the market during the forecast period. It had also generated the highest revenue in 2018. The growth is attributed to the increasing geriatric population, which in turn, is rising the prevalence of venous diseases. Moreover, the easy accessibility of compression bandages and the presence of renowned market players in the U.S. are projected to boost Compression Bandages Market growth in this region.

Milliken & Company Acquires Andover Healthcare to Expand its Innovative Product Portfolio  

Milliken & Company, a diversified industrial manufacturer, based in South Carolina, announced that it has successfully acquired Andover Healthcare, a leading manufacturer of bandages and tapes for sports medicine, animal health, and healthcare markets, headquartered in Salisbury, in June 2019. The acquisition enables both companies in bringing innovative, comprehensive, and streamlined solutions to the healthcare providers. The companies share a goal to create a positive impact on the masses across the world with patient-driven, technologically advanced, and high-quality products.


Get Discount on this Report: https://www.fortunebusinessinsights.com/enquiry/check-discount/compression-bandages-market-100839


Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Prevalence of Key Indications, 2017
    • Cost Burden of Chronic Wounds in Europe, 2018
    • New Developments in Wound Care
    • Pricing Overview- End User
    • Key Industry Developments
  • Global Compression Bandages Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Product
      • Short Stretch Bandages
      • Long Stretch Bandages
      • Multilayer Compression Bandages
    • Market Analysis, Insights and Forecast – By Material
      • Polyester
      • Latex
      • Cotton
      • Others
    • Market Analysis, Insights and Forecast – By Application
      • Wound Management
      • Deep Vein Thrombosis
      • Lymphedema
      • Others
    • Market Analysis, Insights and Forecast – By End User
      • Hospital & Ambulatory Surgical Centers
      • Clinics
      • Nursing Care Centers & Skilled Nursing Facilities
      • Home Care
      • Others
    • Market Analysis – By Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East & Africa

TOC Continued…!!!


Order Single or Corporate User License Copy: https://www.fortunebusinessinsights.com/checkout-page/100839


Have a Look at Related Reports:

Europe Compression Bandages Market Size, Share & Industry Analysis, By Product (Short Stretch Bandages, Long Stretch Bandages, Multilayer Compression Bandages), By Material (Polyster, Latex, Cotton, Others), By Application (Wound Management, Deep Vein Thrombosis, Lymphedema, Others), By End-user (Hospitals & Ambulatory Surgical Centers, Clinics, Nursing Care Centers & Skilled Nursing Facilities, Home Care, Others) and Regional Forecast, 2019 - 2026

Advanced Wound Care Market Size, Share and Global Trend By Product (Advanced Wound Dressings, Wound Care Devices & Active Wound Care), Indication (Diabetic Foot Ulcers, Pressure Ulcers, Surgical Wounds, Others), End User and Geography Forecast till 2025

Advanced Wound Dressings Market Size, Share and Global Trend By Product Type (Alginate Dressings, Hydrogel Dressings, Film Dressings, Hydrocolloid Dressings, Antimicrobial Dressings, Foam Dressings), Indication (Diabetic Foot Ulcers, Pressure Ulcers, Surgical Wounds), End Users (Hospitals, Clinics, Home Care Settings) and Geography Forecast till 2025


About Us
:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

 Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

 At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact Us:

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Website: https://www.fortunebusinessinsights.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.