Thu, 05 Aug 2021


The new report by EMR titled, 'Global Compression Bandages Market Report and Forecast 2021-2026', gives an in-depth analysis of the global compression bandages market, assessing the market based on its segments like product, material, applications, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Get a Free Sample Report with Table of Contents -https://www.expertmarketresearch.com/reports/compression-bandages-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 5%

The compression bandages will experience rapid growth in the forecasting years because of increasing patients for lymphedema. The compression bandages can be indicated for such patients to reduce the swelling and puh fluid out of the tissues. The wound management is also being increasingly done with the help of compression bandages. The diabetes patients have higher risk of getting inflicted with chronic injury. The diabetes patients are large in number with constant growth of patient base. This will provide impetus to the growth of compression bandages industry. The deep vein thrombosis and other uses of compression bandages will further propel the market.

Industry Definition and Major Segments

Read Full Report with Table of Contents -https://www.expertmarketresearch.com/reports/compression-bandages-market

Compression bandages follow the principle of compression therapy where a material like cloth is used to put pressure on wounded area. These stretchable bandages can reduce swelling for wounds and also help in the treatment of lymphedema by reducing edema. They are found to be quite effective in ulcer treatment.

Based on product, compression bandages ae categorised as follows:

  • Short Stretch Bandages
  • Long Stretch Bandages
  • Multilayer Compression Bandages

The materials used in the compression bandages are segmented into:

  • Polyester
  • Latex
  • Cotton
  • Others

The compression bandages are classified on the grounds of applications into:

  • Wound Management
  • Deep Vein Thrombosis
  • Lymphedema
  • Others

It finds end-uses in the following industries:

  • Hospital and Ambulatory Surgical Centres
  • Clinics
  • Nursing Care Centers
  • Home Care
  • Others

The report also covers the regional compression bandages markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Trend

The key players in the compression bandages market have been investing to improve the clinical efficacy of the product. There has been an increased focus on the quality of life by the medical community. The proper management of edema through the compression bandages can improve the patient's quality of life. This will lead to a spurt in the demand for compression bandages. The cost of compression bandages has been reduced in the developing economies because of the entrance of local manufacturers. The government has also been active in upgrading the healthcare facilities. These factors will cause the market for compression bandages to grow rapidly.

Key Market Players

The major players in the market are Paul Hartmann AG, Smith & Nephew plc, ConvaTec Group PLC, B. Braun Melsungen AG, and 3m Co., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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