USD 622.43 million Potential Growth in Adhesive Bandages Market Size | 17,000+ Technavio Reports

NEW YORK, May 18, 2022 /PRNewswire/ — The latest market outlook report titled “Adhesive Bandages Market by Product and Geography – Forecast and Analysis 2022-2026” has been added to Technavio’s catalog. This recent market analysis report identifies that the market will witness a potential growth difference of USD 622.43 million from 2021 to 2026. The market is anticipated to record an accelerating growth momentum at a CAGR of 4.26% during this period.

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Parent Market Overview

Technavio categorizes the global adhesive bandages market as a part of the global healthcare supplies market. The parent market, the global healthcare supplies market, covers products and companies engaged in R&D of a variety of product categories spanned across medical consumables that are used for the diagnosis and treatment of various diseases.

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Market Competitive Landscape

The adhesive bandages market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Some of the key players covered in this report include 3M Co., Argentum Medical LLC, B. Braun SE, Beiersdorf Aktiengesellschaft, Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Dynarex Corp., Essity Aktiebolag, Goldwin Medicare Ltd., Integra Lifesciences Holdings Corp., Johnson and Johnson, Lohmann and Rauscher GmbH and Co. KG, Medline Industries Inc., Medtronic Plc, Milliken and Co., Molnlycke Health Care AB, Paul Hartmann AG, Smith and Nephew plc, and Triage Meditech Pvt. Ltd., among others.

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Strategic Initiatives and Products launches

  • 3M Co. – The company offers adhesive bandage products such as 3M elastic adhesive bandage.
  • B. Braun SE – The company offers adhesive bandage products such as Askina DresSil Border, Askina DresSil, and Askina DresSil Heel.
  • Beiersdorf Aktiengesellschaft – The company offers adhesive bandage product brands such as Hansaplast.

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Growing number of surgical procedures to boost the market positively

The prevalence of chronic diseases, such as diabetes, obesity, and cardiovascular diseases, is growing worldwide. The demand for adhesive bandages is likely to increase, with the increasing prevalence of diabetes, during the forecast period. Adhesive bandages have various applications, such as use in managing diabetic ulcers.

Availability of substitutes likely to challenge the market growth

Substitutes for adhesive bandages include film dressing, hydrogel, foam, and alginate dressing. These dressings are in direct contact with the wound. Such substitutes may challenge the adhesive bandages market growth during the forecast period.

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COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 negatively impacted the adhesive bandages market in North America. However, in H2 2021, hospitals and other healthcare facilities resumed elective procedures and surgeries due to the availability of vaccines and a reduction in COVID-19 cases. Hence, the regional market is expected to grow during the forecast period.

View report snapshot to learn more about the pandemic impact on the market and the industry

Market Segmentation

By product, the market has been segmented into medicated bandages and non-medicated bandages. The medicated bandages segment will have significant market share growth during the forecast period. Medicated bandages are also known as first-aid dressings and plasters and consist of an antiseptic solution. These are used to treat superficial injuries, cuts, and bruises and absorb exudate.

By geography, the market has been segmented into North America, Europe, Asia, and Rest of World (ROW). North America will have significant market share growth during the forecast period. The advanced healthcare infrastructure will drive the adhesive bandages market growth in North America during the forecast period.

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Key Report Takeaways

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive adhesive bandages market growth during the next five years
  • Precise estimation of the adhesive bandages market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the adhesive bandages market in North America, Europe, Asia, and Rest of World (ROW) and top 20 countries across these regions
  • A thorough analysis of the market’s competitive landscape and detailed information on over 20 industry-focused market vendors classified as dominant and strong players
  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Pre as well as post COVID-19 market estimates
  • Optimistic, base case, and pessimistic scenarios for all markets as the impact of the pandemic unfolds

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Adhesive Bandages Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.26%

Market growth 2022-2026

USD 622.43 million

Market structure

Fragmented

YoY growth (%)

3.75

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 40%

Key consumer countries

US, Canada, Germany, UK, and China

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3M Co., Argentum Medical LLC, B. Braun SE, Beiersdorf Aktiengesellschaft, Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Dynarex Corp., Essity Aktiebolag, Goldwin Medicare Ltd., Integra Lifesciences Holdings Corp., Johnson and Johnson, Lohmann and Rauscher GmbH and Co. KG, Medline Industries Inc., Medtronic Plc, Milliken and Co., Molnlycke Health Care AB, Paul Hartmann AG, Smith and Nephew plc, and Triage Meditech Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product – Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Medicated bandages – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Medicated bandages – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Medicated bandages – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Medicated bandages – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Medicated bandages – Year-over-year growth 2021-2026 (%)
  • 5.4 Non-medicated bandages – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Non-medicated bandages – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Non-medicated bandages – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Non-medicated bandages – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Non-medicated bandages – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 Asia – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Asia – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Asia – Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
  • 7.7 US – Market size and forecast 2021-2026
    • Exhibit 58: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.8 Germany – Market size and forecast 2021-2026
    • Exhibit 62: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.9 UK – Market size and forecast 2021-2026
    • Exhibit 66: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.10 China – Market size and forecast 2021-2026
    • Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.11 Canada – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Canada – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Canada – Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 79: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 81: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 82: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 83: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 84: Matrix on vendor position and classification
  • 10.3 3M Co.
    • Exhibit 85: 3M Co. – Overview
    • Exhibit 86: 3M Co. – Business segments
    • Exhibit 87: 3M Co. – Key news
    • Exhibit 88: 3M Co. – Key offerings
    • Exhibit 89: 3M Co. – Segment focus
  • 10.4 B. Braun SE
    • Exhibit 90: B. Braun SE – Overview
    • Exhibit 91: B. Braun SE – Business segments
    • Exhibit 92: B. Braun SE – Key news
    • Exhibit 93: B. Braun SE – Key offerings
    • Exhibit 94: B. Braun SE – Segment focus
  • 10.5 Beiersdorf Aktiengesellschaft
    • Exhibit 95: Beiersdorf Aktiengesellschaft – Overview
    • Exhibit 96: Beiersdorf Aktiengesellschaft – Business segments
    • Exhibit 97: Beiersdorf Aktiengesellschaft – Key news
    • Exhibit 98: Beiersdorf Aktiengesellschaft – Key offerings
    • Exhibit 99: Beiersdorf Aktiengesellschaft – Segment focus
  • 10.6 Cardinal Health Inc.
    • Exhibit 100: Cardinal Health Inc. – Overview
    • Exhibit 101: Cardinal Health Inc. – Business segments
    • Exhibit 102: Cardinal Health Inc. – Key news
    • Exhibit 103: Cardinal Health Inc. – Key offerings
    • Exhibit 104: Cardinal Health Inc. – Segment focus
  • 10.7 ConvaTec Group Plc
    • Exhibit 105: ConvaTec Group Plc – Overview
    • Exhibit 106: ConvaTec Group Plc – Product / Service
    • Exhibit 107: ConvaTec Group Plc – Key news
    • Exhibit 108: ConvaTec Group Plc – Key offerings
  • 10.8 Dynarex Corp.
    • Exhibit 109: Dynarex Corp. – Overview
    • Exhibit 110: Dynarex Corp. – Product / Service
    • Exhibit 111: Dynarex Corp. – Key offerings
  • 10.9 Johnson and Johnson
    • Exhibit 112: Johnson and Johnson – Overview
    • Exhibit 113: Johnson and Johnson – Business segments
    • Exhibit 114: Johnson and Johnson – Key news
    • Exhibit 115: Johnson and Johnson – Key offerings
    • Exhibit 116: Johnson and Johnson – Segment focus
  • 10.10 Medline Industries Inc.
    • Exhibit 117: Medline Industries Inc. – Overview
    • Exhibit 118: Medline Industries Inc. – Product / Service
    • Exhibit 119: Medline Industries Inc. – Key offerings
  • 10.11 Medtronic Plc
    • Exhibit 120: Medtronic Plc – Overview
    • Exhibit 121: Medtronic Plc – Business segments
    • Exhibit 122: Medtronic Plc – Key news
    • Exhibit 123: Medtronic Plc – Key offerings
    • Exhibit 124: Medtronic Plc – Segment focus
  • 10.12 Smith and Nephew plc
    • Exhibit 125: Smith and Nephew plc – Overview
    • Exhibit 126: Smith and Nephew plc – Business segments
    • Exhibit 127: Smith and Nephew plc – Key news
    • Exhibit 128: Smith and Nephew plc – Key offerings
    • Exhibit 129: Smith and Nephew plc – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 130: Inclusions checklist
    • Exhibit 131: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 132: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 133: Research methodology
    • Exhibit 134: Validation techniques employed for market sizing
    • Exhibit 135: Information sources
  • 11.5 List of abbreviations
    • Exhibit 136: List of abbreviations

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USD 622.43 million Potential Growth in Adhesive Bandages Market Size | 17,000+ Technavio Reports WeeklyReviewer

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