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Global Adhesive Bandages Market is expected to foresee significant growth. North America to lead the growth!

Adhesive bandages are small sticking plasters used for small injuries. These bandages protect wounds from friction, bacteria, and dirt. The rising number of recreational activities such as adventure sports, trekking, and cycling also increases the related injuries, increasing the market size for bandages. For example, as per John Hopkins Medicine, in the U.S., about 30 million children and teens participate in some form of organized sports, and more than 3.5 million injuries each year.

The Adhesive Bandages Market is expected to grow at a steady rate of around 5% owing to the increasing off-road incidents and recreational activities. Major companies in the market that offer adhesive bandages are 3M, Beiersdorf AG, Cardinal Health Inc., ConvaTec Inc., Dynarex Corporation, Essity Aktiebolag (publ), Johnson & Johnson Inc., Medline Industries LP, Ortho Medic Care NV, and Smith & Nephew plc.

Based on the product type, the market has been categorized into medicated bandages and non-medicated bandages. Among them, the medicated segment is expected to witness lucrative growth during the forecast period. The rising efficacy and the injuries are attributed to the increasing demand for medicated bandages. Furthermore, the launch of a new product under the medicated bandages category is responsible for the segment’s market growth in the adhesive bandages market. For instance, At EWMA 2022, Winner Medical will showcase its latest and industry-leading advanced wound care solutions such as Transparent Film Dressing, Bordered Silicone Foam Dressing with SAF, and Antibiosis Series Products, and its new product, the CMC dressing, will be launched during the exhibition.

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Based on the application, the market has been categorized into wound management, orthopedic support, pain management, sports & athletic wraps, and others. Among them, the orthopedic support segment is expected to have significant growth in the market. The rising prevalence of orthopedic disorders and the rising geriatric population is catalyzing the market growth of the segment in the adhesive bandages market. For instance, per the CDC, about 1 in 4 US adults (23.7%) or about 58.5 million people have doctor-diagnosed arthritis.

Based on the distribution channel, the market is segmented into retail pharmacies, online pharmacies, hospital pharmacies, and others. Online pharmacies are expected to witness lucrative growth during the forecast period. This is mainly due to the rising adoption of the IoT and internet penetration attributed to the significant growth of online pharmacies. For instance, the global internet penetration rate is 62.5%.

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For a better understanding of the market adoption of the adhesive bandages industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America constitutes a significant Adhesive Bandages market due to the increasing R&D activities for developing a better and more efficient method of pain management. For instance, the U.S. investments in R&D increased by 13% in 2020 in comparison with 2018 which accounted for US$ 586,959 in 2018 and reached US$ 664,058 in 2020

Some of the major players operating in the market include 3M, Beiersdorf AG, Cardinal Health Inc., ConvaTec Inc., Dynarex Corporation, Essity Aktiebolag (publ), Johnson & Johnson Inc., Medline Industries LP, Ortho Medic Care NV, and Smith & Nephew plc.

Global Adhesive Bandages Market Segmentation

Market Insight, by Product Type

• Medicated
• Non-Medicated

Market Insight, by Application

• Wound Management
• Orthopedic Support
• Pain Management
• Sports and Athletic Wraps
• Others

Market Insight, by Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Others

Market Insight, by Region

  • North America
    •  US
    •  Canada
    •  Rest of North America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World

Top Company Profiles

  • 3M Company
  • Beiersdorf AG
  • Cardinal Health Inc.
  • ConvaTec Inc.
  • Dynarex Corporation
  • Essity Aktiebolag
  • Johnson & Johnson Inc.
  • Medline Industries LP
  • Goldwin Medicare Ltd.
  • Smith & Nephew plc

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