Bandages Market - Size, Share, Outlook, and
Opportunity Analysis, 2019–2026
Bandage is a strip of woven material used to bind up the wound and protect the injured part
of the body. The main function of bandages is to provide support to the dressing placed on to
a particular part of the body to restrict the movement of that part which further leads to
reduction in pain or swelling. Bandages are available in a wide range of types, from generic
cloth strips to specialized shaped bandages, which are designed for a specific limb or part of
the body.
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Bandages Market- Dynamics
The market of medical bandages is expected to grow at a significant pace owing to growing
number of surgical procedures and increase in medical causalities. According to Journal of
Diabetes Research, in 2018, global prevalence of diabetes developing the lifetime risk of person
with foot ulcer is 25%. This is expected to propel demand for advanced wound care products or
bandages which provide relief after treatment of a fresh or moist wound.
The innovations by key players in bandages which are used for covering up the cuts and
scrapes, is another factor that is expected to boost the market growth. For instance, in 2017,
Johnson & Johnson innovated Skin-Flex, a new BAND-AID brand bandage that stay on for 24
hours. One of the properties of this bandage is that it dries instantly and also stays on for 24
hours, even after exposure to water during hand washing.
Furthermore, approvals from regulatory bodies is expected to propel the bandages market
growth. For instance, in February 2019, Axiostat, a wound care product developed in India by
Axio Biosolutions, received U.S. Food and Drug Administration approval. The bandage is
designed to stop uncontrolled bleeding from wounds.
Moreover, increasing incidence of chronic diseases such as diabetic ulcers, pressure ulcers, and
rising geriatric population are factors driving the bandages market. According to the American
Burn Association (ABA), in 2016, 486,000 burn injuries received the medical treatment in the