dominated by North America due to increasing incidence of chronic wounds, reimbursement
policies, and increasing geriatric population.
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Moreover, key players in the global bandages market are engaged in business strategies such as
partnerships and product development such as new wound dressing for treatment of chronic and
non-chronic wounds ranging from diabetic foot and pressure ulcers, venous leg ulcers, to
trauma wounds and surgical wounds. For instance, on December 2017, Navamedic ASA
announced that it has entered into an agreement with Chemviron Carbon Ltd. for the launch
and commercialization of Zorflex, a 100% activated carbon wound contact dressing which helps
to accelerate the treatment of chronic and non-chronic wounds.
Asia Pacific is projected to be the fastest growing market over the forecast period due to the
presence of key players and healthcare organizations in the region, as well as the rise in
geriatric and diabetes prone population.
Bandages Market- Competitive Analysis
Key players operating in the global bandages market include 3M, Medtronic, Derma Sciences
Inc., Johnson and Johnson Consumer Inc., Medline Industries Inc., B. Braun Melsungen AG,
Smith & Nephew, Avcor Healthcare Products, Lohmann & Rauscher and Dermarite Industries,
LLC.
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