Bandages Market Remarking Enormous Growth with Current Trends & Demands through 2026

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Bandages
Bandages

A bandage is a woven textile strip used to close a wound and protect an injured body part. The main purpose of bandages is to support the dressing that is applied to a specific portion of the body in order to restrict mobility of that part, resulting in a reduction in discomfort or edoema. Bandages come in a variety of shapes and sizes, ranging from generic fabric strips to specialty shaped bandages for a certain limb or portion of the body.

Because of the increasing number of surgical procedures and medical casualties, the Bandages Market is predicted to rise rapidly. According to the Journal of Diabetes Research, the lifetime chance of having a foot ulcer in people with diabetes is 25% in 2018. This is likely to increase demand for advanced wound care products, such as bandages that provide relief after treating a fresh or moist wound. Another factor that is predicted to support market expansion is leading companies' improvements in bandages, which are used to cover cuts and scrapes. For example, Johnson & Johnson introduced Skin-Flex, a new BAND-AID brand bandage that stays on for 24 hours, in 2017. This bandage has the advantage of drying quickly and staying on for up to 24 hours, even after being exposed to water during hand washing.

Furthermore, factors boosting the bandages market include the increased incidence of chronic disorders such as diabetic ulcers and pressure ulcers, as well as the growing elderly population. According to the American Burn Association (ABA), 486,000 burn injuries were treated in the United States in 2016. Throughout the forecast period, the incidence of burn cases, as well as the burden of surgeries and trauma cases, are projected to fuel expansion in the Bandages Market. The worldwide bandages market may be held back by rising awareness of advanced wound care solutions that can be used instead of bandages. Advanced wound care solutions can successfully shorten the time it takes for a wound to heal, which may limit demand for bandages.

The global Bandages Market is segmented into North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Because of the increased number of orthopaedic surgeries performed in the United States, North America is likely to have a dominating position in the global bandages market over the forecast period. Because of the rising frequency of chronic wounds, reimbursement regulations, and an ageing population, North America dominated the worldwide bandages market in 2018.

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