Self-adhesive Elastic Bandage Market was valued at USD 3.1 Billion in 2022 and is projected to reach USD 5.4 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The global self-adhesive elastic bandage market was valued at approximately USD 1.3 billion in 2022 and is projected to reach around USD 1.8 billion by 2027, growing at a compound annual growth rate (CAGR) of 6.8% during this period. The rising prevalence of sports injuries and an increasing number of surgical procedures are driving the demand for self-adhesive elastic bandages. Additionally, the expanding healthcare infrastructure and growing awareness about first aid and injury management are contributing to market growth. The market's expansion is supported by advancements in product technology and the introduction of innovative features in self-adhesive bandages that enhance usability and effectiveness.
Opportunities in the self-adhesive elastic bandage market are further amplified by the increasing focus on personalized healthcare and the rise in healthcare expenditure globally. Emerging markets, particularly in the Asia-Pacific region, present significant growth prospects due to rising disposable incomes and improvements in healthcare systems. Moreover, the development of eco-friendly and biodegradable bandages is expected to cater to the growing consumer preference for sustainable products. The market is also witnessing a surge in demand from home healthcare settings, driven by the rising trend of self-care and preventive health measures.
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3M
Urgo Medical
Zhende Medical
Winner Medical
Cokingmed
HYNAUT
Wuxi Beyon Medical Products Co.
Ltd.
Nanfang Medical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Self-adhesive Elastic Bandage Market
Hospital
Pharmacy
Others
Based on Types the Market is categorized into Below types that held the largest Self-adhesive Elastic Bandage market share In 2023.
Non-woven Self-adhesive Elastic Bandage
Cotton Self-adhesive Elastic Bandage
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Self-adhesive Elastic Bandage Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Self-adhesive Elastic Bandage Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Self-adhesive Elastic Bandage Market, By Type
6. Global Self-adhesive Elastic Bandage Market, By Application
7. Global Self-adhesive Elastic Bandage Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Self-adhesive Elastic Bandage Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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