Compression therapy is used as a first line of treatment for venous leg ulcers and ischemic ulcers. Advantages such as simple application procedure, enhanced patient concordance, and reduced slippage make compression bandages an effective treatment method for chronic wound management. Compression bandages can be re-usable or disposable. The compression induces vascular changes at the wound site by forcing blood and plasma from the interstitial spaces back into the lymphatic and vascular compartments.
Read Report Overview -
https://www.transparencymarketresearch.com/compression-bandages-market.html
Rise in prevalence of venous leg ulcer, increase in physicians’ interest in improving quality of patients’ life, rise in manufacturer focus on business expansion in potential developing regions, and affordability of compression bandages are the major factors expected to drive the global compression bandages market during the forecast period. However, rise in adoption of advanced wound care active therapies to reduce the risk of infection is likely to restrain the global compression bandages market during the forecast period.
The global compression bandages market can be segmented based on product, material, application, region, and end-user. Based on product, the global compression bandages market can be divided into multilayer compression bandages, short stretch compression bandages, and long stretch compression bandages. The multilayer compression bandages segment is anticipated to expand at a rapid pace primarily due to increase in focus of manufacturers on developing products with a higher life cycle and lower frequency of replacements.
Request Brochure of Report -
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=42002
In terms of material, the global compression bandages market can be classified into polyester, latex, and others. The other material types include cotton and other material types. Based on application, the global compression bandages market can be categorized into wound management, trauma, deep vein thrombosis, lymphedema, and others. The wound management segment can be further divided into venous ulcers, arterial ulcers, diabetic foot ulcers, and other lower limb ulcers.
In terms of end-user, the global compression bandages market can be segmented into hospitals, long term care centers, clinics, skilled nursing facilities, ambulatory surgical centers, home-use, and other outpatient settings. The hospital segment is estimated to hold major market share throughout the forecast period, due to the improving health care infrastructure in developing countries and increasing group purchasing policies employed by multispecialty hospitals.
Request for TOC @
https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=42002
In terms of region, the global compression bandages market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to account for a dominant market share during the forecast period owing to presence of favorable reimbursement policies, significant economic burden of chronic wounds, and strong brand value of existing major market players with established distribution networks.
The compression bandages market in Asia Pacific is likely to expand at a rapid CAGR in terms of value during the forecast period. Some of the major reasons behind this are significant population base for diabetes and obesity resulting in rise in incidence rates of chronic wounds, increase in patient demand for affordable care, and rise in physician preference for compression therapy in treatment of venous leg ulcers with an objective of improving quality of patients’ life, among others.
Pre Book Compression Bandages Market Report at
https://www.transparencymarketresearch.com/checkout.php?rep_id=42002<ype=S
The wound care treatment is characterized with unmet clinical need of edema and exudate management. The major market players are focused on development of innovative products to address this unmet medical need, which serve as major opportunities for the growth of global compression bandages market during the forecast period. The strong emergence of local manufacturers offering products at lower average selling prices is resulting in reduced exports and rise in domestic sales of compression bandages. This is seen as a characteristic trend among high expansion potential developing countries in global compression bandages market. The prominent players operating in the global compression bandages market are 3M, Cardinal Health, ConvaTec Inc., BSN medical, PAUL HARTMANN AG, Smith & Nephew plc, Andover Healthcare, Inc., Mölnlycke Health Care AB, Beiersdorf AG, Baxter International Inc, among others.
More Trending Reports by Transparency Market Research –
Viral Vector & Plasmid DNA Manufacturing Market:
Virus Filtration Market:
About Us
Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Arabic
Français
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian
Kiswahili