Plaster Bandagas Market Size, Share, Growth, and Industry Growth by Type (Holding Plaster, Plaster Splint, Plaster Casts, and Plaster Torso) By Application (Upper Limb and Lower Leg Fractures, The Swelling Parts, Limbs and Legs, Fixed Torso, and for Congenital Hip Dislocation), Regional Forecast To 2031

Updated On: 15 April 2024

Plaster Bandagas Market REPORT OVERVIEW

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global plaster bandagas market size was USD 55 Million in 2021 and market is projected to touch 58.71 Million by 2031, exhibiting a CAGR of 2.2% during the forecast period.

Plaster bandagas are a roller bandage and it is a type of surgical dressing. The roller bandage consists of two layers one is inner and outer layer. The dressing comes in different sizes according to the usage purpose.

The demand for the layer is expected to gain popularity due to increased demand from hospitals and clinics. Rapid technological advancement and growing preference for technological advanced products is expected to drive market growth. Further, increased popularity for the product for its important features, which is anticipated to accelerate market progress. Huge need for surgical dressing and the components is made of cotton flannel, polyurethane foam, fiberglass mesh cloths is predicted to drive market growth in the upcoming years. Rapid development in the healthcare sector and well-established healthcare infrastructure. Government regulations to improve healthcare infrastructure, which is projected to boost bandage adoption. Increase prevalence of chronic diseases such as cardiovascular and diabetes is anticipated to surge market progress. Growing geriatric population and rise in number of accidents, trauma cases, and children’s burn injuries is predicted to fuel market progress. The product offers high comfort and it is more effective than traditional methods such as tapes and others. The bandages can be easily washed and it is usually preferred by professional, which is anticipated to push market progress. On the contrary, presence of substitute and high cost of the bandage is expected to harm market progress in the upcoming years.

COVID-19 Impact: Growing Preference for Healthcare Sector during Pandemic to Surge Market Growth

Coronavirus pandemic boosted the demand for the product. Rapid growth in healthcare sector and huge need for wellness product fuel market progress. Growing awareness about health and protecting human lives fuel market progress.

LATEST TRENDS

"Huge Need for Glass Fiber Bandage to Accelerate Market Progress"

The need for glass fiber bandage for its glass fiber properties which provides desired tensile strength. The bandage is available in several shapes and accordingly used for immediate care or first aid, medical knee support, second-aid with moderate compression which is predicted to drive market progress. The fiber helps in reducing inflammation by pulling water away from blood vessel and tissues. The fiber allows oxygen flow into tissue cells. These factors of the bandage help to heal the injuries faster and in an effective way, which is anticipated to boost market progress in the forthcoming years.

Plaster Bandagas Market SEGMENTATION

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• By Type

Based on type, the market is divided into holding plaster, plaster splint, plaster casts, and plaster torso.

Holding plaster is expected to be the top part of the type segmentation

• By Application

Based on the application, the market is divided into upper limb and lower leg fractures, the swelling parts, limbs and legs, fixed torso, and for congenital hip dislocation.

Upper limb and lower leg fractures are expected to be the top part of application segmentation.

DRIVING FACTORS

"Growing Demand from Hospitals and Clinics to Foster Market Progress"

The demand for the layer is expected to gain popularity due to increased demand from hospitals and clinics. Rapid technological advancement and growing preference for technological advanced products is expected to drive market growth. Further, increased popularity for the product for its important features, which is anticipated to accelerate market progress. Huge need for surgical dressing and the components is made of cotton flannel, polyurethane foam, fiberglass mesh cloths is predicted to drive market growth in the upcoming years. Rapid development in the healthcare sector and well-established healthcare infrastructure. Government regulations to improve healthcare infrastructure, which is projected to boost bandage adoption.

"Several Benefits of the Bandage to Surge Market Progress"

Plaster help preventing further injuries from the affected area. The roller bandage consists of two layers one is inner and outer layer. The dressing comes in different sizes according to the usage purpose. Plaster often use after surgeries it is an effective surgical dressing. The plaster is made of fabric or paper which contains organic materials such as flour paste, cotton, sugarcane bagasse, wood pulp or linen rags. Government regulations to improve healthcare infrastructure, which is projected to boost bandage adoption. Increase prevalence of chronic diseases such as cardiovascular and diabetes is anticipated to surge market progress. Growing geriatric population and rise in number of accidents, trauma cases, and children’s burn injuries is predicted to fuel market progress. The product offers high comfort and it is more effective than traditional methods such as tapes and others. The bandages can be easily washed and it is usually preferred by professional, which is anticipated to push market progress.

RESTRAINING FACTORS

"Presence of Alternatives and High Costs to Limit Market Progress"

The presence of substitute and high cost of the bandage is expected to harm market progress in the upcoming years.

Plaster Bandagas Market REGIONAL INSIGHTS

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"Well-Established Healthcare Infrastructural in North America to Drive Market Share  "

North America is expected to account for the largest plaster bandagas market share owing to multinational companies operating in medical industry in the region. Well-established healthcare infrastructural and huge availability of low-cost skilled manpower. Huge manufacturing units and increased prevalence of chronic wound. Government regulations to improve healthcare infrastructure, which is projected to boost bandage adoption. Increase prevalence of chronic diseases such as cardiovascular and diabetes is anticipated to surge market progress. Growing geriatric population and rise in number of accidents, trauma cases, and children’s burn injuries is predicted to fuel market progress.   

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• BSN medical GmbH (Germany)
• Medline Industries (U.S.)
• LandR Group (Canada)
• Johnson and Johnson (U.S.)
• Naugra Medical (India)
• Smith and Nephew plc. (U.K.)
• B. Braun Melsungen AG (Germany)
• Paul Hartmann AG (Germany)
• Goldwin Medicare (India)
• AOV International (India)
• Mediteks (China)
• OS Medical Co., Ltd (Japan)
• BSN MEDICAL (PVT.) LTD (India)
• MandA Medical Supply Co., Ltd (U.S.)
• Winner Medical (China)
• Zhende Medical (China)
• Lianmeng Medical (China)
• Piaoan (China)
• Yongsheng Medical (China)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.