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Plastic Bandages Market Business Opportunities and Growth Challenges Report

Plastic Bandages: Introduction

  • Plastic bandage is a small part of plastic material used either to support a medical device, such as a dressing or a splint, or to provide support to or restrict the movement of a part of the body. Plastic bandages are used as adhesive strips for abrasions, minor cuts, and puncture wounds.

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  • These bandages protect the wound from dirt, bacteria, and friction. At the time of injury, the healing process slows down. Plastic bandages have antiseptic properties, which help to increase the wound healing process, expect in cases of deep abrasion, burns, and excess bleeding. Plastic bandages are easy to use, store, and cheap. Plastic bandages are mostly adhesive bandages.
  • Plastic materials for adhesive bandages are synthetic, semi synthetic, or organic compounds that are utilized for bandage formation. Plastic adhesive bandages are generally made from a film of polyethylene, polyurethane, or PVC. Plastic bandages are available in a number of sizes and styles.

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Key Drivers and Restraints of Global Plastic Bandages Market

  • Increase in the number of recreational activities, such as adventure sports, hunting, trekking, etc., result in multiple cuts, abrasion, minor injuries, and wounds, which need application of plastic bandages
  • Number of road accidents are also increasing globally. Some of the non-fatal road injuries need rapid application of plastic bandages.
  • According to STANFORD CHILDREN’S HEALTH, more than 3.5 million children aged 14 years or below sustain injuries annually, while playing sports or taking part in recreational activities in the U.S.
  • Rise in incidence rate of domestic as well as workplace injuries are other areas requiring adhesive bandages. Domestic activities, such as cooking, daily work at home, fall, burns due to hot drinks/cooking, , etc., are a major source of injury, especially among women and children.
  • As per an article published in A Secure Life, every year, more than 3.4 million children experience unintentional household injury in the U.S.

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Flexible Fabric Bandages Segment to Witness High Demand

  • Based on type, the global plastic bandages market can be segmented into flexible fabric bandages, cohesive fixation bandages, and others
  • Flexible fabric bandages type segment accounted for the highest share of the global plastic bandages market in 2018. This segment is expected to remain dominant during the forecast period. The dominance of this segment can be ascribed to the rise in incidence rate of injuries, especially in workplace and households resulting in increase in demand for plastic bandages. In addition, flexible fabric bandages are water-resistant.

Hospital Pharmacies Segment to Witness Significant Growth

  • In terms of distribution channel, the global plastic bandages market can be divided into hospital pharmacies, retail pharmacies, and online sales
  • Hospital pharmacies segment generated the highest revenue in 2018 and is anticipated to witness growth during the forecast period. This can be attributed to the rise in cases of accidental injuries and their admission to hospitals and emergency clinics for treatment, better first-aid facilities available at hospitals & clinics, and well-equipped staff with facilities for personal care.
  • Retail pharmacies segment is projected to register highest growth during the forecast period, owing to easy availability of adhesive bandages of different brands and variants at retail stores

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North America to Dominate Global Plastic Bandages Market

  • In terms of region, the global plastic bandages market can be categorized into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America dominated the global plastic bandages market in 2018 and is expected to maintain its leading position during the forecast period. This dominance of the region can be attributed to the rise in demand for plastic bandages, presence of major market players, early adoption of new products, technological advancements, and established distribution channels.
  • This market in Asia Pacific is projected to register highest growth during the forecast period, owing to increase in health care expenditure and improvements in health care facilities

Key Manufacturers Operating in Global Market

The global plastic bandages market was highly fragmented in 2018. Key manufacturers operating in the global market are:

  • Johnson & Johnson Services, Inc.
  • 3M
  • Cardinal Health
  • Medline Industries, Inc.
  • BSN Medical Inc.
  • Beiersdorf
  • Smith & Nephew

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on October 29 at 2:18

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