Adhesive bandages refers to sticking plaster or simply plaster and are usually medical dressings small in size which are used for not-so-serious injuries. Adhesive bandages are known as Elastoplast in the UK and Band-Aid especially in the U.S. Adhesive bandages are used on those injuries which usually don’t require a proper and full sized bandage and are thus used by those patients who have undergone less serious and minor abrasion and have not encountered any major accident but have undergone scratches or cuts on their bodies. British natives term adhesive bandages by the name of plaster as well. Adhesive bandages aids in the protection of cuts or abrasions from dirt, damage, fungi, dust and bacteria as well as result in the process of quick healing of the wound or injury. Adhesive bandages further aid in holding the cut of the ends of the skin together and hence help in fastening the overall healing process.
Rising number of several recreational activities especially by teenagers and children is a major aspect fueling the growth of the global adhesive bandages market. Several other recreational activities including trekking, cycling etc. further results in cuts and abrasions which require the use of adhesive bandages and is a key factor bolstering the demand for adhesive bandages across the globe, thus is expected to drive the global adhesive bandages market over the forecast period. In addition, increasing incidences of cuts during cooking food is further anticipated to accenture the growth of global adhesive bandages market. Moreover, aging population is more likely to get wounds or cuts and it is an another major element driving the overall growth of the global adhesive bandages market. This further helps in the generation of the need for adhesive bandages on the wounds, caused owing to the above mentioned accidents. However, increasing number of allergies among various age group of people from polyurethane and latex related products etc. is one of the major factors anticipated to hamper the growth of the global adhesive bandages market over the forecast period.
The global adhesive bandages market can be divided based on application, product type, material and geography. On the basis of product type, the global adhesive bandages market can be divided into transdermal bandages, special bandages and butterfly stitches. On the basis of application, global adhesive bandages market can be bifurcated into aged 18-40 years, aged 0-18 years, over aged 60 years and aged 40-60 years. Based on material, the global adhesive bandages market can be segmented into woven fabric, plastic and latex. Regionally, the global adhesive bandages market can be divided into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. The robust demand especially in the Asia Pacific region is anticipated to be one of the key driving factors for the overall growth of the global market. Moreover, China is further projected to account for the highest share in the global market and is anticipated to maintain its lead in the overall demand during the forecast period.
This can be attributed to rapid industrialization and increasing urbanization during the past few years. The markets in other developing economies such as Brazil, Argentina, Poland, Russia, Indonesia ,New Zealand and India among others are also expected to witness a rapid growth throughout the forecast period. Moreover, this rising per capita disposable income and surge in the global economy is another main factor which is predictable to bring impetus in the growth of the global.
Key players operating in the global market are aware on some of the major market strategies such as Partnerships, Mergers , collaborations and acquisitions in order to keep hold in the ever competitive global market. Moreover, they are focusing on increasing the hold on the local players to strengthen their good will as well as to improve their market reach in the global market. Key players involved in the manufacture and supply of global adhesive bandages include Johnson and Johnson, Medline Industries, Inc., Smith & Nephew plc, 3M, Argentum Medical, B. Braun Melsungen AG ,Kinetic Concepts, Inc. and ConvaTec, Inc. among others.
The global adhesive bandages market can be segmented:
• Transdermal bandages
• Special bandages
• Butterfly stitches
• Aged 18-40 years
• Aged 0-18 years
• Over aged 60 years
• Aged 40-60 years
• Woven fabric
• North America
• Latin America
• Middle East & Africa
• Asia Pacific