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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Rising Prevalence of Acute Injuries Driving the Demand for Compression Bandages
The prevalence of acute injuries, such as sprains and strains, and diseases like lymphedema and deep vein thrombosis is leading to the increased use of compression bandages to reduce pain and swelling. The rising geriatric population and the growing awareness about the importance of compression bandages in improving the patient’s quality of life have resulted in the steady growth of the Europe compression bandages market. The availability of compression badges in various types and materials and the increasing preference for cotton bandages due to their exceptional characteristics like air permeability as well as the prevalence of latex allergy are contributing to the market expansion. The easy availability of compression bandages through e-commerce channels is also aiding the market. The expanding homecare segment, the availability of improved dressing facilities, and the high living standards enable the population to afford compression bandages. The strong presence of market players, availability of superior quality compression bandages, and the introduction of several new compression materials and textile weaving techniques in the region are expected to augment the market over the forecast period.
Europe Compression Bandages Market Report Snapshots
Europe Compression Bandages Market Size
Europe Compression Bandages Market Growth
Europe Compression Bandages Market Demand
Europe Compression Bandages Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the Europe compression bandages market attained a value of nearly USD 442.27 million.
The market is assessed to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 709.98 million by 2032.
The major market drivers include the availability of compression bandages in various types and materials, rising demand for cotton bandages, presence of skilled healthcare staff, expanding dressing facilities and e-commerce, improved living standards, and rising demand for short stretch compression bandages.
The key trends guiding the growth of the market include the rising prevalence of acute injuries and diseases like lymphedema, availability of superior quality compression bandages, introduction of several new compression materials and textile weaving techniques, and strong presence of market players.
The major regions are the United Kingdom, Germany, France, and Italy, among others.
The significant products include long stretch bandages, multilayer compression bandages, and short stretch bandages.
The various materials of compression bandages include latex, cotton, and polyester, among others.
The major end users of compression bandages include clinics, nursing care centres and skilled nursing facilities, hospital and ambulatory surgical centres, and home care, among others.
The different applications of compression bandages include deep vein thrombosis, lymphedema, and wound management, among others.
The major players in the market are 3M Company, Hartmann Group, Smith & Nephew PLC, Mölnlycke Health Care AB, and Cardinal Health, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124