Pressure Bandages Market Revenue is Expected to Grow at a CAGR of 3.3% by 2027

VALLEY COTTAGE, N.Y. – According to a new report by Future Market Insights titled “Pressure Bandages Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027),” the global pressure bandages market is estimated to grow from US$ 186.5 Mn in 2017 to US$ 257.4 Mn by 2027 end. This reflects a CAGR of 3.3% over the forecast period 2017– 2027. The global market represents absolute $ opportunity of US$ 5.1 Mn in 2018 over 2017 and incremental opportunity of US$ 70.9 Mn between 2017 and 2027. North America is currently the most lucrative regional market for pressure bandages, followed by Western Europe and APEJ. However, in terms of annual growth, the Latin America pressure bandages market is anticipated to experience the highest CAGR of 3.9% during 2017-2027.

Global Pressure Bandages Market: Opportunities

• Penetration of orthopaedic treatments in emerging economies including Asia Pacific and MEA is still not as widespread as compared to North America and Europe. This is owing to low awareness regarding advanced wound management and associated risk factors amongst the general as well as obese population
• The retail e-commerce channel has gained significant attraction from consumers in the last few years, and is expected to show rapidly increasing adoption over the forecast period. Sales of pressure bandages through e-commerce have also increased in the last few years with e-commerce companies providing attractive discounts to their customers

Download the sample copy of Report with table of contents and Figures @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1966

Global Pressure Bandages Market: Forecast by Product Type

On the basis of product type, the global market for pressure bandages is segmented into short stretch bandages, long stretch bandages and multi-layer compression systems. In terms of value, short stretch bandages are likely to dominate the market throughout the period of forecast, while the long stretch bandages segment is expected to be the fastest growing segment during 2017-2027.

Global Pressure Bandages Market: Forecast by Application

Segmentation by application includes lymphedema, leg ulcers, deep vein thrombosis and others. The leg ulcers segment is expected to be the most lucrative market for pressure bandages, with an attractiveness index of 1.9, while lymphedema is expected to remain the least attractive in the global market in revenue terms over the forecast period.

Preview Analysis of Pressure Bandages Market: Rising Adoption of Long Stretch Bandages to be Witnessed During the Forecast Period: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027): https://www.futuremarketinsights.com/reports/pressure-bandages-market

Global Pressure Bandages Market: Forecast by Raw Material

The different segments by raw material include cotton, latex, polyester, and others. Cotton dominated the pressure bandages market in revenue terms in 2016, and the trend is projected to continue throughout the forecast period.

Global Pressure Bandages Market: Forecast by Distribution Channel

On the basis of distribution channel, the global pressure bandages market is segmented into retail stores, online stores, hypermarkets & supermarkets, pharmacies and clinics. Retail stores and online pharmacies segments are expected to reflect an attractiveness index of 1.8 over the forecast period. The retail stores segment accounted for a market share of 41.4% in 2016.

Buy this report @ https://www.futuremarketinsights.com/checkout/1966

Global Pressure Bandages Market: Forecast by Region

The seven key geographies of North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA have been covered in this report. North America dominated the pressure bandages market in revenue terms in 2016, and the trend is projected to continue throughout the forecast period. MEA and Japan are expected to remain least attractive in the global market in revenue terms, with a market attractiveness index of 0.2 over the forecast period.

Global Pressure Bandages Market: Key Players

Some of the key players in the global pressure bandages market profiled in the report are BSN Medical (Svenska Cellulosa Aktiebolaget SCA), Smith & Nephew, 3M Inc., Medtronic Plc., Cardinal Health and ConvaTec Inc.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-1966

More from Healthcare, Pharmaceuticals and Medical devices Insights:

• Dialysis Equipment Market
• Pulmonary Arterial Hypertension Treatment Market
• Whole Genome Amplification Market

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us
Mr. Abhishek Budholiya
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44-(0)-20-7692-8790 
Sales: sales@futuremarketinsights.com  
Press Office: Press@futuremarketinsights.com  
Blog: Market Research Blog  
Website: https://www.futuremarketinsights.com/