Press Release

Europe Compression Bandages Market to Witness a Healthy CAGR of 5.2%; Advent of Efficient Pressure Bandages to Provide Impetus, says Fortune Business Insights

The “Europe compression bandages market” will derive growth from recent product advancements by major companies. According to a report published by Fortune Business Insights, titled “Europe Compression Bandages Market Size, Share & Industry Analysis, By Product (Short Stretch Bandages, Long Stretch Bandages, Multilayer Compression Bandages), By Material (Polyester, Latex, Cotton, Others), By Application (Wound Management, Deep Vein Thrombosis, Lymphedema, Others), By End-user (Hospitals & Ambulatory Surgical Centers, Clinics, Nursing Care Centers & Skilled Nursing Facilities, Home Care, Others) and Regional Forecast, 2019-2026,” the market was valued at USD 340.4 Million in 2018 is projected to reach USD 510.9 Million by 2026, exhibiting a CAGR of 5.2% during the forecast period.

Compression is a potent therapy that has been successfully used in surgical procedures for a long time. The benefits of this method in managing ulcers and other disorders has led to a huge adoption across the world. Venous leg ulceration (VLU) and chronic venous insufficiency (CVI) are two of the most common types of ulcers anywhere around the world. The key to successful treatment of these types of ulcers lies in the use of compression processes. Compression plays a huge part in reducing lymphoedema and massively helps in reducing ulcers. The adoption of advanced technologies in several countries across Europe will aid the growth of the Europe compression bandages market in the forthcoming years.

The report provides a detailed analysis of the Europe compression bandages market and highlights key companies in the market. Fortune Business Insights analyzes some of the most attractive business strategies that these companies have adopted in recent years and gauges the impact of these strategies on the Europe compression bandages market. Additionally, the report highlights the leading players in the regional market.

Request a Sample Copy of the Research Report

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Please Visit: https://www.fortunebusinessinsights.com/industry-reports/europe-compression-bandages-market-101405

Short Stretch Bandages Will Account for the Highest Compression Bandages Market Share in Europe

Among all product types, the short stretch bandages will witness the highest market share in the coming years due to exceptional product properties. Some of the exceptional properties include reduced cost and reusability of the product. Among all product types, the short stretch bandages will generate the highest compression bandages market revenue in the coming years. The short stretch bandages accounted for 37.4% of the overall market in 2018. Short stretch bandages possess comparatively low elasticity than other types, but can withstand high pressure. Fortune Business Insights has highlighted the short stretch bandages segment to emerge leading in the coming years.

Quick Buy Europe Compression Bandages Market

Hospitals and Ambulatory Centers to Hold a Leading Position

On the basis of end user, the market is segmented into Hospitals & Ambulatory Surgical Centers, Clinics, Nursing Care Centers & Skilled Nursing Facilities, Home Care, Others. The hospitals and ambulatory surgical centers segment will hold the highest share of the Europe compression bandages market in the coming years. Due to the high demand and adoption of compression bandages, the hospitals and ambulatory surgical centers accounted for almost 41.7% of the total market share. Having said that, the home care segment is likely to witness a high CAGR during the forecast period. Fortune Business Insights has predicted that this segment will witness a CAGR of 6.7% by the end of 2026. The availability of compression bandages directly to the customers will aid the growth of this segment in the coming years.

Some of the leading companies that are operating in the Europe compression bandages market are:

  • Essity (BSN medical GmbH)
  • Paul Hartmann AG
  • Smith & Nephew plc
  • Mölnlycke Health Care AB
  • Lohmann & Rauscher GmbH & Co. KG
  • Braun Melsungen AG
  • 3M
  • Cardinal Health
  • ConvaTec Group PLC
  • Other Prominent Players

Have Any Query? Ask Our Experts

Table Of Content

  • Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Key Insights
  • Prevalence of Key Indications, 2017
  • Cost Burden of Chronic Wounds in Europe, 2018
  • New Developments in Wound Care
  • Pricing Overview- End User
  • Margin Data
  • Key Industry Developments

Toc Continue…

Related Reports

Acute Bacterial Skin and Skin Structure Infections Treatment Market Competitive Landscape

Acute Bacterial Skin and Skin Structure Infections Treatment Market Demand

Acute Bacterial Skin and Skin Structure Infections Treatment Market Key Players

Acute Bacterial Skin and Skin Structure Infections Treatment Market Business Opportunities

Acute Bacterial Skin and Skin Structure Infections Treatment Market Analysis

Acute Bacterial Skin and Skin Structure Infections Treatment Market Growth

Hepatitis C Drug Market Analysis

Hepatitis C Drug Market Business Opportunities

Hepatitis C Drug Market Key Players

Hepatitis C Drug Market Demand

Hepatitis C Drug Market Competitive Landscape

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email:[email protected]

LinkedIn | Twitter | Blogs

Tags

Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close