Market Research

Saudi Arabia Medical Bandages Market: Growth, Trends and Forecasts (2019-2026)

Jul 17, 2020 11:18 AM ET

iCrowd Newswire – Jul 17, 2020

The Saudi Arabia Medical Bandages Market is estimated to grow at a CAGR of 5.7% during the forecast period 2019-2026. As per the detailed market study, the regional market was valued $136 million in the year 2018, and is anticipated to reach $213 million by the end of the year 2026.

GET FREE SAMPLE COPY @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR836

Medical bandages are strip or a piece of cloth made up of cotton which is used for wound management in the form of binding a dressing to the wound and to apply a firm pressure to a soft tissue injury. These bandages are used to protect and treat laceration and traumatic wounds and burn wounds. The market is flourished with a wide range of medical bandages such as elastic bandage, adhesive bandages, gauze bandages and cohesive bandages.

The Saudi Arabia medical bandages market is driven by various growth factors such as growth in number of sport injuries, increase in surgical procedures and growth healthcare expenditure. Also, surge in the number of accident cases and rise in demand for medial bandages considering wound management support the market growth over the forecast period. Moreover, rapid rise in geriatric population in Saudi Arabia act as a driving factor considering increase in prevalence of chronic disorders such as atherosclerosis, benign prostatic hyperplasia, prostate cancer and others that require surgical procedures for treatment and usage of medical bandages. Also, increasing awareness related to benefits of the usage of medical bandages contribute to the market growth over the forecast period. Whereas, availability of advanced wound care products such as hydrogel dressing, alginate dressing, silicone dressing and others restraint the market growth over the future period. On the contrary, easy accessibility of healthcare services in the region offer lucrative opportunities for the market players operating in the Saudi Arabia Medical Bandages Market.

Segmentation Overview of the Saudi Arabia Medical Bandages Market

The Saudi Arabia medical bandages is categorized on the basis of various market segments that include product, application and end-user. These market segments are further categorized into various sub-segments to study the market in detail.

The Product Segment of the Saudi Arabia Medical Bandages Market is Sub-Segmented into:

  • Elastic bandages
  • Cohesive Bandages
  • Adhesive Bandages
  • Gauze Bandages

The Application Segment of the Saudi Arabia Medical Bandages Market is Sub-Segmented into:

  • Sport Injuries
  • Ulcers
  • Burns
  • Traumatic & Laceration Wounds
  • Surgical wounds
  • Other Wounds

The End-User Segment of the Saudi Arabia Medical Bandages Market is Sub-Segmented into:

  • Ambulatory Surgical Centres
  • Hospitals
  • Clinics

Competitive Insights of the Saudi Arabia Medical Bandages Market

Beiersdorf, Nitto Denko Corporation, The 3M Company, The National Medical Products Co., Ltd., (Damad), Smith & Nephew plc, NICHIBAN Co., Ltd., Medtronic plc, Medline Industries, Inc., Dynarex Corporation, Dukal Corporation, DeRoyal Industries, Inc. and Cardinal Health among others are some major players included in the research study of the Saudi Arabia Medical Bandages Market. The market players are adopting various competitive strategies to acquire majority of the market share which include collaboration, product launch, partnership, merger and acquisitions and business expansion among other strategical moves in the Saudi Arabia Medical Bandages Market.

READ FULL REPORT @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR836

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is “one-stop solution” for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:

Report Ocean

Name: Pragya Niranjan

Email: [email protected]

Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 – UNITED STATES

Tel: +1 888 212 3539 (US – TOLL FREE)

Website: https://www.reportocean.com/

Contact Information:

+1 888 212 3539


iCrowdNewswire

Keywords:    Saudi Arabia Medical Bandages Market

Add Comment

Click here to post a comment

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