Self-Adherent Wraps Market to Grow with a CAGR of 5.6% through 2028

The advantages of self-adherent wraps over standard wraps and their rising popularity in the sports and fitness industries are factors driving the Global Self-Adherent Wraps market in the forecast period 2024-2028.

 

According to the TechSci Research rep ort, “Self-Adherent Wraps Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”, the self-adherent wraps market was valued at USD298.2 million in 2022 and is expected to grow at a CAGR 5.6% during the forecast period. The growth of the market is being driven by the increasing demand for these wraps in the healthcare industry, the increasing prevalence of chronic diseases, and the growing popularity of e-commerce.

Self-adherent wraps, commonly known as cohesive bandages or self-adhering bandages, have become essential medical and healthcare products used in various applications. These versatile wraps offer numerous advantages over traditional bandages and tape, making them a preferred choice for wound management, sports injuries, and other medical needs. The self-adherent wraps market has experienced significant growth in recent years, driven by several key factors.

 

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Self-adherent wraps, often referred to as cohesive bandages or self-adhesive bandages, are a vital component of modern wound care and sports medicine. These wraps offer numerous benefits, such as easy application, secure fixation, and minimal discomfort. However, like any industry, the self-adherent wraps market faces a range of challenges that impact its growth and development. The self-adherent wraps market plays a crucial role in wound care and sports medicine, offering numerous advantages to healthcare providers and patients alike. However, it faces several challenges, including market saturation, regulatory compliance, product quality, price sensitivity, counterfeit products, evolving healthcare practices, environmental sustainability, distribution challenges, product education, and changing demographics.

The self-adherent wraps market has been evolving rapidly, driven by advancements in materials, technologies, and changing healthcare needs. These wraps, also known as cohesive bandages or self-adhesive bandages, have gained popularity for their ease of use and versatility in wound care, sports medicine, and other applications. The self-adherent wraps market is undergoing significant transformation driven by innovative materials, customization, sustainability, telemedicine integration, and the rise of smart healthcare solutions. Anticipating and adapting to these trends is crucial for manufacturers and stakeholders to stay competitive and meet the evolving needs of healthcare providers, patients, and athletes. As technology continues to advance and healthcare delivery methods evolve, the self-adherent wraps market is poised for further growth and innovation.

The global Self-Adherent Wraps market is segmented based on type, end use, distribution channel, and region.

Based on the type, the sterile segment is leading the self-adherent wraps market and is expected to grow at a higher CAGR during the forecast period. This is due to the increasing demand for these wraps in hospitals and other healthcare settings. Sterile self-adherent wraps are used to cover open wounds or surgical incisions. They are also used to secure dressings and bandages. Sterile self-adherent wraps are made of materials that are free of bacteria and other microorganisms. This is important to prevent infection in the wound or incision.

Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In 2022, North America emerged as the dominant player in the global Self-Adherent Wraps market in 2022, holding the largest market share. E-commerce is becoming increasingly popular in North America. This is providing consumers with a convenient and efficient way to purchase self-adherent wraps. The healthcare industry in North America is growing rapidly. This is due to the aging population and the increasing incidence of chronic diseases. Self-adherent wraps are used in a variety of settings in the healthcare industry, such as hospitals, clinics, and home healthcare.

 

Major companies operating in the global self-adherent wraps market are:

• 3M Co
• Cardinal Health Inc
• PRIMED Medical Products Inc
• Johnson & Johnson Consumer Inc
• Walgreens Co
• Dynarex Corp
• Milliken & Co
• Medline Industries LP
• Essity AB
• Steroplast Healthcare Ltd

 

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“The self-adherent wraps market has experienced robust growth in recent years, driven by increasing awareness of their versatility and ease of use in wound care, sports medicine, and beyond. Factors such as advanced materials, customization options, sustainability initiatives, and telehealth integration have propelled this market forward. As healthcare practices continue to evolve and consumer demand for user-friendly and innovative products rises, the self-adherent wraps market is expected to sustain its growth trajectory, offering promising opportunities for manufacturers and stakeholders alike.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Self-Adherent Wraps Market By Type (Sterile, Non-Sterile), By End Use (Hospitals, Specialty Clinics, Household Healthcare, Others), By Distribution Channel (Drugs/Pharmacy Stores, Convenience Stores, Online, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of the self-adherent wraps market globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the market of self-adherent wraps globally.

 

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