Elastic Bandages Market Analysis & Forecast 2024-2030

Global Elastic Bandages Market is expected to reach USD 7431.86 million by 2031 with CAGR of 6.2 % between 2025 and 2031

An elastic bandage is a "stretchable bandage used to create localized pressure. The modern elastic bandage is constructed from cotton, polyester and latex-free elastic yarns. Elastic bandages are made by varying the ratio of cotton, polyester, and the elastic yarns within a bandage. These cotton and elastic wraps that help support injured body parts like, arms, wrists, elbows, ankles, knees, and legs.  

Various Elastic Bandages available in market like woven Elastic Bandage, Latex Free (Non-Sterile) Woven Elastic Bandage, Latex Free (Sterile), non-sterile /latex free, Self-Closure Elastic Bandage (Non-Sterile/Latex Free). These elastic bandages provide absorbency, breathability, and durability for reuse. Bandages function as multi-layer systems where compression generating layers are combined with padding. The properties and characteristics of the compression generating layer (elastic bandage layer) are the most important, which determine the interface pressure levels.  

The Bandages can be of categories like General and Colored. Due to the high quality, natural fibres used, the Colored Compression Elastic Bandage is non-allergenic and eliminates the risk of itching. Its soft-strong texture permits blood circulation and thus it can easily be applied to all areas when required for long periods. Colored Elastic Bandage can be used in the treatment of varicose, orthopedic use, sportive traumas, soft-tissue tractions, and surgeries. It has 150 % elasticity and comes with two clips to fix the bandage.  

The Elastic Bandages are used in upper limbs and lower limbs

For lower limbs the bandages are used to cure fractures, hairlines fractures, joint dislocation, varicose veins, orthopaedic procedures, ankle sprains, thigh cramps, muscle pulls, deep cuts, accidental amputations. Elastic Bandages for lower limbs are widely used by athletes and its sale is very high during the sports seasons like matches, Olympics, and national games. For upper limbs the bandages are used to treat joint dislocations, hairline fractures, swellings, acute injuries and to provide support to injured soft tissues. They are used in scenarios like shoulder spica, elbow figure eight, hand wrist figure eight and compression dressings.  

The general Bandage is composed of polyester, cotton, and latex. Since it is mostly first grade, 100 % cotton, it is non-allergenic and does not cause any itching. It can be used in all areas where medium-level support is required, such as muscular pains and bruises. It has 125 % elasticity and comes with two (2) metal or rubber clips – depending upon request- to fasten the bandage. Colored bandages are more popular in use as they look attractive rather than the plain general bandage and are widely used by athletes due to its high-quality fibres. In terms of price the Colored Bandages cost about $0.35 whereas the general bandages are a tad bit cheaper with the cost of $0.04. Export markets of general bandages include Eastern Europe, Southeast Asia, Mid East, North America, and Eastern Asia. Those of Colored Bandages include North America, Africa, Southeast Asia, and Mid East.  

The elastic bandage market segmented based on applications into specialist retailers, factory outfits and internet sales. The growing e- commerce market is helping the internet sales grow at a rapid pace. The growing tourism industry has provided major boost to the global bandages market as more people are shifting their preferences to light weight and compact bandages carrying options. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period 2024 to 2030.By end-user, market segmentation includes hospitals, clinics, home care settings and ambulatory surgery centers. Among these, Hospitals are expected to dominate the global medical tapes and bandages market. By the end of 2023, hospitals are estimated to account for more than half of the revenue share.  

Based on the application, surgical wound treatments are expected to emerge as the largest segment in terms of application. Geographically, the global medical tapes and bandages market is categorized into Europe, North America, Asia Pacific Excluding Japan (APEJ), Latin America, Japan, and the Middle East and Africa (MEA). Among these, North America is expected to dominate the global medical tapes and bandages market. Prevalence of chronic wounds, orthopedic injuries and rise in the surgeries are resulting in the increasing use of bandages and medical tapes in the region. Meanwhile, APEJ and Europe are also expected to witness growth during the forecast period 2018-23.  

Elastic Bandages Market: Product Type

• General Elastic Bandages
• Colored Elastic Bandages

Elastic Bandages Market: Manufacturing Material

• Cotton
• Polyester
• Latex-free elastic yarns

Elastic Bandages Market: Applications

• Muscle sprains
• Muscle strains
• Bone fractures
• Splint protection
• Sports medicine
• Orthopedists

Elastic Bandages Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Animals Wearing Clothes Market:

• 3M
• CardinalHealth
• Avcor Health Care
• Tetra Medical Supply Corp
• Paul Hartmann
• Covidien
• Kerma Medical Products
• DeRoyal Industries
• BSN Medical Inc
• Patterson Medical
• DJO Global
• Alimed
• Andover Healthcare
• Anji FangYuan Sanitary Material
• Anji Jixiang
• Zhejiang Dongyang Dongsheng Medical Dressing
• Anji Chaoqiang Bandage Weaving Factory
• Hubei Joy Bone Medical Products
• GSPmed

Geographical analysis of Elastic Bandages Market:

• North America
  • U.S.A
  • Canada
• Europe
  • France
  • Germany
  • Spain
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
• Latin America
  • Brazil
• Middle East and Africa

Global Elastic Bandages Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2024-2030
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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