Global Saudi Arabia Medical Bandages Market Size, Share, Forecast Report, 2020-2027

The medical bandages market accounted for $136 million in 2018, and is expected to reach $213 million by 2026, registering a CAGR of 5.7% from 2019 to 2026.

A medical bandage is a piece or strip of a material such as cloth and others, which is employed in wound management. In addition, these medical bandages are employed in providing support to a wound dressing. Furthermore, these bandages are also used in keeping the wound clean and free from foreign material. The other uses of medical bandages include, providing firm pressure to restrict the blood flow to the site of an injury. This restriction of blood flow leads to reduction of inflammation at the site of injury. Thus, there are different types of medical bandages present in the market such as gauze bandage, adhesive bandage, cohesive bandage, and others. Furthermore, these bandages have different mechanisms in wound care. For instance, cohesive bandages do not adhere well to other surfaces such as skin and hair or other materials. Thus, cohesive bandages are ideal for wrapping limbs without the commonly associated pain of waxing the hair off skin during the removal of the bandage. Similarly, adhesive bandages are short-to-medium in size, which can stick to the skin by means of acrylic adhesives or zinc oxide glue. In addition, adhesive bandages are used in providing self-care for infected or deep bleeding wounds that require immediate medical attention. Moreover, medical bandages are utilized in the treatment of different types of wounds such as surgical wounds, traumatic & laceration wounds, burns, ulcers and others.
Surge in number of sport injuries is the major factor that fuels the Saudi Arabia medical bandages market growth. Furthermore, other factors such as rise in number of surgical procedures and increase in healthcare expenditure fuel the growth of the market. Moreover, rise in demand for medical bandages and surge in the number of accident cases contributes toward the growth of the market. In addition, there has been a rapid rise in geriatric population in Saudi Arabia, which leads to surge in prevalence of chronic disorders such as prostate cancer, benign prostatic hyperplasia, atherosclerosis, and others. Furthermore, these chronic conditions require surgical procedures for treatment, which in turn require the use of medical bandages. Thus, surge in geriatric population is a major factor that fuels the Saudi Arabia medical bandages market growth of the medical bandages market in Saudi Arabia.
Saudi Arabia Medical Bandage smarket Segmentation
The medical bandages market is segmented on the basis of product, application, and end user to provide a detailed assessment of the market. By product, the market is divided into gauze bandage, adhesive bandage, cohesive bandages and elastic bandage. By application, it is classified into surgical wounds, traumatic & laceration wounds, burns, ulcers, sport injuries and other wounds. By end user, the Saudi Arabia medical bandage market size is studied for hospitals, clinics and ambulatory surgical centers.

Segment Review
On the basis of product, the market is divided into gauze bandage, adhesive bandage, cohesive bandages, and elastic bandage. The gauze bandage segment acquired the major Saudi Arabia medical bandage market share of the medical bandages market and is expected to exhibit the fastest growth rate during the forecast period. The growth of this segment is attributed to its greater usage in various surgical procedures. In addition, gauze bandages serve various applications such as cleansing, packing, scrubbing, covering, and securing in a variety of wounds, which contribute to the growth of this segment. The other factor includes easy affordability as the gauze bandages are cheap as compared to other types of bandages, which also boost the growth of the gauze bandage market
By application, the market is segmented into surgical wounds, traumatic & laceration wounds, burns, ulcers, sport injuries, and other wounds. The surgical wound segment dominated the Saudi Arabia medical bandages market in 2018 and is anticipated to maintain its dominance during the forecast period. This is due to surge in number of surgical procedures performed in Saudi Arabia, which lead to rise in demand for medical bandages.
By end user, the market is segmented into hospitals, clinics and ambulatory surgical centers. The hospitals segment occupied the largest share of the market in 2018 and is expected to maintain its dominance during the forecast period. The growth of this segment is attributed to presence of large number of hospitals in the country. The other factors that contribute to the growth of the segment include surge in the healthcare expenditure, which leads to rise in demand for medical bandages. Furthermore, the ambulatory surgical centers segment is expected to exhibit the fastest growth rate during the forecast period. This is attributed to rise in the number of ambulatory surgical centers across the country and surge in the adoption of minimally invasive surgical procedures that are performed in ambulatory surgical centers.
The Saudi Arabia medical bandages market is highly competitive, and prominent players have adopted various strategies for garnering maximum Saudi Arabia medical bandage market share. These include collaboration, product launch, partnership, and acquisition. Major players operating in the market include The National Medical Products Co., Ltd., (Damad), Dukal Corporation, Dynarex Corporation., Medline Industries, Inc., DeRoyal Industries, Inc., NICHIBAN Co., Ltd., Smith & Nephew plc, The 3M Company, Medtronic plc., and Cardinal Health.

Key Benefits For Stakeholders

• This report entails a detailed quantitative analysis along with the current Saudi Arabia medical bandages market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment.

• The Saudi Arabia medical bandages market forecast is studied from 2019 to 2026. 

• The Saudi Arabia medical bandages market size and estimations are based on a comprehensive analysis of key developments in the industry.

• A qualitative analysis based on innovative products facilitates strategic business planning.

• The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market

Key Market Segments

By Product 

• Gauze bandage 
• Adhesive Bandage
• Cohesive Bandages
• Elastic bandage 

By Application

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

By End User 

• Hospitals
• Clinics
• Ambulatory Surgical Centers