Size, Growth, Trends Till 2031
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Bandages Market Bandages Market Scope: Industry Analysis, Market
Bandages Market Size and Growth
The bandages market is projected to experience steady growth due to an increase in accidents and injuries. The market size is estimated to reach $10.3 billion by 2025, driven by rising healthcare expenditure and awareness about wound care. Key players include 3M, Johnson & Johnson, and Smith & Nephew.
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Companies Covered (Covid 19 Impact Covered)
◍ Zee Medical
◍ 3M
◍ Johnson & Johnson
◍ Beiersdorf
◍ Medline Industries
◍ Smith & Nephew
◍ Yunnan Baiyao
◍ Medtronic
◍ ConvaTec
◍ Lohmann & Rauscher
◍ Acelity
◍ B. Braun Melsungen AG
The bandages market is highly competitive with key players such as 3M, Johnson & Johnson, and Smith & Nephew dominating the market. These companies offer a wide range of bandage products for various applications. Through strategic partnerships, acquisitions, and product innovation, these companies drive growth in the bandages market.
- 3M reported sales revenue of $32.2 billion in 2020.
- Johnson & Johnson reported sales revenue of $82.6 billion in 2020.
- Smith & Nephew reported sales revenue of $5.1 billion in 2020.
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Market Segmentation
By Application
◍ Hospital & Clinic
◍ Military
◍ Home Care
◍ Others
By Product
◍ Cotton Gauze Bandage
◍ Elastic Bandage
◍ Others
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Market Growth
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$ X Billion USD
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