Europe Compression Bandages Market Rising in United States | Fortune Business Insights
The Europe compression bandages market will derive growth from recent product advancements by major companies. According to a report published by Fortune Business Insights, titled “Europe Compression Bandages Market Size, Share & Industry Analysis, By Product (Short Stretch Bandages, Long Stretch Bandages, Multilayer Compression Bandages), By Material (Polyester, Latex, Cotton, Others), By Application (Wound Management, Deep Vein Thrombosis, Lymphedema, Others), By End-user (Hospitals & Ambulatory Surgical Centers, Clinics, Nursing Care Centers & Skilled Nursing Facilities, Home Care, Others) and Regional Forecast, 2019-2026,” the market was valued at USD 340.4 Million in 2018 is projected to reach USD 510.9 Million by 2026, exhibiting a CAGR of 5.2% during the forecast period.
Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/sample/europe-compression-bandages-market-101405
Compression is a potent therapy that
has been successfully used in surgical procedures for a long time. The benefits
of this method in managing ulcers and other disorders has led to a huge
adoption across the world. Venous leg ulceration (VLU) and chronic venous
insufficiency (CVI) are two of the most common types of ulcers anywhere around
the world. The key to successful treatment of these types of ulcers lies in the
use of compression processes. Compression plays a huge part in reducing
lymphoedema and massively helps in reducing ulcers. The adoption of advanced
technologies in several countries across Europe will aid the growth of the
Europe compression bandages market in the forthcoming years.
The report provides a detailed
analysis of the Europe compression bandages market and highlights key companies
in the market. Fortune Business Insights analyzes some of the most attractive
business strategies that these companies have adopted in recent years and
gauges the impact of these strategies on the Europe compression bandages
market. Additionally, the report highlights the leading players in the regional
market.
Advent of Clinically Effective Pressure
Bandages Forecast to Enable Market Growth
Diseases such as
lymphoedema and other venous diseases possess several health risks. As a result
of the high severity of these disorders, it is essential to diagnose and treat
the conditions at an early stage. The efficiency of compression therapy towards
the treatment of several types of edema, coupled with the increased awareness
regarding the side effects of such disorders will constitute an increase in the
Europe compression bandages market size in the coming years. The efficacy of
compression bandages hugely depends on the amount and precision of pressure
that they exert on the related area. Therefore, the introduction of compression
bandages with a broad pressure range will help companies generate substantial
revenue in the Europe compression bandages industry in the forthcoming years.
Speak
To Our Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/europe-compression-bandages-market-101405
Increasing Mergers and Acquisitions Will
Offer Huge Potential for Growth
The Europe
compression bandages market growth has seen contribution from a host of
companies. With a view to expand their businesses, companies are adopting
several strategies. Fortune Business Insights has identified the increasing
number of mergers and acquisitions as one of the leading strategies adopted by
several major companies. In May 2019, 3M announced the acquisition of Acelity
Inc. and its KCI subsidiaries to expand in the Europe compression bandages
market and subsequently establish a strong presence in the healthcare industry.
Similarly, in January 2019, Mölnlycke Health Care AB completed the acquisition
of M&J Airlaid Products A/S with a view to better its compression bandages
product portfolio. Fortune Business Insights has predicted that such mergers
and acquisitions will have a direct impact on the growth of the Europe market
in the forthcoming years.
About Us:
Fortune Business Insights™ delivers accurate data and innovative
corporate analysis, helping organizations of all sizes make appropriate
decisions. We tailor novel solutions for our clients, assisting them to address
various challenges distinct to their businesses. Our aim is to empower them
with holistic market intelligence, providing a granular overview of the market
they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Comments
Post a Comment