The Europe Compression Bandages Market Expected to Grow at a 5.2% CAGR, Showing Stable Growth Through 2026

The Europe compression bandages market size is projected to reach USD 510.9 Million by 2026, According to a report published by Fortune Business Insights, It is likely to witness strong growth in the coming years due to the high adoption and subsequent demand for compression bandages in several countries across Europe., 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, exhibiting a CAGR of 5.2% during the forecast period.

The enhanced management of several edema and ulcer types has contributed to the increasing demand for compression bandages in several countries across Europe. Increasing prevalence of chronic wounds and lymphedema will set the foundations for high adoption of compression bandages in Europe. According to Fortune Business Insights, the growing prevalence of chronic wound is one of the primary factors bolstering the growth of the regional market in recent years. Additionally, rapid advancements in manufacturing processes and developments in product types and variations will boost scope of growth for the companies operating in the Europe compression bandages market in the forthcoming years.

The growing penetration of compression bandages across diverse sectors within the healthcare domain will offer a wider growth scope for the companies operating in This market in the forthcoming years. The report on Europe market provides qualitative and quantitative insights into the latest industry trends, leading product types, key players, and leading regions. Fortune Business Insights forecasts the Europe compression bandages market size and value for several segments of the market and labels the leading entities within these segments. Based on regional demographics, the Europe market is segmented into France, U.K., Italy, Spain, Germany, Netherlands, Sweden, Poland, Ukraine, Portugal, and rest of Europe.

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.

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.

List of the leading companies that are operating in the Europe compression bandages market are:

• Essity (BSN medical GmbH)


• Paul Hartmann AG


• Smith & Nephew plc


• Mölnlycke Health Care AB


• Lohmann & Rauscher GmbH & Co. KG


• B. Braun Melsungen AG


• 3M


• Cardinal Health


• ConvaTec Group PLC


• Other Prominent Players

Browse Complete Report  Details: https://www.fortunebusinessinsights.com/industry-reports/europe-compression-bandages-market-101405 

The Europe compression bandages market is segmented based on: