PUBLISHER: The Insight Partners | PRODUCT CODE: 1375065
PUBLISHER: The Insight Partners | PRODUCT CODE: 1375065
The North America self-adherent wraps market is expected to grow from US$ 74.55 million in 2022 to US$ 107.01 million by 2028. It is estimated to grow at a CAGR of 6.2% from 2022 to 2028.
Advantages of Self-Adherent Wraps Fuel North America Self-Adherent Wraps Market
Self-adherent wraps are used to provide support for injured areas of the body. These wraps are used on sprains, strains, and other injuries. There are various benefits of using self-adherent wraps. For instance, self-adherent wraps stick to themselves; hence, they do not require gauze pads or medical tapes. Also, these wraps do not slip, so there is no need for frequent readjustment. Furthermore, self-adherent wraps are reusable and more durable than standard cloth versions, as they hold their shape better over time and maintain an intact seal until they are not accidentally torn away. Moreover, self-adherent wraps can be worn comfortably for long periods, as these wraps are soft, porous, and breathable.
Self-adherent wraps are available in different colors and sizes in the market, allowing users to choose as per their requirements. Self-adherent wraps are also available in the market in sterile and non-sterile types. The sterile self-adherent wraps have antibiotic properties and are made to resist bacteria and keep wounds clean. The sterile self-adherent wraps do not cause skin irritation and provide compression to ankles, knees, wrists, and elbows. These wraps are used on cuts and broken skin.
Therefore, various advantages of self-adherent wraps are driving their demand from hospitals, clinics, household healthcare, and other application sectors.
North America Self-Adherent Wraps Market Overview
Self-adherent or self-adhesive wraps are used in healthcare settings, sports medicine, and first aid applications to stabilize sprained or injured joints and muscles. The wraps have gained traction due to their ability to provide adjustable compression without clips or external assistance. The North America self-adherent wraps market has progressed over the past few years due to rising expenditure on healthcare infrastructure supported by favorable government policies and frameworks. Increasing incidence of trauma-related injuries and surgeries has created a demand for self-adherent wraps in the region. According to the US Bureau of Labor Statistics, the number of fatal work injuries in the US increased from 4,764 in 2020 to 5,190 in 2021, registering an 8.9% growth rate. However, the cases involving sprains, strains, and tears in the country declined from 317,530 in 2016 to 266,530 in 2020. Moreover, North America has the presence of several leading self-adherent wraps manufacturers such as 3M Co, Cardinal Health Inc, Primed Medical Products Inc, Johnson & Johnson Consumer Companies Inc, Dynarex Corporation, Milliken & Company, and Medline Industries LP. Therefore, the advantages of self-adherent wraps, established healthcare system, presence of major market players, and the increasing incidence of fatal work injuries are anticipated to boost the demand for self-adherent wraps in the region during the forecast period.
North America Self-Adherent Wraps Market Revenue and Forecast to 2028 (US$ Thousand)
North America Self-Adherent Wraps Market Segmentation
The North America self-adherent wraps market is segmented into type, end use, and country.
Based on type, the North America self-adherent wraps market is segmented into sterile and non-sterile. The non-sterile segment held a larger share of the North America self-adherent wraps market in 2022.
Based on end use, the North America self-adherent wraps market is segmented into hospitals, specialty clinics, household healthcare, and others. Household healthcare is segmented into pharmacies, online, and other household healthcare. The household healthcare segment held the largest share of the North America self-adherent wraps market in 2022.
Based on country, the North America self-adherent wraps market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America self-adherent wraps market in 2022.