Orthopedic Bandages Market: Introduction
Surgical dressings are an essential part of the postoperative care of orthopedic surgical patients. Orthopedic bandage is a type of bandage used to protect the joints. These bandages are made of soft fibers and offer comfort to patients while they are in cast. Exudates and sweat are absorbed by these patches, preventing skin maceration. North America dominated the global market in 2020 with a 45.4% share. The region is forecast to gain market share over the forecast period. The market in North America is expected to be driven by the increase in traffic accidents, the increase in sports injuries and the presence of key players in the region.
Global Orthopedic Bandages Market: Key Trends
The globe Orthopedic Bandages Market with significant growth during the forecast period. The global market is being driven by companies reorganizing their operations and recovering from the impact of COVID-19, which had led to restrictive containment measures such as social distancing, teleworking and the closure of commercial activities.
The increase in the patient pool due to the increase in the geriatric population is contributing to the growth of the global orthopedics market. According to the Population Reference Bureau, the percentage of the world’s population aged 65 and over has increased from 8% in 2015 to 9% in 2019. The world population aged 65 years and older was 703 million in 2019, demand for healthcare and healthcare spending are increasing. In 2017, half of the Dutch healthcare budget was spent on people over 65.
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Orthopedic treatment penetration in emerging markets like Asia Pacific and MEA is still low compared to North America and Europe. This is due to a lack of awareness of advanced wound management and associated risk factors in general and…
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