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Spain Compression Bandages and Wraps Market Size and Forecast (2021-2031)
Spain Compression Bandages and Wraps Market Size and Forecast (2021 – 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Bandages and Wraps), Application (Deep Vein Thrombosis, Lymphedema, Wound Management, and Others), End User (Hospitals and Clinics, Ambulatory Surgical Centers, Homecare, and Others), and Country
$2,485 – $3,885
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- Toplines
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- Table of Contents
- List of Tables
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- List of Companies
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Description
Compression wraps for legs are designed to manage and alleviate the symptoms of lymphedema. These wraps help with the flow of lymph fluids and decrease swelling by applying controlled pressure to the affected areas of the leg. Compared to traditional compression stockings, compression wraps are adjustable, making them an ideal choice for individuals having difficulty putting on stockings or are experiencing fluctuating levels of edema. Adjustable compression wraps are considerably less expensive and more effective in achieving ulcer healing. Therefore, adjustable compression wraps are a powerful, self-applicable, and cost-effective alternative to inelastic bandages in treating venous leg ulcers. The increasing occurrence of venous conditions and the growing incidence of cancer leading to lymphedema are noteworthy factors contributing to the expansion of the Spain compression bandages and wraps market size. However, the availability of alternate treatments hinders the Spain compression bandages and wraps market growth as conditions such as lymphedema, chronic venous insufficiency, peripheral edema, venous stasis ulcers, and varicose veins can also be treated via medication and surgical procedures, especially minimally invasive procedures. Other treatment procedures used to treat the abovementioned conditions include foam sclerotherapy, laser treatment, ambulatory phlebectomy, and catheter-assisted procedures that use radiofrequency or laser energy. Techniques such as intermittent pneumatic compression devices are also used to prevent blood clots in the deep veins of the legs. It employs a device to mimic natural muscle contractions, aiding in venous return. Thus, the availability of alternative treatments, such as compression garments, devices, and therapies for the treatment of the abovementioned conditions, hampers the growth of the Spain compression bandages and wraps market.
End User-Based Insights
Based on end user, the Spain compression bandages and wraps market is segmented into hospitals and clinics, ambulatory surgical centers, home care, and others. The hospitals and clinics segment held the largest Spain compression bandages and wraps market share in 2023 and is expected to register the highest CAGR in the market during 2023-2031. Hospitals typically use compression bandages and wraps for wound care, post-surgery recovery, and managing different conditions. For treatment, patients suffering from venous ulcers, lymphedema, and deep vein thrombosis initially approach hospitals and clinics. Hospitals have a high demand for compression products as they cater to a large number of patients with diverse medical needs. Hospitals often have specialized departments such as wound care clinics and orthopedic units that regularly use compression bandages and wraps as part of their treatment plan. Clinics focus on specific medical conditions that might benefit from compression therapy and often provide tailored treatment plans for patients. In addition, patients in hospitals receive appropriate and effective care because of the presence of highly skilled medical professionals and trained nurses. Thus, the availability of necessary types of compression bandages and the provision of cost-effective bandages fuels the hospital segment growth in the market.
The Global Cancer Observatory, REDECAN, and National Center for Biotechnology Information are among the primary and secondary sources referred to while preparing the Spain compression bandages and wraps market report.
Summary Info
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According to our new research study on “Spain Compression Bandages and Wraps Market Forecast to 2031 – Country Analysis – by Product, Application, and End User,” the market is expected to grow from US$ 33.09 million in 2023 to US$ 42.68 million by 2031; it is estimated to record a CAGR of 3.2% from 2023-2031. Compression bandages are applied on the lower leg while the patient is lying in the supine position. The leg volume and calf mechanical properties change from a supine to a standing position. A compression wrap is a bandage composed of elastic material. Therapeutic wraps are used for muscle strains and sprains on the shoulder, wrist, elbow, back, knee, and ankle. A few companies offer dual wraps that are used for both hot as well as cold therapies. In some cases, compression wraps can be considered as a long-term solution to health issues such as blood clots and circulation problems. It provides a broader range of compression than other conventional compression garments. These wraps are easy to use and provide steady and comfortable resting compression for legs, as well as higher working compression when the wearer is active. Key factors driving the Spain compression bandages and wraps market growth are the increasing occurrence of venous conditions and the growing incidence of cancer leading to lymphedema. However, the availability of alternate treatments hinders the market’s growth.
Based on the product, the Spain compression bandages and wraps market is bifurcated into bandages and wraps. In terms of application, the market is classified into wound management, deep vein thrombosis, lymphedema, and others. Based on end user, the market is categorized into hospitals and clinics, ambulatory surgical centers, home care, and others.
Based on application, the Spain compression bandages and wraps market is segmented into wound management, deep vein thrombosis, lymphedema, and others. The deep vein thrombosis segment held the largest Spain compression bandages and wraps market share in 2023. Deep vein thrombosis (DVT) is a serious condition where blood clots develop in one or more of the deep veins in the body, most commonly found in the legs or pelvis. Swelling, discomfort, and soreness, especially in the legs, are common symptoms of DVTs. DVT can lead to severe consequences, resulting in blood clots in veins that can travel through the bloodstream and cause blood flow blockage in the lungs by getting stuck, leading to pulmonary embolism. Moreover, pulmonary embolism is a potentially life-threatening complication associated with DVT. Therefore, prompt diagnosis and treatment are necessary. Compression bandages and wraps can be used as part of the treatment to enhance blood flow, which can prevent clotting and alleviate swelling and pain.
In addition, the lymphedema segment is expected to register the highest CAGR from 2023 to 2031. The accumulation of protein-rich fluid in soft tissue caused by a blockage in the lymphatic system is known as lymphedema. By transporting lymph or lymphatic fluid throughout the body, the lymphatic system aids in the battle against infection and other illnesses. Lymph nodes are an essential component of the lymphatic system. The removal or injury to lymph nodes as part of cancer therapy is the most prevalent cause of lymphedema, caused by an obstruction in the lymphatic system, which is part of the immune system. The obstruction prevents lymph fluid from draining properly, resulting in edema. An accurate medical evaluation is essential for the effective treatment of lymphedema. Compression bandages can reduce capillary filtration, increase lymphatic reabsorption, and improve the venous pumps of lymphatic patients. Short-stretch bandages have a short stretch capacity. When used as a part of a multilayer compression bandage, the short stretch of these bandages creates an external force adjacent to outward muscle contraction (known as working pressure). By applying more compression layers on the lower areas of the limb and fewer layers on the upper areas, graded pressure is produced, which helps move lymphatic fluid upward and out of an affected area. Additionally, multilayer short-stretch bandages provide a semi-rigid barrier that aids in preventing the spread of swelling or edema. Short-stretch compression bandages for lymphedema are available in several varieties, each designed to accommodate the patient’s needs and preferences. The noteworthy differences among these bandages are in their level of compression and material. A few of them are made entirely from cotton, offering a comfortable, breathable choice that is gentle on sensitive skin. Other material incorporates synthetic fibers for enhanced durability and elasticity, allowing for a secure fit that adapts to the shape of the limb. The level of compression also varies as a few bandages are designed for light compression (appropriate for mild lymphedema), whereas others offer stronger compression (for moderate to severe lymphedema). Thus, the factors mentioned above support the Spain compression bandages and wraps market growth.
Spain Compression Bandages and Wraps Market, by Application Segment, (%)
Source: the Research Team Analysis
The market, by end user, is segmented into hospitals and clinics, ambulatory surgical centers, home care, and others. The hospitals and clinics segment accounts for a significant Spain compression bandage and wraps market share in 2023.
Essity AB, Paul Hartmann AG, Smith & Nephew Plc, Bimedica, Molnlycke Health Care AB, B Braun SE, 3M Co, Calvo Izquierdo SL, Cardinal Health Inc., and Convatec Group Plc are among the leading companies profiled in the Spain compression bandages and wraps market report.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Spain compression bandages and wraps market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Spain Compression Bandages and Wraps Market Landscape
4.1 Overview
4.2 PEST Analysis
5. Spain Compression Bandages and Wraps Market – Key Market Dynamics
5.1 Spain Compression Bandages and Wraps Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Cases of Venous Conditions
5.2.2 Growing Incidence of Cancer Leading to Lymphedema
5.3 Market Restraints
5.3.1 Availability of Alternate Treatments
5.4 Market Opportunities
5.4.1 Growing Initiatives to Raise Awareness Among Medical Professionals
5.5 Future Trends
5.5.1 Advancements in Compression Bandages
5.6 Impact of Drivers and Restraints:
6. Spain Compression Bandages and Wraps Market Analysis
6.1 Spain Compression Bandages and Wraps Market Revenue (Euro Million), 2021-2031
7. Spain Compression Bandages and Wraps Market Analysis by Product
7.1 Bandages
7.1.1 Overview
7.1.2 Bandages: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
7.1.2.1 Spain: Spain Compression Bandages and Wraps Market Breakdown by Bandages
7.2 Wraps
7.2.1 Overview
7.2.2 Wraps: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
8. Spain Compression Bandages and Wraps Market Analysis – by Application
8.1 Deep Vein Thrombosis
8.1.1 Overview
8.1.2 Deep Vein Thrombosis: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
8.2 Lymphedema
8.2.1 Overview
8.2.2 Lymphedema: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
8.3 Wound Management
8.3.1 Overview
8.3.2 Wound Management: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
9. Spain Compression Bandages and Wraps Market Analysis – by End User
9.1 Hospitals and Clinics
9.1.1 Overview
9.1.2 Hospitals and Clinics: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
9.2 Ambulatory Surgical Centers
9.2.1 Overview
9.2.2 Ambulatory Surgical Centers: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
9.3 Homecare
9.3.1 Overview
9.3.2 Homecare: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million)
10. Company Profiles
10.1 Essity AB
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Paul Hartmann AG
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Smith & Nephew Plc
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Bimedica
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Molnlycke Health Care AB
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 B Braun SE
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 3M Co
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Calvo Izquierdo SL
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Cardinal Health Inc
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Convatec Group Plc
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About the Research Team
LIST OF TABLES
Table 1. Spain Compression Bandages and Wraps Market Segmentation
Table 2. Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million) – by Product Type
Table 3. Spain: Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million) – by Bandages
Table 4. Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million) – by Application
Table 5. Spain Compression Bandages and Wraps Market – Revenue and Forecast to 2031 (Euro Million) – by End User
Table 6. Appendix: Spain Compression Bandages and Wraps Market
LIST OF FIGURES
Figure 1. PEST Analysis
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. Spain Compression Bandages and Wraps Market Revenue (Euro Million), 2021-2031
Figure 4. Spain Compression Bandages and Wraps Market Share (%) – by Product, 2023 and 2031
Figure 5. Bandages: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 6. Wraps: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 7. Spain Compression Bandages and Wraps Market Share (%) – by Application, 2023 and 2031
Figure 8. Deep Vein Thrombosis: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 9. Lymphedema: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 10. Wound Management: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 11. Others: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 12. Spain Compression Bandages and Wraps Market Share (%) – by End User, 2023 and 2031
Figure 13. Hospitals and Clinics: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 14. Ambulatory Surgical Centers: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 15. Homecare: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
Figure 16. Others: Spain Compression Bandages and Wraps Market- Revenue and Forecast to 2031 (Euro Million)
The List of Companies – Spain Compression Bandages and Wraps Market
o Essity AB
o Paul Hartmann AG
o Smith & Nephew Plc
o Bimedica
o Molnlycke Health Care AB
o B Braun SE
o 3M Co
o Calvo Izquierdo SL
o Cardinal Health Inc
o Convatec Group Plc.
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