Wed, 12 Aug 2020

Egypt Medical Bandage Market Report 2020-2027

iCrowd Newswire
01 Aug 2020, 01:44 GMT+10

Egypt Medical Bandage Market is expected to grow at a CAGR of 3.6% during the forecast period 2020-2027. As per the detailed market study, the Egypt medical bandage industry was valued at $14.38 billion in the year 2018 and is anticipated to reach $19.12 million by the end of the year 2026.

GET FREE SAMPLE COPY @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR843

Bandages are widely used in holding dressings in place, immobilizing a part, applying pressure to a part, obliterating cavities, supporting an injured area, and checking haemorrhages.

The Egypt medical bandage market is uplifted growth in demand for medical treatments. The major growth drivers of the regional medical bandage market is rising number of road accidents in Egypt and growing government preferences toward providing better healthcare devices to people of the country. In addition, rise in number of hospitals and clinics in Egypt and surge in healthcare expenditure also impacting in the market growth. However, lack of knowledge among the people about wound care restrain the market growth to an extent. On the other hand, government initiatives toward improving healthcare infrastructure and providing better healthcare facilities and medical supplies to the Egypt are anticipated to open market opportunities for players of the medical bandages market. For instance, in June 2018, the World Bank announced a new US$530 million project to support Egypt's national goal of improving public healthcare, including expanding family planning services, scaling up its ground-breaking Hepatitis C program, and supporting the new Universal Health Insurance System

Segmentation Overview of the Egypt Medical Bandage Market

The Egypt medical bandage market is segmented on the basis of various market segments that include product, application and end-user. These major market segments are further categorized into various sub-segments to study the market in detail.

The Product Segment of the Egypt Medical Bandage Market is Sub-Segmented into:

  • Gauze bandage
  • Adhesive bandage
  • Cohesive bandages
  • Elastic bandage

The Application Segment of the Egypt Medical Bandage Market is Sub-Segmented into:

  • Surgical wounds
  • Traumatic & laceration wounds
  • Burns
  • Ulcers
  • Sport injuries
  • Other wounds

The End-User Segment of the Egypt Medical Bandage Market is Sub-Segmented into:

  • Hospitals
  • Clinics
  • Ambulatory surgical centres

The hospital segment held the largest share of the market in 2019 and also expected to remain as the lucrative segment over the study period. The major driver for the segment is to expand in number of hospitals in Egypt. Moreover, the ambulatory surgical centres segment is anticipated to attain the fastest growth rate during the forecast period due to increase in the number of ambulatory surgical centres across Egypt and rise in the adoption of minimally invasive surgical procedures that are performed in ambulatory surgical centres.

Competitive Landscape of the Egypt Medical Bandage Market

Tri M Medical, Pharmaplast, Medtronic Plc, 3M, Johnson & Johnson, Afri Medical, Intermedica, Gyproc and Baxter International Inc. are some major players included in the research study of the Egypt medical bandage market. These players are adopting various strategic steps to acquire the major part of Egypt medical bandage market during the study period. For instance, July 2020, Medtronic (Egypt) announced to make available to anyone the full design specifications, produce manuals, design documents and, in the future, software code for its PB 560 ventilator to allow other companies to produce it rapidly to help meet demand driven by the novel COVID-19 outbreak.

READ FULL REPORT @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR843

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is "one-stop solution" for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:

Report Ocean

Name: Pragya Niranjan

Email: sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 - UNITED STATES

Tel: +1 888 212 3539 (US - TOLL FREE)

Website: https://www.reportocean.com/

Tags:

See Campaign: https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR843Contact Information:+1 888 212 3539Tags:, iCN Internal Distribution, Research Newswire, Englishimage

Contact Information:

+1 888 212 3539

Sign up for Miami News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!