2020-2027 Analysis and Review Zinc Paste Bandages Market

Zinc Paste Bandages Market

Zinc Paste Bandages Market By Clinical Application (Dermatology, Phlebology and Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy and E-commerce) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2027

17-06-2020 REP-HC-5119 40 Tables 110 pages Format

The zinc paste bandages market was valued at USD 275.6 Mn by 2019. The rising prevalence of skin eczema cases worldwide primarily drives zinc paste bandages market growth. Furthermore, the growing incidence of venous leg ulcers among the elderly population worldwide further accentuates the market growth.

Zinc Paste Bandages Market

Zinc paste bandages have gained immense popularity for treating dermatology complications in the last decade owing to its excellent ergonomic features in comparison to other conventional wound dressing products. They provide comfort and soothing effect on the ulcer site and provides moist wound healing to the venous ulcers. Additionally, the adhesives used in the bandage are skin-friendly, hypoallergenic, and is suitable for wrapping wounds of any patient having sensitive skin.

The major segments related to the zinc paste bandages market are: 

By Clinical Application (2017–2027; US$ Mn)

Dermatology

Phlebology

Others

By Distribution Channel (2017–2027; US$ Mn)

Hospital Pharmacy

Retail Pharmacy

E-commerce

Geography Segment (2017–2027; US$ Mn)

North America

U.S.
Canada

Europe

United Kingdom
Germany
Russia
France
Italy
Spain
Ukraine
Rest of Europe

Asia Pacific

China
Japan
Rest of Asia Pacific

Latin America (LATAM)

Brazil
Mexico
Rest of Latin America

Middle East and Africa (MEA)

GCC
Rest of MEA 

Justification for study?

  • The intention of the study is to give a comprehensive outlook of the global zinc paste bandages market
  • The overall segmentation of the zinc paste bandages market, by clinical application, distribution channel, and geography is minutely studied. Dermatology and hospital pharmacy are dominating the clinical application and distribution channel segments respectively
  • Rising prevalence of varicose eczema and dermatitis worldwide
  • A constant rise in the number of people suffering from chronic venous ulcers throughout the globe

Report gist?

  • The study of the global zinc paste bandages market includes qualitative analysis of factors such as drivers, restraints, and opportunities
  • The report covers a qualitative and quantitative analysis of the overall market segmented on the basis of clinical application and distribution channel and categorization of the same at the geography level
  • This research report presents the analysis of each segment from 2017 to 2027 in which 2019 is considered as the base year. The compounded annual growth rate is calculated for the respective segments from 2020 to 2027

The study includes the profiles of major market players with a significant global and regional presence along with top company positioning. 

Significant customers?

  • This study is suitable for industry participants and stakeholders in the surgical dressings manufacturers actively engaged in the production and marketing of zinc paste bandages due to the  rising prevalence of varicose eczema and dermatitis worldwide
  • The report will benefit researchers engaged in the development of zinc paste bandages for dressing the wounds associated with chronic venous ulcers
  • Managers with financial institutions looking to publish recent and forecasted statistics pertaining to zinc paste bandages market
  • Financial institutions, venture capitalist, analysts, investors, government organizations, policymakers, regulatory authorities, researchers, looking for insights into the market to determine future strategies 

Segment Analysis

Dermatology is representing the largest market share in the clinical application segment for zinc paste bandages. According to the latest research citings provided by the World Allergy Organization (WAO), approximately 10% of the adult population worldwide are reported to be suffering from atopic dermatitis. Further in-depth analysis as conducted by the American Academy of Dermatology (AAD), approximately 20% of the children across the globe are suffering from some form of eczema, the incidence rate is higher in countries having a cold climate. Phlebology is going to showcase remarkable market performance during the forecast period on account of the rising prevalence of venous leg ulcer cases worldwide. As per the latest statistics provided by the National Institute of Health (NIH), the annual incidence rate associated with venous leg ulcers is 1 per 1000 people throughout the globe. Rising public health awareness regarding the therapeutic efficacy of zinc paste bandages in the treatment of venous ulcers further propels the market growth.

Hospital pharmacy is currently leading the distribution channel segment for the zinc paste bandages market. Zinc paste is available in different strengths of zinc oxide such as 20%, 10%, 6%, etc., hence it is necessary for the hospital pharmacist to precisely dispense the zinc paste bandages according to doctor’s recommendation. Retail pharmacy is expected to register rampant market growth in the near future owing to the availability of diverse brands of zinc paste bandages and the capacity to serve the medicinal requirements of patients residing in remote locations.

North America is presently dominating the geography segment for the zinc paste bandages market. Rising prevalence of varicose eczema cases in the adult population the region primarily drives the market growth in the region. As per the latest research citings provided by the National Institute of Health (NIH), approximately 35 million Americans are suffering from eczema each year. Domicile of key players such as Smith & Nephew, Plc., HARTMANN GROUP, Medline Industries, Inc., etc. further accelerates the market growth in the region. Europe is placed in the second position in the regional segment on account of the affordable reimbursement scenario and the existence of well-developed healthcare infrastructure. The Asia Pacific is anticipated to be the fastest-growing regional segment for the zinc paste bandages market. The rising prevalence of phlebology complications and the emergence of local players together determine the market growth in the Asia Pacific region.

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