Athletes involved in sports perform activities such as jumping and running and are typically at a higher risk of getting injured. Sports such as running, basketball, soccer, football, and martial arts are commonly associated with injuries. These injuries occur due to falls, being struck by an object, collisions, and overexertion during unorganized or informal sports activities. Self-adherent wraps provide support for sprains and strains. Self-adherent wraps do not stretch and loosen over time like athletic bandage tape. These wraps can be applied in more layers to create more support. As a result, self-adherent wraps are highly used in the sports and fitness sectors to wrap ankle sprains and strains and secure dressings quickly. Hence, the increasing use of self-adherent wraps in the sport and fitness sectors is driving the market growth.
Increasing number of multispecialty hospitals supported by the rising need to accommodate emergency admissions of patients across many cities is likely to instigate the adoption of self-adherent wraps across Europe. As per Eurostat, around 21.1 % of the EU population was aged 65 and above, registering for one-fifth of the total population, in 2022. According to the Organization for Economic Co-operation and Development Health Statistics 2022, on average, 3 out of 4 patients aged 65 and above across EU countries underwent surgery within two days following admission with a hip fracture. Besides, geriatric population possesses a high risk of chronic health diseases and is prone to injuries due to associated comorbidities. Self-adherent wraps are used on sprains, strains, and secure dressings to stabilize injuries. According to the “Health at a Glance: Europe 2022” report published by Organization for Economic Co-operation and Development; primary healthcare accounted for 13% of total health expenditure in the EU countries in 2020. Moreover, in 2022, injuries caused due to football matches across five major European leagues increased by 20% compared to 2021. The Europe self-adherent wraps market is anticipated to grow at a significant rate during the forecast period due to the rising geriatric population, increasing sports activities in the region, and increasing healthcare expenditure in European countries.
Europe Self-Adherent Wraps Market Segmentation
The Europe self-adherent wraps market is segmented into type, end use, and country.
Based on type, the Europe self-adherent wraps market is segmented into sterile and non-sterile. The non-sterile segment held a larger share of the Europe self-adherent wraps market in 2022.
Based on end use, the Europe 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 Europe self-adherent wraps market in 2022.
Based on country, the Europe self-adherent wraps market is segmented into Germany, France, Italy, the UK, Russia, Sweden, and the Rest of Europe. The Rest of Europe dominated the share of the Europe self-adherent wraps market in 2022.
3M Co; Cardinal Health Inc; Essity AB; Medline Industries LP; Performance Health Holding Inc; Steroplast Healthcare Ltd; and Walgreens Co are the leading companies operating in the Europe self-adherent wraps market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 103.45 Million |
| Market Size by 2028 | US$ 134.93 Million |
| CAGR (2022 - 2028) | 4.5% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Self-Adherent Wraps Market is valued at US$ 103.45 Million in 2022, it is projected to reach US$ 134.93 Million by 2028.
As per our report Europe Self-Adherent Wraps Market, the market size is valued at US$ 103.45 Million in 2022, projecting it to reach US$ 134.93 Million by 2028. This translates to a CAGR of approximately 4.5% during the forecast period.
The Europe Self-Adherent Wraps Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Self-Adherent Wraps Market report:
The Europe Self-Adherent Wraps Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Self-Adherent Wraps Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Self-Adherent Wraps Market value chain can benefit from the information contained in a comprehensive market report.
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