Spain Compression Bandages and Wraps Market Revenue to cross US$ 42.68 Million by 2031

Deep Vein Thrombosis Segment to Lead Spain Compression Bandages and Wraps Market During 2023–2031

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.

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.

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