At 6.2% CAGR, the North America Self-Adherent Wraps Market is projected to be worth US$ 107.01 Million by 2028, says Business Market Insights

According to Business Market Insights research, the North America self-adherent wraps market was valued at US$ 74.55 million in 2022 and is expected to reach US$ 107.01 million by 2028, registering a CAGR of 6.2% from 2022 to 2028. Advantages of self-adherent wraps and increase in use of self-adherent wraps in sports and fitness sectors are the critical factors attributed to the North America self-adherent wraps market expansion.        

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. The prevalence of sports-related ankle injuries ranges from 20% to 50%. As per the American Academy of Orthopedic Surgeons, 25% of athletic injuries are related to foot and ankle. According to Stanford Medicine Children’s Health, nearly 30 million children and teens participate in organized sports, and more than 3.5 million injuries occur yearly in the US. According to the statistics from the National SAFE KIDS Campaign and the American Academy of Pediatrics, more than 3.5 million children of age 14 and younger get hurt annually while playing sports or participating in recreational activities. According to the same source, more than 775,000 children aged 14 and younger are treated yearly in hospital emergency rooms for sports-related injuries. These injuries occur due to falls, being struck by an object, collisions, and overexertion during unorganized or informal sports activities. Various injuries can occur during a workout, such as muscle pull and strain, sprained ankle, knee injuries, and wrist sprain or dislocation. According to the National Safety Council, regarding exercise and exercise equipment injuries, the number of injuries increased slightly in 2021 compared to 2020 (409,224 injuries in 2021 compared to 377,939 in 2020). 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.

On the contrary, availability of counterfeit products hampers the North America Self-Adherent Wraps Market.  

Based on type, the North America self-adherent wraps market is segmented into sterile and non-sterile. The non-sterile segment held 79.8% share of North America Self-Adherent Wraps Market in 2022, amassing US$ 59.51 million. It is projected to garner US$ 84.80 million by 2028 to expand at 6.1% CAGR during 2022–2028.

Based on end use, the North America self-adherent wraps market is segmented into hospitals, specialty clinics, and ambulatory surgical centers. The hospitals segment held 56.5% share of North America Self-Adherent Wraps Market in 2022, amassing US$ 42.12 million. It is projected to garner US$ 59.71 million by 2028 to expand at 6.0% CAGR during 2022–2028.

Based on country, the North America self-adherent wraps market   has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 78.4% share of North America Self-Adherent Wraps Market in 2022. It was assessed at US$ 58.43 million 2022 and is likely to hit US$ 83.70 million by 2028, exhibiting a CAGR of 6.2% during the forecast period.      

Key players dominating the North America self-adherent wraps market are 3M Co; Cardinal Health Inc; Dynarex Corp; Essity AB; Johnson & Johnson Consumer Inc; Medline Industries LP; Milliken & Co; Performance Health Holding Inc; PRIMED Medical Products Inc; and Walgreens Co, among others.

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