What is Abdominal Binders?
Abdominal Binders are a wide compression belt that encircles the abdomen. It is used to speed up the recovery process after abdominal surgery, bariatric surgery, tummy tuck, spinal surgery, and others. Abdominal binders market has high growth prospects that decrease the early postoperative pain and reduced psychological distress. Additionally, increasing consumer focus to maintain fitness and regulate body weight has enhanced the product demand from the health and fitness industry. Rise in the consumer preference towards cardiovascular activities having preventive benefits will further boost the product demand.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Anatech Anatomical Technologies Inc (Canada), Scott Specialties Inc (United States), Hermell (United States), Alex Orthopedic Inc (United States), Medline Industries (United States), Ortho Europe (United Kingdom), Special Protectors Co., Ltd (Taiwan), Florida Orthopaedic Institute (United States) and Dale Medical Products (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Panel Abdominal Binder, Sacro-Lumbar Support and Other) , by application (Bariatric Surgery, Hysterectomy, Spinal Surgery and Caesarean Section) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Abdominal Binders market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Abdominal Binders market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Anatech Anatomical Technologies Inc (Canada), Scott Specialties Inc (United States), Hermell (United States), Alex Orthopedic Inc (United States), Medline Industries (United States), Ortho Europe (United Kingdom), Special Protectors Co., Ltd (Taiwan), Florida Orthopaedic Institute (United States) and Dale Medical Products (United States).
PART 880 -- GENERAL HOSPITAL AND PERSONAL USE DEVICES Subpart F - General Hospital and Personal Use Therapeutic Devices Sec. 880.5160 Therapeutic medical binder. (b) Classification. Class I (general controls). The device is exempt from the premarket notification procedures in subpart E of part 807 of this chapter, subject to the limitations in Sec. 880.9. If the device is not labeled or otherwise represented as sterile, it is also exempt from the current good manufacturing practice requirements of the quality system regulation in part 820 of this chapter, with the exception of Sec. 820.180, with respect to general requirements concerning records, and Sec. 820.198, with respect to complaint files. [45 FR 69682, Oct. 21, 1980, as amended at 66 FR 38804, July 25, 2001]
The abdominal binders market features a highly competitive landscape with several key players vying for market share. These companies focus on offering a wide range of abdominal binders with varying features and functionalities to cater to the diverse needs of patients. Innovation and product development are key strategies adopted by players in this market to gain a competitive edge. Additionally, strategic partnerships, collaborations, and acquisitions are frequently witnessed as companies aim to expand their product portfolios and strengthen their market presence. Overall, the abdominal binders market is driven by continuous advancements in medical technology, increasing healthcare expenditure, and growing awareness about the benefits of abdominal binders in various medical conditions.
Influencing Trend:
Increase demand by post-pregnancy women. and Rise in the cases of cesarean section globally.
Market Growth Drivers:
Increase the Prevalence of Abdominal and Spinal Cord Diseases and Decrease Psychological Distress and Post-Operative Pain
Challenges:
Stiff Competition between Major Players and Substitutes Available For Abdominal Binders
Restraints:
Lack of Awareness Regarding Abdominal Binders. and Side Effects Associated with Abdominal Binders Such as Skin Irritation, Breathing Issues.
Opportunities:
Increasing Demand of Abdominal Binders by Fighter Jets Pilots. and Upsurge Demand Due to Decrease Obesity and Blood Pooling.
Key highlights of the Global Abdominal Binders market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Abdominal Binders market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Abdominal Binders market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Abdominal Binders Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Abdominal Binders market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Abdominal Binders market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Abdominal Binders Manufacturers, Abdominal Binders Traders, End-Use Market Participants of Different Segments of Abdominal Binders, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.