Transparency Market Research (TMR) has published a new report titled, “Unna Boot Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global Unna boot market was valued at US$ 90 Mn in 2017 and is projected to reach US$ 144.6 Mn in 2026, expanding at a CAGR of 5% during the forecast period, 2018 to 2026. Factors, such as, rise in prevalence of venous leg ulcers and increase in incidence rate of injuries related to accidents, sports, and adventures are driving the growth of the Unna boot market, globally. Moreover, global aging population and better efficacy and wound healing features provided by Unna boot bandages at competitive prices are propelling the growth of the global market. North America is expected to dominate the global Unna boot market during the forecast period due to rise in adoption of Unna boot in the region for treatment of venous leg ulcers and associated conditions. Asia Pacific and Europe are projected to be potential markets for Unna boot. The Unna boot market in Asia Pacific is expected to expand at a CAGR of 5.9% during the forecast period.
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Rise in prevalence of venous leg ulcers and increase in incidence rate of injuries related to accidents, sports, and adventures to drive the global market
Rise in prevalence of venous leg ulcers is major driver of the Unna boot market. Research suggests that incidence of venous ulcers is higher among the aging population. As per the National Institutes of Health, the U.S., venous leg ulcers account for 70%-90% of ulcers of the lower leg and affect approximately 600,000 people in the U.S. annually. The annual cost of treating venous ulcers is estimated at US$ 2 Bn to US$ 3 Bn in the country. The American Academy of Orthopedic Surgeons (AAOS) revealed that around 25% of sports injuries were related to lower extremities, such as, ankle and foot. Thus, increase in injuries related to sports, accidents, and adventures is projected to drive the Unna boot market in the near future. Growth in aging population across the world and better efficacy and wound healing features provided by Unna boot bandages at competitive prices are propelling the global Unna boot market. Average price of Unna flex compression bandage in the U.S. is US$ 4-US$ 12. Also, it is easily available without prescription.
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Zinc oxide to be highly lucrative segment
Zinc oxide is the dominant segment of the global Unna boot market. It is projected to account for 80.7% share of the market by 2026, expanding at a CAGR of 5.3% during the forecast period of 2018 to 2026. The segment is anticipated to reach market value of US$ 116 Mn in 2026. Zinc oxide bandages offer various advantages over other bandages, such as, they are multi-layer, multi-component, and stiff and high pressure bandages.
Adoption of Unna boot is likely to surge among venous leg ulcer patients
In terms of application, the global Unna boot market can be segmented into venous leg ulcers, lymphedema, eczema, and others. Venous leg ulcers is the leading segment of the market, with revenue of US$ 59 Mn in 2017. The segment is expected to expand at a CAGR of 5.5% during the forecast period and reach the market value of US$ 95 Mn in 2026. Studies suggest that 1% of the total global population is affected with venous leg ulcers in a lifetime. Higher prevalence of venous leg ulcers, severity of the condition, and its long-term management are the major contributing factors of the venous leg ulcers segment.
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North America expected to dominate global market
In terms of region, the global Unna boot market can be segmented into five major regions, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America dominated the global Unna boot market in 2017. Total revenue of the Unna Boot market in North America was US$ 51 Mn in 2017, owing to high prevalence of diseases, such as, venous leg ulcers, lymphedema, and eczema in the region, besides high level of awareness among patients and care givers, supportive reimbursement structure, and high product prices. The market in the region is expected to expand at a CAGR of 5% during the forecast period. The U.S. leads the Unna boot market in North America with a major market share. The Unna boot market in the country is projected to expand at a CAGR of 5.4% during the forecast period. Venous leg ulcers is the dominant segment of the Unna boot market in North America and is anticipated to exhibit a CAGR of 5.5% during the same period. Asia Pacific is a highly promising market for Unna boot, in terms of growth, with an estimated CAGR of 5.9% (2018-2026), due to large patient pool and rapid growth in geriatric population.
Top four players anticipated to account for two-third of global market revenue
The global Unna boot market is highly fragmented with a large number of players. Key players operating in the global market include Medline Industries, Inc., American Medicals, Cardinal Health, BSN Medical, ConvaTec, Inc., Andover Health, Inc., GF HEALTHCARE PRODUCTS, Inc., and DERMA SCIENCES. BSN Medical, Medline industries, Inc., and ConvaTec, Inc. were the market leaders in 2017, and are expected to account for dominant share of the market during the forecast period. Robust operational network and high-quality products have contributed to their leading position in the global market. New product launch, geographic expansion in emerging markets, and differentiating strategies such as single-patient use and mergers & acquisitions are some of the key strategies adopted by these leading players.
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For instance, According to National Health Services (NHS) of the United Kingdom, every year 420,000 of the 730,000 leg ulcers patients treated by the NHS.
What's Trending in Market:Increasing Prevalence of Sport InjuriesGrowing The demand of Zinc Oxide in the Unna BootChallenges:Lack of Awareness in the Emerging EconomiesRestraints:Unfavorable Reimbursement PoliciesStringent Government Regulation for Medical Product ManufacturingMarket Growth Drivers:Increase in Number of Patients with of Venous Leg UlcersGrowth in Geriatric PopulationGlobal Unna Boot Market Development Scenario by Players Ø Financials Information, Business Overview and Product Specification Matrix Ø Patent Analysis Briefing* [if applicable] Ø No.
of Patents Issuance by Year / by Players / By Issuing Office Ø Key Development – Product/Service Launch, Mergers & Acquisition, Joint Ventures Unna Boot Market Competition Each company profiled in the research document is studied considering various factors such as product and its application portfolios, market share, growth potential, future plans, and development activity.
Most importantly, the report sheds light on important strategies that key and emerging players are taking to maintain their ranking in the Global Unna Boot Market.
2) Can we narrow the available business segments?
Transparency Market Research (TMR) has published a new report titled, “Unna Boot Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.
Moreover, global aging population and better efficacy and wound healing features provided by Unna boot bandages at competitive prices are propelling the growth of the global market.
The American Academy of Orthopedic Surgeons (AAOS) revealed that around 25% of sports injuries were related to lower extremities, such as, ankle and foot.
Growth in aging population across the world and better efficacy and wound healing features provided by Unna boot bandages at competitive prices are propelling the global Unna boot market.
Higher prevalence of venous leg ulcers, severity of the condition, and its long-term management are the major contributing factors of the venous leg ulcers segment.Request Customization on Unna Boot Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR_id=53163North America expected to dominate global marketIn terms of region, the global Unna boot market can be segmented into five major regions, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Total revenue of the Unna Boot market in North America was US$ 51 Mn in 2017, owing to high prevalence of diseases, such as, venous leg ulcers, lymphedema, and eczema in the region, besides high level of awareness among patients and care givers, supportive reimbursement structure, and high product prices.
Global Unna Boot Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 – DecisionDatabases.comThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the COVID-19 Impact and Recovery on this industry.Browse the complete Global Unna Boot Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/41151-unna-boot-market-reportThe report also covers the complete competitive landscape of the global Unna Boot market with company profiles of key players such as: GF Health ProductsCardinal HealthBSN MedicalConvaTecAndover HealthcareMedline IndustriesAmerican MedicalsDerma SciencesDynarexThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeZinc OxideZinc and CalamineBy ApplicationVenous Leg UlcersLymphedemaEczemaOthersBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Unna Boot Market @ https://www.decisiondatabases.com/contact/download-sample-41151The Global Unna Boot Market has been exhibited in detail in the following chapters – Chapter 1 Unna Boot Market Preface Chapter 2 Executive Summary Chapter 3 Unna Boot Industry Analysis Chapter 4 Unna Boot Market Value Chain Analysis Chapter 5 Unna Boot Market Analysis By Type Chapter 6 Unna Boot Market Analysis By Application Chapter 7 Unna Boot Market Analysis By Geography Chapter 8 Competitive Landscape Of Unna Boot Companies Chapter 9 Company Profiles Of Unna Boot IndustryPurchase the complete Global Unna Boot Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-41151Other Reports by DecisionDatabases.com:Global Ankle Boots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Snowboard Boots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Figure Skate Boots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us: DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The Global Unna Boot Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Unna Boot Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/41151-unna-boot-market-reportThe report also covers the complete competitive landscape of the global Unna Boot market with company profiles of key players such as: GF Health ProductsCardinal HealthBSN MedicalConvaTecAndover HealthcareMedline IndustriesAmerican MedicalsDerma SciencesDynarexThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeZinc OxideZinc and CalamineBy ApplicationVenous Leg UlcersLymphedemaEczemaOthersBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Unna Boot Market @ https://www.decisiondatabases.com/contact/download-sample-41151The Global Unna Boot Market has been exhibited in detail in the following chapters –Chapter 1 Unna Boot Market Preface Chapter 2 Executive SummaryChapter 3 Unna Boot Industry AnalysisChapter 4 Unna Boot Market Value Chain AnalysisChapter 5 Unna Boot Market Analysis By TypeChapter 6 Unna Boot Market Analysis By ApplicationChapter 7 Unna Boot Market Analysis By GeographyChapter 8 Competitive Landscape Of Unna Boot CompaniesChapter 9 Company Profiles Of Unna Boot IndustryPurchase the complete Global Unna Boot Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-41151Other Reports by DecisionDatabases.com:Global Ankle Boots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Snowboard Boots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Figure Skate Boots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
