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Increase in road accidents, rise in geriatric population, and surge in demand for better healthcare infrastructure drove that growth.
05.06.20 | Interesting article at Globe News Wire

According to the report published by Allied Market Research, the Egypt medical bandage market generated $14.38 million in 2018, and is estimated to reach $19.12 million by 2026, registering a CAGR of 3.6% from 2019 to 2026.The report offers anextensive analysis of changing value chain analysis, supply chain analysis, business performance, industry roadmap, and competitive landscape.


Increase in road accidents, rise in geriatric population, and surge in demand for better healthcare infrastructure drive the growth of the Egypt medical bandage market. However, lack of awareness among people toward medical hygiene and preferencefor traditional methods for wound care hinder the market growth. On the other hand, rise in government initiatives toward improving the healthcare sector and various opportunities for the medical bandage in Egypt create new opportunities in the coming years.