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In contrast, gauze and tape products are now increasingly being used by sports people likeĪthletes and gymnasts, as they can be used to reduce joint pain. These trends are explained on the basis of the limited utility of the sticking plasters to only cuts andīruises. Into a constant value CAGR of 2% during this period. Overall growth rate of the sector is pegged to be at about 10.1% till 2016. Over the next 5 years, this sector is expected to carry on with the trend of highest growth in Gauze, Tape and Remains negligible in India as the consumers prefer to buy the separate components of the kit individually, Meanwhile, it is seen that the market for first-aid kits The most growth in the sector since 2006 however has been shown by Gauze,Tape and Other Wound Care, atĤ8.6%, which is above the sector growth rate of 41.4%. Within the wound care sector, sticking plasters/adhesive bandages account for Rs. Saw the highest growth of above 6% as compared to the rest of the sector that was below 6%.The totalĮxpenditure on health goods and medical services has increased from 1164.3bn to Rs. Overall sector grew by about 6% in the 2011 and ended up at Rs. Even in the near future, the prices are expected to be stable. There hasn’t been much activity in terms of mergers and acquisitions in the sector. The wound care sector, over the recent times, has been more or less stable as far as the major players are The wound care market is more broad-based and hence is differentiated from the medical products market.
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