The Global Medical Tapes Market Overview:
“The global Medical Tapes Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Medical tapes, known as surgical tapes, are available in various types for securing dressings and bandages on wounds. Medical tapes are used to reduce sports injuries and secure IV drips to treat various healthcare conditions. it allows air to pass through it and therefore does not cause any damage to the skin.
The rising adoption of medical tapes across applications, including wounds and injuries, is a key factor expected growth of the global medical tapes market. Moreover, the increasing demand for medical tapes from healthcare industries is a factor expected to propel the growth of the target market in the years to come.
In addition, rapid growth in surgical operations/procedures is another factor estimated to propel the growth of the potential market over the years to come. Increasing demand for these films in emerging economies is another factor projected to drive market growth.
However, stringent government rules and regulations in developed and developing countries are a major factor projected to restrain the growth of the potential market to a significant extent. Increasing awareness regarding the availability of various advanced wound care products in the market is a key factor expected to challenge the growth of the global market.
Medical Tapes Market: Segment Insights
Among the product type segments, the silk cloth tapes segment is projected to witness a major share in terms of revenue in the global medical tapes market. The silk cloth tapes segment is further projected to register moderate CAGR over the next 10 years.
Among the application segments, the wounds and injuries segment is estimated to register a significant share in terms of revenue in the global medical tapes market. The wounds and injuries segment revenue is expected to register a moderate CAGR in the next 10 years.
In addition, the increasing occurrence of wound infection is a serious problem for patients and healthcare professionals. Thus, proper wound care is important to reduce infection. Wounds primarily caused due to surgery, burns, and trauma results in infections.
Among the distribution channels, the hospital's segment is estimated to register a major share in revenue in the global medical tapes market. The hospital's segment revenue is projected to register a moderate CAGR in the next 10 years.
Medical Tapes Market: Region Insights
Asia Pacific market is expected to account for a major revenue share contribution in the global medical tapes market. In addition, the Asia Pacific market is estimated to register the highest revenue growth, owing to the rising adoption of medical tapes and bandages in healthcare industries.
The increasing prevalence of chronic heart disease, diabetic foot, and lifestyle disorders are resulting in increasing surgical procedures. Thus, the demand of medical tapes is growing for surgical wound treatment in emerging economies in Asia Pacific are among key factors estimated to drive the growth of the Asia Pacific medical tapes market.
Global medical tapes market segmentation:
Segmentation by product type:
- Adhesive tapes
- Elastic tapes
- Silicone tapes
- Paper tapes
- Silk cloth tapes
Segmentation by application:
- Wounds & injuries
- Surgeries & securement
Segmentation by distribution channel:
- Ambulatory Surgical Centers (ASC)
- Homecare settings
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- 3M Company
- Johnson & Johnson
- Paul Hartmann AG
- Scapa Group plc
- Andover Healthcare, Inc.
- Ad Tape & Label Company, Inc.
- Medtronic plc
- Avery Dennison Corporation
- Medline Industries, Inc.
- Nichiban Co., Ltd.
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!