The Healthcare Adhesive Tapes Global Market Report 2023 by The Business Research Company, provides healthcare adhesive tapes market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Healthcare Adhesive Tapes Global Market Report 2023, the global healthcare adhesive tapes market size grew from $34.11 billion in 2022 to $36.86 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the healthcare adhesive tapes market is expected to grow to $49.61 billion in 2027 at a CAGR of 7.7%.
The increasing number of accidental cases due to heavy trafficking is expected to propel the growth of the healthcare adhesive tape market going forward. Road traffic accidents are defined as collisions involving two or more objects on the road, one of which is a moving vehicle of any sort, and the other of which is a person. Healthcare adhesive tapes such as bandages, gauze, and other dressings are applied to the skin around such injuries occurred in accidents.
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The healthcare adhesive tapes market is segmented:
1) By Resin Type: Acrylic, Rubber, Silicone, Other Resin Types
2) By Backing Material Type: Paper, Fabric, Plastic, Other Backing Material Types
3) By Application: Surgery, Wound Dressing, Splints, Secure IV Line, Ostomy Seal, Hygiene, Bandages, Transdermal Patches, and Blister Protection, Diagnostic, Monitoring and Medical Devices, and Optical Care, Other Applications
Product innovation is a key trend gaining popularity in the healthcare adhesive tapes market. Major companies operating in the healthcare adhesive tape market are focused on developing new products to strengthen their position in the healthcare adhesive tapes market. For instance, in April 2022, 3M Inc., a US-based medical devices company operating in the healthcare adhesive tapes market launched, 3M spun lace extended wear adhesive tape on the liner, 4576, a healthcare adhesive tape with a white spunlaced polyester nonwoven backing, coated with a unique pressure-sensitive acrylic adhesive used for longer wear applications, for up to 21 days. The innovative polyester nonwoven tape was developed for extended wear devices requiring attachment to the skin for up to a 21-day wear time.
The healthcare adhesive tapes market report table of contents includes:
1. Executive Summary
2. Healthcare Adhesive Tapes market Characteristics
3. Healthcare Adhesive Tapes market Trends And Strategies
4. Healthcare Adhesive Tapes market – Macro Economic Scenario
5. COVID-19 Impact On Healthcare Adhesive Tapes market
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26. Africa Healthcare Adhesive Tapes market
27. Healthcare Adhesive Tapes market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Healthcare Adhesive Tapes market
29. Healthcare Adhesive Tapes market Future Outlook and Potential Analysis
30. Appendix
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