The medical adhesive tapes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Medical Adhesive Tapes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The medical adhesive tapes market size has grown rapidly in recent years. It will grow from $8.26 billion in 2023 to $9.2 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to surgical procedures, aging population, increased chronic diseases, healthcare infrastructure, medical research and development.
The medical adhesive tapes market size is expected to see rapid growth in the next few years. It will grow to $13.51 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to rising telemedicine, pediatric healthcare, infection prevention protocols, medical device adhesion, trauma and emergency care. Major trends in the forecast period include advanced wound care products, digital health monitoring, innovative adhesive technologies, biocompatible and skin-friendly materials, wearable health devices.
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Scope Of Medical Adhesive Tapes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Medical Adhesive Tapes Market Overview
Market Drivers –
The rapid growth in surgical procedures/operations is significantly contributing to the growth of the medical adhesive tapes market. Surgical procedures or medical procedures involves an incision with instruments, performed to repair damage or to cure disease in a living body. Tapes such as surgical tapes and bandages are mainly used in pre- and post-surgery to control blood loss and to cure wounds. For instance, according to the Australian Institute of Health and Welfare, in 2021, the number of admissions for elective surgery from waiting lists was 9.6% higher than in 2020 in Australia. This increase in admissions was likely due to the greater level of restrictions in place for certain elective surgeries during 2020 in response to COVID-19. Therefore, the increasing general surgery workload drives the demand for growth of the medical adhesive tapes.
The medical adhesive tapes market covered in this report is segmented –
1) By Type: Acrylic, Silicone, Rubber, Other Types
2) By Material: Paper, Fabric, Plastic
3) By Application: Surgery, Wound Dressing, Splints, Secure IV lines, Ostomy Seals, Other Applications
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Regional Insights –
North America was the largest region in the medical adhesive tapes market in 2023. The Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical adhesive tapes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the medical adhesive tapes market include 3M Company, A.M.G. Medical Inc., Adchem Corporation, Avery Dennison Corporation, CCT Tapes, Dermamed Coatings Company LLC, Dermarite Industries LLC., Jiangsu Nanfang Medical Co. Ltd., Libatape Pharmaceutical Co. Ltd., Lohmann GmbH And Co. Kg, Mactac LLC, Nitto Denko Corporation, Paul Hartmann Ag, Scapa Group plc, Pinnacle Technologies, Cardinal Health Inc., McKesson Corporation, Essity AB, Dynarex Corporation, Molnlycke Health Care, Andover Healthcare Inc., Cohera Medical Inc., Fresenius Kabi AG, Protec International Ltd., Organogenesis Inc., DeRoyal Industries Inc., Polymer Science Inc., Adhezion Biomedical LLC, Santex Group
Table of Contents
1. Executive Summary
2. Medical Adhesive Tapes Market characterstics
3. Medical Adhesive Tapes Market Trends And Strategies
4. Medical Adhesive Tapes Market – Macro Economic Scenario
5. Global Medical Adhesive Tapes Market Size And Growth
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31. Global Medical Adhesive Tapes Market Competitive Benchmarking
32. Global Medical Adhesive Tapes Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Medical Adhesive Tapes Market
34. Medical Adhesive Tapes Market Future Outlook and Potential Analysis
35. Appendix
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