Overview and Scope
Medical adhesive tape refers to a type of strip of fabric or other material that is coated with a pressure-sensitive material on one side and sticks quickly to a wounded surface. These tapes are usually breathable, comfortable, and easy to use, and they cover wounds to reduce exposure to germs.
Sizing and Forecast
The medical adhesive tapes market size has grown rapidly in recent years. It will grow from <b>$8.26 billion in 2023 to $9.2 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. </b> 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 <b>$13.51 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. </b> 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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Segmentation & Regional Insights
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
<b>North America</b> was the largest region in the medical adhesive tapes market in 2023. The <b>Asia-Pacific</b> 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.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the medical adhesive tapes market include <b> 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 </b>
The medical adhesive tapes market report table of contents includes:
1. Executive Summary
2. Medical Adhesive Tapes Market Characteristics
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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26. South America Medical Adhesive Tapes Market
27. Brazil Medical Adhesive Tapes Market
28. Middle East Medical Adhesive Tapes Market
29. Africa Medical Adhesive Tapes Market
30. Medical Adhesive Tapes Market Competitive Landscape And Company Profiles
Top Major Players:
- 3M Company
- A.M.G. Medical Inc.
- Adchem Corporation
- Avery Dennison Corporation
- CCT Tapes
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