Global Medical Tapes Market-Industry Analysis, Growth, Segmentation and Forecast-2020-2027

 The Global Medical Tapes market was valued $xx Mn in 2020 and is expected to reach $xx Mn by 2027, at a CAGR of xx%.

Global Medical Tapes market Introduction and Overview

While designing a medical device, wearable sensor, wound care dressing or other skin contact application, it is important to know how long the adhesive is needed to adhere to the skin. There are many factors that affect the duration and performance of the pressure sensitive adhesive (PSA). Each tape manufacturer offers many PSA wear options.

Typically, the construction of the tape consists of nonwoven, film or foam backings coated with acrylic, rubber or silicone adhesives. Carrier materials commonly used in carriers include Polyester, Polyethylene, Polyurethane and Silicone. Polyester is easy to adhere, but less flexible whereas polyethylene is more conformable and soft. Polyurethane is very flexible, soft and breathable and can withstand sterilization.

Each manufacturer determines approximate wear time according to their own criteria. 3M, Adhesives Research, DermaMed and Vancive studied wear times on human subjects using criteria such as breathability, edge lift, irritation, removability and adhesive residue. To best match the adhesive with the requirements of the application, a wide variety of products are needed. Lots of options available today, each offering unique features with various wear times. Production of new comfortable tapes by key players is helping the market to grow.

Prominent surge in the occurrence of hospital acquired infections, increasing concerns pertaining to patient safety, and launching of new products will accelerate the growth of medical tapes market in the coming years. Apart from this, an increase in the level of awareness about the benefit and utility of medical tapes among both the doctors and patient population in medical treatment & medical contingencies will trigger the market growth over the forthcoming years. In addition to this, the rising cases of burns and injuries will elevate the growth of the medical tapes industry over the years to come.

The report contains detailed analysis of Strengths, Weakness and opportunities of the key players operating in the Medical Tapes market. It also provides information on current market trends, competitive ranking analysis, regional bifurcation, turnover forecasts, industry drivers and the key challenges.

The report has profiled seven key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analysing the market and estimation the size of the same. The growing healthcare infrastructure in each region is different and focus is given on availability of advanced technology and new techniques.

Global Medical Tapes market Segment Analysis

Among the product type segments, the silk cloth tapes segment is expected to grow at a significant CAGR of xx% in the global medical tapes market. The segment is expected to contribute a major share in the market revenue.

Among the application segments, the wounds and injuries segment is estimated to register significant share of xx%. Increasing occurrence of wound infection is a serious problem for patients as well as healthcare professionals. Thus, proper wound care is important to reduce the infection. Wounds primarily caused due to surgery, burns, and trauma results into infections. The wounds need to be covered properly with comfortable and safe tapes.

By end-use, the hospital segment is expected to register a CAGR of xx% during the forecast period. Hospitals held a leading revenue share of xx% in the Medical Tapes market in 2020. Majority of patients opt to undergo surgery procedures in hospitals. Surgeries and other operations are performed majorly in hospitals, due to availability of all tools and technologies required. The hospital segment is expected to retain its significance in the forecast period.

Global Medical Tapes Market

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Global Medical Tapes market Segmentation

The Global Medical Tapes Market is segmented based on-

Global Medical Tapes market Product type

• Adhesive tapes

• Silicon tapes

• Paper tapes

• Silk cloth tapes

Global Medical Tapes market Applications

• Wounds & injuries

• Surgeries & securement

Global Medical Tapes market Distribution Channels

• Hospitals

• Ambulatory Surgical Centers

• Clinics

• Others

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Global Medical Tapes market Regional Insights

Global Medical Tapes Market1

Asia Pacific is expected to witness significant growth of xx% during the forecast period due to the increasing hospital admission cases. The allocation of a large amount of healthcare expenditure for hospitals and dispensing medicines to the elderly is expected drive the market demand. In addition, the rapidly growing medical tourism industry in these countries can be attributed to the increase in demand for wound dressing products in this region.

North America is also expected to collectively account for a significant revenue of the market during the forecast period.

Key Players Operating the Global Medical Tapes market

• 3M

• Paul Hartmann

• Andover healthcare, INC

• Medtronic PLC

• Johnson & Johnson

• Scapa Group, PLC

• Ad Tape & Label

The report also helps in understanding Global Medical Tapes market dynamics, structure by analysing the market segments and project Global Medical Tapes market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Medical Tapes market make the report investor’s guide.