The global Medical Tapes market is slated to accrue revenue worth nearly 1,861.72 (USD Million) by 2026 and record the CAGR of about 5.9% over the period from 2020 to 2026. The report offers assessment and analysis of the Medical Tapes market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million).
Introduction
Medical tapes which are also nick-named as surgical tapes are easily accessible in myriad Products for maintaining the safety of the bandages & dressings of various wounds. These devices are utilized for avoiding injuries occurring during sports events and for securing four drips that are utilized in medical treatment.
Furthermore, these products do not cause harm to the skin and allows air to pass through it. Various kinds of medical tapes are available and these include stretch tape, elastic tape, adhesive gauze tape, clear tape, zinc oxide tape, and paper tape. These tapes support injuries like torn ligaments and sprains for sportspersons. Moreover, athletes wear knee tapes for offering protection to injured part of the body during sports events or even during practice matches.
Details of the Report:
|
Report Metric |
Details |
|
Base Year |
2019 |
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Historical Data |
2017 and 2018 |
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Forecast period |
2020-2026 |
|
Market Representation |
Earnings provided in terms of USD Million and CAGR estimated from 2020 to 2026 |
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Segments Analyzed |
By Product, By End-User, and By Region |
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Regions Analyzed |
North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa |
Market Growth Dynamics
Prominent surge in the occurrence of hospital acquired infections, surging concerns pertaining to patient safety, and launching of new products will steer the growth of medical tapes market over the ensuing 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.
Apparently, the rising cases of burns and injuries will elevate the growth of the medical tapes industry over the years to come. Adoption of strategies such as product differentiation is likely to sketch a profitable roadmap for the medical tapes market over the upcoming years.
Asia Pacific To Lead Overall Market Growth During 2020-2026
The regional market growth over the forecast timeline is credited to massive sale of the product in the countries like Malaysia, China, Indonesia, Vietnam, Taiwan, and India.
Key players influencing the market growth include Andover Healthcare Inc., Medtronic Plc., Paul Hartmann AG, 3M, Scapa Group PLC, Johnson & Johnson, and Ad Tape & Label.
The global medical tapes market is segmented as follows:
By product
- Medical breathable PE (polyethylene) tape
- Medical breathable non-woven tape
- Easy-tear non-woven cloth tape
- Medical rayon tape
- Waterproof zinc oxide adhesive cloth tape
- Zinc oxide adhesive cloth tape
- Others
By end-user:
- Fixation
- Would Dressing
- Others
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
The key growth drivers that will leverage the market growth include an increase in the level of awareness about the benefit and utility of medical tapes in medical treatment.
The CAGR of the industry is expected to be nearly over 5.9% during the forecast timespan.
Asia Pacific region will contribute remarkably towards the global market share over the estimated timeline.
