US Medical Tapes & Wraps Market - Focused Insights 2023-2028

US Medical Tapes & Wraps Market - Focused Insights 2023-2028

REPORT OVERVIEW

This report offers market size & forecast data for the US medical tapes & wraps market. The revenue generated from the sale of medical tapes & wraps are included in the report. This report provides a comprehensive and current market scenario of the US medical tapes & wraps market, including the US medical tapes & wraps market size, anticipated market forecast, relevant market segmentations, and industry trends.

The study considers a detailed scenario of the present medical tapes & wraps market and its market dynamics for 2023−2028 in the US. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.

MARKET DEFINITION

Medical tape is an adhesive tape specifically designed to be used directly on the skin to hold wound bandages or other first aid or medical appliances in place.

KEY HIGHLIGHTS

• In US, the medical tapes & wraps market was valued at $2.31 billion in 2022 and is expected to reach $2.90 billion by 2028, growing at a CAGR of 3.84%.
• In North America, in 2022, the US dominated the market with more than 90.00%, which can be attributed to the increased prevalence of chronic diseases, increasing surgical procedures, increasing road accidents, and the increased adoption of surgical tapes.
• In 2022, the medical wraps/bandages segment accounted for the highest share of 74.45% and is projected to grow at the highest CAGR of 3.51% during the forecast period. The increased demand for medical bandages is due to their wide usage and the better features of this material.
• In 2022, the wound management segment accounted for the highest share of 45.83% and is projected to grow at the highest CAGR of 2.99% during the forecast period. The rise in surgical wounds increasing prevalence of chronic diseases such as cancer, diabetes, ulcers, and others are the factors that drive the market.
• In 2022, the hospitals segment accounted for the highest share of 36.23% in 2022 and is projected to grow at the highest CAGR of 3.06% during the forecast period. This domination is due to the availability of long-term care facilities, arrangement of surgeries, continuous availability of services, and addressing individual health.
• Medline Industries, Johnson & Johnson, 3M Co., Cardinal Health, and Essity AB are some leading players currently dominating the US medical tapes & wraps market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the medical tapes & wraps market and to gain access to commercially launched products.

Vendors List

1. Medline Industries

2. Johnson & Johnson

3. 3M Co.,

4. Cardinal Health

5. McKesson

6. Essity AB

7. Integra LifeSciences

8. Smith & Nephew Plc

9. B. Braun Melsungen AG

10. Paul Hartmann AG

11. Nitto Denko Corp (Nitto)

12. Beiersdorf AG

13. Nichiban Co., Ltd.

14. Coloplast A/S

15. Scapa Group plc (Scapa)

16. Milliken & Co

17. Winner Medical Group, Inc.

18. Hollister Inc

19. Avcor Health Care

20. Advancis Medical

21. The ASO Group

22. Dynarex Corp

23. Jiangxi 3L Medical Products Group Co., Ltd.

24. Molnlycke Health Care

25. Seyitler Kimya Sanayi AS

26. ATL Corp

27. DeRoyal Industries, Inc.

28. Dermarite Industries LLC

29. North Coast Medical

30. Libatape Pharmaceutical Co., Ltd.,

REPORT HIGHLIGHTS

PRODUCT SEGMENTATION & FORECAST

• Product

▪ Medical Wraps

▪ Medical Tapes

• Application

▪ Wound Management

▪ Pain Management

▪ Preventive Management

▪ Others

• End-user

▪ Hospitals

▪ Wound Care Centers

▪ Physician Offices

▪ Ambulance Surgical Centers

▪ Others



MARKET STRUCTURE

• Market Dynamics
• Competitive Landscape of Medical Tapes & Wraps Market
• Key Vendors
• Other Prominent Vendors

APPENDIX

• Research Methodology
• Abbreviations
• About Arizton