Medical Tapes Market

Medical Tapes Market, By Product Type (Adhesive Tape, Elastic Tapes, Silicone Tapes, Paper Tape, and Silk Cloth Tapes), By Application (Wounds and Injuries and Surgeries and Securement), By End User (Hospitals, Ambulatory Surgical Centers, Clinics, and Home Care Setting), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Medical adhesive tape, or surgical tape, is used to attach bandages, gauze, and other dressings to the skin around wounds. The majority of adhesive tapes are pressure-sensitive tapes that adhere and remain in place when firmly applied. There is no need for heat activation or a solvent for applying. Medical adhesive tapes can be made from various materials, but most are breathable for comfort and ease-of-use. Some are softer materials such as cotton, and others are more elastic to support flexibility. Examples of medical tapes are adhesive tapes, elastic tapes, silk cloth tapes, silicone tapes, and paper tapes. These tapes allow air to circulate around the wound and provide compression around the wound. Medical tape serves many important purposes in care delivery. Adhesive materials hold breathing tubes in place, secure intravenous lines and help people manage post-operative drains, ports and other devices. Medical adhesive tapes are composed of several layers including a tape backing and an adhesive layer. Tape backing is often made of silk, cloth, or paper depending on bonding with adhesive and breathability of material. Rising prevalence of road accidents and increasing number of surgeries are expected drive the global medical tapes market growth. Road accidents and other traumatic incidents are on the rise globally. For instance, WHO estimates that traffic-related deaths account for around 33% of all fatalities in Thailand each year, killing 22,941 people. Additionally, according to the WHO, there were approximately 41,862 fatalities in Indonesia related to traffic accidents in 2018. Such accidents are expected to propel the use of medical adhesive tapes over the forecast period.

Market Dynamics

The key market players are focusing on adoption of growth strategies such as product launches, and this is expected to drive the global medical tapes market growth. For instance, on January 11, 2023, H.B. Fuller, a major adhesives manufacturing company that supplies industrial adhesives worldwide, announced the launch of Swift melt 1515-I, its first bio-compatible product compliant in IMEA- - India, the Middle East, and Africa. The product is for medical tape applications to be used in stick-to-skin under unique climatic conditions such as high temperatures and humidity in the Indian sub-continent.

Key features of the study:

This report provides an in-depth analysis of the global medical tapes market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global medical tapes market based on the following parameters-company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as part of this study include 3M, Johnson & Johnson Services, Inc., Paul Hartmann AG, Scapa Group Ltd (Acquired by Mativ), Milliken, ATL Corp., Medtronic, Medline Industries, LP, Cardinal Health, Smith+Nephew, and McKesson Corporation

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global medical tapes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical tapes market

Detailed Segmentation:

Global Medical Tapes Market, By Product Type:

Adhesive Tape

Elastic Tapes

Silicone Tapes

Paper Tape

Silk Cloth Tape

Global Medical Tapes Market, By Application:

Wounds and Injuries

Surgeries and Securement

Global Medical Tapes Market, By End User:

Hospitals

Ambulatory Surgical Centers

Clinics

Home Care Settings

Global Medical Tapes Market, By Region:

North America

By Country:

U.S.

Canada

Latin America

By Country:

Brazil

Mexico

Argentina

Rest of Latin America

Europe

By Country:

Germany

U.K.

France

Italy

Spain

Russia

Rest of Europe

Asia Pacific

By Country:

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

By Country:

GCC

Israel

Rest of Middle East

Africa

By Country/Sub-region:

South Africa

Central Africa

North Africa

Company Profiles

3M

Company Overview

Product Portfolio

Key Highlights

Financial Overview

Strategies

Johnson & Johnson Services, Inc.

Paul Hartmann AG

Scapa Group Ltd (Acquired by Mativ)

Milliken

ATL Corp.

Medtronic

Medline Industries, LP

Cardinal Health

Smith+Nephew

McKesson Corporation

“*” marked represents similar segmentation in other categories in the respective section.