Global Medical Tapes and Bandages Market 2022-2026
Technavio has been monitoring the medical tapes and bandages market and it is poised to grow by $ 3.99 bn during 2022-2026, progressing at a CAGR of 9.06% during the forecast period. Our report on the medical tapes and bandages market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of surgical procedures worldwide, increasing incidence of sports injuries and chronic wounds, and growing demand from urgent care and trauma care facilities. In addition, the rising number of surgical procedures worldwide is anticipated to boost the growth of the market as well.
The medical tapes and bandages market analysis includes the end-user segment and geographic landscape.
Technavio's medical tapes and bandages market is segmented as below:
By End-user
- Hospitals
- Clinics
- Ambulatory care centers
- Home care
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the increasing participation in adventurous and recreational activities as one of the prime reasons driving the medical tapes and bandages market growth during the next few years. Also, the development of nanomaterial-based wound therapy products and smart bandages and significant demand from the geriatric population will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on medical tapes and bandages market covers the following areas:
- Medical tapes and bandages market sizing
- Medical tapes and bandages market forecast
- Medical tapes and bandages market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical tapes and bandages market vendors that include 3M Co., B. Braun Melsungen AG, Cardinal Health Inc., Coloplast AS, Essity Aktiebolag (publ), Integra LifeSciences Corp., Johnson and Johnson Inc., Lohmann and Rauscher GmbH and Co. KG, maxingvest AG, McKesson Corp., Medtronic Plc, Milliken and Co., Molnlycke Health Care AB, Nichiban Co. Ltd., Nitto Denko Corp., Paul Hartmann AG, Smith and Nephew plc, SAN NUTRITION PVT. LTD., Triage Meditech Pvt. Ltd., and Medline Industries Inc. Also, the medical tapes and bandages market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.