Medical Tapes Market – Increasing investments of advanced wound care product is expected to be a major factor driving the growth of the global market
Medical Tapes Market – Increasing investments of advanced wound care product is expected to be a major factor driving the growth of the global market
Published by Coherent Market Insights
Posted on September 28, 2021
Medical tapes or surgical tapes are a type of pressure-sensitive tapes with adhesive and are used to either hold a bandage or other dressing onto a wound. These tapes have hypoallergenic adhesives, which are designed in a way to hold dressing materials firmly onto the skin and can be removed easily without causing any damage to the skin. The tapes are breathable so that air can reach the skin. Some breathable tapes are made of cotton such as Kinesiology tapes. Medical tapes are generally white in color as they contain zinc oxide, which is added to prevent the wounds from getting infected. 3M Micropore are widely used to make these tapes. Sometimes, medical tapes are used in sports to add a non-slip wrapping on things that need good grips such as lacrosse sticks, hockey sticks, and tennis racquets owing to the rough texture of these tapes.
The key factors enhancing growth of the medical tapes market include an increase in chronic diseases and injuries, rising cases of diabetic foot and ulcers, and rising demand for surgical procedures. For instance, according to data by SafeWork Australia, in June 2017-18, Australia recorded over 107,335 work-related injuries.
Moreover, increasing events of wounds infection is another major concern for medical professionals and patients. Hence, taking proper care of the wound is necessary to reduce infection. Especially the wounds caused by trauma, surgery, and burns catch infections faster. The demand for secure wound dressing is also growing, owing to the global increase of patients. According to World Health Organization (WHO), every year, burns account for around 180,000 global deaths. The major incidences occur in middle and low-income countries, thus an increase in awareness and income of these regions is estimated to positively affect the growth of medical tapes market.
However, the main restraining factor hindering growth of the medical tapes market is that advanced wound dressing is more expensive than traditional wound dressing. Due to these high costs, many patients opt out of advanced wound dressing and prefer traditional dressing, despite the slow healing process.
This market is distributed in five regions that include North America, Europe, Asia Pacific, Middle East, and Africa, and Latin America. Among these, Asia Pacific is expected to hold a bigger share of the medical tapes market, owing to the rise of medical concerns, high-income groups, and road accidents in this region. For instance, according to the National Informatics Centre, in 2018, India recorded over 467,044 road accidents. North America and Europe are expected to witness a significant growth in the market, owing to the presence of high-income groups and the abundance of medical professionals in the regions.
Major players operating in the global medical tapes market include 3M, Paul Hartmann AG., Johnson & Johnson, Scapa Group PLC, Ad Tape & Label, Andover Healthcare Inc., and Medtronic plc.
In April 2019, 3M launched 4075, an Extended Wear Medical Transfer Adhesive. Likewise in August 2019, Hartmann Group acquired Safran Coating to expand its product portfolio.
Reasons to Purchase this Report
• To gain an in-depth understanding of Medical Tapes market globally
• To identify the on-going trends and anticipated growth in the next nine years
• To help industry consultants, Medical Tapes market other stakeholders align their market-centric strategies
• To obtain research-based business decisions and add weight to presentations and marketing strategies
• To gain competitive knowledge of leading market players
Section 1: Global Medical Tapes Industry Overview Section 2: Global Economic Impact on Medical Tapes Industry Section 3: Global Market Competition by Industry Producers Section 4: Global Productions, Revenue (Value), according to Regions Section 5: Global Supplies (Production), Consumption, Export, Import, geographically Section 6: Global Productions, Revenue (Value), Price Trend, Product Type Section 7: Global Market Analysis, on the basis of Application Section 8: Medical Tapes Market Pricing Analysis Section 9: Market Chain, Sourcing Strategy and Downstream Buyers Section 10: Strategies and key policies by Distributors/Suppliers/Traders Section 11: Key Marketing Strategy Analysis, by Market Vendors Section 12: Market Effect Factors Analysis Section 13: Global Medical Tapes Market Forecast
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
Medical tapes or surgical tapes are a type of pressure-sensitive tapes with adhesive and are used to either hold a bandage or other dressing onto a wound. These tapes have hypoallergenic adhesives, which are designed in a way to hold dressing materials firmly onto the skin and can be removed easily without causing any damage to the skin. The tapes are breathable so that air can reach the skin. Some breathable tapes are made of cotton such as Kinesiology tapes. Medical tapes are generally white in color as they contain zinc oxide, which is added to prevent the wounds from getting infected. 3M Micropore are widely used to make these tapes. Sometimes, medical tapes are used in sports to add a non-slip wrapping on things that need good grips such as lacrosse sticks, hockey sticks, and tennis racquets owing to the rough texture of these tapes.
The key factors enhancing growth of the medical tapes market include an increase in chronic diseases and injuries, rising cases of diabetic foot and ulcers, and rising demand for surgical procedures. For instance, according to data by SafeWork Australia, in June 2017-18, Australia recorded over 107,335 work-related injuries.
Moreover, increasing events of wounds infection is another major concern for medical professionals and patients. Hence, taking proper care of the wound is necessary to reduce infection. Especially the wounds caused by trauma, surgery, and burns catch infections faster. The demand for secure wound dressing is also growing, owing to the global increase of patients. According to World Health Organization (WHO), every year, burns account for around 180,000 global deaths. The major incidences occur in middle and low-income countries, thus an increase in awareness and income of these regions is estimated to positively affect the growth of medical tapes market.
However, the main restraining factor hindering growth of the medical tapes market is that advanced wound dressing is more expensive than traditional wound dressing. Due to these high costs, many patients opt out of advanced wound dressing and prefer traditional dressing, despite the slow healing process.
This market is distributed in five regions that include North America, Europe, Asia Pacific, Middle East, and Africa, and Latin America. Among these, Asia Pacific is expected to hold a bigger share of the medical tapes market, owing to the rise of medical concerns, high-income groups, and road accidents in this region. For instance, according to the National Informatics Centre, in 2018, India recorded over 467,044 road accidents. North America and Europe are expected to witness a significant growth in the market, owing to the presence of high-income groups and the abundance of medical professionals in the regions.
Major players operating in the global medical tapes market include 3M, Paul Hartmann AG., Johnson & Johnson, Scapa Group PLC, Ad Tape & Label, Andover Healthcare Inc., and Medtronic plc.
In April 2019, 3M launched 4075, an Extended Wear Medical Transfer Adhesive. Likewise in August 2019, Hartmann Group acquired Safran Coating to expand its product portfolio.
Reasons to Purchase this Report
• To gain an in-depth understanding of Medical Tapes market globally
• To identify the on-going trends and anticipated growth in the next nine years
• To help industry consultants, Medical Tapes market other stakeholders align their market-centric strategies
• To obtain research-based business decisions and add weight to presentations and marketing strategies
• To gain competitive knowledge of leading market players
Section 1: Global Medical Tapes Industry Overview Section 2: Global Economic Impact on Medical Tapes Industry Section 3: Global Market Competition by Industry Producers Section 4: Global Productions, Revenue (Value), according to Regions Section 5: Global Supplies (Production), Consumption, Export, Import, geographically Section 6: Global Productions, Revenue (Value), Price Trend, Product Type Section 7: Global Market Analysis, on the basis of Application Section 8: Medical Tapes Market Pricing Analysis Section 9: Market Chain, Sourcing Strategy and Downstream Buyers Section 10: Strategies and key policies by Distributors/Suppliers/Traders Section 11: Key Marketing Strategy Analysis, by Market Vendors Section 12: Market Effect Factors Analysis Section 13: Global Medical Tapes Market Forecast
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
Contact:
Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Email: sales@coherentmarketinsights.com United States of America: +1-206-701-6702 United Kingdom: +44-020-8133-4027 Japan: +050-5539-1737 India: +91-848-285-0837