Medical Tapes Market Size, Share, Future Development, Top Manufacturers, and Forecast to 2027

Growth Projections for the Medical Tapes Market Through 2027

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.

Request for Analysis of COVID-19 Impact on Medical Tapes Market –
https://www.coherentmarketinsights.com/insight/request-sample/3794

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.

Request PDF Brochure Report –
https://www.coherentmarketinsights.com/insight/request-pdf/3794

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.

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

The post Medical Tapes Market Size, Share, Future Development, Top Manufacturers, and Forecast to 2027 appeared first on Gatorledger.