Home / Medical Devices / Medical Tapes & Bandages Market - Growth, Future Prospects & Competitive Analysis, 2018-2026

Medical Tapes & Bandages Market - Growth, Future Prospects & Competitive Analysis, 2018-2026

Overview:

Medical tapes or pressure tapes are pressure sensitive adhesive tapes utilized for bandage or other dressing support, whereas medical bandages are cotton gauze utilized for supporting products including dressing and splint. Medical tapes and bandages are utilized to uphold moisture at the application site, support wound healing, and provide bacterial and mechanical safety.

The key factors driving the global medical tapes and bandages market include the increasing incidence of the chronic diseases such as diabetic ulcers, pressure ulcers, and rising geriatric population. According to the statistics presented by the Population Reference Bureau, individuals over 65 years will reach around 98 million by 2060 in the United States creating a pool 24% of total population. According to the American Burn Association, an average of 450,000 and 1,000,000 people require burn treatment every year in the United States and India respectively. The high patient pool of burn cases along with the burden of surgeries and trauma cases are expected to drive the market throughout the forecast period.

Among the various product types, bandages segment held major market share in 2017 owing to increasing number of surgical procedures and other medical situations. Similarly, surgical wound treatment application dominated the market in 2017 due to rising prevalence of chronic diseases demanding surgical intervention and diabetic foot ulcers among others. Based on end-user, the global medical tapes & bandages market is segmented into hospitals, clinics, ambulatory surgery centers, and home healthcare. Hospital segment is expected to hold the major share throughout the forecast period.

In 2017, the global medical tapes and bandages market was dominated by North America due to increasing geriatric population and rising patient awareness about disease & wound infections. Furthermore, Asia Pacific market expected to experience the fastest growth throughout the forecast period owing to the plentiful untapped opportunities in the region.

The Global Medical Tapes & Bandages Market is segmented on the following bases:

  • Global Medical Tapes & Bandages Market, by Product Type, 2016-2026 (US$ Mn)
    • Tapes
      • Fabric tapes
      • Plastic tapes
      • Paper tapes
      • Other tapes
    • Bandages
      • Muslin bandage rolls
      • Elastic bandages
      • Triangular bandages
      • Orthopedic bandages
      • Elastic plaster bandages
      • Other bandages
  • Global Medical Tapes & Bandages Market, by Application, 2016-2026 (US$ Mn)
    • Surgical wound treatment
    • Traumatic wound treatment
    • Ulcer treatment
    • Sports injury treatment
    • Burn injury treatment
    • Other injury treatment
  • Global Medical Tapes & Bandages Market, by End-user, 2016-2026 (US$ Mn)
    • Hospitals
    • Ambulatory surgery centers
    • Clinics
    • Homecare
  • Global Medical Tapes & Bandages Market, by Geography, 2016-2026 (US$ Mn)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • Rest of APAC
    • Latin America (LATAM)
      • Brazil
      • Mexico
      • Rest of LATAM
    • Middle East and Africa (MEA)
      • GCC
      • Rest of MEA

Key Players Identified in Medical Tapes & Bandages Market include:

Medtronic Plc, 3M Company, Johnson & Johnson, Inc., B. Braun Melsungen AG, Smith & Nephew Plc, Cardinal Health, Inc., Paul Hartmann AG, and Molnlycke Healthcare Inc.     

This report offers:

  • Market estimations of the global medical tapes and bandages for the span of 10 years from 2016 to 2026
  • Ample overview of the global medical tapes & bandages market including the current market dynamics and future trends
  • Profiling of the key players operating in the medical tapes & bandages market along with graphical positioning of the major players
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