According to IMARC Group’s latest report, titled “Medical Tapes and Bandages Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global medical tapes and bandages market exhibited moderate growth during 2015-2020. Medical tapes and bandages are pressure-sensitive adhesive tapes that are used for supporting wound dressings. They are made using cotton gauge cloth to cover surgical, traumatic, burn, sports injuries and ulcer wounds and splints. These tapes and bandages adhere to open wounds, maintain moisture levels and prevent infections. They are also utilized to stop hemorrhaging and aids in the faster healing of wounds in emergencies.
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The global medical tapes and bandages market is primarily driven by the increasing number of surgeries due to the rise in incidences of chronic wounds such as diabetic foot, pressure and venous leg ulcers, and ulcerative colitis (UC). Besides this, there has been rising awareness regarding advanced wound care products, such as waterproof and antimicrobial tapes and bandages, produced using hydrogel, foam, alginate and novel biomaterials. Furthermore, growing cases of hospital acquired infections (HAIs), significant improvements in the healthcare infrastructure and extensive research and development (R&D) activities are expected to fuel the market in the upcoming years. Looking forward, IMARC Group expects the global medical tapes and bandages market to grow at a CAGR of around 4% during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- 3M Company
- Braun Melsungen AG
- Beiersdorf AG
- Cardinal Health Inc.
- Integra Lifesciences Corporation
- Johnson & Johnson
- Medline Industries Inc.
- Medtronic plc
- Mölnlycke Health Care AB
- Nitto Denko Corporation
- Paul Hartmann AG
- Smith & Nephew PLC.
Breakup by Product:
- Medical Tapes
- Fabric Tapes
- Paper Tapes
- Plastic Tapes
- Medical Bandages
- Gauze Bandages
- Adhesive Bandages
- Cohesive and Elastic Bandages
Breakup by Application:
- Surgical Wounds
- Traumatic Wounds
- Burn Injury
- Sport Injury
Breakup by End Use:
- Hospitals and Clinics
- Ambulatory Surgical Centers
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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