Medical Adhesive Tapes Market - Forecast(2023 - 2028)
Medical Adhesive Tapes Market Overview
Covid-19 Impact
Report Coverage
Key Takeaways
- Asia-Pacific market is expected to hold the largest share in the Medical Adhesive Tapes Market, owing to the exponential increase in the population in countries like India and China.
- Medical adhesive tapes are extensively used in the medical field. Medical adhesive tapes are used in both major and minor cases and therefore is considered one of the significant medical aid, which is a must in every medical care units.
- The increase in demand for medical adhesive tapes is driven by the increasing medical quality and the medical procedures around the world.
- The increasing aged population has also driven
the need and demand for Medical Adhesive Tapes Market hugely.
![Medical Adhesive Tapes Market](https://i.imgur.com/YgLf4jK.jpg)
Medical Adhesives Tapes Market Segment Analysis – By Backing Material
Medical Adhesives Tapes Market Segment Analysis – By Type
Medical Adhesives Tapes Market Segment Analysis – By Tape Types
Medical Adhesives Tapes Market Segment Analysis – By User type
Medical Adhesives Tapes Market Segment Analysis – By Application
Medical Adhesives Tapes Market Segment Analysis – By Geography
Medical Adhesives Tapes Market Drivers
Increase in surgical procedures
Growing population in emerging countries coupled with the Increasing aging population
The exponential growth in population in countries like India and China
has hugely contributed to the increasing demand for medical adhesive tape. The
increasing population eventually leads to the development of medical care,
which has led to the demand for medical equipment and medical applications.
This has eventually led to the demand for medical adhesive tapes and related
products. Owing to the development in quality and innovation in the medical
field, the average life expectancy has increased over the years. This has led
to the increase in the population of aged individuals around the world. This in
turn has given rise to the medical procedures and treatments of such
individuals, which has resulted in the need for medical adhesive tapes and
surged the demand for it.
Medical Adhesives Tapes Market Challenges
Increasing cost pressure on manufacturers and Increasing awareness about wound care products
There has been a constant pressure on manufacturers to increase the cost of the products due to the market competition. The manufacturers are therefore, pushed to manufacture low-cost products to stay competitive in the market and retain their position. This eventually puts the manufacture in a tough spot, as to whether they have to produce quality product or low-cost product to withstand the competition. The increase in awareness about the wound care products, such as ointments, lotions etc., are posing as a major threat to the dressing and tape materials. This has been giving a tough competition to the medical adhesive tape market, since these products extensively act as substitute for the medical adhesive tapes.
Medical Adhesives Tapes Market Industry Outlook
Expansions, partnerships, new
product launches, acquisitions, and mergers are some of the key strategies
adopted by players in the Medical adhesive tape Market. Major players in the Medical
adhesive tape market are 3M, Kendall & Company Inc.,
Molnlycke, Cardinal Health, Shandong Cheerain Medical, Co., Ltd, Johnson
& Johnson Services, Nitto Denko Corporation Inc., Paul Hartmann AG, Avery
Dennison Corporation among others.
Acquisitions/Technology Launches
- In December 2020, 3M launched a new silicone adhesive tape- 3M Hi-Tack Silicone Adhesive Tapes. 3M's new silicone adhesive helps improve lives of patients using wearable medical devices needing longer wear. The first of its class is the 2480 3M™ Single Coated Medical Nonwoven Tape with Hi-Tack Silicone Adhesive on Liner, featuring longer wear times, supporting heavier devices and offering more secure adhesion.
Relevant Reports
LIST OF TABLES
1.Global Medical Adhesive Tapes Market By Resin Type Market 2019-2024 ($M)1.1 Acrylic Market 2019-2024 ($M) - Global Industry Research
1.2 Silicone Market 2019-2024 ($M) - Global Industry Research
1.3 Rubber Market 2019-2024 ($M) - Global Industry Research
2.Global Medical Adhesive Tapes Market By Resin Type Market 2019-2024 (Volume/Units)
2.1 Acrylic Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Silicone Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Rubber Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Medical Adhesive Tapes Market By Resin Type Market 2019-2024 ($M)
3.1 Acrylic Market 2019-2024 ($M) - Regional Industry Research
3.2 Silicone Market 2019-2024 ($M) - Regional Industry Research
3.3 Rubber Market 2019-2024 ($M) - Regional Industry Research
4.South America Medical Adhesive Tapes Market By Resin Type Market 2019-2024 ($M)
4.1 Acrylic Market 2019-2024 ($M) - Regional Industry Research
4.2 Silicone Market 2019-2024 ($M) - Regional Industry Research
4.3 Rubber Market 2019-2024 ($M) - Regional Industry Research
5.Europe Medical Adhesive Tapes Market By Resin Type Market 2019-2024 ($M)
5.1 Acrylic Market 2019-2024 ($M) - Regional Industry Research
5.2 Silicone Market 2019-2024 ($M) - Regional Industry Research
5.3 Rubber Market 2019-2024 ($M) - Regional Industry Research
6.APAC Medical Adhesive Tapes Market By Resin Type Market 2019-2024 ($M)
6.1 Acrylic Market 2019-2024 ($M) - Regional Industry Research
6.2 Silicone Market 2019-2024 ($M) - Regional Industry Research
6.3 Rubber Market 2019-2024 ($M) - Regional Industry Research
7.MENA Medical Adhesive Tapes Market By Resin Type Market 2019-2024 ($M)
7.1 Acrylic Market 2019-2024 ($M) - Regional Industry Research
7.2 Silicone Market 2019-2024 ($M) - Regional Industry Research
7.3 Rubber Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)2.Canada Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
3.Mexico Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
4.Brazil Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
5.Argentina Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
6.Peru Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
7.Colombia Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
8.Chile Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
9.Rest of South America Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
10.UK Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
11.Germany Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
12.France Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
13.Italy Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
14.Spain Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
15.Rest of Europe Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
16.China Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
17.India Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
18.Japan Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
19.South Korea Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
20.South Africa Medical Adhesive Tapes Market Revenue, 2019-2024 ($M)
21.North America Medical Adhesive Tapes By Application
22.South America Medical Adhesive Tapes By Application
23.Europe Medical Adhesive Tapes By Application
24.APAC Medical Adhesive Tapes By Application
25.MENA Medical Adhesive Tapes By Application
26.3M Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Medtronic PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Nitto Denko Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Johnson & Johnson, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Smith & Nephew PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Scapa Group PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Paul Hartmann AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Avery Dennison Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Additional Companies, Sales /Revenue, 2015-2018 ($Mn/$Bn)