Global Medical Adhesive Tapes Market is valued at approximately USD 713.11 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2022-2029. Medical adhesive tapes are used to attach components to equipment such as diagnostic tools and other medical devices. The medical adhesive tapes offer features including porosity, water resistance, shear strength, and adhesive strength. The increasing prevalence of chronic diseases and related conditions, rising geriatric population, coupled with the surge in the number of surgical cases are the chief factors that are propelling the market demand across the globe.
The increasing number of road accidents and trauma cases is acting as one of the key driving factors for the growth of the market. For instance, according to the WHO, traffic-related fatalities in Thailand kill 22,941 people annually, or around 33% of all fatalities. Additionally, it was estimated that nearly 41,862 fatalities in Indonesia in 2018 were attributed to traffic accidents as per the WHO. Therefore, the increase in the use of medical adhesive tapes in accidents is anticipated to augment the market growth. Furthermore, introduction of innovative and advanced products, as well as rising strategic initiatives by the key players are leveraging various growth prospects over the forecasting years. However, stringent regulatory policies and increasing manufacturing costs stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Medical Adhesive Tapes Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rising public awareness, availability of advanced healthcare infrastructure, and presence of significant market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the increasing number of diabetics, rise in surgical procedures, as well as the growing usage of wound dressing in the regional market.
Major market players included in this report are:
- Smith & Nephew
- 3M
- Medline Industries, LP
- Paul Hartmann AG
- Cardinal Health
- Baxter International
- Johnson & Johnson
- Nitto Denko Corporation
- Nichiban
- Lohmann GmbH & Co. KG
Recent Developments in the Market:
- In May 2022, 3M announced the introduction of an extended-wear medical adhesive tape, which is specially designed to use over the skin for up to 21 days.
Global Medical Adhesive Tapes Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Adhesion, Application, End-User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
By Adhesion:
- Single Coated
- Double Coated
By Application:
- Surgery
- Wound Dressing
- IV Lines
- Others
By End-User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Medical Adhesive Tapes Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Medical Adhesive Tapes Market, by Type, 2019-2029 (USD Million)
- 1.2.3. Medical Adhesive Tapes Market, by Adhesion, 2019-2029 (USD Million)
- 1.2.4. Medical Adhesive Tapes Market, by Application, 2019-2029 (USD Million)
- 1.2.5. Medical Adhesive Tapes Market, by End-User, 2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Medical Adhesive Tapes Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Medical Adhesive Tapes Market Dynamics
- 3.1. Medical Adhesive Tapes Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing number of road accidents and trauma cases
- 3.1.1.2. Surge in the number of surgical cases
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent regulatory policies
- 3.1.2.2. Increasing manufacturing cost
- 3.1.3. Market Opportunities
- 3.1.3.1. Introduction of innovative and advanced products
- 3.1.3.2. Rising strategic initiatives by the key players
Chapter 4. Global Medical Adhesive Tapes Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Medical Adhesive Tapes Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Medical Adhesive Tapes Market by Type, Performance - Potential Analysis
- 6.3. Global Medical Adhesive Tapes Market Estimates & Forecasts by Type 2019-2029 (USD Million)
- 6.4. Medical Adhesive Tapes Market, Sub Segment Analysis
- 6.4.1. Acrylic
- 6.4.2. Silicone
- 6.4.3. Rubber
Chapter 7. Global Medical Adhesive Tapes Market, by Adhesion
- 7.1. Market Snapshot
- 7.2. Global Medical Adhesive Tapes Market by Adhesion, Performance - Potential Analysis
- 7.3. Global Medical Adhesive Tapes Market Estimates & Forecasts by Adhesion 2019-2029 (USD Million)
- 7.4. Medical Adhesive Tapes Market, Sub Segment Analysis
- 7.4.1. Single Coated
- 7.4.2. Double Coated
Chapter 8. Global Medical Adhesive Tapes Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Medical Adhesive Tapes Market by Application, Performance - Potential Analysis
- 8.3. Global Medical Adhesive Tapes Market Estimates & Forecasts by Application 2019-2029 (USD Million)
- 8.4. Medical Adhesive Tapes Market, Sub Segment Analysis
- 8.4.1. Surgery
- 8.4.2. Wound Dressing
- 8.4.3. IV Lines
- 8.4.4. Others
Chapter 9. Global Medical Adhesive Tapes Market, by End-User
- 9.1. Market Snapshot
- 9.2. Global Medical Adhesive Tapes Market by End-User, Performance - Potential Analysis
- 9.3. Global Medical Adhesive Tapes Market Estimates & Forecasts by End-User 2019-2029 (USD Million)
- 9.4. Medical Adhesive Tapes Market, Sub Segment Analysis
- 9.4.1. Hospitals
- 9.4.2. Specialty Clinics
- 9.4.3. Ambulatory Surgical Centers
- 9.4.4. Others
Chapter 10. Global Medical Adhesive Tapes Market, Regional Analysis
- 10.1. Medical Adhesive Tapes Market, Regional Market Snapshot
- 10.2. North America Medical Adhesive Tapes Market
- 10.2.1. U.S. Medical Adhesive Tapes Market
- 10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Adhesion breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. End-User breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Medical Adhesive Tapes Market
- 10.3. Europe Medical Adhesive Tapes Market Snapshot
- 10.3.1. U.K. Medical Adhesive Tapes Market
- 10.3.2. Germany Medical Adhesive Tapes Market
- 10.3.3. France Medical Adhesive Tapes Market
- 10.3.4. Spain Medical Adhesive Tapes Market
- 10.3.5. Italy Medical Adhesive Tapes Market
- 10.3.6. Rest of Europe Medical Adhesive Tapes Market
- 10.4. Asia-Pacific Medical Adhesive Tapes Market Snapshot
- 10.4.1. China Medical Adhesive Tapes Market
- 10.4.2. India Medical Adhesive Tapes Market
- 10.4.3. Japan Medical Adhesive Tapes Market
- 10.4.4. Australia Medical Adhesive Tapes Market
- 10.4.5. South Korea Medical Adhesive Tapes Market
- 10.4.6. Rest of Asia Pacific Medical Adhesive Tapes Market
- 10.5. Latin America Medical Adhesive Tapes Market Snapshot
- 10.5.1. Brazil Medical Adhesive Tapes Market
- 10.5.2. Mexico Medical Adhesive Tapes Market
- 10.5.3. Rest of Latin America Medical Adhesive Tapes Market
- 10.6. Rest of The World Medical Adhesive Tapes Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Smith & Nephew
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. 3M
- 11.2.3. Medline Industries, LP
- 11.2.4. Paul Hartmann AG
- 11.2.5. Cardinal Health
- 11.2.6. Baxter International
- 11.2.7. Johnson & Johnson
- 11.2.8. Nitto Denko Corporation
- 11.2.9. Nichiban
- 11.2.10. Lohmann GmbH & Co. KG
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption