Medical Adhesive Tapes Market Overview
The MarketsandMarkets published a new report entitled Medical Adhesive Tapes Market 2022-2026. The global medical adhesive tapes market is estimated at USD 8.6 billion in 2021 and is projected to reach USD 11.5 billion by 2026, at a CAGR of 6.1% between 2021 and 2026. The drivers of medical adhesive tapes market growth are identified as the rising number of surgeries, increasing incidence of diabetes, and the growing number of ambulatory surgery centers. The market for medical adhesive tapes shares analysis by Type (Acrylic, Silicone, Rubber), Backing Material (Paper, Fabric, Plastic), Application (Surgeries, Wound Dressings, Secure IV Lines, Splints, Ostomy Seals) and Region. The research analyses the market in depth and includes valuable insights, facts, historical data, and scientifically backed and industry-validated market figures.
Medical Adhesive Tapes Market Key Players
- 3M company (US)
- Medtronic PLC (US)
- Medline Industries (US)
- Avery Dennison Corporation (US)
- Johnson & Johnson (US)
- Smith & Nephew plc (United Kingdom)
- Nichiban (Japan)
- Paul Hartmann AG (Germany)
- Nitto Denko Corporation (Japan)
- Scapa Group PLC (United Kingdom).
In line with the rising demand for medical adhesive tapes, 3M Company offers a broad spectrum of products, including adhesives, bonding materials, coatings, and specialty materials. The company operates through four business segments, namely, Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. In the medical and surgical area, 3M is a supplier of medical tapes, dressings, wound closure products, orthopedic casting materials, electrodes, and stethoscopes. 3M Company (US) holds a top position due to its strong product portfolio.
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Medtronic Inc. occupies second position due to its global distribution capabilities and its strong financial background that strengthens its market position. The company has expanded in markets in Latin America and Asia -Pacific. The company’s Minimally Invasive Therapies Group is further divided into Surgical Solutions and Patient Monitoring & Recovery.
Medical Adhesive Tapes Market Segmentation
The research report includes specific segments by resin, backing material, application, and region
By resin type
- Acrylic
- Silicone
- Rubber
- Others
Silicone is the second-largest resin type in the overall medical adhesive tapes market
Silicone is the second-largest resin type in the overall medical adhesive tapes market as they can withstand higher temperatures than rubber-and acrylic-based medical adhesive tapes. Over the past few years, the demand for silicone medical adhesive tapes has increased in the stick-to-skin market of the medical sector. These tapes have lower peel adhesion compared to synthetic rubber and acrylic tapes.
By basis of backing material
- Paper
- Fabric
- Plastic
- Others
Paper is the fastest-growing segment of the market during the forecast period
Paper is a widely used backing material that adheres lightly to an individuals skin. It is most widely used for people (adults and infants) with sensitive skin. These are widely used for applications such as dressing and fixation of tubes. These tapes provide excellent comfort compared to the fabric medical adhesive tapes.
By Application
- Surgery
- Wound Dressing
- Splints
- Secure IV lines
- Ostomy Seals
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- South America
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Asia Pacific is projected to be the fastest-growing market for medical adhesive tapes
The Asia Pacific is projected to be the fastest-growing market for medical adhesive tapes, in terms of value, due to the improving healthcare services and the rising level of income in this region. The rising population of the region, along with high disposable income and improved healthcare activities in this region, is driving the medical adhesive tapes market. Nitto Denko Corporation (Japan) and Nichiban Co., Ltd. (Japan) are the important players in this region.
TABLE OF CONTENTS
1 INTRODUCTION (Page No. – 34)
1.1 OBJECTIVES OF STUDY
1.2 MARKET DEFINITION
1.2.1 MARKET INCLUSIONS AND EXCLUSIONS
1.2.1.1 Market inclusions
1.2.1.2 Market exclusions
1.3 MARKET SCOPE
FIGURE 1 MEDICAL ADHESIVE TAPES: MARKET SEGMENTATION
1.3.1 BY REGION
1.3.2 YEARS CONSIDERED FOR STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. – 38)
2.1 RESEARCH DESIGN
FIGURE 2 MEDICAL ADHESIVE TAPES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key primary data sources
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primary interviews
Continued….