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Medical Adhesive Tapes Market Size, Trends, Analysis, and Outlook By Type (Acrylic, Silicone, Rubber), By Backing Material (Paper, Fabric, Plastic, Others), By Adhesion (Single Coated, Double Coated),By Application (Surgery, Wound Dressing, IV Lines, Others), By End Use (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Others), by Region, Country, Segment, and Companies, 2024-2030

March 2024 | 190 pages | ID: MADF8A044FD1EN
VPAResearch

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The global Medical Adhesive Tapes market size is poised to register 7.4% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Medical Adhesive Tapes market across By Type (Acrylic, Silicone, Rubber), By Backing Material (Paper, Fabric, Plastic, Others), By Adhesion (Single Coated, Double Coated),By Application (Surgery, Wound Dressing, IV Lines, Others), By End Use (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Others).

The Medical Adhesive Tapes market is witnessing robust growth driven by the increasing prevalence of chronic wounds, rising surgical procedures, and advancements in wound care technology. Medical adhesive tapes are versatile products used for wound closure, securement of medical devices, and support of joints and muscles, driving their demand in healthcare settings. Factors such as the growing geriatric population, rising incidence of chronic diseases, and expanding applications in sports medicine and first aid are driving market growth. Additionally, advancements in adhesive formulations, such as hypoallergenic and breathable materials, and innovations in tape design and construction are enhancing the performance and usability of medical adhesive tapes. Moreover, the increasing adoption of minimally invasive procedures, the expanding use of tapes in post-operative wound care and orthopedic applications, and the growing awareness about infection control and wound management are driving market expansion. Furthermore, efforts to develop eco-friendly and biocompatible tape materials, improve adhesive strength and skin compatibility, and address regulatory compliance and safety standards are expected to further accelerate market growth in the coming years.

Medical Adhesive Tapes Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Medical Adhesive Tapes market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Medical Adhesive Tapes survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Medical Adhesive Tapes industry.

Key market trends defining the global Medical Adhesive Tapes demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Medical Adhesive Tapes Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Medical Adhesive Tapes industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Medical Adhesive Tapes companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Medical Adhesive Tapes industry

Leading Medical Adhesive Tapes companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Medical Adhesive Tapes companies.

Medical Adhesive Tapes Market Study- Strategic Analysis Review

The Medical Adhesive Tapes market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Medical Adhesive Tapes Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Medical Adhesive Tapes industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Medical Adhesive Tapes Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Medical Adhesive Tapes Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Medical Adhesive Tapes market segments. Similarly, Strong end-user demand is encouraging Canadian Medical Adhesive Tapes companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Medical Adhesive Tapes market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Medical Adhesive Tapes Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Medical Adhesive Tapes industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Medical Adhesive Tapes market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Medical Adhesive Tapes Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Medical Adhesive Tapes in Asia Pacific. In particular, China, India, and South East Asian Medical Adhesive Tapes markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Medical Adhesive Tapes Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Medical Adhesive Tapes Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Medical Adhesive Tapes market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Medical Adhesive Tapes.

Medical Adhesive Tapes Market Company Profiles

The global Medical Adhesive Tapes market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Smith & Nephew, 3M, Medline Industries, LP, Paul Hartmann AG, Cardinal Health, Baxter, Johnson & Johnson Services, Inc, Nitto Denko Corporation, Nichiban Co Ltd, Lohmann Technologies

Recent Medical Adhesive Tapes Market Developments

The global Medical Adhesive Tapes market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Medical Adhesive Tapes Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Type

Acrylic

Silicone

Rubber

By Backing Material

Paper

Fabric

Plastic

Others

By Adhesion

Single Coated

Double Coated

By Application

Surgery

Wound Dressing

IV Lines

Others

By End Use

Hospitals

Specialty Clinics

Ambulatory Surgical Centers

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Smith & Nephew

3M

Medline Industries, LP

Paul Hartmann AG

Cardinal Health

Baxter

Johnson & Johnson Services, Inc

Nitto Denko Corporation

Nichiban Co Ltd

Lohmann Technologies

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Medical Adhesive Tapes Market Overview and Key Findings, 2024
1.2 Medical Adhesive Tapes Market Size and Growth Outlook, 2021- 2030
1.3 Medical Adhesive Tapes Market Growth Opportunities to 2030
1.4 Key Medical Adhesive Tapes Market Trends and Challenges
  1.4.1 Medical Adhesive Tapes Market Drivers and Trends
  1.4.2 Medical Adhesive Tapes Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Medical Adhesive Tapes Companies

2. MEDICAL ADHESIVE TAPES MARKET SIZE OUTLOOK TO 2030

2.1 Medical Adhesive Tapes Market Size Outlook, USD Million, 2021- 2030
2.2 Medical Adhesive Tapes Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. MEDICAL ADHESIVE TAPES MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. MEDICAL ADHESIVE TAPES MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Type
Acrylic
Silicone
Rubber
By Backing Material
Paper
Fabric
Plastic
Others
By Adhesion
Single Coated
Double Coated
By Application
Surgery
Wound Dressing
IV Lines
Others
By End Use
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Medical Adhesive Tapes Market, 2025
5.2 Asia Pacific Medical Adhesive Tapes Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Medical Adhesive Tapes Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Medical Adhesive Tapes Market, 2025
5.5 Europe Medical Adhesive Tapes Market Size Outlook by Type, 2021- 2030
5.6 Europe Medical Adhesive Tapes Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Medical Adhesive Tapes Market, 2025
5.8 North America Medical Adhesive Tapes Market Size Outlook by Type, 2021- 2030
5.9 North America Medical Adhesive Tapes Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Medical Adhesive Tapes Market, 2025
5.11 South America Pacific Medical Adhesive Tapes Market Size Outlook by Type, 2021- 2030
5.12 South America Medical Adhesive Tapes Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Medical Adhesive Tapes Market, 2025
5.14 Middle East Africa Medical Adhesive Tapes Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Medical Adhesive Tapes Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Medical Adhesive Tapes Market Size Outlook and Revenue Growth Forecasts
6.2 US Medical Adhesive Tapes Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Medical Adhesive Tapes Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Medical Adhesive Tapes Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Medical Adhesive Tapes Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Medical Adhesive Tapes Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Medical Adhesive Tapes Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Medical Adhesive Tapes Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Medical Adhesive Tapes Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Medical Adhesive Tapes Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Medical Adhesive Tapes Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Medical Adhesive Tapes Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Medical Adhesive Tapes Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Medical Adhesive Tapes Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Medical Adhesive Tapes Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Medical Adhesive Tapes Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Medical Adhesive Tapes Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Medical Adhesive Tapes Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Medical Adhesive Tapes Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Medical Adhesive Tapes Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Medical Adhesive Tapes Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Medical Adhesive Tapes Industry Drivers and Opportunities

7. MEDICAL ADHESIVE TAPES MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. MEDICAL ADHESIVE TAPES COMPANY PROFILES

8.1 Profiles of Leading Medical Adhesive Tapes Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Smith & Nephew

3M

Medline Industries, LP
Paul Hartmann AG
Cardinal Health
Baxter
Johnson & Johnson Services, Inc
Nitto Denko Corporation
Nichiban Co Ltd
Lohmann Technologies

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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