The Global Medical Adhesive Tapes Market is Predict to reach $1 Billion by 2028, at a CAGR of 5.3%

Medical Adhesive Tapes Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Medical Adhesive Tapes Market size is expected to reach $1 billion by 2028, rising at a market growth of 5.3% CAGR during the forecast period.

The Hospitals market is generating high revenue in the Global Medical Adhesive Tapes Market by End-user in 2021, thereby, achieving a market value of $466.6 million by 2028. This is due to increased surgical procedures, the number of hospitals, and incidental occurrences in various countries. A rise in accidents led to an increase in surgical procedures and the usage of medical adhesive tapes. Due to the aforementioned considerations, it is expected that the hospital segment will dominate the end-use segment

The Wound Dressing market is registering a CAGR of 5.5% during (2022 - 2028). This can be attributed to the increased utilization of wound dressings for acute and chronic wounds. It is anticipated that an increase in chronic wounds such as venous leg ulcers, diabetic foot ulcers, and pressure ulcers will need the usage of medical adhesive tapes.

The Double Coated market is leading the segment in the Global Medical Adhesive Tapes Market by Adhesion in 2021; thereby, achieving a market value of $597.1 million by 2028. Double-coated medical tapes or double-sided coated medical tapes have an adhesive coating on both sides. Thus, double-coated medical tapes serve as a means of adhering two surfaces together. Numerous applications for double-coated medical tapes include the manufacturing of medical devices, the attachment of hairpieces, bandages, and the construction of surgical drapes.

The Silicone market is experiencing a CAGR of 5.5% during (2022 - 2028). This can be credited to the increasing demand for medical silicone adhesive tapes. Diverse factors contribute to the increased demand for their products. These repositionable tapes make it possible to observe and examine the wound without replacing the dressing. This extends the wear time.

The North America market dominated the Global Medical Adhesive Tapes Market by Region in 2021; thereby, achieving a market value of $408.4 million by 2028. The Europe market is poised to grow at a CAGR of 5% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 6.3% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/medical-adhesive-tapes-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 3M Company, Medtronic PLC, Baxter International, Inc., Johnson & Johnson, Smith & Nephew PLC, Cardinal Health, Inc., HARTMANN Group (Paul Hartmann AG), Nitto Denko Corporation, Medline Industries, Inc. and Lohmann GmbH & Co.KG

Global Medical Adhesive Tapes Market Segmentation

By End-user

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Others

By Application

• Surgery
• Wound Dressing
• IV Lines
• Others

By Adhesion

• Double Coated
• Single Coated

By Type

• Acrylic
• Silicone
• Rubber

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• 3M Company
• Medtronic PLC
• Baxter International, Inc.
• Johnson & Johnson
• Smith & Nephew PLC
• Cardinal Health, Inc.
• HARTMANN Group (Paul Hartmann AG)
• Nitto Denko Corporation
• Medline Industries, Inc.
• Lohmann GmbH & Co.KG

Related Reports:

North America Medical Adhesive Tapes Market Size, Share, 2028

• January-2023
• 86 Pages

LAMEA Medical Adhesive Tapes Market Size & Forecast by 2028

• January-2023
• 99 Pages

Europe Medical Adhesive Tapes Market Size & Forecast by 2028

• January-2023
• 98 Pages

Asia Pacific Medical Adhesive Tapes Market Size & Growth 2028

• January-2023
• 98 Pages