|04-23-2018 02:11 PM CET - Health & Medicine||
Medical Tapes and Bandages Market Forecasting CAGR Of 3.6% By Global Key Players Like 3M, Medtronic, Derma Sciences Inc., Johnson & Johnson Consumer Inc., Cardinal Health, Inc., Smith & Nephew, Medline Industries, Inc.
Press release from: Data Bridge Market Research
Global Medical Tapes and Bandages Market is expected to reach USD 7.90 billion by 2025, from USD 6.18 billion in 2017 growing at a CAGR of 3.6% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 and 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Medical Tapes and Bandages Market, By Product (Medical Bandages, Medical Tapes), By Application (Surgical Wound Treatment, Traumatic Wound Treatment, Ulcer Treatment, Sports Injury Treatment, Burn Injury Treatment, Others), By End User (Hospitals, Ambulatory Surgery Centers, Clinics, Home Care Settings) By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) and Forecast to 2025.
Major Market Drivers and Restraints:
• Rising geriatric population base resulting in increasing incidence of chronic illness and injuries.
• Increasing incidence of pressure ulcer, diabetic foot and surgical procedures
• Escalating incidence of wound infection
• High cost
• Adverse effect on skin
The global medical tapes and bandages market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical tapes and bandages market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
Some of the major players operating in the global medical tapes and bandages market are 3M, Medtronic, Derma Sciences Inc., Johnson & Johnson Consumer Inc., Cardinal Health, Inc., Smith & Nephew, Medline Industries, Inc., B Braun Melsungen AG, Paul Hartman AG, Beiersdorf, Nitto Denko Corporation, BSN Medical, Mölnlycke Health Care, Andover Healthcare Inc., Nichiban Co., Ltd., Dukal Corporation, Dynarex Corporation, Lohmann & Rauscher, Avcor Health Care Products, Inc, Aso Medical, Tetra Medical Supply Corporation, Amd Medicom Inc., Kerma Medical Products Inc., Walgreens, Dermarite Industries, LLC., among others.
Medical tapes are the pressure sensitive adhesive tapes used for supporting bandage and other wound dressings. Medical bandages are a cotton gauge cloth beneficial for supporting medical devices such as surgical dressing or splint. They are used to maintain moisture at site of dressing, promote wound healing and provide mechanical & bacterial protection to the wound. The demand for these are increasing in various application like surgical wound treatment, traumatic wound treatment, ulcer treatment, sports injury treatment and burn injury treatment. According to United Nation Population Fund (UNFPA), the population above 60 and more involve more than the 12.3% of global population and by 2050 it may rise to reach around 20% of global population. Due to growing geriatric population, the cases of acute and chronic diseases are rising. Rising elderly populace and along with increasing chronic disorders will help in the growth of medical tapes and bandages industrial demand.
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Scope of the Report:
The global medical tapes and bandages market is segmented based on product, application and end-user.
Based on product, the global medical tapes and bandages market is segmented into medical bandages and medical tapes. Medical bandages market segment is further sub segmented into gauze bandages, adhesive bandages, cohesive and elastic bandages and others. Medical tapes segment is further sub segmented into fabric tapes, paper tapes, plastic tapes, and others.
On the basis of application, the global medical tapes and bandages market is classified into surgical wound treatment, traumatic wound treatment, ulcer treatment, sports injury treatment, burn injury treatment and others.
On the basis of end-user, the global medical tapes and bandages market is classified into hospitals, ambulatory surgery centers, clinics, home care settings and others.
Based on geography, the global medical tapes and bandages market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
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