Press release
Medical Tapes Market Opportunity By 2024 | Top Key Players are 3M, Johnson & Johnson, Paul Hartmann AG, Scapa Group PLC, Andover Healthcare Inc., Ad Tape & Label, and Medtronic Plc
The global medical tapes market report begins with an overview of medical tapes and key market definitions. This section also underlines factors influencing the growth of the global medical tapes market along with a detailing of the key trends, drivers, restraints, and opportunities. Impact analysis of key regional growth drivers and restraints based on the weighted average model along with key region-specific trends is included in the report to better equip clients with information and hidden insights.
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In a new report titled ‘Medical Tapes Market: Global Industry Analysis and Forecast 2016 – 2024’, Persistence Market Research analyzes the performance of the global medical tapes market over an eight-year period and provides insights on the key factors and trends likely to influence the market during the forecast period (2016 – 2024). The global medical tapes market is expected to register a CAGR of 5.8% during the forecast period 2016–2024. In this report, the global medical tapes market is tracked in terms of value and is calibrated to obtain market revenue estimates.
The global medical tapes market is segmented based on product type into adhesive tapes, elastic tapes, silicone tapes, paper tapes, and silk cloth tapes. Based on application, the market has been segmented into wounds & injuries and surgeries & securement. Based on distribution channel, the market has been segmented into hospitals, Ambulatory Surgical Centers (ASCs), clinics, and homecare settings.
The next section of the report highlights the growth trends of the medical tapes market by regions. It provides a market outlook for 2016–2024 and sets the forecast within the context of the global medical tapes market. The study discusses key regional trends contributing to the growth of the medical tapes market worldwide, as well as analyses the extent to which drivers are influencing this market in each region. Key regions assessed in this report include North America, Latin America, Europe, Asia Pacific, and MEA.
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Based on product type, the global medical tapes market has been segmented into adhesive tapes, elastic tapes, silicone tapes, paper tapes, and silk cloth tapes. The silicone tapes segment is projected to be the fastest growing product segment over the forecast period, owing to its increasing usage and safety among children and elder patients. The silk cloth tapes segment is estimated to account for 29.1% revenue share in 2016 and is expected to grow significantly over the forecast period.
On the basis of application, the market has been segmented into wounds & injuries and surgeries & securement. The wounds & injuries segment accounted for the highest revenue share of 68.2% in 2015 in the global medical tapes market and is expected to retain its dominance throughout the forecast period.
On the basis of distribution channel, the market has been segmented into hospitals, Ambulatory Surgical Centers (ASC), clinics, and homecare settings. The hospitals segment is the most preferred medium of medical tapes distribution, accounting for the highest revenue share of 44.4% in 2015, and is expected to retain its dominance throughout the forecast period.
List of Tables
1. Global Medical Tapes Market Value (US$ Mn) Analysis and Forecast by Product Type, 2015–2024
2. Global Medical Tapes Market Value (US$ Mn) Analysis and Forecast by Application, 2015–2024
3. Global Medical Tapes Market Value (US$ Mn) Analysis and Forecast by End User, 2015–2024
4. Global Medical Tapes Market Value (US$ Mn) Analysis and Forecast by Region, 2015–2024
5. North America Medical Tapes Market Analysis
6. Europe Medical Tapes Market Analysis
7. APAC Medical TapesMarket Analysis
8. Latin America Medical Tapes Market Analysis
9. MEA Medical Tapes Market Analysis
10. Competitive Landscape
11. Assumptions & Acronyms Used
12. Research Methodology
List of Figures
Figure 01: Global Medical Tapes Market – Scenario Forecast, 2015–2024 (US$ Mn)
Figure 02: Global Medical Tapes Market Value (US$ Mn) & Y-o-Y Growth (%), 2015–2024
Figure 03: Global Medical Tapes Market Absolute $ Opportunity, 2016–2024
Figure 04: Global Medical Tapes Market Share Analysis (%) By Product Type, 2016 & 2024
Figure 05: Global Medical Tapes Y-o-Y growth (%) By Product Type, 2016–2024
Figure 06: Global Medical Tapes Market Value (US$ Mn) & Y-o-Y Growth (%) By Adhesive Tape Segment, 2015–2024
Figure 07: Global Medical Tapes Market Absolute $ Opportunity by Adhesive Tapes Segment, 2016–2024
Figure 08: Global Medical Tapes Market Value (US$ Mn) & Y-o-Y Growth (%) By Elastic Tapes Segment, 2015–2024
Figure 09: Global Medical Tapes Market Absolute $ Opportunity by Elastic Tapes Segment, 2016–2024
Figure 10: Global Medical Tapes Market Value (US$ Mn) & Y-o-Y Growth (%) By Silk Cloth Tape Segment, 2015–2024
Figure 11: Global Medical Tapes Market Absolute $ Opportunity by Silk Cloth Tape Segment, 2016–2024
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Research methodology
The global medical tapes market report utilizes extensive primary and secondary research to ascertain overall market size, top industry players, top products, industry associations, etc. The report incorporates various viewpoints based on secondary research. Furthermore, data points such as regional split and market split by product type, application type, distribution channel, and region; and qualitative inputs from industry experts have been taken into consideration to arrive at suitable market estimates. The report begins by sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the ever-fluctuating nature of the global economy, the report presents forecasts not only in terms of CAGR, but also analyzes the global medical tapes market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities in the global medical tapes market.
Another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global medical tapes market. Further, to understand key market segments in terms of growth and performance in the global medical tapes market, Persistence Market Research has developed a market attractiveness index to help providers identify real market opportunities in the global medical tapes market.
Competitive landscape
Some of the key companies covered in the global medical tapes report include 3M, Johnson & Johnson, Paul Hartmann AG, Scapa Group PLC, Andover Healthcare Inc., Ad Tape & Label, and Medtronic Plc. These companies are primarily focused on enhancing their market share by entering new markets and by introducing innovative and cost-effective medical tapes in order to gain a higher market share and to strengthen their respective position in the global medical tapes market.
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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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