Medical Tapes and Bandages Market Growth, Analysis Report, Share, Trends and Overview 2023-2029

The global medical tapes and bandages market is anticipated to grow at a modest CAGR of around 4.1% during the forecast period. Medical Tapes are designed to assist with a range of conditions and injuries that helps to reduce swelling, protect wounds, among others. In addition, they are widely used in health care practice, securing dressings and bandages onto a wound and hold catheters and drainage lines in place. The market for medical taps and bandages is growing due to various pivotal factors such as the rising number of surgeries, increasing incidence related to road accidents, burns, and trauma events globally, and the growing prevalence of diabetes. According to the National Plastic Surgery Statistic, in 2020, there was a total of 2.3 billion cosmetic surgery procedures occurred including all type of surgeries. Whereas according to WHO, approximately 1.35 million people die each year as a result of road traffic crashes, among these, more than 90% of road traffic deaths occurs in low- and middle-income countries.

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Moreover, according to the American Association for the Surgery of Trauma, in the US, traumatic injury accounts for over 150,000 deaths and over 3 million non-fatal injuries per year. Due to these incidents, the demand for medicals taps and bandages has surged globally. Which in turn, further helps to boost the market growth? Moreover, the rising prevalence of foot ulcers due to increasing diabetes among the geriatric population is also expected to upsurge the use of medical taps and bandages in treatment procedures. According to Foot International, in 2017, 425 million people were estimated to living with diabetes, this count is further anticipated to reach around 628 million by 2025. Due to this, there will be high chances that these people will develop a foot ulcer. As the occurrence of foot ulcer in diabetic people is high according to the same source.

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Market Coverage

The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered-
o By Products

o By Application

o By End-User

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- 3M, B. Braun Melsungen AG, Cardinal Health, Inc., Johnson & Johnson, Services Inc., Medline Industries, Inc., Smith & Nephew plc, among Others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Pericardial Disease Market Report by Segment

By Products

Medical Bandage
o Gauge Bandage

o Adhesive Bandage

o Cohesive and Elastic Bandage

o Other Medical Bandage

Medical Tapes
o Fabric Tapes

o Paper Tapes

o Plastic Tapes

o Other Tapes

By Application

Surgical Wound Treatment
Traumatic Wound Treatment
Ulcer Treatment
Sports Injury Treatment
Burn Injury Treatment
Other Application

By End-User

Hospitals & Clinics
Ambulatory Surgery Center
Home Care Setting
Medical Tapes and Bandages Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

3M Co.
Andover Healthcare Inc.
ASO, LLC
Avcor Healthcare Products Inc.
Braun Melsungen AG
Beiersdorf AG
BSN Medical GmbH
Cardinal Health, Inc.
Derma Sciences, Inc.
Hollister, Inc.
Johnson & Johnson, Services Inc.
Karl Otto Braun GmbH & Co. Kg.

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