Medical Tapes and Bandages Market Status, Growth, Trends and Outlook - 2028 | Mölnlycke Health Care AB, Smith & Nephew PLC, Ethicon Inc

"The global Medical Tapes and Bandages market is projected to reach USD 9.74 Million by 2028 from USD 7.01 Million in 2020, at a CAGR of 4.2% from 2021 to 2028."

The market's growth is driven by rising chronic diseases, road accidents, technological advancements, and the increasing use of medical tapes and bandages in healthcare settings, including hospitals and clinics.

Fastest Growing Market ⇨ Asia Pacific

Largest Market ⇨ North America

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► Growth Drivers

The global Medical Tapes and Bandages Market is expanding due to rising wound infection rates and increased awareness of their benefits. Burns cause 50,000 deaths annually, and the rising income of low and middle-income countries is expected to boost market growth. However, restraints such as increasing awareness about advanced wound care products and rising pricing pressure in market players pose challenges to the market's growth. Despite these challenges, the market is expected to continue expanding due to the increasing demand for medical tapes and bandages.

► Restraint

Advanced wound care products are gaining popularity due to their ability to accelerate the healing process for chronic wounds by providing a moist environment. Traditional wound dressings take longer to heal and are less effective in certain wound types. As a result, these products are being used as first-line therapy for infection control and healing speed. As a result, they are expected to cannibalize the market for medical bandages and tapes in the coming years.

► Who are the major players in this industry?

Mölnlycke Health Care AB, Smith & Nephew PLC, Ethicon Inc., Medtronic, 3M, Beiersdorf AG, Urgo Medical, Dynarex Corporation, Winner Medical Group, Inc., McKesson Corporation, Cardinal Health, 3L Medicinal Products Group, B.Braun Melsungen AG, Paul Hartmann AG, and others.

► Recent Developments in Medical Tapes and Bandages Market

Recent developments in Medical Tapes and Bandages industry, even after market report release, support market trends outlined in analysis.

⇨ According to the International Diabetes Federation (IDF), the global diabetic cases will increase from 415.0 million in 2015 to 642.0 million by 2040.

⇨ In June 2022, 3M entered into an agreement to sell its rights to the Neoplast and Neobun brands and related assets in Thailand and certain other Southeast Asia countries, including the manufacturing assets of its Ladlumkaew, Thailand, facility to Selic Corp Public Company Limited (Selic). Neoplast and Neobun products portfolios include sports and medical tapes, bandages, and medicated products for the consumer and health care industry.

⇨ In April 2021, Tricol Biomedical and Tactical Medical Solutions have partnered to launch the next generation of the OLAES Modular Bandage. By combining the proven battlefield effectiveness of HemCon ChitoGauze PRO with the time-tested OLAES Modular Bandage, the two companies have created a cutting-edge convenience kit - the OLAES Hemostatic Modular Bandage.

► What exactly does market segmentation cover?

Medical Tapes and Bandages Market by Product, (In USD Million)

» Medical Tapes

» Medical Bandages

Medical Tapes and Bandages Market by Application, (In USD Million)

» Surgical Wound Treatment

» Traumatic Wound Treatment

» Ulcer Treatment

Medical Tapes and Bandages Market by End-User, (In USD Million)

» Hospitals,

» Ambulatory Care Centers

» Clinics

► Regional Analysis of the Medical Tapes and Bandages Market

The market development, current market trends, and some research methodologies are all covered in the Medical Tapes and Bandages Industry research report. It draws attention to crucial aspects like product portfolios, software architectures, and production strategies that have a direct impact on the market. Our research shows that even minor changes to a product's qualities can have a big impact on the previously mentioned criteria.

Key Geographical Regions

North America (US, Canada)
Europe (Germany, UK, France, Italy, Spain)
Asia-Pacific (China, Australia, Japan)
Middle East and North Africa
Latin America    
         
► Table of Content:

1 Study Reporting
1.1 Medical Tapes and Bandages Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Medical Tapes and Bandages Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Medical Tapes and Bandages Market Size
2.1.1 Global Medical Tapes and Bandages Revenue
2.1.2 Global Medical Tapes and Bandages Production
2.2 Medical Tapes and Bandages Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Medical Tapes and Bandages Manufacturers
2.3.2.1 Medical Tapes and Bandages Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Medical Tapes and Bandages Product Offered
2.3.2.3 Date of Manufacturers Enter into Medical Tapes and Bandages Market
2.4 Key Trends for Medical Tapes and Bandages Markets & Products

3 Market Size by Manufacturers
3.1 Medical Tapes and Bandages Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Medical Tapes and Bandages Production by Regions

4.1 Global Medical Tapes and Bandages Production by Regions
4.1.1 Global Medical Tapes and Bandages Production Market Share by Regions
4.1.2 Global Medical Tapes and Bandages Revenue Market Share by Regions
4.2 United States
4.2.1 United States Medical Tapes and Bandages Production
4.2.2 United States Medical Tapes and Bandages Revenue
4.2.3 Key Players in United States
4.2.4 United States Medical Tapes and Bandages Import & Export
4.3 Europe
4.3.1 Europe Medical Tapes and Bandages Production
4.3.2 Europe Medical Tapes and Bandages Revenue

5 Medical Tapes and Bandages Consumption by Regions

5.1 Global Medical Tapes and Bandages Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Medical Tapes and Bandages Breakdown Dada by Application
7.2.1 Global Medical Tapes and Bandages Consumption by Application
7.2.2 Global Medical Tapes and Bandages Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Medical Tapes and Bandages Production and Revenue Forecast
9.1.1 Global Medical Tapes and Bandages Production Forecast
9.1.2 Global Medical Tapes and Bandages Revenue Forecast
9.2 Medical Tapes and Bandages Production and Revenue Forecast by Regions
9.2.1 Global Medical Tapes and Bandages Revenue Forecast by Regions
9.2.2 Global Medical Tapes and Bandages Production Forecast by Regions
9.3 Medical Tapes and Bandages Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Medical Tapes and Bandages Production Forecast by Type
9.4.2 Global Medical Tapes and Bandages Revenue Forecast by Type

10 Consumption Forecast
10.1 Medical Tapes and Bandages Consumption Forecast by Application
10.2 Medical Tapes and Bandages Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Medical Tapes and Bandages Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Medical Tapes and Bandages Consumption Forecast by Regions
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Medical Tapes and Bandages Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Medical Tapes and Bandages Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Medical Tapes and Bandages Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Medical Tapes and Bandages Sales Channels
11.2.2 Medical Tapes and Bandages Distributors
11.3 Medical Tapes and Bandages Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Medical Tapes and Bandages Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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► Research Methodology

The report is based on data analysis strategies by skilled data analysts. The research methodology involves collecting and analyzing information to provide significant market predictions. Interviews with market influencers make primary research relevant and practical. The secondary method provides a direct insight into demand and supply. Both primary and secondary data collection methods are used, along with publicly available sources like annual reports and white papers, to provide a comprehensive understanding of the market. The report offers precise data analysis and a comprehensive market tour.

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