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Medical Tape Market Size, Top Players, Revenue, Share, Future Trends, Report and Forecast 2031 | Winner Medical Group, Urgo Medical, Paul Hartmann AG

11-20-2023 09:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Medical Tape Market Size, Top Players, Revenue, Share, Future

The global medical tape market revenue was around US$ 2.8 billion in 2021 and is estimated to reach US$ 3.8 billion by 2031, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period from 2022 to 2031.

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Medical tape is an adhesive that was created especially to be applied directly to the skin to secure bandages, medical devices, and other first aid. It should have the following qualities to function optimally ease of application, skin safety, and strength to remain effective even when the skin is bending, moving, or moist.

Factors Influencing Market Growth

- The rise in the frequency of healthcare-acquired infections, the increase in the number of surgeries performed, and the frequency of injuries and wounds all contribute to driving the market's expansion.

- The rise in traffic accidents and the widespread use of bandages and medical tapes in various healthcare facilities are both significantly boosting the market growth.

- The development of tape technology improvements creates lucrative opportunities in the market for the key players.

- The availability of alternatives such as cutting-edge wound care products and the significant potential for skin damage caused by medical adhesives. Thus, these factors restrain the market growth.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a negative impact on the market. Due to the lockdown enacted by the government, wound care services were halted and the supply chain was disrupted. Additionally, reports indicated that there were fewer and fewer surgical procedures conducted. Even yet, there has been a little uptick in demand for medical tapes because of the rising incidence of infections contracted in hospitals.

Regional Insights

Asia Pacific dominated the market in terms of the largest revenue share and is predicted to maintain its position during the forecast period. This is due to its massive patient population, potent key player presence, easy accessibility of products, a higher number of research, well-developed healthcare infrastructure development, creative activities, and higher use of cutting-edge technologies in this region. Thus, these factors boost the market growth.

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Leading Competitors
The leading competitors in the global medical tape market are:
- Winner Medical Group
- Urgo Medical
- Paul Hartmann AG
- 3M Company
- B. Braun Melsungen AG
- Cardinal Health
- Smith & Nephew PLC
- Johnson & Johnson
- Dynarex Corporation
- Medtronic plc
- McKesson Corporation
- Andover Healthcare Inc
- Ad Tape & Label Company
- Coloplast A/S
- Integra Lifesciences Holdings Corporation
- Jiangxi 3L Medical Products Group Co Ltd
- Scapa Group PLC
- Others
Segmentation Analysis
The global medical tape market segmentation focuses on Product, Application, End User, and Region.
Segmentation based on Product
- Fabric Tapes
o Acetate
o Viscose
o Cotton
o Silk
o Polyester
o Others
- Paper Tapes
- Plastic Tapes
- Others
Segmentation based on Application
- Surgery
- Wound Dressing
- Secure IV lines
- Others
Segmentation based on End User
- Hospitals
- Ambulatory Surgery Centers
- Clinics
- Others

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Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific

- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA

- South America
- Brazil
- Argentina
- Rest of South America

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Table of Content

Chapter 1: Global Medical Tape Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Medical Tape market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Medical Tape Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Medical Tape market Size Forecast (2023-2031).

Continue….

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of Medical Tape market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the Medical Tape market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the Medical Tape market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate Medical Tape business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

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About Report Ocean:

Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

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Telephone: +1 888 212 3539 (US - Toll-Free)

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