openPR Logo
Press release

Medical Tape Market Size, Trends, Growth, Opportunities (2024-2032) | Cardinal Health, 3M, Beiersdorf, Smith and Nephew, Nichiban

11-25-2024 09:33 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Medical Tape Market

Medical Tape Market

The medical tape market was valued at USD 1.25 billion in 2023 and is projected to grow from USD 1.30 billion in 2024 to USD 2.07 billion by 2032, recording a CAGR of 5.9% during the forecast period (2024-2032).

The medical tape market is experiencing significant growth, driven by advancements in adhesive technology, the rising demand for wound care products, and increased surgical procedures worldwide. As a critical component in healthcare, medical tapes are evolving to meet diverse patient and professional needs, from biocompatibility to enhanced adhesive strength.

๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—ช๐—ต๐—ฎ๐˜ ๐—ฌ๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐— ๐—ถ๐˜€๐˜€๐—ถ๐—ป๐—ด: ๐—š๐—ฒ๐˜ ๐—ฎ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ (๐—ฃ๐——๐—™) ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/sample/medical-tape-market-106568

๐—ž๐—ฒ๐˜† ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

In November 2023, H.B. Fuller Company introduced Swiftmelt 1515-I, a groundbreaking biocompatible adhesive designed for microporous medical tape applications. Compliant with regulations in India, the Middle East, and Africa, this innovation underscores the company's commitment to advancing adhesive technologies for healthcare. Swiftmelt 1515-I is set to redefine industry standards, offering superior performance for medical applications.

๐—ง๐—ผ๐—ฝ ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ง๐—ฎ๐—ฝ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜

โ€ข Cardinal Health (Ohio, U.S.)
โ€ข 3M (Minnesota, U.S.)
โ€ข Beiersdorf (Hamburg, Germany)
โ€ข Smith and Nephew (London, U.K.)
โ€ข McKesson Corporation (Texas, U.S.)
โ€ข Medtronic PLC (Dublin, Ireland)
โ€ข Medline Industries (Illinois, U.S.)
โ€ข Avery Dennison Corporation (California, U.S.)
โ€ข Nichiban (Tokyo, Japan)
โ€ข Paul Hartmann AG (Heidenheim, Germany)
โ€ข Nitto Denko Corporation (Osaka, Japan)
โ€ข Scapa Group PLC (Ashton-under-Lyne, U.K.)

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐˜€๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐˜๐˜€

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€

Several factors drive the growth of the medical tape market. The increasing prevalence of chronic wounds and surgical procedures necessitates advanced wound care solutions. Additionally, the development of biocompatible and hypoallergenic tapes to cater to sensitive skin is boosting demand. Healthcare advancements in emerging economies also contribute to market expansion.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐˜€๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐˜๐˜€

However, the market faces challenges, including fluctuating raw material costs and stringent regulatory requirements. Ensuring product safety and compliance remains a top priority, sometimes leading to extended development timelines.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ

The comprehensive report on the medical tape market covers key trends, product innovations, and regional insights. It provides an in-depth analysis of market dynamics, competitive strategies, and growth opportunities for stakeholders.

๐—™๐—ผ๐—ฟ ๐—™๐˜‚๐—น๐—น ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฉ๐—ถ๐˜€๐—ถ๐˜: https://www.fortunebusinessinsights.com/medical-tape-market-106568

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ

The medical tape market features intense competition among established players like 3M, Cardinal Health, and Smith and Nephew. These companies invest significantly in R&D to develop innovative products and maintain market leadership. Collaborations and regional expansions also play a pivotal role in strengthening their market presence.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€

๐—ช๐—ผ๐˜‚๐—ป๐—ฑ ๐—–๐—ฎ๐—ฟ๐—ฒ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜: ๐——๐—ผ๐—บ๐—ถ๐—ป๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜

The wound care segment is poised to lead the medical tape market during the forecast period. With the growing prevalence of chronic wounds, post-surgical care requirements, and advancements in adhesive technology, this segment offers immense growth potential. Products tailored to manage moisture balance and promote healing are gaining significant traction.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€

North America dominates the medical tape market, supported by advanced healthcare infrastructure and increased surgical procedures. The Asia-Pacific region is emerging as a lucrative market due to the rising demand for quality healthcare products and growing awareness of advanced wound care solutions. Europe also showcases steady growth, driven by technological advancements and increasing focus on patient safety.

๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฐ๐—ผ๐—ฝ๐—ฒ

โ€ข Development of eco-friendly and biodegradable medical tapes to align with sustainability goals.
โ€ข Integration of antimicrobial properties in tapes to prevent infections.
โ€ข Expansion of product lines catering to pediatric and geriatric populations.
โ€ข Technological advancements in adhesive formulations for enhanced performance and patient comfort.
โ€ข Increased focus on regional markets, especially in emerging economies, to tap into unmet medical needs.

๐—–๐—ผ๐—ป๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐—ผ๐—ป

The medical tape market is on a robust growth trajectory, driven by innovation, rising healthcare demands, and advancements in adhesive technology. With players like 3M and H.B. Fuller leading the way, the industry is poised for continued expansion, addressing the evolving needs of healthcare professionals and patients alike.

For a detailed analysis, visit the Medical Tape Market Report.

๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—”๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐—ง๐—ผ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/medical-tape-market-106568

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€:
Fortune Business Insightsโ„ข Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.:+1 833 909 2966 (Toll-Free)
U.K.: +44 808 502 0280 (Toll-Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Fortune Business Insightsโ„ข offers expert corporate analysis and accurate data, helping organizations make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Tape Market Size, Trends, Growth, Opportunities (2024-2032) | Cardinal Health, 3M, Beiersdorf, Smith and Nephew, Nichiban here

News-ID: 3753763 • Views: โ€ฆ

More Releases from Fortune Business Insights

Future of Renewable Energy Market Insights: Growth Drivers, and Regional Developments
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop โ€ฆ
Global Renewable Energy Market Overview The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected toโ€ฆ
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion byโ€ฆ
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Growth
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow โ€ฆ
Brief Market Overview: The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%. These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growthโ€ฆ
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by 2032 with a CAGR of 4.5%.
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by โ€ฆ
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period. The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollutionโ€ฆ

All 5 Releases


More Releases for Medical

ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr โ€ฆ
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellentโ€ฆ
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica โ€ฆ
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment ofโ€ฆ
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro โ€ฆ
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.โ€ฆ
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M โ€ฆ
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. Theโ€ฆ
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN โ€ฆ
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924 Global Medical Casting & Splinting market 2019 research provides a basic overview ofโ€ฆ
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical โ€ฆ
Oxygen Pressure Regulator A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled โ€˜Global Oxygen Pressure Regulator Market 2017โ€™. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis. Get Freeโ€ฆ