Press release
Strategic Forecast for the Healthcare Adhesive Tapes Industry: Market Outlook 2025-2034
Healthcare Adhesive Tapes
Healthcare Adhesive Tapes Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a robust growth in the market size of healthcare adhesive tapes. It is projected to expand from $39.07 billion in 2024 to $41.58 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.4%. The expansion during the historic period can be traced back to factors such as a boost in medical procedures and surgeries, growing elderly population, surge in chronic illnesses, and bolstered regulatory compliance.
How Will the Healthcare Adhesive Tapes Market Size Evolve and Grow by 2029?
Anticipated robust expansion can be seen in the healthcare adhesive tapes market over the coming years, with its value predicted to reach $60 billion in 2029, signifying a compound annual growth rate (CAGR) of 9.6%. This rise is credited to factors like escalating telemedicine and remote care services, customized medicine, home-based healthcare, emergency services reinforcement, and an increased demand for elderly care. Significant trends in the forecast period encompass antimicrobial and antiseptic tapes, tapes with a silicone-based adhesive, wearable health technology, tailored tape solutions, and skin barrier safeguarding.
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What Drivers Are Propelling the Growth of Healthcare Adhesive Tapes Market Forward?
The healthcare adhesive tape market's growth is anticipated to surge due to the rising instances of accidents caused by dense traffic. Road traffic incidents, characterized by the collision of two or more entities on the road where at least one is a moving vehicle and the other being a person, necessitate the use of healthcare adhesive tapes. These tapes, including bandages, gauze, and other topical dressings, are administered around injuries stemming from such mishaps. As an illustration, the World Health Organization, the international public health division of the United Nations based in Switzerland, revealed in June 2022 that between 20 and 50 million individuals endure non-fatal injuries, with many leading to disabilities triggered by road traffic mishaps. Almost 1.3 million lives are lost yearly to such accidents. Consequently, the escalation in accidental cases arising from heavy traffic is fueling the expansion of the healthcare adhesive tape market.
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What Are the Key Trends Driving Healthcare Adhesive Tapes Market Growth?
The emergence of product innovation is a significant trend within the healthcare adhesive tapes market. Main firms in this market are investing in the creation of new products to consolidate their dominance. To illustrate, in April 2022, 3M Inc., an American medical device company active in the healthcare adhesive tapes market, introduced the 3M spun lace extended wear adhesive tape on the liner, 4576. This new healthcare adhesive tape is accompanied by a white spun laced polyester nonwoven backing and coated with a distinct pressure-sensitive acrylic adhesive suited for extended wear, up to 21 days. This innovative polyester nonwoven tape is designed for devices that need to be attached to the skin for up to three weeks.
What Are the Key Segments in the Healthcare Adhesive Tapes Market?
The healthcare adhesive tapes market covered in this report is segmented -
1) By Resin Type: Acrylic, Rubber, Silicone, Other Resin Types
2) By Backing Material Type: Paper, Fabric, Plastic, Other Backing Material Types
3) By Application: Surgery, Wound Dressing, Splints, Secure IV Line, Ostomy Seal, Hygiene, Bandages, Transdermal Patches, and Blister Protection, Diagnostic, Monitoring and Medical Devices, and Optical Care, Other Applications
Subsegments:
1) By Acrylic: Pressure-Sensitive Acrylic Tapes, Medical-Grade Acrylic Tapes
2) By Rubber: Natural Rubber Tapes, Synthetic Rubber Tape
3) By Silicone: Silicone Adhesive Tapes, Silicone Gel Tapes
4) By Other Resin Types: Polyethylene Tapes, Polypropylene Tapes
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Who Are the Key Players Shaping the Healthcare Adhesive Tapes Market's Competitive Landscape?
Major companies operating in the healthcare adhesive tapes market include 3M Company, Cardinal Health Inc., Nitto Denko Corporation, Johnson & Johnson, Paul Hartmann AG, Avery Dennison Corporation, NICHIBAN Co. Ltd., Smith & Nephew plc, Lohmann GmbH & Co. KG, Scapa Group plc, Medline Industries Inc., Essity Aktiebolag, Adchem Corporation, CCT Tapes, Dermamed Coatings Company LLC, Dermarite Industries LLC, Jiangsu Nanfang Medical Co. Ltd., Libatape Pharmaceutical Co. Ltd., Mactac LLC, Pinnacle Technologies Inc., Ad Tape & Label Company Inc., Ajit Industries Pvt. Ltd., DuPont de Nemours Inc., H.B. Fuller Company, Intertape Polymer Group Inc., Lintec Corporation, Sekisui Chemical Co. Ltd., Shurtape Technologies LLC, Tesa SE, Advance Tapes International Ltd.
What Geographic Markets Are Powering Growth in the Healthcare Adhesive Tapes Market?
North America was the largest region in the healthcare adhesive tapes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare adhesive tapes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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