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Emerging Medical Adhesive Tapes Market Trends: Technological advancements are shaping the medical adhesive tapes market. Technological advancement such as silicone adhesive is a discovery of knowledge that advances technology. For instance, in February 20
Medical Adhesive Tapes Market
Medical Adhesive Tapes Market Size Growth Forecast: What to Expect by 2025?
The market for medical adhesive tapes has seen significant growth lately. The market is forecast to progress from $8.97 billion in 2024 to $9.85 billion in 2025, marking a 9.8% compound annual growth rate (CAGR). Factors such as surgical procedures, an aging demographic, rising chronic illnesses, evolution in healthcare infrastructure, and advancements in medical research and development have contributed to this historic expansion.
How Will the Medical Adhesive Tapes Market Size Evolve and Grow by 2029?
The market size for medical adhesive tapes is projected to witness a significant surge in the upcoming years, reaching a value of $14.48 billion by 2029 with a compound annual growth rate (CAGR) of 10.1%. The anticipated growth during the prediction period could be a result of various factors such as the increase in telemedicine, pediatric healthcare services, protocols for preventing infections, adherence of medical devices, and emergency care services catering to trauma. The forecast period is likely to observe predominant trends like innovative adhesive technologies, advancement in wound care products, the introduction of biocompatible and skin-friendly materials, and the rise of wearable health devices along with the growing trend of digital health monitoring.
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What Drivers Are Propelling the Growth of Medical Adhesive Tapes Market Forward?
The escalating numbers of surgical procedures are substantially enhancing the expansion of the medical adhesive tapes market. These medical operations, involving the utilization of tools to make incisions, are carried out to rectify injuries or treat ailments in a living body. Tapes such as bandages and surgical tapes are primarily utilized before and after surgery to manage blood loss and facilitate wound healing. For example, data from the Australian Institute of Health and Welfare, a governmental agency based in Australia, showed that in November 2023, the admissions from public hospital elective surgery waiting lists for surgery reached 735,500 - an 18% surge compared to 2021-22. An extra 855,500 patients were added to the waiting lists for elective surgery, representing a 9.2% rise from the 2021-22 timeframe. Consequently, the growing burden of general surgery is propelling the demand and growth of the medical adhesive tapes market.
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Which Emerging Trends Are Transforming the Medical Adhesive Tapes Market in 2025?
Innovations in technology are influencing the market for medical adhesive tapes. Advances like the introduction of silicone adhesive reflect the strides made in technological development. To illustrate, the American company 3M, known for manufacturing and distributing products across various sectors including electronics, telecommunications, industrial, consumer-focused, health care, safety, among other markets, unveiled the 3M Medical Tape 4578 in February 2023. This tape has the distinctive ability to stick to the skin for as long as 28 days, which drastically surpasses the previous industry benchmark of 14 days. This latest development in medical adhesive solutions is expected to be used in an array of health monitors, sensors and prolonged medical wearable devices, offering a more patient-focused care model.
What Are the Key Segments in the Medical Adhesive Tapes Market?
The medical adhesive tapes market covered in this report is segmented -
1) By Type: Acrylic, Silicone, Rubber, Other Types
2) By Material: Paper, Fabric, Plastic
3) By Application: Surgery, Wound Dressing, Splints, Secure IV lines, Ostomy Seals, Other Applications
Subsegments:
1) By Acrylic: Transparent Acrylic Tapes, Foam Acrylic Tapes, Double-Sided Acrylic Tapes
2) By Silicone: Silicone Gel Tapes, Silicone Adhesive Tapes, Silicone Foam Tapes
3) By Rubber: Natural Rubber Tapes, Synthetic Rubber Tapes, Double-Sided Rubber Tapes
4) By Other Types: Paper Tapes, Cloth Tapes, Plastic Tapes
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Who Are the Key Players Shaping the Medical Adhesive Tapes Market's Competitive Landscape?
Major companies operating in the medical adhesive tapes market include 3M Company, A.M.G. Medical Inc., Adchem Corporation, Avery Dennison Corporation, CCT Tapes, Dermamed Coatings Company LLC, Dermarite Industries LLC., Jiangsu Nanfang Medical Co. Ltd., Libatape Pharmaceutical Co. Ltd., Lohmann GmbH And Co. Kg, Mactac LLC, Nitto Denko Corporation, Paul Hartmann Ag, Scapa Group plc, Pinnacle Technologies, Cardinal Health Inc., McKesson Corporation, Essity AB, Dynarex Corporation, Molnlycke Health Care, Andover Healthcare Inc., Cohera Medical Inc., Fresenius Kabi AG, Protec International Ltd., Organogenesis Inc., DeRoyal Industries Inc., Polymer Science Inc., Adhezion Biomedical LLC, Santex Group
What Geographic Markets Are Powering Growth in the Medical Adhesive Tapes Market?
North America was the largest region in the medical adhesive tapes market in 2024. The Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical adhesive tapes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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