openPR Logo
Press release

Medical Tapes and Bandages Market is expected to reach US$ 7,403.0 million revenue by 2022

12-01-2017 11:05 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Medical Tapes and Bandages Market is expected to reach US$

According to the latest report by Persistence Market Research (PMR), the global medical tapes and bandages market is expected to witness sluggish growth. The market is estimated to increase to 3.6% CAGR during the forecast period 2017-2022. It is also expected to reach US$ 7,403.0 million revenue by the end of 2022.

View Report Preview:
https://www.persistencemarketresearch.com/market-research/medical-tapes-and-bandages-market.asp

In order to fasten the process of healing the wound, and provide protection from bacteria and environmental factors such as water, air, etc. medical tapes and bandages are being used on a large scale. Manufacturers are focusing on introducing new medical bandages and tapes products such as skin sensitive tapes, anti-bacterial tape and bandages, tapes for sports professionals that can resist the movement for a long time. Factors including the rise in aging population, increasing number of accidents, the rise in a number of surgeries being conducted and the growth in the knowledge of taking proper care of wounds are contributing to the market growth.

Emergence of Advanced Wound Care Products to Hamper the Growth of Medical Tapes and Bandages Market

Increasing use of the advanced wound care products is hampering the global medical tapes and bandages market. Proper wound management as per the condition of the patient and type of wound is also being focused on. Hence, to provide the right treatment for wounds, medical professionals are using advanced wound care products that can be applied in the early stage of treatment, resulting in the quick healing and reduced risk of infection. Various types of wounds include traumatic, surgical, arterial, diabetic, pressure, and venous. Hence, treating different types of wounds require various types of wound care product as per the wound.

Advanced wound care products facilitating fast wound healing are being produced by manufacturers which can be used for both primary and secondary dressing. For example, foams, alginates, hydrocolloids, hydrogels, etc. Advanced wound care products are also being developed that can maintain a stable temperature around the wound, provide oxygen flow, relieves pain, and removes dead tissue and prevents scarring.

Global Medical Tapes and Bandages Market: Segmental Insights

The global medical tapes and bandages market is segmented on the basis of end user, product type and application. Based on the product type, medical bandages are expected to witness growth in the global medical tapes and bandages market. By the end of 2022, medical bandages are estimated to reach nearly US$ 5,900 million revenue.

By end user, market segmentation includes hospitals, clinics, home care settings and ambulatory surgery centers. Among these, Hospitals are expected to dominate the global medical tapes and bandages market. By the end of 2017, hospitals are estimated to account for more than half of the revenue share.

Based on the application, surgical wound treatments are expected to emerge as the largest segment in terms of application. Surgical wound treatment is estimated to exceed US$ 3,100 million revenue by the end of 2022.

Geographically, the global medical tapes and bandages market is categorized into Europe, North America, Asia Pacific Excluding Japan (APEJ), Latin America, Japan, and the Middle East and Africa (MEA). Among these, North America is expected to dominate the global medical tapes and bandages market. North America is estimated to exceed US$ 2,200 million revenue by the end of 2022. Prevalence of chronic wounds, orthopedic injuries and rise in the surgeries are resulting in the increasing use of bandages and medical tapes in the region. Meanwhile, APEJ and Europe are also expected to witness growth during the forecast period 2017-2026.

Request to view Sample Report:
https://www.persistencemarketresearch.com/samples/20317

Global Medical Tapes and Bandages Market: Competitive Assessment

Leading market players in the market are 3M Company, Medtronic plc, B. Braun Melsungen AG, Smith & Nephew Plc, Johnson & Johnson, Medline Industries Inc., Cardinal Health, Inc., Nitto Denko Corporation, Paul Hartmann AG, Beiersdorf Aktiengesellschaft, and Lohmann & Rauscher International GmbH & Co. KG.

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact Us

Persistence Market Research

305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
Email: sales@persistencemarketresearch.com
Web:www.persistencemarketresearch.com

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 Tapes and Bandages Market is expected to reach US$ 7,403.0 million revenue by 2022 here

News-ID: 841117 • Views:

More Releases from Persistence Market Research

Antimicrobial Textile Chemicals Market to Surpass US$ 19.3 Bn by 2032 Fueled by Rising Hygiene and Functional Fabric Demand
Antimicrobial Textile Chemicals Market to Surpass US$ 19.3 Bn by 2032 Fueled by …
According to the latest study by Persistence Market Research, the global antimicrobial textile chemicals market is projected to grow from US$ 12.0 Bn in 2025 to US$ 19.3 Bn by 2032, registering a CAGR of 7.0% during the forecast period. Growing awareness of hygiene, increasing demand for functional and medical textiles, and innovations in performance fabrics are major forces reshaping the industry landscape. ➤Overview of the Market The antimicrobial textile chemicals market
Automotive Remote Diagnostics Market to Reach USD 42.1 Billion by 2031, Growing at a CAGR of 16.6% | Persistence Market Research
Automotive Remote Diagnostics Market to Reach USD 42.1 Billion by 2031, Growing …
The global Automotive Remote Diagnostics Market is experiencing strong momentum, backed by rapid digitization in the automotive sector, the rise of connected vehicles, and the need for real-time vehicle monitoring. According to Persistence Market Research, the market is projected to grow from USD 14.4 billion in 2024 to USD 42.1 billion by 2031, reflecting a robust CAGR of 16.6% during the forecast period. Remote diagnostics has become a key enabler
Adventure Tourism Market to Reach $1,773.6 Bn by 2032 at 16.1% CAGR Driven by Thrill-Seeking Travel Trends
Adventure Tourism Market to Reach $1,773.6 Bn by 2032 at 16.1% CAGR Driven by Th …
Overview of the Market The global adventure tourism market is experiencing rapid transformation as travelers increasingly seek unique, experiential, and adrenaline-fueled activities over traditional leisure tourism. Estimated at US$ 623.7 billion in 2025, the market is projected to surge to US$ 1,773.6 billion by 2032, reflecting an extraordinary CAGR of 16.1%. This exponential growth can be attributed to the rising demand for authentic travel experiences, growing awareness of outdoor recreational opportunities,
Hexagonal Boron Nitride Market Surpass US$ 1.38 Bn by 2032 with 5.1% CAGR - Persistence Market Research
Hexagonal Boron Nitride Market Surpass US$ 1.38 Bn by 2032 with 5.1% CAGR - Pers …
➤Overview of the Market The global hexagonal boron nitride (h-BN) market is steadily growing as industries demand materials that deliver exceptional thermal stability, lubricity, and electrical insulation. Often referred to as "white graphite," h-BN combines a layered crystalline structure with remarkable chemical inertness, making it indispensable across high-temperature, electrical, and lubrication applications. Industries such as aerospace, automotive, electronics, and metallurgy leverage h-BN for its ability to withstand extreme environments while maintaining

All 5 Releases


More Releases for Medical

ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
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 excellent
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
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 of
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
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.
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
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. The
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
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 of
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
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 ‘Global Oxygen Pressure Regulator Market 2017’. 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 Free