The healthcare adhesive tapes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Healthcare Adhesive Tapes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The healthcare adhesive tapes market size has grown strongly in recent years. It will grow from $37.13 billion in 2023 to $40.12 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increased medical procedures and surgeries, increased aging population, rise in chronic diseases, regulatory compliance, increased regulatory compliance.
The healthcare adhesive tapes market size is expected to see strong growth in the next few years. It will grow to $56.04 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing telemedicine and remote care, personalized medicine, home healthcare, emergency response, rising demand for geriatric care. Major trends in the forecast period include antimicrobial and antiseptic tapes, silicone-based adhesive tapes, wearable healthcare devices, customized tape solutions, skin barrier protection.
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Scope Of Healthcare Adhesive Tapes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Healthcare Adhesive Tapes Market Overview
Market Drivers –
The increasing number of accidental cases due to heavy trafficking is expected to propel the growth of the healthcare adhesive tape market going forward. Road traffic accidents are defined as collisions involving two or more objects on the road, one of which is a moving vehicle of any sort, and the other of which is a person. Healthcare adhesive tapes such as bandages, gauze, and other dressings are applied to the skin around such injuries occurred in accidents. For instance, in June 2022, according to World Health Organization, a Switzerland-based specialized agency of the United Nations responsible for international public health, between 20 and 50 million people suffer non-fatal injuries, with many incurring a disability as a result of their injury due to a road traffic accident. Road traffic accidents take the lives of almost 1.3 million individuals annually. Therefore, an increasing number of accidental cases due to heavy traffic are driving the healthcare adhesive tape market.
Market Trends –
Product innovation is a key trend gaining popularity in the healthcare adhesive tapes market. Major companies operating in the healthcare adhesive tape market are focused on developing new products to strengthen their position in the healthcare adhesive tapes market. For instance, in April 2022, 3M Inc., a US-based medical devices company operating in the healthcare adhesive tapes market launched, 3M spun lace extended wear adhesive tape on the liner, 4576, a healthcare adhesive tape with a white spun laced polyester nonwoven backing, coated with a unique pressure-sensitive acrylic adhesive used for longer wear applications, for up to 21 days. The innovative polyester nonwoven tape was developed for extended wear devices requiring attachment to the skin for up to a 21-day wear time.
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
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Regional Insights –
North America was the largest region in the healthcare adhesive tapes market in 2023. 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.
Key Companies –
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.
Table of Contents
1. Executive Summary
2. Healthcare Adhesive Tapes Market Report Structure
3. Healthcare Adhesive Tapes Market Trends And Strategies
4. Healthcare Adhesive Tapes Market – Macro Economic Scenario
5. Healthcare Adhesive Tapes Market Size And Growth
…..
27. Healthcare Adhesive Tapes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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