Medical tapes are adhesive tapes which are pressure sensitive used for supporting bandage or other wound dressings. Medical bandages are a cotton gauge cloth beneficial for supporting medical devices such as surgical dressing or splint. The global medical tapes and bandages market is estimated to reach $8.26 Billion by 2025 at a CAGR of 3.8% from $6.13 Billion in 2017 during 2019-2025. The market growth can be attributed to the factors such as the growing prevalence of chronic wounds, expansion and emergence of wound care management sector, and the increasing prevalence of accidents and trauma cases. However, rising awareness about advanced wound care products, government regulations related to safety and efficacy of medical tapes and bandages, and increasing pricing pressure on market players are major restraints hampering the growth of the market. Ongoing R&D activities and emerging markets are offering significant opportunities to the market.
Research Study Objectives:
- Define, estimate, and forecast the Medical Tapes and Bandages market statistics by product, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Medical Tapes and Bandages market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Medical Tapes and Bandages Market Analysis
- Analysis and conclusions on the future Medical Tapes and Bandages market outlook.
Top-down and bottom-up approaches are used to validate the Medical Tapes and Bandages Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified
through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Medical Tapes and Bandages Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Medical Tapes and Bandages market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Medical Tapes and Bandages market segmentation is as follows:
By Product
- Medical Bandages
- Gauze Bandages
- Adhesive Bandages
- Cohesive and Elastic Bandages
- Other Medical Bandages
- Medical Tapes
- Fabric Tapes
- Paper Tapes
- Plastic Tapes
- Other Tapes
By Application
- Surgical Wound Treatment
- Traumatic Wound Treatment
- Ulcer Treatment
- Sports Injury Treatment
- Burn Injury Treatment
- Others
By End User
- Hospitals
- Ambulatory Surgery Centers
- Clinics
- Home Care Settings
Geographical Analysis:
Medical Tapes and Bandages Market is segmented by geography into North America, South America, Europe, Asia Pacific, and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia &
New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Medical Tapes and Bandages Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Medical Tapes and Bandages Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Medical Tapes and Bandages market players, such as
- Derma Sciences, Inc.
- Covidien PLC.
- 3M Company
- Johnson & Johnson Company
- Smith & Nephew PLC
- Along with these companies, many other companies are considered in the report while analysing the Global Medical Tapes and Bandages competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
