The global medical tapes and bandages market size was USD 7.40 Billion in 2022 and is expected to register a rapid CAGR of 4.0% during the forecast period. The medical tapes and bandages market refers to the products used in wound management and to secure medical devices, such as catheters, in place. They are designed to be safe and effective, and they play an important role in the care and treatment of patients. The medical tapes and bandages market is expected to grow significantly in the coming years, driven by several factors.
One of the primary drivers of growth in the medical tapes and bandages market is the increasing prevalence of chronic wounds. According to the World Health Organization, chronic wounds affect up to 1% of the global population, and this is leading to an increased demand for wound care products such as medical tapes and bandages. The increasing prevalence of chronic wounds is also leading to an increased demand for advanced wound care products, which are more effective in promoting healing and preventing infection.
The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Medical Tapes and Bandages industry for evaluation and predictive analysis. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share.
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Competitive Outlook: The leading companies operating in the Medical Tapes and Bandages market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Medical Tapes and Bandages Market and Profiled in the Report are:
Smith+Nephew, Medtronic, URGO, Dynarex Corporation., 3M, MCKESSON CORPORATION, Mölnlycke Health Care AB., Cardinal Health., B. Braun SE, and 3L Medical Products Group Co
Objectives of the Report:
Study of the global Medical Tapes and Bandages market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Medical Tapes and Bandages market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Medical Tapes and Bandages market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Medical Tapes and Bandages market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Segments Covered in this report are:
-
Product Outlook (Revenue, USD Billion; 2019-2032)
- Tapes
- Medical tapes
- Fabric tape
- Paper tape
- Other tapes
- Bandages
- Medical bandages
- Gauze bandages
- Adhesive bandages
- Others
- Tapes
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Surgical wound treatment
- Traumatic wound treatment
- Sports injury
- Others
-
End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Hospitals and clinics
- Ambulatory Surgical Centers (ASCs)
- Retail pharmacies
- Others
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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