Medical Tapes and Bandages Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Medical Tapes and Bandages Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global medical tapes and bandages market exhibited moderate growth during 2015-2020. Medical tapes and bandages refer to pressure-sensitive wound dressings manufactured using cotton gauge cloth. Some of the commonly available medical tapes include micropore, transpore, zinc-oxide, fabric, paper and plastic tapes and the bandages include gauze, adhesive, cohesive and elastic variants. They are widely used for covering surgical, traumatic, laceration, burn, sports injuries and ulcer wounds to support and minimize movement for reducing swelling and pain. They are also used for maintaining the moisture levels at the site of dressing, promote healing and provide mechanical and bacterial protection to the open wound.

The rising incidence of chronic wound infections, along with the increasing consciousness for patient safety among healthcare providers, is one of the key factors driving the growth of the market. Various ailments, such as diabetic foot, pressure ulcers and ulcerative colitis (UC), require intensive care and timely dressings to ensure proper healing of the wound and prevent any infections. Furthermore, the increasing requirement for surgical procedures for the rising geriatric population is providing a thrust to the market growth. In line with this, the increasing prevalence of Hospital Acquired Infections (HAIs) across the globe is also contributing to the growth of the market. Various product innovations, such as the development of waterproof and antimicrobial tapes and bandages, are acting as other growth-inducing factors. Product manufacturers are using novel biomaterials, skin substitutes, hydrogel, alginate and foam to produce durable tapes and bandages for managing large wounds. Other factors, including extensive research and development (R&D) activities, along with significant improvements in the healthcare infrastructure, are anticipated to drive the market toward growth. Looking forward, IMARC Group expects the global medical tapes and bandages market to grow at a CAGR of around 4% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global medical tapes and bandages market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, application and end use.

Breakup by Product:

Medical Tapes
- Fabric Tapes
- Paper Tapes
- Plastic Tapes
- Others
Medical Bandages
- Gauze Bandages
- Adhesive Bandages
- Cohesive and Elastic Bandages
- Others

Breakup by Application:

Surgical Wounds
Traumatic Wounds
Burn Injury
Ulcers
Sport Injury
Others

Breakup by End Use:

Hospitals and Clinics
Ambulatory Surgical Centers
Others

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, B.Braun Melsungen AG, Beiersdorf AG, Cardinal Health Inc., Integra Lifesciences Corporation, Johnson & Johnson, Medline Industries Inc., Medtronic plc, Mölnlycke Health Care AB, Nitto Denko Corporation, Paul Hartmann AG and Smith & Nephew PLC.

Key Questions Answered in This Report:

How has the global medical tapes and bandages market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global medical tapes and bandages market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global medical tapes and bandages market and who are the key players?
What is the degree of competition in the industry?