Healthcare Adhesive Tapes Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Healthcare Adhesive Tapes Market: By Technology (Acrylic, Silicones, Emulsions, Rubber, Hydrocolloid, Others), By Application (Woundcare, Ostomy, Surgical, Diagnostics, Others), and Geography

 

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Report

Description

The global healthcare adhesive tapes market valued US 29,300.0 Mn in 2020 and is poised to grow with a CAGR of 7.4% over 2021-2027. Rising diffusion of disposable hygiene products, growth in surgical procedures, increasing aging population, rising preferences towards medical adhesive tapes in developing economies, surging concerns pertaining to patient safety, and launching of new products are some key factors impelling the market growth. However, factors such as increasing pricing pressure on market players limit the market growth. In addition, the growing healthcare sector in emerging markets and rising standard of living provides a huge growth opportunity for the market. The report on the global market gives historical, current, and future market sizes (US$ Mn) on the basis of technology, application, and region. This report studies Global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global healthcare adhesive tapes market report include suppliers, manufacturers, marketers, policymakers, and service providers engaged in global healthcare adhesive tapes products. The global healthcare adhesive tapes market is surging owing to the expansion of their production facilities for healthcare adhesive tapes to meet the demands of the customers in the market. For instance, In May 2017, Avery Dennison acquired Finesse Medical, an innovator of healthcare products used in the management of wound and skin conditions. With a revenue of approximately USD 17.11 million over the last year, the company is a key supplier to global healthcare-product OEMs and also provides contract manufacturing and product development services.

Healthcare Adhesive Tapes Market

MARKET SUMMARY
-
7.4% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 7.4%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Healthcare Adhesive Tapes Market

  • The report on global Healthcare Adhesive Tapes Market gives historical, current, and future market sizes (US$ Mn) on the basis of technology, application and geography.
  • Healthcare Adhesive Tapes Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Market Key Players
  • Scapa Group
  • Johnson & Johnson Consumer Inc.
  • Cardinal Health, Inc.
  • Avery Dennison Corporation
  • 3M Company
  • Nitto Denko Corporation
Drivers And Restraints

Healthcare Adhesive Tapes Market

Over the last few years, market growth for silicone adhesives has fueled the expansion of the wearable adhesive market in the healthcare sector, propelling the Healthcare adhesive tapes market. Furthermore, the global Healthcare adhesive tapes market is driven by the need to create new products for emerging applications as a result of healthcare new technologies. Price variations are likely to cause minor fluctuations in the Global Healthcare adhesive tapes market’s growth rate over the forecast period.


Asia Pacific got significant share

Healthcare Adhesive Tapes Market

Asia Pacific accounted for larger revenue share in global healthcare adhesive tapes market with a CAGR of 7.4% and is expected to grow over the forecast years owing to the increasing number of surgeries and sports in this region and the demand for medical tapes is expected to rise. Presence of emerging countries like India, China and Japan also boosts the market growth in the region. Moreover, introduction of advanced technologies and increasing attention on hygiene will lead the growth of the adhesive tapes during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Findings of the Report

  • Global healthcare adhesive tapes market expanding at significant CAGR over 2021 to 2027 owing to rising preferences towards medical adhesive tapes in developing economies
  • Based on region, Asia Pacific accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
    Players focusing on innovation of newer products and collaboration strategies to retain market position in globalmarket

Key

Key Features of the Report

Segmentation

Healthcare Adhesive Tapes Market


Location

GEOGRAPHY


Report

Company Profile

  • Scapa Group
  • Johnson & Johnson Consumer Inc.
  • Cardinal Health, Inc.
  • Avery Dennison Corporation
  • 3M Company
  • Nitto Denko Corporation
  • Nichiban Co., Ltd.
  • Paul Hartmann AG
  • Andover Healthcare Inc.
  • Ad Tape & Label
  • Smith & Nephew

Description

The global healthcare adhesive tapes market valued US 29,300.0 Mn in 2020 and is poised to grow with a CAGR of 7.4% over 2021-2027. Rising diffusion of disposable hygiene products, growth in surgical procedures, increasing aging population, rising preferences towards medical adhesive tapes in developing economies, surging concerns pertaining to patient safety, and launching of new products are some key factors impelling the market growth. However, factors such as increasing pricing pressure on market players limit the market growth. In addition, the growing healthcare sector in emerging markets and rising standard of living provides a huge growth opportunity for the market. The report on the global market gives historical, current, and future market sizes (US$ Mn) on the basis of technology, application, and region. This report studies Global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global healthcare adhesive tapes market report include suppliers, manufacturers, marketers, policymakers, and service providers engaged in global healthcare adhesive tapes products. The global healthcare adhesive tapes market is surging owing to the expansion of their production facilities for healthcare adhesive tapes to meet the demands of the customers in the market. For instance, In May 2017, Avery Dennison acquired Finesse Medical, an innovator of healthcare products used in the management of wound and skin conditions. With a revenue of approximately USD 17.11 million over the last year, the company is a key supplier to global healthcare-product OEMs and also provides contract manufacturing and product development services.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX