Description

Medical Tapes Market size was valued at 1404.27 Million in 2021 and is estimated to reach 2167.91 Million by 2028, at a CAGR of 6.4% during the forecast period 2022 to 2028. The advancement in wound closure and surgical treatment methods has stirred the wound care market significantly with several physicians opting for newer wound care methods for wound and surgical treatments. Despite all these market developments traditional wound care products like medical tapes have got significant adoptions in all healthcare settings owing to its accessibility and feasibility in several applications. Moreover, players in medical tapes market responding to the onslaught of advanced wound care products with innovations like single patient use tapes, and tapes for skin sensitive children and elders to avoid skin related injuries. The global market for medical tapes is primarily driven by the increased incidence of hospital-acquired infections (HAIs), concerns about patient safety among healthcare practitioners, the launch of newer products from manufacturers, and the introduction of single-patient use goods. In addition, rising awareness of the use of medical tapes for therapeutic efficacy among physicians and patients, as well as an increase in the incidence of burns, wounds, and injuries, are boosting the market’s growth. The global market is also benefiting from product makers’ efforts to create differentiated goods for improved safety and expanded uses in order to boost their market share. During the projection period, the silk cloth product sector is predicted to grow at a rapid rate and become the largest segment in the entire market.

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