Global healthcare adhesive tapes market is anticipated to reach over US$ 35 Billion till the year 2027 and witnesses a CAGR of over 6.1% during the prediction period from 2020 to 2027.
Global Healthcare Adhesive Tapes Market Overview:
Healthcare Adhesive Tapes are usually seen in first aid kits to adhere to dressing on injury or a bandage. It is a kind of pressure responsive paste tape. Such tapes are generally made to hold firmly on one’s skin or dressing material so that it they can be easily peeled off after curing that part of the skin. These tapes are specifically used to close injuries and are made using Zink oxide for reducing the infection. The Global Healthcare Adhesive Tapes Market report depicts in-depth study of the industries like chemicals and materials by focusing more on the overall market trend analysis. This market analysis further outlines key statistics followed by the major key players operating in healthcare adhesive tapes market and. This report also covers key trends, drivers, restraints, opportunities and challenges in the market. Thorough market segmentation is also provided in the report on the basis of applications, geography, backing materials and type. Healthcare Adhesive Tapes Market is anticipated to record huge growth according to forecast period. Prosperous medical tourism company in APAC is a key driving factor of market growth. Increasing pricing pressure on manufacturers is a major market challenge of the market.
Global Healthcare Adhesive Tapes Market Dynamics
Healthcare Adhesive Tapes have numerous applications in hygiene, surgeries, and Ostomy seals and wound dressings. Advances in tapes provide bacteria prevention. They are water resistant and allow both moisture and air to pass smoothly. Healthcare adhesive tapes market is increasing in Asia-Pacific region greatly because of its growing demand. There is increasing demand for the use of these tapes because it treats primary injuries by covering inured areas from bacterial virus. These tapes also hold bandages in place. The major use of these tapes is in catheters, infusion, dressings and drainage devices. In order to meet a huge array of bandaging needs, these tapes come in different lengths and widths. There is an increasing use of such devices in emerging economies like Thailand, Brazil, China, India, and Indonesia for surgery and wound care purpose. Increasing aging population is driving the healthcare adhesives tapes market growth. Increasing healthcare segment in emerging markets and changing living standard of the customers is projected to increase growth opportunities in the market during foretell period.
The global healthcare adhesive tapes market is categorized based on backing materials, application and type. Based on backing material, the market is classified as plastic, paper, fabric and others. According to type, the market is segmented into rubber, acrylic, silicone and others. Based on applications, the market is categorized as monitoring & medical devices, blister prevention, splints, paper, fabric, plastic, wound dressing, Ostomy seals, bandages, hygiene, diagnostic and others. Silicon resin utilization is growing day by day because of the increasing use in the stick to skin medical
This report does the competitive analysis which includes providing profiles of healthcare adhesive tapes market industry along with market tactics and SWOT analysis. It further covers major key players operating in the market along with industry profiles, financial information of last three years, services offered and key developments. Below is given the list of prominent players working in the healthcare adhesive tapes market:
- Avery Dennison Corporation
- Scapa Group PLC
- Johnson & Johnson
- Smith & Nephew PLC
- Nichiban Co., Ltd.
- Cardinal Health, Inc.
- Essity Aktiebolag
- Nitto Denko Corporation
- Paul Hartmann AG
This market report depicts current market scenario and growth visions of the market for the forecasted period. Market size is calculated on the basis of revenue obtained from the sales of healthcare adhesive tapes from different derivative categories. Overall growth prospects are covered in for coming years in the report.