According to the research report, the global medical tapes and bandages market was valued at USD 9.11 billion in 2021 and is expected to reach USD 12.45 billion by 2030, to grow at a CAGR of 3.5% during the forecast period.
Polaris Market Research has published its latest comprehensive research study tiled Medical Tapes and Bandages Market Evaluation. The report offers an in-depth analysis of all the key market aspects, covering Medical Tapes and Bandages market share, size, trends, and industry developments. It offers authentic data and information to clients, helping them make strategic decisions. In addition, the research report tracks and provides information on all the major innovations and technological advancements in the market.
The research report considers the market’s past performance, highlights the market’s current status, and provides information on market forecasts. It examines the market’s competitive environments, along with the major segments and sub-segments in the market. In addition, an examination of the key regions and sub-regions has been provided. Stakeholders, investors, businesses, and other stakeholders will benefit from the detailed insights provided in the research study.
Market Dynamics
Growth Drivers: The research report sheds light on all the major factors driving the Medical Tapes and Bandages market growth.
Market Trends: The study identifies and highlights all the key trends expected to fuel market development in the coming years.
Market Opportunities: The research report identifies areas where there is potential for growth or innovation within the market.
Key Challenges: Along with growth drivers and trends, the study details the most pressing challenges faced by the market and their potential impact on businesses and investors.
Market Segmentations
Medical Tapes and Bandages Market: Product Outlook (Revenue - USD Billion, 2018–2030)
-
Adhesive
-
Gauze
-
Elastic
-
Cohesive
-
Others
Medical Tapes and Bandages Market: Application Outlook (Revenue - USD Billion, 2018–2030)
-
Burns
-
Surgical Wounds
-
Traumatic & Laceration Wounds
-
Ulcers
-
Sports Injuries
-
Other Wounds
Medical Tapes and Bandages Market: End-Use Outlook (Revenue - USD Billion, 2018–2030)
-
Clinics
-
Hospitals
-
Ambulatory Surgical Centers
Research Methodology
This section of the Medical Tapes and Bandages market research report highlights the research design and methods used to collect and analyze information. The report has been prepared by using a mix of both qualitative and quantitative analysis. Both primary and secondary research techniques, including surveys, focus groups, and information from credible sources, have been used to collect market data. The study has been prepared by expert analysts and researchers having extensive experience in the industry. In addition, all the information goes through a multi-step verification method to ensure accurate and reliable market analysis.
Browse Full Insights:
https://www.polarismarketresearch.com/industry-analysis/medical-tapes-and-bandages-market
Competitive Landscape
The Medical Tapes and Bandages market competitive landscape explores all the major players in the market. It offers insight into the strategies, market share, strengths, and weaknesses. It also includes a competitive matrix, highlighting how the major market players across different market criteria such as product offerings, innovation, customer service, or pricing. An analysis of emerging market competitors has also been provided in the report. The research study makes use of industry-standard methodologies such as Porter’s Five Forces analysis and SWOT analysis to offer a thorough analysis of the market’s competitive environment.
Growth Drivers
The global medical tapes and bandages market is primarily driven by the increasing demand for medical bandages, fueled by a rise in sports-related injuries. Conditions such as ankle sprains, knee ligament injuries, and other sports injuries often require extensive use of cohesive bandages, contributing to market growth.
Additionally, the growing number of surgical procedures, rising cases of chronic wounds, and an increase in road accidents have significantly boosted the demand for medical tapes and bandages.
The expanding geriatric population worldwide also plays a key role in market growth. For instance, according to The World Bank Group, 16.9% of the population in the U.S. was aged 65 and above in 2021, with many elderly individuals requiring medical tapes for wound care and other health conditions.
The growing adoption of minimally invasive surgical procedures, particularly in ambulatory surgical centers, has further accelerated the demand for medical tapes and bandages.
Moreover, the rising prevalence of diabetes is a major factor driving market expansion, as diabetic foot ulcers—common among diabetic patients—necessitate the use of medical bandages for proper wound management and healing.
A few of the major players covered in the research report are:
- 3M Company
- B. Braun Melsungen AG
- Beiersdorf AG
- Cardinal Health Inc.
- Coloplast A/S
- Essity
- Johnson & Johnson
- Integra Lifesciences Holdings Corporation
- McKesson Corporation
- Medline Industries Inc.
- Mölnlycke Healthcare
- Nichiban
- Nitto Denko Corporation
- Paul Hartmann AG
- Smith & Nephew Plc.
Regional Overview
The research report discusses how the growth of the market across various regions and sub-regions. The regional analysis section provides Medical Tapes and Bandages market information at the global, national, and regional levels. In addition, an assessment of the market’s historical performance in specific regions and their supply and demand, logistics, and production capacity has been provided. The report also includes a forecast analysis section that provides vital information on revenue projection and global production, along with regional forecasts.
The key regions and sub-regions covered in the research report are:
• North America (US, Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
The Report Answers Questions Such As
• What are the Medical Tapes and Bandages market stats?
• What is the projected growth rate of the Medical Tapes and Bandages market value?
• Which region is projected to witness the fastest growth during the forecast period?
• Which segment accounted for the largest market share?
• Who are the top companies operating in the market?
• How are strategic developments expected to impact the market in the coming years?
More Trending Latest Reports By Polaris Market Research:
Comments
0 comment