Medical Tape Market size | 2022 Healthcare Industry Global Analysis By Covid-19 Impact On Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is the latest study published by Fortune Business Insights. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.
Medical Tape Market Size Projections:
- USD 1.10 billion in 2020
- USD 1.61 billion in 2028
- CAGR of 5.0%
- Forecast Period: 2021-2028
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The report for Global Medical Tape Market Size of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Major Medical Tape Market Manufacturers covered in the market report include:
- Cardinal Health (Ohio, U.S.)
- 3M (Minnesota, U.S.)
- Beiersdorf (Hamburg, Germany)
- Smith and Nephew (London, U.K.)
- McKesson Corporation (Texas, U.S.)
- Medtronic PLC (Dublin, Ireland)
- Medline Industries (Illinois, U.S.)
- Avery Dennison Corporation (California, U.S.)
- Nichiban (Tokyo, Japan)
- Paul Hartmann AG (Heidenheim, Germany)
- Nitto Denko Corporation (Osaka, Japan)
- Scapa Group PLC (Ashton-under-Lyne, U.K.)
Key Drivers & Trends
Medical tapes have increasing applications in wound care and wound supportive closure, patient monitoring, and wearable devices such as ostomy bags, electrode fixtures, and splint attachments. The selection of different types of tapes for various applications depends on the characteristics of these products, including porosity, water resistance, shear strength, and adhesive strength.
The increasing prevalence of chronic diseases, especially in the U.S., the U.K., China, and India, is projected to increase the number of hospital admissions. This is expected to fuel the demand for medical tape and grow the market. For instance, according to data estimated by Statista in 2021, the total number of hospitals increased from 5,724 in 2010 to a staggering 6,090 in 2018. Additionally, there is a higher number of inpatient hospitalization, which is increasing the adoption of medical consumables. The subsequent rise in adoption of tapes is projected to fuel the growth of the market.
- For instance, according to data published by Canadian Institute for Health Information, in 2021, there were 3 million inpatient hospitalizations in Canada. The shift toward a sedentary lifestyle, rising stress levels, and obesity among the general population are some of the major factors responsible for increasing chronic diseases, thereby increasing hospital admissions. The rising number of hospital admissions is projected to increase the utilization of medical tapes, thereby driving the growth of the market.
Medical Tape Market Report Highlights
- Market Size: Accurate market size and CAGR forecasts
- Market Penetration: Thorough information on the product portfolios of the top players in the Global Medical Tape Market . The report analyzes the market based on Product
- Product Development/Innovation: Comprehensive insights on upcoming products, research and development activities, and product launches in the Global Medical Tape Market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various types of Global Medical Tape Market .
- Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in market
- Competitive Assessment: In-depth assessment of leading players operating global Coronavirus Diagnostic Market are provided to understand the global competitive scenario.
Medical Tape Market Regional Analysis:
This report focuses on Medical Tape Market Size, especially in North America, Europe and Asia-Pacific, South America, Middle East, and Africa. This report categorizes the market based on manufacturers, regions, types, and applications. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2029, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
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The financial parameters which are assessed include the sales, profits, and the overall revenue generated by the key players in the market. Furthermore, the report offers a detailed analysis and information as per North America Medical Tape Market Size Growth Analysis by manufacturers, and market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
Medical Tape Market Industry Competitive Analysis:
The Medical Tape Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Table Of Content:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Global Statistics — Key Countries
- New Product Launches
- Pipeline Analysis
- Regulatory Scenario — Key Countries
- Recent Industry Developments — Partnerships, Mergers and Acquisitions
- Global Medical Tape Market Analysis, Insights and Forecast
- Key Findings/ Summary
- Market Analysis — By Product Type
- Market Analysis — By Distribution Channel
- Market Analysis — By Countries/Sub-regions
- Competitive Analysis
- Key Industry Developments
- Global Market Share Analysis
- Competition Dashboard
- Comparative Analysis — Major Players
- Company Profiles
- Products and Services
- SWOT Analysis
- Recent developments
- Major Investments
- Regional Market Size and Demand
- Strategic Recommendations
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