Market Analysis and Insights: Global Medical Adhesive Tapes Market
Medical adhesive tapes market will reach an estimated valuation of USD 11.59 Billion by 2027, while registering this growth at a rate of 5.80% for the forecast period of 2020 to 2027. Medical adhesive tapes market report analyses the growth, which is currently being growing due to the increasing number of surgical procedure.
The growing number of geriatric population across the globe, rising preferences towards medical adhesive tapes in developing economies, increasing medical tourism are some of the factors which will likely to enhance the growth of the medical adhesive tapes market in the forecast period of 2020-2027. On the other hand, rising demand of green and environmental friendly products which will further boost various opportunities that will lead to the growth of the medical adhesive tapes market in the above mentioned forecast period.
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Global Medical Adhesive Tapes Market Scope and Market Size
Global Medical adhesive tapes market is segmented on the basis of backing material, resin type, product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of backing material, medical adhesive tapes market is segmented into paper tapes, fabric tapes, plastic tapes, and other tapes.
Based on resin type, medical adhesive tapes market is segmented into acrylic, silicone, rubber, and others.
Medical adhesive tapes market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for medical adhesive tapes market includes surgery, wound dressing, splints, secure IV lines, ostomy seals, and other applications. Other applications have been further segmented into burn injury treatment, and sport related fatalities.
Based on product type, medical adhesive tapes market is segmented into medical breathable non-woven tape, medical breathable PE tape, medical rayon tape, easy-tear non-woven cloth tape, and zinc oxide adhesive cloth tape.
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Medical Adhesive Tapes Market Country Level Analysis
Medical adhesive tapes market is analysed and market size, volume information is provided by country backing material, resin type, product type and application as referenced above.
The countries covered in the medical adhesive tapes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical adhesive tapes market due to the introduction of advanced technologies along with growing number of surgeries. Asia-Pacific region is expected to hold the largest growth rate due to the increasing applications of medical tapes from various economies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and Medical Adhesive Tapes Market Share Analysis
Medical adhesive tapes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical adhesive tapes market.
The major players covered in the medical adhesive tapes market report are 3M, Medline Industries, Inc., NITTO DENKO CORPORATION., Johnson & Johnson Services, Inc., Smith & Nephew., NICHIBAN Co., Ltd, Scapa Group plc, PAUL HARTMANN AG, AVERY DENNISON CORPORATION., Lohmann GmbH & Co.KG, Mactac Mexico, Berry Global Inc., Mercator Medical S.A., Jiangsu Nanfang Medical Co., Ltd., DermaMed Coatings Company , LLC., CCT Tapes., Seyitler Kimya., GERGONNE INDUSTRIE, DermaRite Industries, LLC., A.M.G. Medical Inc., Sterimed Group, Pinnacle Technologies, WUXI BEYON MEDICAL PRODUCTS CO.,LTD. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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