Report Scope & Overview:
Medical Adhesive Tapes Market Size was valued at USD 16.85 billion in 2022, and is expected to reach USD 26.86 billion by 2030, and grow at a CAGR of 6.0% over the forecast period 2023-2030. Due to the sensitive nature of medical care, the healthcare market needs packaging that can be trusted and is safe. Medical adhesive tapes are tapes that stick and stay in place when firm pressure is put on them. Medical adhesive tape is important in the medical field and is a tool that can be used in many different ways. The most useful thing in a first aid kit is medical adhesive tape, which is the most important thing in the kit. Healthcare adhesive tape is also called "surgical tape," and it is used in a wide range of situations, including surgery, ostomy seals, and transdermal patches. It comes in different styles, lengths, and widths so that it can be used for different kinds of bandages. Healthcare adhesive tape is made from different things, like plastic, cloth, nylon, paper, silk, and foam. It is stretchy, flexible, and water-resistant surgical tape that can stretch in all directions. It doesn't get wet or oily and sticks well to skin and dressings. It also lets air move around the wound, keeping it safe and well-ventilated. So, healthcare adhesive tapes will be in high demand on the market because more people want them to be safe, easy to use, and useful.
Market Dynamics:
Drivers:
Increase in the number of surgeries.
Increasing Aging Population
Asia and the Pacific have a high demand for medical adhesive tapes.
Demand went up because the government gave more money to help healthcare systems get ready for COVID-19.
Restraints:
Prices of raw materials that change a lot
Opportunity:
In emerging markets, the healthcare sector
Changes to the health care system
Challenge:
Putting more price pressure on market participants
Getting the word out about high-tech wound care products
Putting in place strict rules and regulations
Impact of Covid-19:
Due to the spread of COVID-19, there have been a number of problems in the value chain of medical adhesive tapes. The lack of suppliers has caused the most trouble in the value chain. This is because many industries have shut down, including raw material manufacturers. This was made worse by road restrictions put in place all over the world to stop the pandemic from spreading. Because of this, the prices of raw materials like PVC and paper went up by 11% to 50% for a short time.
Aside from the things listed above, the COVID-19 outbreak caused a lot of trouble in the healthcare industry. The health care system around the world was put to the test by this pandemic. In many countries, there were not enough medical facilities. Since the outbreak, this has led to a big rise in demand for medical adhesive tapes.
Key Players:
Avery Dennison Corporation (US), 3M Company (US), Johnson & Johnson (US), Medtronic PLC (Ireland) , Scapa Group PLC (UK), Nichiban Co., Ltd. (Japan), Paul Hartmann AG (Germany, Nitto Denko Corporation (Japan), Medline Industries, Inc. (US), Smith & Nephew PLC (UK), Mactac Mexico, Lohmann GmbH & Co.KG
Market Segment:
By resin type
Acrylic
Silicone
Rubber
Others
By backing material
Paper
Fabric
Plastic
Others
By application
Surgery
Wound Dressing
Splints
Secure IV lines
Ostomy Seals
Others
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Regional Analysis:
The number of healthcare adhesive tapes has grown a lot in the Asia-Pacific region. China and India are two countries that are growing quickly and have a lot of money to spend on healthcare adhesive tapes because their healthcare and hygiene industries are growing. More people are getting sick because their eating habits are changing and their health problems are getting worse because of their busy lives. Consuming unhealthy fast food and packaged foods and living in a dirty way also led to health problems that increased the need for medical diagnosis and care. So, there is a big need for healthcare adhesive tapes in the Asia-Pacific region.
Healthcare adhesive tapes are expected to grow very quickly in North America because they can be used in a wide range of surgical procedures and are made with the patient's safety and care in mind. People in North America are more aware of their health, hygiene, and personal care. Healthcare adhesive tapes are in high demand because they help keep patients safe, healthy, and comfortable during surgery, wound care, and diagnosis care. Also, the growing popularity of silicone pressure-sensitive adhesive tapes will increase the need for healthcare adhesive tapes in North America.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 16.86 Billion |
| Market Size by 2030 | US$ 26.86 Billion |
| CAGR | CAGR of 6.0% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By resin type (Acrylic, Silicone, Rubber, Others) • By backing material (Paper, Fabric, Plastic, Others) • By application (Surgery, Wound Dressing, Splints, Secure IV lines, Ostomy Seals, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Avery Dennison Corporation (US), 3M Company (US), Johnson & Johnson (US), Medtronic PLC (Ireland) , Scapa Group PLC (UK), Nichiban Co., Ltd. (Japan), Paul Hartmann AG (Germany, Nitto Denko Corporation (Japan), Medline Industries, Inc. (US), Smith & Nephew PLC (UK), Mactac Mexico, Lohmann GmbH & Co.KG |
| DRIVERS | • Increase in the number of surgeries. • Increasing Aging Population • Asia and the Pacific have a high demand for medical adhesive tapes. |
| Restraints | • Prices of raw materials that change a lot |
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Surgery, Wound Dressing, Splints, Secure IV lines, Ostomy Seals and Others are the sub-segments of by application segment.
Ans: Due to the spread of COVID-19, there have been a number of problems in the value chain of medical adhesive tapes. The lack of suppliers has caused the most trouble in the value chain. This is because many industries have shut down, including raw material manufacturers. This was made worse by road restrictions put in place all over the world to stop the pandemic from spreading. Because of this, the prices of raw materials like PVC and paper went up by 11% to 50% for a short time.
Ans: Putting more price pressure on market participants, Getting the word out about high-tech wound care products and Putting in place strict rules and regulations are the challenges faced by the Medical Adhesive Tapes Market.
Ans: Medical Adhesive Tapes Market Size was valued at USD 15.9 billion in 2021, and expected to reach USD 23.90 billion by 2028, and grow at a CAGR of 6.0 % over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Medical Adhesive Tapes Market Segment, By resin type
8.1 Acrylic
8.2 Silicone
8.3 Rubber
8.4 Others
9.Medical Adhesive Tapes Market Segment, By backing material
9.1 Paper
9.2 Fabric
9.3 Plastic
9.4 Others
10.Medical Adhesive Tapes Market Segment, By application
10.1 Surgery
10.2 Wound Dressing
10.3 Splints
10.4 Secure IV lines
10.5 Ostomy Seals
10.6 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profile
12.1 Avery Dennison Corporation (US)
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 3M Company (US)
12.3 Johnson & Johnson (US)
12.4 Medtronic PLC (Ireland)
12.5 Scapa Group PLC (UK)
12.6 Nichiban Co., Ltd. (Japan)
12.7 Paul Hartmann AG (Germany)
12.8 Nitto Denko Corporation (Japan)
12.9 Medline Industries, Inc. (US)
12.10 Smith & Nephew PLC (UK)
12.11 Mactac Mexico
12.12 Lohmann GmbH & Co.KG
13.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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