The Global Healthcare Adhesive Tapes Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
Top Companies Profiled in this report includes, 3M (US), Cardinal Health, Inc. (US), Nitto Denko Corporation (Japan), Johnson & Johnson Services, Inc (US), PAUL HARTMANN AG (Germany), Avery Dennison Corporation (US), NICHIBAN Co., Ltd. (Japan), Smith & Nephew (UK), Lohmann GmbH & Co.KG (Germany), Scapa Group Plc (US), Medline Industries Inc. (US), and Essity Aktiebolag (PUBL) (Sweden).
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The Healthcare Adhesive Tapes Market size is projected to grow from US$ 27.2 Billion in 2018 to US$ 37.3 Billion by 2023, at a CAGR of 6.51% during the forecast period. This report spread across 155 pages, profiling 12 companies and supported with tables and figures is now available in this research.
The Rise in aging population and advancements in medical procedures will continue to drive the demand for healthcare adhesive tapes in the healthcare industry, including hygiene, drug delivery, wound care, splints, surgeries, and other applications. Declining birth rates and very high diaper penetration rate in matured markets such as the US, Japan, and Western European countries has led to stagnant demand for hygiene products in these regions as the baby diaper segment is a major consumer of hygiene adhesive tapes.
Plastic tapes include PET, PP, PU, PE, and these tapes allow air to reach the wound and moisture to evaporate. Their transparency makes them ideal in situations where constant monitoring of skin/dressing is needed. Plastic healthcare adhesive tapes can also be solid (without pores), making them water-resistant. Plastic tapes are stronger than paper tapes and can hold heavy secure dressings, tubing, and can be used for related healthcare procedures.
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“Wound dressing is expected to be the fastest-growing application during the forecast period.”
A Dressing is used by a doctor or patient to cover a wound to heal and keep it away from infection or complications. Dressings are designed in such a way that they come in direct contact with the wound. There are four types of wound dressings such as hydro colloid, hydrogel, alginate, and collagen. Healthcare adhesive tapes are used to keep these dressings intact for better wound healing. These tapes secure dressings onto a wound and hold catheters & drainage lines in place.
“APAC to record the highest growth rate during the forecast period.”
The APAC healthcare adhesive tapes market is expected to register the highest CAGR during the forecast period, due to the rising demand for healthcare adhesive tapes from economies, including India, China, South Korea, Vietnam, Taiwan, and Singapore, among others. China is expected to lead the demand for healthcare adhesive tapes due to the increased industrial production. It is also reportedly among the largest consumers of healthcare adhesive tapes at the global level.
Breakdown of primary participants’ profile:
By Company type: Tier 1 – 64%, Tier 2 – 27%, and Others – 9%
By Designation: C Level – 30%, Director Level – 60%, and Others – 10%
By Region: Europe – 50%, North America – 20%, APAC – 12%, South America – 11%, and the Middle East & Africa – 7%
Competitive Landscape of Healthcare Adhesive Tapes Market:
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Dynamic Differentiators
2.3 Emerging Companies
3 Strength of Product Portfolio
4 Business Strategy Excellence
5 Market Leader
5.1 Top Two Market Leaders
5.3 Cardinal Health
6 Competitive Scenario
6.1 Merger & Acquisition
6.2 New Product Launch
6.3 Investment & Expansion
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Reason to access this report:
The Report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall healthcare adhesive tapes market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.