Medical Tapes Market is Thriving Worldwide | Top Leading Players Avery Dennison Corporation, Paul Hartmann AG

Medical Tapes:

Medical tapes, also known as surgical tapes, are used to secure bandages and dressings on wounds and come in various styles. Medical tapes are also used to avoid sports injuries and secure IV infusions used to treat medical diseases.


Market Growth:

The Medical Tapes Market is expected to reach a value of USD 11.59 billion by 2027, growing at a CAGR of 5.80 percent over the forecast period of 2020 to 2027.


The global market for medical tapes is primarily driven by the increased incidence of hospital-acquired infections (HAIs), concerns about patient safety among healthcare practitioners, the launch of newer products from manufacturers, and the introduction of single-patient use goods. 


In addition, rising awareness of the use of medical tapes for therapeutic efficacy among physicians and patients and an increase in the incidence of burns, wounds, and injuries are boosting the market's growth. The global medical tapes market also benefits from product makers' efforts to create differentiated goods for improved safety and expanded uses to boost their market share.


The medical adhesive tapes market has seen enormous expansion in the wake of the Covid-19 outbreak. Although the pandemic has impacted the medical adhesive tapes market regarding logistics and distribution, medical adhesive tapes are one of the most in-demand medical applications. As a result, they are likely to increase significantly in the next few years. As a result, by the end of 2021, the medical adhesive tapes market is expected to grow rapidly.


Regional Analysis:

North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa make up the regional segments of the global medical tapes market. Soon, Asia Pacific is predicted to lead the total market, with the largest share. Therefore, during the forecast period, North America and the Asia Pacific are likely to account for a considerable portion of the market's revenue.


Key Players:

M, Kendall & Company Inc., Molnlycke, Cardinal Health, Shandong Cheerain Medical, Co., Ltd, Johnson & Johnson Services, Nitto Denko Corporation Inc., Paul Hartmann AG, Avery Dennison Corporation, among others, are the major players in Medical Tapes Market


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