Medical Tapes and Bandages Market to reach 7.39 Billion USD by 2022

(I-BusinessNews.Com, February 03, 2021 ) The report “Medical Tapes and Medical Bandages Market by Product (Tapes (Fabric, Paper, Plastic), Bandage (Gauze, Adhesive, Cohesive & Elastic)), Application (Surgery, Trauma & Laceration, Ulcer, Sport, Burns), End User (Hospitals, ASCS, Clinics, Homecare) – Forecast to 2022”, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).            

Browse 118 Market Data Tables and 33 Figures spread through 163 Pages and in-depth TOC on “Medical Tapes and Medical Bandages Market by Product (Tapes (Fabric, Paper, Plastic), Bandage (Gauze, Adhesive, Cohesive & Elastic)), Application (Surgery, Trauma & Laceration, Ulcer, Sport, Burns), End User (Hospitals, ASCS, Clinics, Homecare) – Forecast to 2022”
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The global medical bandages market is projected to reach USD 7.39 Billion by 2022 from 6.13 Billion in 2017, at a CAGR of 3.8%. Some of the factors driving the growth of this market are the increasing number of surgeries and the growth in geriatric population.

This report broadly segments the medical tapes and bandages market into product type, end user, application, and region. By product type, the market is categorized into medical tapes and bandages. In 2016, the medical bandages segment accounted for the largest share of the market. This can be attributed to the high number of surgical procedures, increasing aging population, and a rise in medical conditions which require surgical intervention.

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By applications, the market is segmented into surgical treatment, traumatic & laceration injury treatment, sport & burn injury treatment, ulcer treatment, and treatment of other injuries and wounds. The ulcer treatments segment is expected to grow at the fastest rate during the forecast period, due to the rising number of patients with ulcers due to growth in the diabetic population.

Based on end users, the market is categorized into hospitals, clinics, ambulatory surgical centers, and homecare setting. The hospitals segment accounted for the major share of the market in 2016, owing to a large number of surgical procedures performed in hospitals.

This report covers the market across four major geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Of the four geographic regions studied in the report, Asia-Pacific is expected to register the highest growth rate during the forecast period mainly due to rising an aging and diabetes-prone population.

The major players in the market include 3M Company (U.S.), Medtronic plc (Ireland), Johnson & Johnson Consumer Inc. (U.S.), Medline Industries, Inc. (U.S.), BSN Medical (Germany), Cardinal Health, Inc. (U.S.), Beiersdorf (Germany), Nitto Denko Corporation (Japan) Nichiban Co., Ltd. (Japan), Lohmann & Rauscher (Germany), Derma Sciences Inc. (U.S.), Smith & Nephew (U.K.), B Braun Melsungen AG (Germany), PAUL HARTMANN AG (Germany), Mölnlycke Health Care (Sweden), Andover Healthcare Inc. (U.S.), Dukal Corporation (U.S.), Dynarex Corporation (U.S.), AVCOR Health Care Products, Inc (U.S.), Tetra Medical Supply Corporation (U. S.), Kerma Medical Products Inc. (U.S.), and DermaRite Industries, LLC. (U.S.).

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