Return to: Medical NewsMedical Adhesive Tapes Demand is Expected to Reach $14 billion by 2030A new report from Industry Experts, Inc. on "Medical Adhesive Tapes Market", reveals that the global market for Medical Adhesive Tapes is estimated at US$9.8 billion in 2024 and is anticipated to register a CAGR of 6.3% during the 2024-2030 analysis period and stand at a projected US$14.2 billion by 2030. The Medical Adhesive Tapes market is driven by rising demand from chronic diseases, increasing hospital admissions, and an aging population. Advancements in tape technology, expanding home healthcare, and the growth of medical tourism further fuel market expansion. Additionally, higher investment in wound care management, increased surgical procedures, and heightened awareness of proper wound care drive market growth. Emerging markets with improving healthcare infrastructure and a shift towards eco-friendly products are key growth opportunities in this sector. Based on resin type, the acrylic segment led the medical adhesive tapes market in 2024 with an estimated 41.9% market share, driven by its strong initial tack, low skin sensitivity, residue-free removal, humidity and heat resistance, latex-free composition, and versatility in lamination onto various surfaces like foams and film dressings. Meanwhile, the silicone segment is expected to register the fastest CAGR of 8.2% during the forecast period from 2024 to 2030. The report analyzes the global medical adhesive tapes market covering the major regions including North America (The United States, Canada, and Mexico), Europe (Germany, France, The United Kingdom, Spain, Italy, Russia, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World. Medical adhesive surgery devices market studied in this report with respect to Resin Type – Acrylic, Silicone, Rubber and Other Types (Including Hybrid and Other Specialized Adhesive Tapes); Backing Material – Paper, Fabric, Plastic and Others (Including Foam, Woven, Non-woven, and Metal Foil); and Application – Surgeries, Wound Dressings, Secure IV Lines, Ostomy Seals and Other Applications (Healthcare, Dental, and Sports Protection). About Industry Experts, Inc. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts. ... News Release: Medical Adhesive Tapes Demand is Expected to Reach $14 billion by 2030 Submitted on: December 10, 2024 11:33:08 AM Submitted by: IndustryexpertsMedia On behalf of: industry-experts.com/verticals/medical-equipment-supplies/global-medical-adhesive-tapes-market |