US Medical Tapes and Bandages Market: Industry Growth, Size, Share and Forecast

Posted by OMR Global on January 30th, 2020

US medical tapes & bandages market is estimated to grow at a CAGR of over 3.5% during the forecast period. The growing incidence of pressure ulcers (PU) owing to aging populations, increased per capita healthcare expenditure and the presence of major market players are driving the market in this region. Further, the increasing number of burn cases also increases the demand for medical tapes & bandages. American Burn Association estimates that scald burns comprise around 35% of overall burn injuries admitted in the US burn centers in 2017. However, nearly 65% of these occur to children less than 5 years old. Moreover, as per the aforementioned association, over 300 children are admitted to emergency rooms and two children die from burn injuries each day. These facts and figures reflect the need of medical tapes & bandages to reduce the effect or find a treatment for burned skin part. Furthermore, the country has a significant number of burn centers that make use of medical tapes & bandages in the treatment of burn skin of a patient. 

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The market is segmented on the basis of product and application. On the basis of product, the market is segmented into two main categories which include medical tapes and medical bandages. Medical bandages include several types such as gauze bandage, adhesive bandage, cohesive and elastic bandage, and others which include diagnostic tapes. Medical bandages held the highest market share in 2018. On the basis of application, the market is segmented into surgical wound treatment, traumatic wound treatment, ulcer treatment, sports injury treatment, burn injury treatment and other applications. The traumatic wound held the highest market share in 2018. 

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The key players in the US medical tapes & bandage market include 3M Co, AMD Medicom Inc., Andover Healthcare Inc., ASO Inc., Cardinal Health, Inc., and others. These market players have a strong product portfolio which contributes to their business growth. Major strategies adopted by these market players include merger & acquisition, product launch, and geographical expansion. These market players are significantly contributing to the global medical tapes & bandages market. 

US Medical Tapes and Bandages Market Segmentation 

By Product 

• Medical Bandage
• Gauge Bandage
• Adhesive Bandage
• Cohesive and Elastic Bandage
• Other Medical Bandage
• Medical Tapes
• Fabric Tapes
• Paper Tapes
• Plastic Tapes
• Other Tapes 

By Application 

• Surgical Wound Treatment
• Traumatic Wound Treatment
• Ulcer Treatment
• Sports Injury Treatment
• Burn Injury Treatment
• Others 

Company Profiles 

• 3M Co.
• AMD Medicom Inc.
• ASO, LLC
• Aspen Surgical Products, Inc.
• Avcor Healthcare Products Inc.
• Cardinal Health, Inc.
• Derma Sciences, Inc.
• Hartmann USA, Inc.
• Hollister, Inc.
• Johnson & Johnson, Inc.
• Medline Industries, Inc.
• Organogenesis, Inc

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