Medical Transfer Tapes Market: Advanced Technologies and Growth Opportunities

Posted by Kishor on May 24th, 2019

Medical transfer tapes are pressure sensitive tapes that are widely used in the healthcare industry. These tapes have medical grade adhesives in them, which make them suitable for usage in healthcare, medical and electronics industries. Medical transfer tapes are found to be useful in applications, such as antimicrobial dressings, surgical patches, thin film dressings and wound closure products, among others. Medical transfer tapes are used to prevent injuries during various sporting events and secure IV tubes and other products used during various healthcare conditions. Medical transfer tapes are available in custom shapes and dimensions as per the requirement of the medical procedure.

Unlike other specialty pressure sensitive tapes, medical transfer tapes are stiff and made from durable material, which makes them optimum choice for various applications in medical sector including surgical drape construction and medical device assembly. Overall, the outlook for the global medical transfer tapes market is expected to be positive during the forecast period.

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Medical Transfer Tapes Market: Dynamics

• The global medical transfer tapes market is expected to witness high demand against the backdrop of rising health-related concerns across the globe. Growing applications of pressure sensitive tapes in various end-use industries are expected to drive their demand globally.
• Medical transfer tapes are skin friendly and are used as wound care dressings for short as well as long terms. Medical transfer tapes are breathable, flexible and can be easily removable. These factors are expected to propel the growth of the medical transfer tapes market during the forecast period.
• Also, rising concerns among physicians and patients regarding infections and growing incidence of burns and injuries are expected to fuel the growth of the global medical transfer tapes market during the next decade.

The factors which are likely to hinder the growth prospects for the global medical transfer tapes market are the growing medical adhesive-related skin injuries and lack of rules and guidelines regarding the use of medical transfer tapes in various regions. These factors are expected to hamper the growth of the global medical transfer tapes market during the forecast period.

North America region is expected to dominate the global medical transfer tapes market during the forecast period, primarily due to the presence of highly advanced medical services in the region. The region is followed by APEJ, especially China and India, where the number of healthcare practitioners is growing. Also, APEJ is the largest and most populated region; the APEJ is expected to represent more opportunities in the global medical transfer tapes market due to growing number of diseases in the region. Western Europe is expected to witness average growth in the medical transfer tapes market. Latin America region is expected to expand at high growth rate due to the fast-growing medical and healthcare sector.

Medical Transfer Tapes Market: Key Players

Few of the leading players operating in the global medical transfer tapes market are –

• Johnson & Johnson
• Medtronic plc.
• 3M Healthcare
• Berry Global, Inc.
• Avery Dennison Corporation
• Paul Hartmann Pty Limited
• Cardinal Health, Inc.
• Smith & Nephew plc
• Mlnlycke Health Care
• Baxter International Inc.
• Medline Industries, Inc.
• Derma Sciences Inc.