Fabric to account the largest share in the Healthcare Adhesive Tapes Market

Posted by Robin White on February 17th, 2020

The market for healthcare adhesive tapes is estimated to grow from USD 27.2 billion in 2018 to USD 37.3 billion by 2023, at a CAGR of 6.51% during the forecast period due the high demand for these tapes for primary treatment of wounds by covering and securing to prevent bacterial infections and to hold bandages in place. They are also used for securing dressings, catheters, and infusion or drainage devices. It comes in a variety of lengths and widths that are designed to meet a wide range of bandaging needs. The growth of the market is due to the increasing use of these tapes in wound care and for surgery in emerging economies such as India, China, Thailand, Indonesia, Brazil, and Argentina.

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The fabric is the most popular backing material used in the manufacturing of healthcare adhesive tapes. Fabric healthcare adhesive tapes are high in demand as they have high strength, toughness, good abrasion, and heat resistance, low creep at elevated temperatures, good chemical resistance, and excellent dimensional stability. Owing to its strength, these tapes are used for securing dressings, catheters, tubing, and wound dressing and for other medical purposes.

Various factors have contributed to the growth of the North American healthcare adhesive tapes market. These factors include the rising incidence of chronic wounds, an increase in the number of elderly citizens, increasing patient awareness on wound care, aging population, and technological advancements in the healthcare industry. The surgical adhesive tapes application has witnessed steady growth along with an increase in orthopedic and trauma, neurosurgery, cardiovascular, and gastroenterology. The increasing number of orthopedic procedures in the US is driving the demand for bandages and healthcare adhesive tapes.

Major vendors in the healthcare adhesive tapes market include 3M (US), Cardinal Health, Inc. (US), Nitto Denko Corporation (Japan), Johnson & Johnson Services, Inc. (US), PAUL HARTMANN AG (Germany), Avery Dennison Corporation (US), NICHIBAN Co., Ltd. (Japan), Smith & Nephew (UK), Lohmann GmbH & Co.KG (Germany), Scapa Group Plc (US), Medline Industries Inc. (US), and Essity Aktiebolag (PUBL) (Sweden).