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Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Medical Tapes and Bandages Market Outlook

The global medical tapes and bandages market size attained a value of USD 7.59 billion in 2023. The market is likely to grow at a CAGR of 4% during the forecast period of 2024-2032 to attain a value of USD 10.81 billion by 2032.

Some of the factors driving the growth of the medical tapes and bandages industry are the increasing number of surgeries and the growth in the geriatric population globally.

Global Medical Tapes and Bandages Market

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Market Segmentation

Medical tape is a adhesive tape, which is pressure-sensitive and is used to hold a bandage or other dressing on a wound in medicine and first aid. 

The global medical tapes and bandages market can be divided based on segments like product type, end-use, and application.

The industry can be divided based on its product type as medical tapes and medical bandages. While the medical tapes segment is subdivided into fabric tape, paper tape, and plastic tape, among others, the medical bandages segment is subdivided into gauze bandage, adhesive bandage, and cohesive and elastic bandage, among others.

The industry is divided based on its end-uses into hospitals, clinics, and ambulatory surgical centres, among others.

Global Medical Tapes and Bandages Market

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The industry can be broadly categorised based on its application into:

  • Surgical Wounds
  • Traumatic and Laceration Wounds
  • Burns
  • Ulcers
  • Sports Injuries

The EMR report looks into the regional medical tapes and bandages markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Market Analysis

The segment of medical bandages accounted for the largest market share in 2023. This development can be ascribed to the growing ageing population, the rising cases of accidents, and an increase in medical situations requiring surgery. Due to the increasing number of patients with ulcers owing to the growing diabetic population, the ulcers segment, among other applications, is anticipated to develop at the fastest pace during the forecast period. The hospitals segment, meanwhile, accounted for the largest market share in 2020 among other end-use sectors due to the rising number of surgical procedures conducted in hospitals. During the forecast period, the Asia Pacific is anticipated to record the fastest growth rate, primarily owing to increasing ageing and diabetes-prone population. It is, however, anticipated that increased awareness of sophisticated wound care would hinder the development of the market for medical tapes in the coming years.

Global Medical Tapes and Bandages Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global medical tapes and bandages market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • The 3M Company
  • Johnson & Johnson (NYSE: JNJ)
  • Smith & Nephew Plc 
  • Medtronic Plc. 
  • Cardinal Health Inc. 
  • Medline Industries, Inc.
  • Baxter International Inc. 
  • Derma Sciences Inc. 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Applications
  • End User
  • Region
Breakup by Product Type
  • Medical Tapes
  • Medical Bandages
Breakup by Applications
  • Surgical Wound
  • Traumatic Wound
  • Ulcer
  • Sports Injury
  • Burn Injury
  • Other Injuries
Breakup by End User
  • Hospitals
  • Ambulatory Surgery Centers
  • Clinics
  • Homecare Settings
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • 3M
  • Smith & Nephew plc
  • Integra LifeSciences Holdings Corporation
  • Mölnlycke Health Care AB
  • ConvaTec Group plc.
  • Coloplast A/S
  • Medline Industries, Inc
  • Advanced Medical Solutions Group plc
  • Hollister Incorporated
  • B. Braun Melsungen AG
  • DeRoyal Industries, Inc.
  • PAUL HARTMANN AG
  • Advancis Medical
  • Cardinal Health
  • DermaRite Industries, LLC
  • Urgo Medical
  • Shield Line
  • Winner Medical Co., Ltd.
  • Zhejiang Top-Medical Medical Dressing Co., Ltd.
  • North Coast Medical
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The medical tapes and bandages market was valued at USD 7.59 billion in 2023.

The market is expected to grow at a CAGR of 4% from 2024 to 2032 to reach a value of USD 10.81 billion by 2032.

The major drivers include the development of the wound care management sector, growing incidences of sports injury, the increasing geriatric population, and the growing number of surgeries and trauma cases.

The key trends guiding the growth of the market include the increasing investments in the R&D activities by the key players and the improving healthcare standards in emerging economies.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Medical tape and medical bandages are the significant product types in the market.

Surgical wounds, traumatic and laceration wounds, burns, ulcers, and sports injuries are the major applications of the product.

Hospitals, clinics, and ambulatory surgical centres, among others, are hospitals, clinics, and ambulatory surgical centres, among others. 

The major players in the market are The 3M Company, Johnson and Johnson Services, Inc., Smith and Nephew Plc, Medtronic Plc., Cardinal Health Inc., Medline Industries, Inc., Baxter International Inc., and Derma Sciences Inc., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124