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Increasing number of surgeries being performed across the world are set to bolster medical adhesive tapes market expansion over the coming years.
NEW YORK , Oct. 12, 2022 /PRNewswire/ -- Sales revenue of the global medical adhesive tapes market in 2022 is valued at US$ 9.3 billion and is projected to reach US$ 14.5 billion by the end of 2030.
Rise in chronic diseases has led to an increased rate of hospitalizations and surgeries across the world and this is expected to primarily drive the demand for medical adhesive tapes across the forecast period. Increasing investments in healthcare infrastructure development in emerging economies such as India , China , and Brazil are also expected to favor medical adhesive tapes market growth through 2030.
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Key medical adhesive tape manufacturers are focusing on the development and launch of new tapes to increase their sales potential and gain a competitive edge over other companies.
Key Takeaways from Market Study
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Medical adhesive tape companies are focusing on the expansion of their business scope through mergers, collaborations, acquisitions, and partnerships to strengthen their sales potential across the world.
Top players in the medical adhesive tapes market are anticipated to invest in product innovation and fast-track the launch of new products to maximize revenue generation capacity through 2030.
Top Industry Players of Medical Adhesive Tapes
Segments of Medical Adhesive Tapes Industry Research
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Medical adhesive tape manufacturing companies are expected to adopt strategies that help them bolster their market presence and advance revenue generation capacity. Medical adhesive tape manufacturers are expected to develop and launch products that are geared towards advanced wound care to maximize their business scope going forward.
A comprehensive account of all the strategies adopted by major and minor market players has been detailed in this latest medical adhesive tapes market research report by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global medical adhesive tapes market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2030.
The study divulges essential insights on the market on the basis of resin type (acrylic, silicone, rubber, others), backing material (paper, fabric, plastic, others), adhesion (single-sided, double-sided), and application (surgeries, wound dressings, splints, secure iv lines, ostomy seals, others), across five major regions (North America , Latin America , Europe , Asia Pacific , and the Middle East & Africa ).
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