Healthcare Adhesive Tapes Market worth $37.3 billion by 2023 - PowerPoint PPT Presentation

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Healthcare Adhesive Tapes Market worth $37.3 billion by 2023

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The healthcare adhesive tapes market is projected to grow at USD 37.3 billion by 2023, at a CAGR of 6.51%. The major factor driving the healthcare adhesive tapes market includes the increase in demand for surgeries, wound dressings, hygiene, transdermal drug delivery, and many others, owing to their advantages in many medical applications. – PowerPoint PPT presentation

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Title: Healthcare Adhesive Tapes Market worth $37.3 billion by 2023


1
Healthcare Adhesive Tapes Market worth 37.3
billion by 2023
The report "Healthcare Adhesive Tapes Market by
Resin (Acrylic, Rubber, Silicone), Backing
Material (Paper, Fabric, Plastic), Application
(Surgery, Hygiene, Wound Dressing, Secure Iv
Lines, Ostomy Seal, Splint, Bandages,
Diagnostic), and Region - Forecast to 2023" The
healthcare adhesive tapes market is projected 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. 
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/healthcare-adhesive-tape-market-
175119477.html
2
Introduction
The major factor driving the healthcare adhesive
tapes market includes the increase in demand for
surgeries, wound dressings, hygiene, transdermal
drug delivery, and many others, owing to their
advantages in many medical applications. These
adhesive tapes have wide acceptability due to
factors such as low cost and easy availability,
as compared to traditional medical
procedures. 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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175119477.html
3
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4
Scope of the report
Report Metric Details
Years considered for the study 20162023
Base year 2017
Forecast period 20182023
Units considered Value (USD) and Volume (MSM)
Segments Resin, Backing Material, Application, and Region
Geographies APAC, North America, Europe, South America, and Middle East Africa
Companies 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).

5
Recent Developments
  • In July 2017, Cardinal Health (US) acquired
    Medtronic's Patient Care, Deep Vein Thrombosis
    and Nutritional Insufficiency business for USD
    6.1 billion. This acquisition provides product
    offerings which are used across a wide range of
    applications in the healthcare industry.
  • In May 2017, Avery Dennison acquired Finesse
    Medical, an innovator of healthcare products used
    in the management of wound and skin conditions.
    With a revenue of approximately USD 17.11 million
    over the last year, the company is a key supplier
    to global healthcare-product OEMs and also
    provides contract manufacturing and product
    development services. This acquisition will
    accelerate the achievement of Avery Dennison's
    long-term strategic and financial goals for
    industrial and healthcare materials segment
  • In April 2017, Essitys (Sweden) acquired BSN
    medical, a leading medical solutions company. The
    company develops, manufactures, markets, and
    sells products within wound care, compression
    therapy, and orthopedics. Through this
    acquisition, the companys aim is to become
    leading provider of hygiene and health solutions,
    globally.

View Full Report https//www.marketsandmarkets.c
om/Market-Reports/healthcare-adhesive-tape-market-
175119477.html
6
Key Questions Addressed by the Report
  • What are the mid-to-long-term impacts of the
    developments undertaken by the key players of the
    market?
  • Are the manufacturers of healthcare adhesive
    tapes shutting down their plants because of the
    poor growth globally in a few applications?
  • Which backing material has the potential to
    register the highest market share and because of
    which application?
  • What is the upcoming application for healthcare
    adhesive tapes?
  • What will be the future of the healthcare
    adhesive tapes market?

View Full Report https//www.marketsandmarkets.c
om/Market-Reports/healthcare-adhesive-tape-market-
175119477.html
7
Key Participants
The major vendors in the healthcare adhesive
tapes market are 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). Nitto Denko
Corporation (Japan), is one of the largest
healthcare adhesive tapes companies. This company
has a strong global presence. It has a
diversified product portfolio to cater to end-use
industries according to their requirements. To
sustain its dominating position, the company may
enter into new industries and target new
markets.
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175119477.html
8
On The Basis Of Region
North America to account for the largest share
of the healthcare adhesive tapes market during
the forecast period Various factors have
contributed to the growth of the North American
healthcare adhesive tapes market. These factors
include the rising incidence of chronic wounds,
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.
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om/Market-Reports/healthcare-adhesive-tape-market-
175119477.html
9
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10
About Us
MarketsandMarkets provides quantified B2B
research on 30,000 high growth emerging
opportunities/threats which will impact 70 to
80 of worldwide companies' revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach Markets and
Markets for their pain points around revenues
decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
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11
How Markets Markets is different?
  • Most-detailed market segmentation in the industry
  • In-depth analysis of patents and profiles of key
    market players providing a competitive landscape
  • Market data for segments such as technologies,
    services applications across geographies
  • High level analysis of major market segments and
    identification of opportunities.

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12
Thank You
Contact Us Mr. Shelly Singh MarketsandMarkets
INC.  630 Dundee Road, Suite 430  Northbrook, IL
60062  USA 1-888-600-6441  sales_at_marketsandmarke
ts.com
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