PUNE, India, August 24, 2017 /PRNewswire/ --
According to a new market research report "Medical Adhesive Tapes Market by Type (Acrylic, Silicone, Rubber), Backing Material (Paper, Fabric, Plastic), Application (Surgeries, Wound Dressings, Secure IV Lines, Splints, Ostomy Seals) - Global Forecast to 2022", published by MarketsandMarkets™ the market is projected to grow at a CAGR of 5.69% from an estimated 6.64 Billion in 2017 to 8.76 Billion in 2022.
Browse 82 Market Data Tables and 41 Figures spread through 134 Pages and in-depth TOC on "Medical Adhesive Tapes Market"
Early buyers will receive 10% customization on this report
The demand for medical adhesive tapes is high in applications such as surgeries, wound dressings, secure IV lines, splints, and ostomy seals due to the ease of use and wide availability. Fabric is the highest used medical adhesive tape across the globe. Growth in various applications, especially in the Asia Pacific, is driving the global medical adhesive tapes market.
Among resin type, the silicone medical adhesive tape segment in the medical adhesive tapes market is expected to grow at the highest CAGR during the forecast period
Silicone adhesive tapes are gentler than traditional acrylate adhesives, as per clinical research, and performance is excellent on low surface energy substrates. Major players are planning to increase the production capacity of silicone medical adhesive tapes considering future demand as these are widely used for fragile skin, such as infants and elderly patients with co-morbidities which cause a more fragile skin.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=228284700
Among backing materials, the fabric medical adhesive tapes segment is expected to lead the medical adhesive tapes market and the paper medical adhesive tapes segment is expected to grow at the highest CAGR during the forecast period
Fabric medical tapes are made of either polyester, cotton taffeta, or a combination of fibers which are coated with adhesives, allowing the dressing to stick to the body surface. Fabric medical adhesive tapes find applications in securing dressings, catheters, tubing, and other medical purposes. Their strength along with elasticity enables use on body areas such as the biceps, which expand and contract with movement. Due to their fabric backing, doctors or surgeons can mark them with pens to tag surgical scrubs and other equipment.
The Asia Pacific medical adhesive tapes market is expected to grow at the highest CAGR during the forecast period
Among regions, the Asia Pacific is expected to be the fastest-growing Medical Adhesive Tapes Market. This high growth is mainly attributed to high-growth economies such as China, India, Taiwan, and other smaller countries, such as Indonesia, Vietnam, and Malaysia. China is the leading market in terms of the demand for medical adhesive tapes in the Asia Pacific.
3M Company (US), Medtronic Plc (Ireland), Nitto Denko Corporation (Japan), Johnson & Johnson (US), Smith & Nephew Plc (UK), Nichiban Co., Ltd. (Japan), PAUL HARTMANN AG (Germany), and Avery Dennison Corporation (US), among others are the key players operating in the medical adhesive tapes market.
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=228284700
Browse Related Reports
Adhesive Tapes Market by Type (Commodity and Specialty), Application (Packaging, Masking, Consumer, Healthcare, Automotive, White Goods), Technology (Solvent, Hot-melt, and Dispersion-based), Backing Material (PP, Paper, and PVC) - Global Forecasts to 2021
Medical Adhesive Market by Natural Resin Type (Collagen, Fibrin), by Synthetic & Semi-Synthetic Resin Type (Acrylic, Cyanoacrylate, Epoxy, Silicone, Polyurethane), by Formulating Technology (Water, Solvent, Solids & Hot Melt) - Global Forecast to 2019
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" 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.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Email: [email protected]
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets