Medical Adhesive Tapes Market

Global Medical Adhesive Tapes Market Size (2024 to 2032)

The size of the global medical adhesive tapes market was worth USD 7.84 billion in 2023. The global market is anticipated to grow at a CAGR of 5.72% from 2024 to 2032 and be worth USD 12.94 billion by 2032 from USD 8.29 billion in 2024. 

Current Scenario of the Global Medical Adhesive Tapes Market

Medical adhesive tapes, such as pressure-sensitive adhesive tape with a porous polymer covering, seal parts in medical equipment, diagnostic devices, and other medical devices. In the medical profession, medical adhesive tapes are widely utilized. Dressings, catheters, and infusion or drainage devices are secured with them. It's available in several lengths and widths to suit various bandaging requirements. Medical adhesive tapes are employed in large and small instances, making them an important medical tool that should be kept in every medical care unit. An increase influences the medical adhesive tape prices to demand medical adhesive tapes due to the rise in accidents and mishaps. The fabric tapes are water-resistant and come in various thicknesses, lengths, and designs to suit various bandaging requirements. These tapes are gentle and painless to remove and may even be used on newborns. In addition, doctors and surgeons can mark them with pens to label surgical scrubs and other equipment because of their fabric backing.

MARKET DRIVERS

The growing usage of these tapes in wound care and surgery in developing economies such as India, China, Thailand, Indonesia, Brazil, and Argentina drives the global medical adhesives tapes market.

The increase in surgical procedures can be due to cardiovascular disorders, traumatic injuries, neurological disorders, and other conditions. Medical adhesive tapes are also used to secure dressings, catheters, infusion or drainage devices, and other medical devices. It is available in several lengths and widths to accommodate a wide range of bandaging requirements. Increasing the aging population is also a factor driving market growth. One of the other key factors boosting the market's growth rate is the increasing number of C-section surgeries. In addition, the rising demand for silicone adhesives in the medical sector has fueled the wearable adhesive market's growth, driving the medical adhesive tapes market growth. The increasing prevalence of chronic wounds worldwide, combined with the availability of a diverse range of medical tapes, is projected to favor the global medical tapes market.

Additionally, the increasing demand for silicone adhesives has increased the wearable adhesive market growth in the medical sector over the past few years, driving the medical adhesive tapes market. Furthermore, the demand to develop new products for emerging applications due to medical technology advancements drives the global medical adhesive tapes market.

Rising awareness of the use of medical tapes for securement among physicians and patients and increasing demand for green and environmentally friendly products would fuel multiple opportunities, resulting in the growth of the medical adhesive tapes market. Due to infrastructure growth, changing lifestyles, and buyer preferences, India is projected to be the fastest-growing healthcare adhesive tapes market in APAC during the forecast period. Furthermore, an increase in wounds, burns, and fractures is projected to drive growth in the global medical tapes market during the forecast period. In addition, some of these tapes are treated with zinc oxide to reduce the chance of infection. As a result, the global medical adhesive tapes market is expanding rapidly and is expected to grow further during the forecast period.

MARKET RESTRAINTS

During the forecast period, price fluctuations are expected to generate slight disturbances in the growth rate of the global medical adhesive tapes market. In addition, the lack of proper guidance for selecting and using medical tapes in different geographies is likely to restrict the global medical tapes market's revenue growth. The probability of a rise in investments creates pressure on the key players and may restrain market growth. In addition, advanced and active wound care products are expected to replace medical adhesive tapes in the future due to their effectiveness and the limitations of traditional wound dressings. Therefore, it could restrain the market from further growth in the future.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Medical Adhesive Tapes Market Analysis By Type

The silicone segment is anticipated to grow at the highest CAGR due to the increased demand for low peel adhesion than acrylic and synthetic rubber tapes. However, the range of applications is limited and needs research and development to broaden their varied forms.

Global  Medical Adhesive Tapes Market Analysis By Backing Material

The paper adhesive tapes segment had the major share of the global market in 2023 and is projected to register a promising growth rate during the forecast period. However, when comparing the market size, the fabric adhesive tapes segment is estimated to occupy a substantial share of the global market as they are used on a large scale. In addition, paper adhesive tapes are more comfortable than fabric adhesive tapes; hence are more suitable for elderly patients.

Global  Medical Adhesive Tapes Market Analysis By Application

 The secure IV lines sector of applications is expected to grow at a significant CAGR during the forecast period.

REGIONAL ANALYSIS

Regionally, Asia Pacific is expected to be the fastest-growing global market in the forecast period due to its high CAGR, increasing demand from growing medical industries, and the scope of future opportunities, mainly in developing countries like Japan, India, and China. In the next few years, the Asia Pacific market is expected to develop significantly. The fast expansion in population and the significant prevalence of senior citizens in countries like India and China are two important reasons driving up demand for medical adhesive tapes in this area. In addition, the development and innovation in the medical area are also driving the growth of the medical adhesive tape market in the region. India is predicted to be the fastest-growing healthcare adhesive tapes market in APAC. Infrastructure development, changing lifestyles, and customer preferences drive significant transformation and growth in the Indian healthcare and hygiene sector. This is likely to fuel the APAC market for healthcare adhesive tapes.

North America had the largest share in the global market in 2020 and is expected to lead the market at the end of the forecast period. Because of the adoption of improved technology and the rising number of operations, North America dominates the medical adhesive tapes market. In addition, the expanding elderly population, rising preferences for medical adhesive tapes in this nation, and rising medical tourism are expected to boost the medical adhesive tapes market's growth in North America.

Europe has stable growth in the medical adhesives market and is least expected to show any significant deviations in the forecast period.

The Middle East & Africa, and Latin America regions, being in low-developing countries due to the contribution of low GDP countries, have fewer chances for industry growth. Hence, the Medical Adhesive Tapes market in these regions is slow-growing.

KEY PLAYERS IN THE GLOBAL MEDICAL ADHESIVE TAPES MARKET

By the end of 2020, 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), Advance Tapes International, CMS Group of Companies, Lohmann GmbH & Co.KG., Surface Shields, Avery Dennison Corporation (US), Tesa SE, Lintec Corporation, Henkel AG, Shurtape Corporation, Intertape Polymer Group, Scapa Group PLC, Andover Healthcare Inc., and Ad Tape & Label are the leading shareholders of the Global Medical Adhesive Tapes market.These companies currently focus on expansion strategies to satisfy the increasing demand from the medical industry, thereby improving their global market share value and ranking.

RECENT MARKET DEVELOPMENTS

• In 2018, 3M Inc. took a big step by investing in the field of long-term wearable adhesives. The company is working on a single coated medical extended-wear adhesive non-woven tape that offers Omnidirectional stretch for stronger conformability and breathability.

DETAILED SEGMENTATION OF GLOBAL MEDICAL ADHESIVE TAPES MARKET INCLUDED IN THIS REPORT

This market research report on the global medical adhesive tapes market has been segmented & sub-segmented based on the type, backing material, application, and region.

By Type

• Acrylic
• Silicone
• Rubber
• Others

By Backing Material

• Plastic
• Paper
• Fabric
• Others

By Application

• Surgeries
• Wound Dressings
• Secure IV Lines
• Splints
• Ostomy Seals
• Others

 By Region

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa