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Medical Adhesive Tapes Market by Type (Acrylic, Silicone, Rubber)-Global Forecast to 2022

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Robin White
Medical Adhesive Tapes Market by Type (Acrylic, Silicone, Rubber)-Global Forecast to 2022

The medical adhesive tapes 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.

Among resin type, the silicone medical adhesive tape segment in the medical adhesive tapes market is expected to grow at the highest CAGR 

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.

The medical adhesive tapes market is segmented based on application into surgeries, wound dressings, secure IV lines, splints, ostomy seals, and others. The secure IV lines segment is expected to grow at the highest CAGR during the forecast period, 2017 to 2022. Recent advancements in medical technology are propelling the growth of the market and creating opportunities for manufacturers for the development of new products for emerging applications.

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Key Target Audience:

  • Medical Adhesive Tape Manufacturers
  • Raw Material Suppliers
  • Traders, Distributors, and Suppliers of Medical Adhesive Tapes
  • Regional Manufacturers’ Associations and General Medical Adhesive Tape Associations
  • Government and Regional Agencies and Research Organizations
  • Traders, Distributors, and Suppliers of Technology, Chemicals, or Components

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.

 

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