November 01, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Global Medical Tapes and Bandages Market: Analysis By Product Type (Medical Bandages, Medical Tapes), By Application (Surgery, Trauma & Laceration, Ulcer, Sports Injury, Burn Injury and Others), By End User (Hospitals, Clinics, Ambulatory Surgery Centers, Others), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)’, the worldwide medical tapes and bandages market is expected to exhibit 3.81% CAGR through 2024.
Rising concern regarding patient safety is resulting in the use of improved products enhancing the wound healing process. Furthermore, growing prevalence of chronic diseases directly related to chronic wounds like diabetes mellitus and cardiovascular diseases will propel the market growth. However, lack of proper guidelines on the usage of medical tapes and bandages is hindering the growth of the market.
Medical tapes and bandages market is primarily driven by factors such as growing prevalence of chronic diseases, increasing aged population, rising healthcare expenditure. Hence, the use of medical tapes is growing that can help in decreasing the incidence of infections.
This research study provides a comprehensive insight about segmental growth, trends, drivers, challenges, opportunities impacting the market growth.
The global medical tapes and bandages market is examined on the basis of product type, application spectrum, end-user and regional landscape. Based on the product type, the market is segmented as medical bandages and medical tapes. While speaking of the application spectrum, the market is fragmented as surgery, sports injury, ulcer, burn injury, trauma & laceration and others.
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Considering the end-user spectrum, the market is segmented as ambulatory surgery centres, clinics, hospitals, and others. While based on the regional landscape, the market is divided into four main regions which include Asia Pacific, Europe, North America and rest of the world.
The prominent companies operating in medical tapes and bandages market include Kerma Medical Products, Avcor Healthcare Products Inc., Dynarex Corporation, Cardinal Health Inc., Andover Healthcare Inc., Derma Sciences Inc., Johnson & Johnson Consumer Inc., Dukal Corporation, and Medline Industries inc.