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Medical Adhesive Tapes Market Share

Report ID: GMI6925
Published Date: Oct 2023
Report Format: PDF

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Medical Adhesive Tapes Market Share

The medical adhesive tapes industry is consolidated in nature, with major companies competing to offer superior medical adhesive tapes in this business space. Prominent players such as Smith & Nephew hold a significant share in this market. These companies are diligently directing their efforts towards continuous product innovation to gain substantial market share. For instance, 3M introduced the 3M Spunlace Extended Wear Adhesive Tape on Liner (4576), tailored for long-lasting skin attachment needs, offering an impressive 21-day wear time and marking a significant advancement in device innovation.

Some of the eminent market participants operating in the medical adhesive tapes industry include:

Smith & Nephew
McKesson Corporation
3M
Medline Industries, LP
Paul Hartmann AG
MPM Medical, Inc.
Cardinal Health
Dermarite Industries
Baxter International
Medtronic
Johnson & Johnson
Nichiban
Nitto Denko Corporation
Lohmann GmbH & Co. KG

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for medical adhesive tapes was valued at USD 7 billion in 2022 and is estimated to account for USD 12 billion by 2032 owing to the increasing road accidents and traumatic incidents.

The surgery segment dominated the medical adhesive tapes market with over 39% revenue share in 2022 and is anticipated to witness growth, primarily fuelled by the escalating number of surgical procedures globally.

U.S. market for medical adhesive tapes accounted for USD 2.7 billion in 2022 and is predicted to witness substantial market growth favored by a vast network of healthcare facilities and a technologically advanced healthcare infrastructure.

Smith & Nephew, McKesson Corporation, 3M, Medline Industries, LP, Paul Hartmann AG, MPM Medical, Inc., Cardinal Health, Dermarite Industries, and Baxter International among others.