Medical Tapes and Bandages Market - By Product (Medical Tapes, Medical Bandages), Application (Surgical Wound, Burn Injury, Sports Injury, Traumatic Wound), End-use (Hospital, Clinics, Home Care Settings) – Global Forecast, 2023- 2032

Medical Tapes and Bandages Market Size

Medical Tapes and Bandages Market size was valued at USD 9.1 billion in 2022 and is estimated to account for USD 13.6 billion by 2032. Medical tapes and bandages are essential products used in the healthcare industry for various purposes, primarily related to wound care, injury management, and patient comfort. Sports injuries, accidents, and traumatic wounds directly affect the demand for medical tapes and bandages.
 

According to the U.S. National Safety Council (NSC), in 2022, around 3.6 million people were treated in emergency departments for injuries related to sports and recreational equipment reflecting upon the product demand.
 

The demand for medical tapes and bandages is not static; it changes with healthcare needs and societal dynamics. One significant driver for this demand is the rise in accidents and traumatic wounds. These products serve a crucial role in providing immediate first aid, controlling bleeding, stabilizing injuries, and promoting the healing process. It is essential for healthcare providers, manufacturers, and policymakers to collaborate to ensure a constant supply of high-quality medical tapes and bandages to meet the healthcare needs generated by this alarming trend.
 

COVID-19 Impact

The demand for medical tapes and bandages increased during the COVID-19 pandemic. This increased demand was primarily driven by several factors, including the need for wound care for COVID-19 patients, the surge in hospital admissions, the use of personal protective equipment (PPE) requiring secure adhesives, and the heightened emphasis on hygiene and home care. The pandemic led to a greater focus on healthcare and safety, which contributed to the rise in demand for these emergency medical supplies.  

Medical Tapes and Bandages Market Trends

As surgical procedures become more advanced and accessible, the demand for medical tapes and bandages has experienced a parallel surge. With the advent of minimally invasive procedures, an aging population base, and increased accessibility to surgery, the demand for medical tapes and bandages has soared. These essential products serve critical functions in wound closure, infection control, and post-operative care.
 

• The development of minimally invasive procedures, such as laparoscopy and endoscopy, which was worth USD 36.9 million in 2022, has made surgery less invasive and reduced recovery times. These procedures often require specialized tapes and dressings for wound closure and post-operative care.
   
• Surgical interventions are not limited to planned surgeries. Emergency surgeries, such as trauma or cardiac interventions, also necessitate quick access to medical tapes and bandages for wound care and stabilization.
   

Medical Tapes and Bandages Market Analysis

The market by type is categorized into medical tapes and medical bandages. The medical bandages segment garnered USD 5.3 billion revenue size in the year 2022. This segment is further bifurcated into muslin bandages, elastic bandages, orthopedic bandages, adhesive bandages, hemostatic bandages, other bandages. Chronic wounds, such as venous leg ulcers, diabetic foot ulcers and pressure ulcers, represent a significant healthcare challenge in the modern world and require a specialized and holistic approach for wound management.  
 

• Chronic wounds often suffer from excessive exudate (fluid discharge), which can impede the healing process. Advanced bandages incorporate moisture management technology, maintaining an optimal moisture balance in the wound bed, which is vital for healing.
   
• Specialized bandages can be used in conjunction with negative pressure wound therapy (NPWT) systems, which create a controlled negative pressure environment around the wound, promoting the removal of excess fluid and accelerating tissue progress.
   

Based on application, the medical tapes and bandages market is segmented into surgical wound, burn injury, sports injury, traumatic wound, and others. The surgical wound segment dominated the market and accounted for over 36% market share in the year 2022. High segment growth is attributed to increasing number of surgeries.
 

• According to the U.S. National Highway Traffic Safety Administration (NHTSA), there were around 5.4 million medically consulted injuries in motor-vehicle incidents in 2021.
   
• Advances in medical technology and increased awareness about chronic diseases have led to earlier diagnosis and intervention. This, in turn, may necessitate surgical procedures to address the conditions before they progress to more advanced stages.
   

The medical tapes and bandages market by end-use is categorized into hospitals, clinics, home care settings, and others. Hospitals segment garnered USD 4.8 billion revenue size in the year 2022.
 

• Hospitals are hubs for surgical procedures, which often require the use of medical tapes and bandages for wound closure, dressing, and post-operative care. As the number and complexity of surgeries grow, so does the demand for these products.
   
• The integration of advanced wound care technologies, such as smart bandages and hemostasis products into hospital practices has driven the demand for innovative products in healthcare settings.
   

U.S. medical tapes and bandages market accounted for USD 1.5 billion revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline.
 

• The market is anticipated to witness substantial regional growth opportunities due to the sizable patient population base and the increasing demand for cost-effective, technologically advanced healthcare solutions.
   
• Furthermore, presence of large healthcare infrastructure along with availability of numerous players offering a wide range of products contribute to the market expansion.
   

Medical Tapes and Bandages Market Share

The medical tapes and bandages industry is consolidated, with major players such as 3M Company, Smith & Nephew, and others dominating the market. These companies are focused on continuous product innovation to secure a significant market share. For instance, in 2022, 3M unveiled a new adhesive tape designed for securing medical devices to a patient's skin over extended periods, with a usage duration of up to 21 days. This product, known as 3M Medical Tape 4576, is known for its flexibility, conformability, and strong adhesion to the skin. The introduction of such products can indeed be advantageous for the company, offering opportunities to expand its market share.

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

• 3M Company
• Johnson & Johnson
• Smith & Nephew
• Hartmann Group
• Covidien (Medtronic)
• Mölnlycke Health Care
• Paul Hartmann AG
• Nitto Denko Corporation
• Integra LifeSciences
• B. Braun Melsungen AG
• BSN medical (Essity)
• Ansell
• Dynarex Corporation
• Winner Medical Group
• Cardinal Health

Medical Tapes and Bandages Industry News:

• In January 2023, H.B. Fuller, launched Swift Melt 1515-I, marking its entry into India, the Middle East, and Africa region, with a biocompatible product. This novel product is tailored for medical tape applications, effectively tackling the unique challenges of adhering to the skin in challenging environmental conditions, particularly with hot and humid climate. This strategic move was anticipated to generate favorable outcomes for the company.
   
• In June 2022, 3M initiated a transaction to transfer its ownership of the Neoplast and Neobun brands, along with associated assets, in Thailand and specific Southeast Asian nations, including the manufacturing facilities located in Ladlumkaew, Thailand, to Selic Corp Public Company Limited (Selic). The Neoplast and Neobun product portfolios encompass a range of items, such as sports and medical tapes, medicated products, and bandages designed for both consumer and healthcare applications.
   

Medical tapes and bandages market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:

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By Product, 2018-2032 (USD Million)

• Medical tapes
• Fabric tapes
• Paper tapes
• Plastic tapes
• Other tape 
• Medical bandages    
• Muslin bandages
• Elastic bandages
• Orthopedic bandages
• Adhesive bandages
• Hemostatic bandages
• Other bandages

By Application, 2018-2032 (USD Million)

• Surgical wound
• Burn injury
• Sports injury
• Traumatic wound
• Other applications

By End-use, 2018-2032 (USD Million)

• Hospitals
• Clinics
• Home care settings
• Other end-users

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East & Africa