Medical Tapes and Bandages Market

Executive Summary

Medical Tapes and Bandages Market was valued at US $7.40 billion in 2021 and is projected to grow at 4.18% CAGR over the forecast period to reach US $9.46 billion by 2027. Medical Tapes and Bandages Market represented US $0.58 billion opportunity over 2019-2021 and estimated to create US $2.06 billion opportunity in 2027 over 2021.

Medical Tapes and Bandages from Consainsights analyses the Medical Tapes and Bandages Market in the Life Sciences industry over the forecast period to 2027.

Medical Tapes and Bandages research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Medical Tapes and Bandages segmentation includes Product, Application, End-user, Region and Geography.

Based on the Product, the Medical Tapes and Bandages analysis covers Bandages, Medical Tapes.

In Product segment, Bandages segment has highest cagr growth of 3.71%.

Based on the Application, the Medical Tapes and Bandages analysis covers Surgical Wound Treatment, Traumatic Wound Treatment, Ulcer Treatment, Sports Injury Treatment, Burn Injury Treatment, Other Applications.

In Application segment, Surgical Wound Treatment segment has highest cagr growth of 3.71%.

Based on the End-user, the Medical Tapes and Bandages analysis covers Hospitals, Ambulatory Surgery Centers, Clinics, Home Care Settings, Other End-users.

In End-user segment, Hospitals segment has highest cagr growth of 3.71%.

Based on the Region, the Medical Tapes and Bandages analysis covers North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.

In Region segment, North America segment has highest cagr growth of 3.71%.

Based on the region, the Medical Tapes and Bandages analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Key Players, Other Companies and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Product

Introduction

In 2021, Bandages segment has the highest revenue of US $5.93 billion and is expected to grow at CAGR of 3.71% by 2027 Bandages segment has highest cagr growth of 3.71%.

Bandages

Bandages segment was valued at US $5.46 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $7.58 billion by 2027. Bandages segment represented US $0.47 billion opportunity over 2019-2021 and estimated to create US $1.65 billion opportunity in 2027 over 2021.

Medical Tapes

Medical Tapes segment was valued at US $1.35 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $1.88 billion by 2027. Medical Tapes segment represented US $0.12 billion opportunity over 2019-2021 and estimated to create US $0.41 billion opportunity in 2027 over 2021.

Application

Introduction

In 2021, Surgical Wound Treatment segment has the highest revenue of US $2.89 billion and is expected to grow at CAGR of 3.71% by 2027 Surgical Wound Treatment segment has highest cagr growth of 3.71%.

Surgical Wound Treatment

Surgical Wound Treatment segment was valued at US $2.66 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $3.69 billion by 2027. Surgical Wound Treatment segment represented US $0.23 billion opportunity over 2019-2021 and estimated to create US $0.80 billion opportunity in 2027 over 2021.

Traumatic Wound Treatment

Traumatic Wound Treatment segment was valued at US $1.85 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $2.57 billion by 2027. Traumatic Wound Treatment segment represented US $0.16 billion opportunity over 2019-2021 and estimated to create US $0.56 billion opportunity in 2027 over 2021.

Ulcer Treatment

Ulcer Treatment segment was valued at US $0.97 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $1.35 billion by 2027. Ulcer Treatment segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $0.29 billion opportunity in 2027 over 2021.

Sports Injury Treatment

Sports Injury Treatment segment was valued at US $0.71 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $0.99 billion by 2027. Sports Injury Treatment segment represented US $0.06 billion opportunity over 2019-2021 and estimated to create US $0.22 billion opportunity in 2027 over 2021.

Burn Injury Treatment

Burn Injury Treatment segment was valued at US $0.48 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $0.67 billion by 2027. Burn Injury Treatment segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.15 billion opportunity in 2027 over 2021.

Other Applications

Other Applications segment was valued at US $0.14 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $0.20 billion by 2027. Other Applications segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.04 billion opportunity in 2027 over 2021.

End-user

Introduction

In 2021, Hospitals segment has the highest revenue of US $2.70 billion and is expected to grow at CAGR of 3.71% by 2027 Hospitals segment has highest cagr growth of 3.71%.

Hospitals

Hospitals segment was valued at US $2.48 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $3.45 billion by 2027. Hospitals segment represented US $0.21 billion opportunity over 2019-2021 and estimated to create US $0.75 billion opportunity in 2027 over 2021.

Ambulatory Surgery Centers

Ambulatory Surgery Centers segment was valued at US $1.79 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $2.49 billion by 2027. Ambulatory Surgery Centers segment represented US $0.15 billion opportunity over 2019-2021 and estimated to create US $0.54 billion opportunity in 2027 over 2021.

Clinics

Clinics segment was valued at US $1.03 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $1.43 billion by 2027. Clinics segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.31 billion opportunity in 2027 over 2021.

Home Care Settings

Home Care Settings segment was valued at US $0.96 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $1.33 billion by 2027. Home Care Settings segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $0.29 billion opportunity in 2027 over 2021.

Other End-users

Other End-users segment was valued at US $0.55 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $0.77 billion by 2027. Other End-users segment represented US $0.05 billion opportunity over 2019-2021 and estimated to create US $0.17 billion opportunity in 2027 over 2021.

Region

Introduction

In 2021, North America segment has the highest revenue of US $2.83 billion and is expected to grow at CAGR of 3.71% by 2027 North America segment has highest cagr growth of 3.71%.

North America

North America segment was valued at US $2.60 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $3.62 billion by 2027. North America segment represented US $0.22 billion opportunity over 2019-2021 and estimated to create US $0.79 billion opportunity in 2027 over 2021.

Europe

Europe segment was valued at US $2.00 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $2.78 billion by 2027. Europe segment represented US $0.17 billion opportunity over 2019-2021 and estimated to create US $0.61 billion opportunity in 2027 over 2021.

Asia-Pacific

Asia-Pacific segment was valued at US $1.36 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $1.89 billion by 2027. Asia-Pacific segment represented US $0.12 billion opportunity over 2019-2021 and estimated to create US $0.41 billion opportunity in 2027 over 2021.

Latin America

Latin America segment was valued at US $0.35 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $0.49 billion by 2027. Latin America segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.11 billion opportunity in 2027 over 2021.

Middle East & Africa

Middle East & Africa segment was valued at US $0.49 billion in 2019 and is projected to grow at 3.71% CAGR over the forecast period to reach US $0.68 billion by 2027. Middle East & Africa segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.15 billion opportunity in 2027 over 2021.