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This report offers market size & forecast data for the US medical tapes & wraps market. The revenue generated from the sale of medical tapes & wraps are included in the report. This report provides a comprehensive and current market scenario of the US medical tapes & wraps market, including the US medical tapes & wraps market size, anticipated market forecast, relevant market segmentations, and industry trends. Speak directly to the analyst to clarify any post sales queries you may have.
The study considers a detailed scenario of the present medical tapes & wraps market and its market dynamics for 2023−2028 in the US. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.
Key Highlights
- In US, the medical tapes & wraps market was valued at $2.31 billion in 2022 and is expected to reach $2.90 billion by 2028, growing at a CAGR of 3.84%.
- In North America, in 2022, the US dominated the market with more than 90.00%, which can be attributed to the increased prevalence of chronic diseases, increasing surgical procedures, increasing road accidents, and the increased adoption of surgical tapes.
- In 2022, the medical wraps/bandages segment accounted for the highest share of 74.45% and is projected to grow at the highest CAGR of 3.51% during the forecast period. The increased demand for medical bandages is due to their wide usage and the better features of this material.
- In 2022, the wound management segment accounted for the highest share of 45.83% and is projected to grow at the highest CAGR of 2.99% during the forecast period. The rise in surgical wounds increasing prevalence of chronic diseases such as cancer, diabetes, ulcers, and others are the factors that drive the market.
- In 2022, the hospitals segment accounted for the highest share of 36.23% in 2022 and is projected to grow at the highest CAGR of 3.06% during the forecast period. This domination is due to the availability of long-term care facilities, arrangement of surgeries, continuous availability of services, and addressing individual health.
- Medline Industries, Johnson & Johnson, 3M Co., Cardinal Health, and Essity AB are some leading players currently dominating the US medical tapes & wraps market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the medical tapes & wraps market and to gain access to commercially launched products.
Vendors List
1. Medline Industries2. Johnson & Johnson
3. 3M Co.,
4. Cardinal Health
5. McKesson
6. Essity AB
7. Integra LifeSciences
8. Smith & Nephew Plc
9. B. Braun Melsungen AG
10. Paul Hartmann AG
11. Nitto Denko Corp (Nitto)
12. Beiersdorf AG
13. Nichiban Co., Ltd.
14. Coloplast A/S
15. Scapa Group plc (Scapa)
16. Milliken & Co
17. Winner Medical Group, Inc.
18. Hollister Inc
19. Avcor Health Care
20. Advancis Medical
21. The ASO Group
22. Dynarex Corp
23. Jiangxi 3L Medical Products Group Co., Ltd.
24. Molnlycke Health Care
25. Seyitler Kimya Sanayi AS
26. ATL Corp
27. DeRoyal Industries, Inc.
28. Dermarite Industries LLC
29. North Coast Medical
30. Libatape Pharmaceutical Co., Ltd.
PRODUCT SEGMENTATION & FORECAST
Product
- Medical Wraps
- Medical Tapes
Application
- Wound Management
- Pain Management
- Preventive Management
- Others
End-user
- Hospitals
- Wound Care Centers
- Physician Offices
- Ambulance Surgical Centers
- Others
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of Medical Tapes & Wraps Market
- Key Vendors
- Other Prominent Vendors
APPENDIX
- Research Methodology
- Abbreviations
Table of Contents
Chapter - 1: Medical Tapes & Wraps Market Overview
Chapter - 2: Medical Tapes & Wraps Market
Chapter - 3: Medical Tapes & Wraps Market Segmentation Data
Chapter - 4: Medical Tapes & Wraps Market Prospects & Opportunities
Chapter - 5: Medical Tapes & Wraps Industry Overview
Chapter - 6: Appendix
List of Exhibits
List of Tables
Companies Mentioned
- Medline Industries
- Johnson & Johnson
- 3M Co.
- Cardinal Health
- McKesson
- Essity AB
- Integra LifeSciences
- Smith & Nephew PLC
- B. Braun Melsungen AG
- Paul Hartmann AG
- Nitto Denko Corp (Nitto)
- Beiersdorf AG
- Nichiban Co. Ltd.
- Coloplast A/S
- Scapa Group PLC (Scapa)
- Milliken & Co
- Winner Medical Group, Inc.
- Hollister Inc.
- Avcor Health Care
- Advancis Medical
- The ASO Group
- Dynarex Corp
- Jiangxi 3L Medical Products Group Co. Ltd.
- Molnlycke Health Care
- Seyitler Kimya Sanayi AS
- ATL Corp
- DeRoyal Industries, Inc.
- Dermarite Industries LLC
- North Coast Medical
- Libatape Pharmaceutical Co. Ltd.
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 2.31 Billion |
| Forecasted Market Value ( USD | $ 2.9 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | United States |
| No. of Companies Mentioned | 30 |
