Surgical Tapes Market to Surpass US$ 10.7 Bn in Value by 2032 – Travel Adventure Cinema

2022-07-22 21:42:15 By : Mr. Harry Davies

Specialty surgical product manufacturer and surgical instrumentation companies have unveiled different types of surgical tapes to meet the patient’s needs in surgeries and wound dressings. Surgical tape manufacturers have tapped into substantial revenue streams from the growing uptake of fiber-based surgical tapes. The revenues of the global surgical tapes market to exceed worth of US$ 10.7 Bn by 2032.

Rise in number of surgeries has boosted the share of surgical tapes in medical tapes and bandages market. A recent healthcare adhesive tapes market analysis found that the use of surgical tapes for managing wounds for diabetic patients has grown, bolstering the revenue streams. High global prevalence of diabetic foot ulceration will catalyze profitable opportunities for companies in the near future.

Growing demand for surgical tapes in wound dressing, securements, and splints has boosted the size of the surgical tapes market. Focus on patient comfort and advancements in materials will open up new revenue streams for surgical tape manufacturers. They are also focusing on product pricing aspects to penetrate emerging, cost-sensitive markets. The demand is expected to rise across the spectrum, including clinics, hospitals, and homes.

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Key Findings of Surgical Tapes Market Study

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Surgical Tapes Market: Key Drivers

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Surgical Tapes Market: Regional Growth Dynamics

The authors of the TMR study have found that Asia Pacific is a highly lucrative market in the global surgical tapes market. Rise in demand for products in surgeries and wound management in hospitals and clinics has spurred the revenue streams. China and India in particular present massive avenue for growth. The Asia Pacific market is forecast to witness an incremental opportunity of US$ 4.9 Bn by the end of 2032.

Rapidly aging population in Europe is expected to underpin vast lucrative opportunities. Germany has generated substantial demand for surgical tapes, thus enriching the Europe surgical tapes market.

Surgical Tapes Market: Key Players

Some of the key players in the surgical tapes market are Advin Health Care, Cardinal Health, Inc., MBK Tape Solutions, Parafix Tapes & Conversions Ltd, DermaRite Industries, L.L.C., Seyitler Kimya, Jiangsu Nanfang Medical Co., Ltd, Berry Global Inc., Medline Industries, Inc., Paul Hartmann AG, Nitto Denko Corporation, Avery Dennison Corporation, and 3M Company.

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