Market Research Logo

Global Medical Tapes and Bandages Market 2019-2023

Global Medical Tapes and Bandages Market 2019-2023

Global Medical tapes and bandages Market: About this market

Medical tapes and bandages are pressure-sensitive adhesive products for wound care management. Technavio’s medical tapes and bandages market analysis considers sales from hospitals, ambulatory care centers, clinics, and home care segments. Our analysis also considers the sales of medical tapes and bandages in APAC, Europe, MEA, North America, and South America. In 2018, the hospitals segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the increasing hospitalization rates and development of pressure ulcer will significantly help the segment in maintaining its leading market position. Also, our global medical tapes and bandages report has observed market growth factors such as the rising number of surgical procedures worldwide, increasing incidence of sports injuries and chronic wounds, and growing demand from urgent care and trauma facilities. However, development of advanced wound care alternatives, strict regulatory compliances for wound care products, and high cost associated with advanced wound care products may hamper the growth of the medical tapes and bandages industry over the forecast period.

Global Medical Tapes and Bandages Market: Overview

Growing demand from urgent care and trauma care facilities

Urgent care and trauma care centers are the primary end-users of medical tapes and bandages. The increasing number of urgent care and walk-in facilities across the world will augment the sales of medical tapes and bandages. As a result, the growing demand from urgent care and trauma care facilities will lead to the expansion of the market at a CAGR of almost 4% during the forecast period.

Development of nanomaterial-based wound therapy products and smart bandages

Vendors are innovating wound therapy products to improve sales. For instance, with the advent of nanotechnology, vendors are coming up with nanotechnology-based therapies for wound care. These therapies are loaded with wound-healing drugs, improving the efficacy of treatment. As a result, the demand for these products are rising and vendors are recording increased sales. Therefore, this trend will have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global medical tapes and bandages market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global medical tapes and bandages market is concentrated. Technavio’s robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading Medical tapes and bandages manufacturers, which include 3M Co., Cardinal Health Inc., Johnson & Johnson Services Inc., Medtronic Plc, and Smith & Nephew Plc.

Also, the medical tapes and bandages market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY END-USER
Market segmentation by end-user
Comparison by end-user
Hospitals - Market size and forecast 2018-2023
Ambulatory care centers - Market size and forecast 2018-2023
Clinics - Market size and forecast 2018-2023
Home care - Market size and forecast 2018-2023
Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
Asia - Market size and forecast 2018-2023
ROW - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Increasing participation in adventurous and recreational activities
Development of nanomaterial-based wound therapy products and smart bandages
Significant demand from the geriatric population
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
3M Co.
Cardinal Health Inc.
Johnson & Johnson Services Inc.
Medtronic Plc
Smith & Nephew Plc
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Exhibit 01: Product overview
Exhibit 02: Global healthcare market
Exhibit 03: Segments of global healthcare market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: End-user - Market share 2018-2023 (%)
Exhibit 19: Comparison by end-user
Exhibit 20: Hospitals - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Hospitals - Year-over-year growth 2019-2023 (%)
Exhibit 22: Ambulatory care centers - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Ambulatory care centers - Year-over-year growth 2019-2023 (%)
Exhibit 24: Clinics - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Clinics - Year-over-year growth 2019-2023 (%)
Exhibit 26: Home care - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Home care - Year-over-year growth 2019-2023 (%)
Exhibit 28: Market opportunity by end-user
Exhibit 29: Customer landscape
Exhibit 30: Market share by geography 2018-2023 (%)
Exhibit 31: Geographic comparison
Exhibit 32: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: North America - Year-over-year growth 2019-2023 (%)
Exhibit 34: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 36: Asia - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: Asia - Year-over-year growth 2019-2023 (%)
Exhibit 38: ROW - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: ROW - Year-over-year growth 2019-2023 (%)
Exhibit 40: Key leading countries
Exhibit 41: Market opportunity
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: M Co. - Vendor overview
Exhibit 49: M Co. - Business segments
Exhibit 50: M Co. - Organizational developments
Exhibit 51: M Co. - Geographic focus
Exhibit 52: M Co. - Segment focus
Exhibit 53: M Co. - Key offerings
Exhibit 54: Cardinal Health Inc. - Vendor overview
Exhibit 55: Cardinal Health Inc. - Business segments
Exhibit 56: Cardinal Health Inc. - Organizational developments
Exhibit 57: Cardinal Health Inc. - Geographic focus
Exhibit 58: Cardinal Health Inc. - Segment focus
Exhibit 59: Cardinal Health Inc. - Key offerings
Exhibit 60: Johnson & Johnson Services Inc. - Vendor overview
Exhibit 61: Johnson & Johnson Services Inc. - Business segments
Exhibit 62: Johnson & Johnson Services Inc. - Organizational developments
Exhibit 63: Johnson & Johnson Services Inc. - Geographic focus
Exhibit 64: Johnson & Johnson Services Inc. - Segment focus
Exhibit 65: Johnson & Johnson Services Inc. - Key offerings
Exhibit 66: Medtronic Plc - Vendor overview
Exhibit 67: Medtronic Plc - Business segments
Exhibit 68: Medtronic Plc - Organizational developments
Exhibit 69: Medtronic Plc - Geographic focus
Exhibit 70: Medtronic Plc - Segment focus
Exhibit 71: Medtronic Plc - Key offerings
Exhibit 72: Smith & Nephew Plc - Vendor overview
Exhibit 73: Smith & Nephew Plc - Business segments
Exhibit 74: Smith & Nephew Plc - Organizational developments
Exhibit 75: Smith & Nephew Plc - Geographic focus
Exhibit 76: Smith & Nephew Plc - Segment focus
Exhibit 77: Smith & Nephew Plc - Key offerings
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: Definition of market positioning of vendors

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report