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Medical Tapes and Medical Bandages Market Worth 7.39 Billion USD by 2022


News provided by

MarketsandMarkets

25 Jul, 2017, 14:30 GMT

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PUNE, India, July 25, 2017 /PRNewswire/ --

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According to a new market research report "Medical Tapes and Medical Bandages Market by Product (Tapes (Fabric, Paper, Plastic), Bandage (Gauze, Adhesive, Cohesive & Elastic)), Application (Surgery, Trauma & Laceration, Ulcer, Sport, Burns), End User (Hospitals, ASCS, Clinics, Homecare) - Forecast to 2022", published by MarketsandMarkets™, this report studies the Global Medical Tapes and Medical Bandages Market over the forecast period of 2017 to 2022. This market is projected to reach USD 7.39 Billion by 2022 from USD 6.13 Billion in 2017, at a CAGR of 3.8%. Factors such as rising number of surgeries, increasing incidence of chronic wounds, and rising geriatric population are driving the growth of the market.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 118 Market Data Tables and 33 Figures spread through 163 Pages and in-depth TOC on
"Medical Tapes and Medical Bandages Market"

http://www.marketsandmarkets.com/Market-Reports/medical-tape-and-bandage-market-108350122.html

Early buyers will receive 10% customization on this report 

The medical bandages segment is expected to witness the highest growth during the forecast period 

By product type, the market is categorized into medical tapes and bandages. In 2017, the medical bandages segment is expected to account for the largest share. And it is also expected to continue dominating the market during the forecast period. This can be attributed to the rising geriatric population and the high number of surgical procedures. People who have diabetes are more susceptible to chronic wounds that require continuous care, which also drives the growth of medical bandages market.

The surgical treatment segment is expected to dominate the market in 2017 

By application, the market is segmented into surgical treatment; traumatic and laceration injury treatment; sport and burn injury treatment; ulcer treatment; and treatment of other injuries and wounds. In 2017, the surgical treatment segment is expected to account for the largest share of the market, majorly due to the high number of surgical procedures being performed worldwide.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=108350122

Based on end users, the hospitals segment is estimated hold the largest share of the market in 2017 

Based on end users, the market is categorized into hospitals, clinics, ambulatory surgical centers and homecare setting. The hospitals segment accounted for the major share of the market in 2016, owing to a large number of surgical procedure being performed in hospitals apart from a high number of chronic wound treatments. This trend is expected to continue in 2017 as well.

Asia-Pacific is expected to dominate the Medical Tapes and Medical Bandages Market in 2017 

Geographically, the Medical Tapes and Medical Bandages Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific accounted for the largest share of the market in 2017, followed by North America. The market in Asia-Pacific is primarily driven by the availability of huge population base which is aging, and affected with diabetes and other conditions requiring surgical intervention to treat.

Talk To Our Research Analysts: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=108350122

By end user, the pharmaceutical and biotechnology companies segment is expected to hold the largest share of the market in 2017 

The major players in the Medical Tapes and Medical Bandages Market include 3M Company (U.S.), Medtronic plc (Ireland), Johnson & Johnson Consumer Inc. (U.S.), Medline Industries, Inc. (U.S.), BSN Medical (Germany), Cardinal Health, Inc. (U.S.), Beiersdorf (Germany), Nitto Denko Corporation (Japan) Nichiban Co., Ltd. (Japan), Lohmann & Rauscher (Germany), Derma Sciences Inc. (U.S.), Smith & Nephew (U.K.), B Braun Melsungen AG (Germany), PAUL HARTMANN AG (Germany), Mölnlycke Health Care (Sweden), Andover Healthcare Inc. (U.S.), Dukal Corporation (U.S.), Dynarex Corporation (U.S.), AVCOR Health Care Products, Inc (U.S.), Tetra Medical Supply Corporation (U. S.), Kerma Medical Products Inc. (U.S.), and DermaRite Industries, LLC. (U.S.).

Browse Related Reports 

Wound Dressings Market by Type (Advanced Wound Dressings, Traditional Wound Dressings), Application (Surgical Wounds, Ulcers, Burns), End User (Inpatient Facilities, Outpatient Facilities) - Global Forecast to 2021.

http://www.marketsandmarkets.com/Market-Reports/wound-dressings-market-123903496.html

Wound Care Market by Product (Advanced (Foam, Alginate, NPWT, Active), Surgical, Traditional), Wound Type (Chronic (DFU, Pressure Ulcer), Acute (Burn)), End User (Hospital (Inpatient, Outpatient), Long-Term Care, Home Healthcare) - Global Forecast to 2021.

http://www.marketsandmarkets.com/Market-Reports/wound-care-market-371.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Contact:
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MarketsandMarkets™
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Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog@ http://mnmblog.org/market-research/healthcare/medical-devices

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