Global Medical Adhesives Tape Market size was over USD 9.25 Billion in 2023 and is set to reach USD 19.6 Billion by the end of 2036, witnessing around 6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of medical adhesives tape is assessed at USD 9.8 Billion. The rising number of surgical procedures is primarily driving the medical adhesives tape market growth. On an annual basis, about 300 million surgical procedures are conducted worldwide, including for inpatients and outpatients. Medical adhesive tapes are used to close the surgical incision, lacerations, and other wounds. Moreover, these adhesions are particularly used in sensitive areas, where traditional closure methods may deteriorate the condition.
There is a growing emphasis on cost-effective healthcare solutions in the world. Medical adhesive tapes can offer economic advantages by reducing operative time, minimizing the need for additional resources such as sutures or staples, and potentially shortening hospital stays. This cost-saving aspect has contributed to the medical adhesives tape market growth. Furthermore, cases of road accidents result in severe wounds, which would increase the need for surgery and potentially drive the demand for medical adhesive tapes.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
6% |
Base Year Market Size (2023) |
USD 9.25 Billion |
Forecast Year Market Size (2036) |
USD 19.6 Billion |
Regional Scope |
|
Backing Material (Paper, Plastic, Fabric)
The fabric segment is estimated to gain the largest market share of about 40% in the year 2036. The growth of the segment is due to the higher flexibility and elasticity of the fabric backing material. Moreover, fabric material has greater strength than paper and plastic, which makes it the most durable material. Moreover, their durability makes them efficient for various applications, such as healing fractures, ligament tears, and other intricate surgeries. Additionally, fabric backing can easily be labeled with pens by doctors or surgeons.
Application (Wound Dressings, Surgeries, Splints, Ostomy Seals)
The medical adhesives tape market from surgeries segment is expected to garner a significant share of around 35% in the year 2036. With the rising integration of medical robotics and laparoscopy is increasing the demand for medical adhesive tapes. Every year, around 14 million laparoscopic operations are performed worldwide. In surgery, Medical Adhesive Tapes are designed to secure both surfaces of tissues together and aid in wound healing until rejuvenated tissue has enough strength to function properly.
Our in-depth analysis of the market includes the following segments:
Type |
|
Backing Material |
|
Adhesion |
|
Application |
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North American Market Statistics
The medical adhesives tape market share in North America, is set to be the largest with a share of about 37% by the end of 2036. The growth of the medical adhesives tape market is due to rising cases of surgical procedures and road accidents. In 2021, around 2 million surgical procedures were performed in the United States. Moreover, a total of 35,766 fatal car accidents occurred on US highways in 2020. In road accidents, individuals may sustain lacerations, abrasions, or deep cuts. Medical Adhesive Tapes can be used to close these wounds, providing immediate wound closure and preventing further contamination.
APAC Market Analysis
The Asia Pacific medical adhesives tape market is estimated to be the second largest, registering a share of about 25% by the end of 2036. Moreover, the market in the Asia Pacific region is projected to grow by approximately 6 percent till 2036. The region has a large aging population, leading to a higher prevalence of age-related health conditions and chronic diseases. Surgical interventions are often required to address these conditions resulting in a greater need for medical adhesive tapes to support tissue repair, hernia fixation, wound closure, and others. Moreover, increasing disposable income in the region is increasing the focus on patient satisfaction. These trends are expected to increase the demand for high-quality medical care, including medical adhesive tapes in the region.
Author Credits: Radhika Pawar
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