Medical Adhesives Tape Market Size

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.