Medical Tapes and Bandages Market Comprehensive Review of its Applications Growth Opportunities, Demand and Future Prospects


Medical Tapes are used as a medicine and first aid to hold a bandage or other dressing onto a wound. These tapes are designed to hold firmly to skin, dressing materials, and underlying layers of the skin (due to the presence of adhesive), without damaging the skin, and allow air to pass through them and reach the skin. Some breathable tapes such as Kinesiology Tape, and other elastic bandages with adhesives, are made of cotton. Surgical tape is often white because it contains zinc oxide, which is added to prevent infections. The global medical tapes and medical bandages market, is expected to grow in the forecast period due to increasing number of surgeries and growth in aging population. Medical bandages are generally used to support a medical device such as dressing or splint or to restrict the movement of any part of the body. Some of the other medical tapes used include micropore paper tape, trans-pore polyethylene tape and zinc oxide tape.


Based on application, the medical tapes and bandages market is segmented into surgical wound treatment, traumatic wound treatment, ulcer treatment, sports injury treatment, burn injury treatment, and treatment of other injury and wounds. The ulcer treatment segment is expected to grow at the fastest rate during the forecast period, due to the rising number of patients with ulcers, which is an after effect of growing diabetic population.

Based on end user the market is segmented into hospitals, ambulatory surgery centers, clinics and home care settings. Hospitals accounted for the major share of the medical tapes and bandages market, in 2016, due to a large number of surgical procedures performed.


In January 2017, Integra Lifesciences Holdings Corporation, acquired Derma Sciences, Inc. at a price of $7.00 per share of Derma Sciences common stock in cash. The acquisition was aimed at increasing the product portfolio of wound care products, including an amniotic product with reimbursement in the wound care channel, allowing the company to further drive scale in the advanced wound care market.

In November 2016, Medline Industries, Inc., a manufacturer and distributor of medical supplies and clinical solutions, announced a collaboration with Talar Capital Partners (TCP), a podiatry-specific Group Purchasing Organization (GPO). After this collaboration, Medline Industries, Inc. aimed to deliver competitive cost savings and double digit guaranteed savings to members on a variety of items, including wound care, instrumentation and specialty items.

Some of the other key players operating in the medical tapes and bandages market are Beiersdorf AG, Covidien PLC (Medtronic PLC), Johnson & Johnson, Smith & Nephew PLC, Medline Industries, Inc., B. Braun Melsungen AG, Cardinal Health, Inc., Nitto Denko Corporation, BSN Medical GmbH (A Part of Svenska Cellulosa Aktiebolaget (SCA)) and Derma Sciences, Inc. (Integra Lifesciences Holdings Corporation).

Comments

Popular posts from this blog

Hospital Bed Market by Type, Treatment, Geography – Market Size, Growth and Demand

How the Patient Handling Equipment Market Has Witnessed Substantial Growth in Coming Years?

Facial Skin Ablative Treatment Market To Reach $8,394.3 Million by 2030