Double-coated Medical Tapes Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Double-coated medical tapes are the tapes that comprises of film, foam, woven or nonwoven substrate coated on both the sides of the tape. Thus, double-coated medical tapes act as a medium to attach two surfaces due to presence of a layer of adhesive. Double-coated medical tape offers all the components like hypoallergenic, breathable, conformable and repositionable options, with a gentle or aggressive adhesive for short and long-term wear in order to provide patients with the optimum solution. Various applications of double-coated medical tapes are medical device fabrication, surgical drape construction, and many others. For medical device assembly, double-coated medical tape offers a range of adhesive strengths, thicknesses and backing materials to suit the individual bonding needs.

MARKET SCOPE

The "Global Double-coated Medical Tapes Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the double-coated medical tapes market with detailed market segmentation by material, adhesive material, application, transparency, backing thickness, and geography. The report provides key statistics on the market status of the leading double-coated medical tapes market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on material, the global double-coated medical tapes market is segmented into polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), and nonwoven fabrics.
  
•  Based on adhesive material, the market is segmented into acrylic, synthetic rubber, silicon, hydrocolloid.
  
•  On the basis of application, the market is bifurcated into medical device fabrication, bandages, prosthetics, wound care dressing, others.
  
•  On the basis of transparency, the market is bifurcated into transparent, translucent, opaque.
  
•  On the basis of backing thickness, the market is bifurcated into up to 200 micron, 200 to 500 micron, 500 to 800 micron, above 800 micron.
  

MARKET DYNAMICS

Drivers

•  Rising demand for solar power generation and shift towards electric vehicles in the emerging nations drive the double-coated medical tapes market.
  
•  Growing demand for acrylic foam based double sided tapes in the automotive industry and aviation electronics industries fuel the growth of the market.
  
•  Due to increased demand in surgery, secure dressings and bandage on wound, the markets for medical assembly boosts the consumption of double-coated medical tapes.
  

Restraints

•  Rising cost of raw material.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The double-coated medical tapes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the double-coated medical tapes market in these regions.

IMPACT OF COVID-19 ON DOUBLE-COATED MEDICAL TAPES MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The market initially registered certain level of decline in the growth because of worldwide lockdown, supply chain breaks, office shutdowns, denied wound care services, delayed or postponed elective surgeries and increasing injury cases. Although, due to slackening demand for products from the industry, it is expected that the market may witness significant growth after upliftment of restrictive measures across the world.

MARKET PLAYERS

The report covers key developments in the double-coated medical tapes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from double-coated medical tapes market are anticipated to have lucrative growth opportunities in the future with the rising demand for double-coated medical tapes in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the double-coated medical tapes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  3M Company
  
•  Berry Global Inc.
  
•  Avery Dennison Corporation
  
•  Tesa SE
  
•  Nitto Denko Corporation
  
•  Mactac Europe
  
•  Scapa Group Plc
  
•  NADCO Tapes & Labels Inc.
  
•  Lintec Corporation
  
•  Medco Lab Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Double-coated Medical Tapes Report Scope