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

MARKET OVERVIEW

Medical transfer tapes are known to be pressure sensitive tapes that have medical grade adhesives in them. They are widely used in the healthcare, medical and electronics industries. These tapes are useful in thin film dressings, antimicrobial dressings, surgical patches and wound closure products, among others applications. Medical transfer tapes are utilized to prevent injuries during various sporting events. They secure IV tubes and other products used in different healthcare conditions. Transfer tapes are a rigid and made of durable material that makes it easier for converters to produce accurate finished parts with tight tolerance standards and utilized in surgical drape construction and medical device assembly. They are available in custom shapes and dimensions as required during the medical procedure.

MARKET SCOPE

The

"Global Medical Transfer 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 medical transfer tapes market with detailed market segmentation by product type, application, distribution channel, and geography. The report provides key statistics on the market status of the leading medical transfer tapes market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on product type, the global medical transfer tapes market is segmented into silicone tapes, adhesive tapes, paper tapes, and cloth tapes.
  
•  On the basis of application, the market is bifurcated into wound care, diagnostics, skin care, medical device assembly, and others.
  
•  On the basis of distribution channel, the market is bifurcated into ambulatory surgical centre, hospitals, clinics, and homecare.
  

MARKET DYNAMICS

Drivers

•   Growing applications of medical transfer tapes in various industries drive the growth of the market.
  
•   Factors such as flexibility, skin friendly, breathable, easily removable and utilization in wound care dressings for short as well as long terms propel the growth of the market.
  
•   Increasing concerns regarding infections and rising incidence of burns and injuries fuel the market growth.
  
•   Growing number of diseases, availability of technologically advanced medical services and growing medical and healthcare sector boost the market growth.
  

Restraints

•   Increasing medical adhesive-related skin injuries.
  
•   Lack of proper guidelines regarding the use of medical transfer tapes.
  

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 medical transfer 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 medical transfer tapes market in these regions.

IMPACT OF COVID-19 ON MEDICAL TRANSFER 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. Due to the outbreak the medical transfer tape market was facing a number of challenges. The market initially registered certain level of decline in the growth because of worldwide lockdown, denied wound care services, delayed or postponed elective surgeries and increasing injury cases. The supply chain was also affected. Although, due to unmet market demand, 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 medical transfer 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 medical transfer tapes market are anticipated to have lucrative growth opportunities in the future with the rising demand for medical transfer tapes in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medical transfer 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 Healthcare
  
•  Avery Dennison Corporation
  
•  Baxter International Inc.
  
•  Johnson & Johnson
  
•  Derma Sciences Inc.
  
•  Berry Global, Inc.
  
•  Paul Hartmann Pty Limited
  
•  Cardinal Health, Inc.
  
•  Smith & Nephew plc
  
•  Molnlycke Health Care.
  

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.

Medical Transfer Tapes Report Scope