Healthcare Adhesive Tape Market - Forecasts from 2019 to 2024

The healthcare adhesive tape market is projected to grow at a CAGR of 6.40% to reach US$13.777 billion in 2024 from US$9.496 billion in 2018. Healthcare adhesive tapes are primarily designed for wound closure and for the fixture of medical devices and wearable sensors on the body. The demand for healthcare adhesive tapes is majorly driven by the rising number of injuries and accidents globally. Rising prevalence of wearable sensor technologies and the growing number of medical tests requiring the attachment of different medical devices and sensors on the body are the factors that are driving the healthcare adhesive tape market growth. Geographically, the North American and European regions are expected to have a substantial share in the market on account of early adoption of technology and high investment in healthcare. The Asia Pacific market will witness impressive growth during the forecast period due to rising population and growing healthcare sector in budding economies.

Drivers

Rising number of injuries and accidents globally.

Burgeoning adoption of wearable sensor technology in healthcare.

Restraints

Restricted use of these tapes due to prolonged use or high skin sensitivity.

Industry Update

In January 2019, tesa SE expanded its productivity and R&D capacity in the Asia Pacific region with a total investment of $30 million.

The major players profiled in the Healthcare Adhesive tape market include 3M, tesa SE, Nitto Denko Corporation, AVERY DENNISON CORPORATION, Henkel Corporation, Scapa Group plc, Lohmann GmbH & Co.KG, GERGONNE GROUP., Parafix Tapes & Conversions Ltd., BSN Medical, and PAUL HARTMANN Limited.

Segmentation

The healthcare adhesive tape market has been analyzed through the following segments:

By Coating Technology
Solvent-based
Hot-Melt-based
Water-based
Others

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. HEALTHCARE ADHESIVE TAPE MARKET BY COATING TECHNOLOGY

5.1. Solvent-based
5.2. Hot-Melt-based
5.3. Water-based
5.4. Others

6. HEALTHCARE ADHESIVE TAPE MARKET BY GEOGRAPHY

6.1. North America
6.1.1. USA
6.1.2. Canada
6.1.3. Mexico
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. Germany
6.3.2. France
6.3.3. United Kingdom
6.3.4. Others
6.4. Middle East and Africa
6.4.1. Saudi Arabia
6.4.2. Israel
6.4.3. Others
6.5. Asia Pacific
6.5.1. China
6.5.2. Japan
6.5.3. South Korea
6.5.4. India
6.5.5. Others

7. COMPETITIVE INTELLIGENCE

7.1. Competitive Benchmarking and Analysis
7.2. Recent Investments and Deals
7.3. Strategies of Key Players

8. COMPANY PROFILES

8.1. 3 M
8.2. tesa SE
8.3. Nitto Denko Corporation
8.4. AVERY DENNISON CORPORATION
8.5. Henkel Corporation
8.6. Scapa Group plc
8.7. Lohmann GmbH & Co. KG
8.8. GERGONNE GROUP
8.9. Parafix Tapes & Conversions Ltd.
8.10. BSN Medical
8.11. PAUL HARTMANN Limited