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The healthcare adhesive tapes market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!

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The Healthcare Adhesive Tapes Market Size In 2022 And Forecast
The global healthcare adhesive tapes market is expected to grow from $31.63 billion in 2021 to $34.03 billion in 2022 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The healthcare adhesive tapes market is expected to grow to $45.45 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%.

The healthcare adhesive tapes market consists of sales of healthcare adhesive tapes by entities (organizations, sole traders, and partnerships) that are used to offer the holding of a bandage or other dressing onto a wound.

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Increase In Number Of Accidental Cases Due To Heavy Trafficking Is Driving The Growth Of The Healthcare Adhesive Tapes Market
For instance, in June 2022, according to World Health Organization, a Switzerland-based specialized agency of the United Nations responsible for international public health, between 20 and 50 million people suffer non-fatal injuries, with many incurring a disability as a result of their injury due to a road traffic accident. Road traffic accidents take the lives of almost 1.3 million individuals annually. Therefore, an increasing number of accidental cases due to heavy traffic are driving the healthcare adhesive tape market.

Competitive Landscape And The Regional Analysis Of The Healthcare Adhesive Tapes Market
Major players in the healthcare adhesive tapes market are 3M, Cardinal Health Inc., Nitto Denko Corporation, Johnson & Johnson Services Inc., Paul Hartmann AG, NICHIBAN Co. Ltd., Smith & Nephew, Lohmann GmbH & Co.KG, Avery Dennison Corporation, Medline Industries Inc., Essity Aktiebolag, Scapa Group Plc, Henkel Adhesives Technologies India Private Limited, tesa SE, and Parafix Tapes & Conversions Ltd.

Additionally, as per TBRC’s research – North America was the largest region in the healthcare adhesive tapes market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Healthcare Adhesive Tapes Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the healthcare adhesive tapes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the healthcare adhesive tapes market.

Product Innovation – A Key Trend In The Healthcare Adhesive Tapes Market
Major companies operating in the healthcare adhesive tape market are focused on developing new products to strengthen their position in the healthcare adhesive tapes market.

Healthcare Adhesive Tapes Market Segmentation By The Business Research Company
1) By Resin Type: Acrylic, Rubber, Silicone, Other Resin Types

2) By Backing Material Type: Paper, Fabric, Plastic, Other Backing Material Types

3) By Application: Surgery, Wound Dressing, Splints, Secure IV Line, Ostomy Seal, Hygiene, Bandages, Transdermal Patches, and Blister Protection, Diagnostic, Monitoring and Medical Devices, and Optical Care, Other Applications

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