Medical Tapes and Bandages Market Size, Share, and Trends 2024 to 2033

Medical Tapes and Bandages Market Size and Forecast

The global medical tapes and bandages market size was USD 7.91 billion in 2023, calculated at USD 8.18 billion in 2024 and is expected to reach around USD 11.07 billion by 2033, expanding at a CAGR of 3.42% from 2024 to 2033. The increasing number of cases like accidents, chronic wound infections, and others are driving the growth of the market.

Medical Tapes and Bandages Market Key Takeaways

• The North America medical tapes and bandages market size reached USD 3.64 billion in 2023 and is expected to attain around USD 5.15 billion by 2033, poised to grow at a CAGR of 3.53% between 2024 and 2033.
• North America dominated the medical tapes and bandages market with the largest revenue share of 46% in 2023.
• Asia Pacific is expected to witness the fastest growth during the forecast period.
• By product, the medical bandages segment has held the major revenue share of 58% in 2023.
• By application, the surgical wound segment has contributed more than 59% of revenue share in 2023.
• By end-use, the hospital segment has held the biggest revenue share of 29% of revenue share in 2023.

U.S. Medical Tapes and Bandages Market Size and Growth 2024 to 2033

The U.S. medical tapes and bandages market size was exhibited at USD 2.73 billion in 2023 and is projected to be worth around USD 3.89 billion by 2033, poised to grow at a CAGR of 3.60% from 2024 to 2033.

North America led the medical tapes and bandages market with the largest market share in 2023. The growth of the market is attributed to the higher availability of well-developed healthcare infrastructure, and pharmaceutical companies in countries like the U.S. and Canada are driving the growth of the market. The rising prevalence of road accidents is driving the increasing number of surgeries in the region, positively impacting the growth of the market. Additionally, the rising number of diabetes cases in the population due to the changing lifestyle and aging factors that cause ulcers influenced the growth of the medical tapes and bandages market in the region.

• According to a report published in 2023, the Indian Department of Pharmaceuticals, the U.S. (59.75%), Japan (45.49%), Singapore (18.91%), and Germany (9.68%) all saw notable increases. The U.S. assumed the top spot as a destination for imports. Increased imports of ice bags, sticky gauze bandages, adhesive tapes, and other related items were the cause of the positive growth rate.

The yearly cost of treating injuries in the U.S. is estimated to be over $50 billion.5. Medicare, a health insurance program, reports that the annual cost of wound treatment for its participants ranges from 28.1 to 96.8 billion dollars. The costliest wounds are surgical wounds and diabetic ulcers, at 18.7 billion and 38.3 billion dollars, respectively.

Asia Pacific is expected to witness the fastest growth during the forecast period. The growth of the market in the region is expected to rise due to the rising population and increasing demand for healthcare infrastructure. The rising geriatric population that is more likely to get infected by some infections drives the demand for efficient treatment and medication that positively impacts the growth of the market. Additionally, the rising cases of diabetes in the population of the region, especially in countries like India and China, is anticipated to contribute significantly to the expansion of the medical tapes and bandages market.

Market Overview

Medical tapes and bandages are medical-grade products that are used to hold the dressing on the wound in place. These products are also used for securing catheters and medical devices. Medical tapes and bandages are available in various types of materials such as cloth, paper, and plastics. It is used to protect the infectious areas of the body from exposure to hazardous materials. It is basically made from a flexible and thin material that can be easily applied and removed from the skin.

The medical tapes and bandages are available at drugstores, online retailers, and supermarkets without a prescription. There are several types of medical tapes available in the market, such as micropore paper tapes, transpore medical tapes, zinc oxide medical tapes, durapore cloth surgical tapes, clear medical tapes, microfoam surgical tapes, waterproof surgical tapes, and others. The increasing cases of infections and wounds are driving the growth of the market.

Medical Tapes and Bandages Market Growth Factors

• The increasing prevalence of chronic diseases like diabetes causes higher chances of getting ulcers, and diabetic foot ulcers are driving the demand for medical tapes and bandages for treating the infection of wounds caused by diseases.
• The rising cases of road accidents, wound infections, and increasing patient safety concerns are driving the growth of the medical tapes and bandages market.
• The rising prevalence of chronic diseases and road accidents are driving the chances of surgeries and operations for treating illness, wounds, and cuts by the surgical procedures that drive the growth of the medical tapes and bandages market.
• The rising inclination of youth to sports and physical activities is causing the chances of sports injury that further contributed to the growth of the market.
• The rising population and the demand for healthcare infrastructure for the treatment of different diseases and conditions are driving the growth of the market.
• The higher investments in the healthcare and pharmaceutical industry and the ongoing research on medical product innovations are driving the growth of the medical tapes and bandages market.

Medical Tapes and Bandages Market Scope

Medical Tapes and Bandages Market Dynamics

Driver

The increase in diabetes cases

The increasing prevalence of diabetes patients worldwide due to the increasing geriatric population, changing lifestyles, and accepting sedentary lifestyles such as rising consumption of alcohol, smoking, and eating junk are the major factors for the increasing number of diabetes patients. The increasing prevalence of diabetes in people is causing higher chances of getting affected by diabetes ulcers. Diabetic ulcer is most commonly affected by the weight-bearing areas of food, like the ball of the foot and tips of the bent toes. The ulcer is an open wound that is well deep enough to be able to see the underlying tissues and sometimes bone.

Hardening of the skin, swelling, redness around the lesion, presence of pus and drainage, and local pain are some of the signs of diabetes ulcers. Most of the time, doctors prescribe antibiotics for the treatment and healing of wounds, but in some severe cases, surgical treatment should be suggested for the treatment. Thus, the increasing chances of surgical treatment for wound or ulcer healing are driving the demand for medical tapes and bandages in the market.

Restraint

Higher competition

The rising competition in the pharmaceutical products companies and the increasing participation of new market entrants as well as increasing burden of price sensitivity are restraining the growth of the market.

Opportunity

Technological advancements

Technological integration in healthcare is revolutionizing healthcare products and treatment. The integration of smart technologies in medical tapes and bandages is driving the growth opportunity in the medical tapes and bandages market. The smart bandages use microprocessors, microelectronic sensors, and wireless communication radios to enhance wound treatment and therapies. Smart bandages use various sensors for recording, detecting, and managing physical and chemical elements that affect the speed of wound healing. It uses technology that helps in wound healing and tissue-restoring processes. It also help the physician to remotely diagnose the wound healing by the telehealth features. Moreover, the rising investment in research and development activities in the further innovations and development of medicine and pharmaceutical products are driving the opportunity for the growth of the market.

Product Insights

The medical bandages segment dominated the market with the largest share in 2023. Medical bandages are one of the highly used segments in the medical tapes and bandages market. It is a soft, highly absorbent material that is used to hold the dressing on the wound or infection. It helps in immobilizing the wounded body part and compresses a soft tissue injury. There are different types of bandages available as per the requirement and wound, which can easily be applied and removed from the body.

Some of the types of bandages include crepe bandages, compression bandages, snake bit bandages, triangular bandages, tubular bandages, cohesive bandages, and others. The increasing accidental cases and the rising interest of youth towards sports and physical activities have chances of sprain and fracture in the body parts that drive the demand for the medical bandages segment in the medical tapes and bandages market.

Applications Insights

The surgical wound segment held the largest revenue share in 2023. The rising demand for medical tapes and bandages in surgical wounds is highly contributing to the increased demand for the medical tapes and bandages market. The increasing prevalence of chronic illnesses or diseases that drive the demand for surgical procedures, as well as the rising cases of road accidents, are contributing to the higher number of surgical operations that cause surgical wounds in the surgical process, which fuels the demand for medical tapes and bandages. There are different types of surgical tape available in the market, including microfoam surgical tape, waterproof surgical tape, and others.

• For instance, over 6 million people in the U.S. alone get over $25 billion in treatment for chronic wounds each year. The yearly wound care costs to the NHS in the UK are £8.3 billion, of which £2.7 billion and £5.6 billion are related to managing wounds that have healed and unhealed, respectively. Wound care costs in Europe account for 2-4% of yearly health expenditures. While the Malaysian Ministry of Health spends up to $5 million annually on wound care, and other Southeast Asian countries are in a similar situation, in developing nations such as India, 3–4% of the diabetic population suffers from foot problems, using up 12–15% of healthcare resources.

End-User Insights

The hospital segment dominated the market in 2023. The growth of the segment is attributed to the higher presence of healthcare facilities like hospitals, clinics, and other diagnostics centers for the treatment of diseases, infections, and other health conditions and the higher preference of the population for hospitals to treat any kind of diseases, wounds, etc. by the healthcare physician. The hospital includes well-trained healthcare professionals with technologically equipped diagnostics equipment, medication, and drugs that drive the demand for wound management in the hospital segment.

Major Players in the Medical Tapes and Bandages Market

• Smith & Nephew PLC
• Mölnlycke Health Care AB
• 3M
• McKesson Corporation
• Ethicon Inc. (JOHNSON & JOHNSON)
• B. Braun Melsungen AG
• Paul Hartmann AG
• Coloplast
• Integra Lifesciences
• Medtronic Industries

Recent Developments

• In October 2023, the low-cyclic, higher-adhesion DuPont Liveo MG 7-9960 silicone soft skin adhesive (SSA) is a new product from technology-based materials and solutions supplier DuPont. The novel adhesive is intended for use in advanced wound care dressings, for attaching medical equipment to the skin for prolonged periods of time, and for gently removing them.
• In July 2023, the Evonik firm JeNaCell introduced the epicite balancing wound dressing to the German market. The dressing, which will be available in June 2023, is especially well-suited and ideal for treating chronic wounds with low to medium exudation, including soft tissue lesions, diabetic foot ulcers, venous leg ulcers, arterial leg ulcers, and pressure ulcers.

Segments Covered in the Report

By Product

• Medical Tapes
  • Fabric Tapes
    • Acetate
    • Viscose
    • Cotton
    • Silk
    • Polyester
    • Other Fabric Tape
  • Paper Tapes
  • Plastic Tapes
    • Propylene
    • Other Plastic Tapes
  • Other Tapes
• Medical Bandages
  • Muslin Bandage Rolls
  • Elastic Bandage Rolls
  • Triangular Bandage Rolls
  • Orthopedic Bandage Rolls
  • Elastic Plaster Bandages
  • Other Bandages

By Application

• Surgical Wound
• Traumatic Wound
• Ulcer
• Sports Injury
• Burn Injury
• Others Injury

By End-use

• Hospitals
• Ambulatory Surgery Center
• Clinics
• Retail
• Others

By Geography

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa