Asia-Pacific medical tapes & bandages market is estimated to grow at a CAGR of over 4.5% during the forecast period. Major economies that contribute to the market include China, Japan, and India. The Asia-Pacific region is estimated to be a potential market for medical tapes & bandages due to the growing aging population coupled with the increasing prevalence of ulcers. In addition, the increasing number of human-burn cases and rising prevalence of diabetes across the major economies of the region further gives a boost to the regional growth of the market.

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Some of the key players operating in the Asia-Pacific medical tapes & bandage market include 3M Co, B. Braun Melsungen AG, Paul Hartmann AG, Smith & Nephew PLC, Johnson & Johnson Services Inc., Nitto Denko Corp., and others.

Japan is estimated to contribute significantly to the Asia-Pacific medical tapes & bandages market over the forecast period. One of the major factors that significantly drives the market is the surging pool of population with aged people across the country. This population pool is more likely to develop pressure ulcers than younger ones. These pressure ulcers are largely prevented by using effective treatment, part of which includes the usage of medical tapes & bandages over the ulcer wound. This, in turn, tends to drive the growth of the overall market during the forecast period.

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The market is segmented on the basis of product and application. On the basis of product, the market is segmented into two main categories which include medical tapes and medical bandages. Medical bandages include several types such as gauze bandage, adhesive bandage, cohesive and elastic bandage, and others which include diagnostic tapes. Medical bandages held the highest market share in 2018. On the basis of application, the market is segmented into surgical wound treatment, traumatic wound treatment, ulcer treatment, sports injury treatment, burn injury treatment and other applications. The traumatic wound held the highest market share in 2018.

These market players have a strong product portfolio which contributes to their business growth. Major strategies adopted by these market players include merger & acquisition, product launch, and geographical expansion. These market players are significantly contributing to the global medical tapes and bandages market.

Medical Tapes and Bandages Market, By Product Type

• Medical Tapes
• Fabric Tape
• Paper Tape
• Plastic Tape
• Other Tapes
• Medical Bandages
• Gauze Bandage
• Adhesive Bandage
• Cohesive and Elastic Bandage
• Other Bandages

Medical Tapes and Bandages Market, By Application

• Surgical Wounds
• Traumatic and Laceration Wounds
• Burns
• Ulcers
• Sport Injuries
• Other Wounds

Medical Tapes and Bandages Market, By End Users

• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Homecare Setting

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