LAMEA Medical Adhesive Tapes Market Size, Share & Industry Trends Analysis Report By End-user, By Application, By Adhesion (Double Coated and Single Coated), By Type (Acrylic, Silicone and Rubber), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Medical Adhesive Tapes Market would witness market growth of 10.0% CAGR during the forecast period (2022-2028).
Medical adhesive tape, often known as surgical tape, is utilized to secure gauze, bandages, and other wound dressings to the skin. The majority of sticky tapes are pressure-sensitive tape, which adheres and remains in place when hard pressure is applied. The increasing number of surgical procedures, including aesthetic procedures, and the expansion of the healthcare infrastructure in developing nations are two additional aspects that are anticipated to create potential prospects for market participants.
The increasing prevalence of chronic and acute wounds is a significant factor driving the wound dressing industry. Increasing investments in strengthening healthcare infrastructure, a fast-expanding geriatric population, and an increase in the occurrence of skin ulcers, tissue necrosis, and diabetic foot ulcers are among the reasons driving the worldwide wound dressing market. Due to the rise in surgical operations around the world, market participants in the wound-dressing sector are concentrating on creating innovative wound-dressing solutions.
Establishing a healthcare infrastructure of international caliber is the government's primary aim in the UAE. The incidence of lifestyle diseases has grown, particularly among high-income individuals. These individuals increase the demand for better care. The government is focusing on expanding healthcare infrastructure to accommodate the rising demand. Moreover, according to WHO, road traffic injuries were the sixth greatest cause of mortality in the Eastern Mediterranean Region in 2004. It resulted in an estimated 146 000 fatalities and 2.8 million nonfatal injuries, an alarmingly high rate of 17 and 320 nonfatal injuries per hour. All of this has increased the need for medical items such as medical adhesive tapes, driving the market expansion.
The Brazil market dominated the LAMEA Medical Adhesive Tapes Market by Country in 2021; thereby, achieving a market value of $19.2 million by 2028. The Argentina market is showcasing a CAGR of 10.6% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 9.7% during (2022 - 2028).
Based on End-user, the market is segmented into Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Others. Based on Application, the market is segmented into Surgery, Wound Dressing, IV Lines and Others. Based on Adhesion, the market is segmented into Double Coated and Single Coated. Based on Type, the market is segmented into Acrylic, Silicone and Rubber. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Medical Adhesive Tapes Market is Projected to reach USD 1 Billion by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Medtronic PLC, Baxter International, Inc., Johnson & Johnson, Smith & Nephew PLC, Cardinal Health, Inc., HARTMANN Group (Paul Hartmann AG), Nitto Denko Corporation, Medline Industries, Inc. and Lohmann GmbH & Co.KG
Scope of the Study
Market Segments Covered in the Report:
- Specialty Clinics
- Ambulatory Surgical Centers
- Wound Dressing
- IV Lines
- Double Coated
- Single Coated
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- Medtronic PLC
- Baxter International, Inc.
- Johnson & Johnson
- Smith & Nephew PLC
- Cardinal Health, Inc.
- HARTMANN Group (Paul Hartmann AG)
- Nitto Denko Corporation
- Medline Industries, Inc.
- Lohmann GmbH & Co.KG
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