European medical tapes & bandages market is estimated to grow at a CAGR of 4% during the forecast period. Major economies that contribute to the market include UK, Germany, Italy, Spain and France among various others. One of the key factors driving the regional growth of the market is the increasing ageing population which is expected to increase the demand for surgical procedures, and hence, increasing the need for medical tapes for surgical wounds and thereby, drives the market growth. Furthermore, the prevalence of osteoporosis is increasing across the region owing to which the risk associated with numerous types of fractures has increased significantly in the region. This is expected to further create opportunities for the growth of the market in the near future.
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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 includes 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 application. The traumatic wound held the highest market share in 2018.
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Some of the key players operating in the European medical tapes & bandage market include 3M Co, B. Braun Melsungen AG, Beiersdorf AG, BSN Medical GmbH, Paul Hartmann AG, and Smith & Nephew PLC. 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.
Market Segmentation
By Product
Medical Bandage
- Gauge Bandage
- Adhesive Bandage
- Cohesive and Elastic Bandage
- Other Medical Bandage
Medical Tapes
- Fabric Tapes
- Paper Tapes
- Plastic Tapes
- Other Tapes
By Application
- Surgical Wound Treatment
- Traumatic Wound Treatment
- Ulcer Treatment
- Sports Injury Treatment
- Burn Injury Treatment
- Others
Regional Analysis
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- 3M Co.
- Braun Melsungen AG
- Beiersdorf AG
- BSN Medical GmbH
- ConvaTec Group PLC
- Henkel Corp.
- Karl Otto Braun GmbH & Co. Kg.
- Paul Hartmann AG
- Smith & Nephew PLC
- Mactac (A Lintec Company)
- Mölnlycke Health Care AB
- Johnson & Johnson Services, Inc.
- Scapa Group plc
- Lohmann Technologies (UK) Ltd.
- Parafix Tapes & Conversions Ltd.
- Shurtape Technologies, LLC
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
