The global breathable tape market is on track to achieve a substantial size, with a projected valuation of US$ 8 Billion by the year 2032. This growth trajectory is underpinned by the rising clinical awareness and a surge in the prevalence of injuries, which are expected to drive robust demand for breathable tape in the coming years.
According to insights from FMI (Futuristic Market Insights), the global breathable tape market was valued at US$ 5.7 billion in 2022. Projections indicate that it will continue to expand at a compound annual growth rate (CAGR) of 4.3% throughout the forecast period spanning from 2022 to 2032.
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Market Drivers
- Growing Healthcare Industry:
- The healthcare industry’s expansion, including wound care and surgical applications, is a major driver for breathable tape. As healthcare facilities adopt advanced products for patient care, the demand for breathable tapes in wound dressings and medical applications increases.
- Increasing Emphasis on Wound Care:
- The rising awareness of proper wound care and the importance of creating optimal healing environments contribute to the demand for breathable tapes. These tapes provide a balance between protection and breathability, supporting better wound recovery.
- Rise in Surgical Procedures:
- With an increase in surgical procedures globally, there is a growing demand for breathable tapes used in surgical drapes, incision site dressings, and other medical applications. The tapes play a crucial role in maintaining sterile conditions while allowing moisture vapor to escape.
- Sports and Athletic Industry Growth:
- The sports and athletic industry’s expansion, coupled with the emphasis on injury prevention and recovery, drives the demand for breathable tapes for athletic taping and compression applications. Athletes and sports medicine professionals seek products that provide support without compromising breathability.
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Competitive Outlook
Some of the leading key players in the breathable tape market are 3M Company, Smith & Nephew Inc, Medline Industries Inc, Hartmann Inc, Dynarex Corp, Cardinal Health Inc, Nitto Medical Corp, Godson Tapes Pvt., Johnson & Johnson Consumer Inc, and Beiersdorf Inc, contributing to the substantial breathable tape market share.
- With some mergers and acquisitions, breathable tape manufacturers are focusing on expanding their global footprint and improving the quality of their tapes. The new and revolutionary product is intended to improve convenience in the healthcare industry, propelling the sales of breathable tape .
- The 3M Company finalized its acquisition in 2019. Acelity Inc. is a medical technology firm that specializes in improved wound care and specialty surgical procedures. The acquisition will help 3M Company’s Medical Solutions division grow.
Key Segments
By Material Type:
- Paper
- Polyethylene (PE)
- Non-woven Fabric
- Others
By Product Type:
- Medical Adhesive Tape
- Cloth Adhesive Tape
- Pressure sensitive adhesive tape
- Waterproof tape
- Micro pore tape
By End user:
- Hospital
- Clinic
- Home care
- Others
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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