U.S. Medical Tapes And Bandages Market Size, Share & Trends Analysis Report By Product (Medical Tapes, Medical Bandages), By Application, By End-use, And Segment Forecasts, 2024 - 2030

Market Size & Trends

The U.S. medical tapes And bandages market size was valued at USD 3.02 billion in 2023 and is expected to register a CAGR of 3.5% from 2024 to 2030. Increasing incidence of wound infections, majorly due to road accidents, increasing safety concerns of patients, in addition to the rising cases of pressure ulcers and diabetic foot ulcers are contributing significantly to the market’s growth.

Surgical procedures are becoming more widely adopted due to the favorable reimbursement coverage. Additionally, the increasing geriatric population and rising prevalence of burns and trauma are expected to drive the market growth. The number of people who have diabetes in the U.S. is projected to triple by 2060, according to a study published by BMC Population Health Metrics. One of the most common consequences of diabetes is diabetic foot ulcers, which require surgical treatment. This is expected to boost the market growth as diabetic foot ulcers can affect more than 25.0% of the diabetic population and lead to foot amputation in 20.0% of patients, as per ScienceDirect.

The U.S. accounted for 39.0% of the global medical tapes and bandages market 2023. Ambulatory surgical centers (ASCs) in the U.S. were previously only able to perform minor surgeries related to the gastrointestinal system. However, with increased minimally invasive surgical procedures, ASCs now offer more services. They are also increasing in number and offer cost-effective services, with favorable reimbursement coverage being provided for services availed in ASCs.

Market Characteristics & Concentration

The key industry players are adopting product launches, mergers and acquisitions (M&A) activities, and partnerships to strengthen their foothold. Technological advancements concentrating on increasing patient compliance and reduction in chances of infection are anticipated to take over during the forecast period. The increasing knowledge of surgeons on applying diverse advanced wound care products during post-operative procedures is expected to generate prospects for significant players within the industry.

The degree of innovation is high in this industry. To increase their market share, the competitors either incorporate additional features into their current products or introduce new product lines. For instance, in May 2023, Elkem exhibited its specially developed advanced wound-healing product, Silbione RT Gel 4660, a soft skin adhesive gel. Companies have developed various medical tapes and bandages that incorporate antimicrobial agents that contribute to preventing infection.

The prominent market players focus on several M&A strategies and partnerships to expand that market value and share. For instance, in March 2023, CURAD signed a multi-year partnership with the Chicago Fire FC to provide first-aid products for the Club’s first team and Academy. The partnership was aimed at providing superior medical care to the athletes.

Medical tapes and bandages are an established market in the U.S. with regulatory requirements that must be fulfilled. The market penetration of these products is anticipated to witness significant growth due to the rise in per capita income and increased healthcare spending by the government. Reforms in the insurance policies to include the coverage of ambulatory surgery centers are anticipated to boost the market growth. Funding from federal agencies for treating and managing chronic wounds facilitates increased use of wound dressings in hospitals and nursing facilities in developed countries.

Product Insights

The medical bandages segment held the largest market share of 57.59% in 2023. Major usage of medical bandages includes wound dressings, supporting fractures & splints, and sports injuries. In post-operation cases, bandages compress the overall body structure by limiting the body part’s movements. These are made of several different materials, such as synthetic, plastic, cloth, or elastic, and have an adhesive or an elastic structure attached for support.

The medical tapes segment is expected to grow at the highest CAGR during the forecast period. Medical tapes are mainly used with medical bandages. Fabric, paper, and plastic tape are the most used medical tapes. These are widely used in hospitals, specialty clinics, and home healthcare settings. Increasing chronic wounds, burns, and trauma cases are major driving factors for segment growth. The companies are also widening their product portfolios for external medical applications to cater to the growing demand for medical tapes.

Application Insights

The surgical wounds segment held the largest market share of 57.98% in 2023. As per the CDC, it is estimated that around 30 million surgical procedures are performed in the U.S. every year. Surgical wounds majorly occur due to surgical site infection. The rising number of surgical site infections is one of the major driving factors for segment growth. Treatment for a traumatic wound primarily requires surgical dressings such as bandages and tapes, which are placed over the wound and may need to be changed regularly. Hence, considerable segment growth is anticipated over the forecast period.

The ulcer segment is expected to grow at the highest CAGR during the forecast period. Pressure ulcers are the result of various intrinsic and extrinsic factors, which include immobilization, chronic illnesses, cognitive deficits, poor nutrition, aging, and the use of steroids. Dressings are one treatment option for pressure ulcers. Many types of dressings, such as gauze dressing, can be used and vary considerably in cost. This is expected to boost the segment’s growth.

End-use Insights

The hospitals segment held the largest market share of 28.22% in 2023. The increasing incidence of surgical wounds due to the rising number of surgeries drives the segment growth. In addition, increasing cases of diabetic foot ulcers and venous leg ulcers are also anticipated to drive the segment since medical tapes and bandages are majorly used in such conditions. Thus, such factors may boost segment growth over the forecast period.

The clinics segment is expected to register a considerable CAGR during the forecast period. Wound dressings require constant monitoring, increasing the clinic demand among patients. Due to conditions such as diabetic foot ulcers, key companies in the market are focusing on developing advanced products for its treatment. For instance, in July 2021, Integra Lifesciences announced positive clinical outcomes for the PriMatrix Dermal Repair Scaffold intended to treat diabetic foot ulcers that are difficult to heal.

Key U.S. Medical Tapes And Bandages Company Insights

Some of the prominent U.S. medical tapes and bandages market companies are B. Braun Melsungen AG, Johnson & Johnson Pvt. Ltd., Medtronic PLC, Smith & Nephew Plc, PAUL HARTMANN AG, Cardinal Health, Mölnlycke Health Care AB, Derma Sciences Inc., Medline Industries, Inc., and BSN Medical (Essity). These players are increasingly focusing on product launches, technological advancements, and other growth strategies, such as mergers & acquisitions, to strengthen their foothold in the market.

Companies are focusing on new trends such as increasing the wear time of the dressing by developing strong adhesives, using medical-grade silicone, a biocompatible solution used for advanced biocompatible solution, atraumatic removal of the products, and more. Key players are strategically expanding their businesses and building more warehouses at various places so that their companies can run businesses through various other channels in the worst-hit areas. 

Recent Developments

• In November 2023, Milliken & Company launched OVIK Health, which is a brand-new platform housing the company’s healthcare business and reflects its position in the market

• In May 2023, CURAD announced the launch of an adhesive bandage line, CURAD Naturals, which contains several natural ingredients such as Vitamin E, aloe vera, and baking soda, that gently heal wounds

U.S. Medical Tapes And Bandages Market Report Scope

U.S. Medical Tapes And Bandages Market Report Segmentation

This report forecasts revenue growth at a country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. medical tapes and bandages market report based on product, application, and end-use:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • 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

• Application Outlook (Revenue, USD Million, 2018 - 2030)

• Surgical Wound

• Traumatic Wound

• Ulcer

• Sports Injury

• Burn Injury

• Others Injury

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals

  • Ambulatory Surgery Center

  • Clinics

  • Retail

  • Others