This section also underlines components influencing the growth of the global medical tapes market along with a detailing of the important thing trends, drivers, restraints, and alternatives. Impact analysis of key regional progress drivers and restraints based mostly on the weighted common mannequin along with key area-specific tendencies is included in the report to better equip clients with information and hidden insights.
One examine reported a total MARSI incidence of 29.eighty three% on the peripherally inserted central catheter insertion sites of oncology patients . Another study reported a MARSI incidence of 5.eight% with 207 patient visits in an outpatient vascular clinic over three months . MARSI is doubtlessly underreported in many areas of care, as it is not considered an sudden or antagonistic damage . From one research in a pediatric intensive care unit, 76.three% of MARSI was attributable to the securements of tracheal intubation, vascular entry, and electrocardiogram monitor . Because accidental dislocation of those crucial medical gadgets can result in serious events, the issues resulting from limited decisions in medical tape are anticipated to be nicely past MARSI prevalence.
The shifting focus of key market players in direction of superior wound dressings as in comparison with the traditional one is the most important pattern witnessed in this area. On the idea of utility, medical tapes & bandages are segmented into surgical wound treatment, traumatic wound remedy, ulcer remedy, burn accidents, and sports activities accidents. Surgical wound treatment held the most important share available in the market and is anticipated to keep up its position over the forecast period.
Asia Pacific medical tapes and bandages market is predicted to witness the very best growth over the forecast interval owing to the provision of immense alternatives on this region, particularly in China & Japan. The large population of this region coupled with rising patient awareness ranges relating to the illnesses and wound infections and an increase in per capita revenue is the most important progress driver for this region. The presence of a large inhabitants base affected by diabetes is also anticipated to be a high impact rendering driver of this region. According to statistics by the Asian Diabetes Prevention Initiative, about 60.0% of the reported diabetes instances on the planet are from Asia.
Persistence Market Research analyzes the worldwide medical tapes market over an eight 12 months period from 2016 to 2024. The study demonstrates market dynamics and developments across regions which might be expected to influence the current standing and future prospects of the worldwide medical tapes market over the forecast period (2016 – 2024). The main objective of the report is to supply info on market drivers, restraints, developments, opportunities, and value chain analysis; and updates on developments within the global medical tapes market. The world medical tapes market has been segmented into 5 main regions namely North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. In phrases of value, the Asia Pacific area is estimated to dominate the market with 31.1% income share of the worldwide medical tapes market in 2015.
Asia Pacific and Latin America are estimated to be the fastest growing emerging markets within the world medical tapes market. Currently, silk material tapes are a serious revenue contributor in most areas. Rising prevalence of continual wounds the world over and availability of all kinds of medical tapes is anticipated to gas revenue growth of the global medical tapes market over the forecast period. China and India are expected to stay dominant within the Asia Pacific medical tapes market owing to a lot of sufferers and favorable market dynamics.
Ulcer therapy is anticipated to be the fastest-rising phase. The international medical tapes & bandages market measurement was valued at USD 7.zero billion in 2016 and is predicted to grow at a CAGR of 5.10% through the forecast interval. In the past three years, these corporations adopted product launches, strategic acquisitions, agreements, collaborations & partnerships, and expansions as their key business methods to make sure market dominance. Medical adhesive-related pores and skin damage is defined as an prevalence of erythema or cutaneous abnormality that persists 30 min or more after adhesive removal . The prevalence rates of MARSI vary significantly between studies for affected person populations and the type and location of the medical adhesive.