Medical Tapes Market Expected to Fuel Revenue Growth

R e s e a r c h Report Media Releases Global Medical Tapes Market to Reach US$ 1,757.2 Mn by 2024 End; Developing Economies Expected to Fuel Revenue Growth In a new report titled ‘Medical Tapes Market: Global Industry Analysis and Forecast 2016 – 2024’, Persistence Market Research analyzes the performance of the global medical tapes market over an eight-year period and provides insights on the key factors and trends likely to M a r k e t influence the market during the forecast period (2016 – 2024). The global medical tapes market is expected to register a CAGR of 5.8% during the forecast period 2016–2024. In this report, the global medical tapes market is tracked in terms of value and is calibrated to obtain market revenue estimates. Rising incidences of Healthcare Acquired Infections (HAIs), product line extensions from manufacturers, increasing innovation, concern about patient safety among clinicians, and development of single patient use tapes are major factors driving the growth of the global medical tapes market currently. Other trends boosting market growth are increasing awareness regarding the use of medical tapes for securement among physicians and patients and rising P e r s i s t e n c e incidence of wounds, burns, and injuries. In addition, medical tapes manufacturers in the global medical tapes market are focusing on introducing differential products with enhanced safety and applications to increase their market share. However, adoption of alternative treatment methods, increasing incidence of Medical Adhesive Related Skin Injuries (MARSI), and a lack of guidelines regarding proper selection and usage of medical tapes are expected to hamper the growth of the global medical tapes market. Download Sample Report @ http://www.persistencemarketresearch.com/samples/3435 The global medical tapes market is segmented based on product type, application, distribution channel, and region. On the basis of product type, the market has been segmented into adhesive tapes, elastic tapes, silicone tapes, paper tapes, and silk cloth tapes. The silk cloth medical tapes segment is expected to remain the largest segment, registering a CAGR of 5.0% in terms of value over the forecast period. The wider application of silk cloth medical tapes in various healthcare conditions and easier availability is expected to contribute to their growing Global Medical Tapes Market 2016-2024

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