Medical Tapes and Bandages Market: Rising in Advanced Wound Care Products
Rising awareness about advanced Wound Care is expected to hinder the growth of the medical tapes market. Advanced wound accelerates the healing process for many chronic wounds by providing and promoting a moist environment. Global medical tapes and bandages market is projected to reach USD 7.39 Billion by 2022 from USD 6.13 Billion in 2017, at a CAGR of 3.8%. As basic/traditional wound care products take a large amount of time to heal wounds and are less effective for certain types of wounds, Advanced Wound Care products are being used as first-line therapy wherever Infection Control and healing speed are major concerns. Considering their effectiveness, coupled with the limitations of basic/traditional wound dressings, advanced and active wound care products are seen as a prominent restraint for the market. Factors such as rising number of surgeries, increasing incidence of chronic wounds, and rising geriatric population are driving the growth of...