Market Challenges And Opportunities

Alternative wound care products restraining the market growth

Although the number of surgeries performed every year is increasing globally owing to increasing incidence of chronic diseases and accidents, impact of alternative wound care and closure products is expected to the restrain the market growth. Use of adhesives and sealants counters the market growth of medical breathable tapes. However, demand for medical breathable tapes is still significant in emerging economies where the penetration of newer wound care products is still lower compared to developed economies such as the U.S., Canada, Germany, France and the U.K.