MEDICAL TAPES MARKET ANALYSIS

Market News

Global Medical Tapes Market: Key Developments

In March 2022, Ahlstrom, a manufacturer of fiber-based products, launched MasterTape Pack Green, a sustainable alternative for plastic Pressure Sensitive Adhesive (PSA) packaging tape backings.

In March 2021, ATP Adhesive Systems, a solvent free and water based adhesive tape producer acquired BDK Industrial Products, a U.K.-based adhesive tape converter company, as part of its strategy to expand internationally. Acquisition of water-based adhesives tapes manufacturer will result in the expansion of a range of solutions and an increase in product service offerings.

In September 2020, Nitto Denko Corporation, a Japanese company that produces tapes, vinyl, LCDs, insulation, and several other products announced a five-year extension of its highly successful partnership with ATP Tour, Inc., a worldwide top-tier tennis tour for men until 2025. Through this partnership, Nitto Denko Corporation will continue as a title partner of the season-ending Nitto ATP Finals, in partnership with ATP Tour, Inc., Italian Tennis Federation (FIT), and the city of Turin. Nitto Denko Corporation will also become a year-round Gold Partner of ATP Tour, Inc. and its Official Athletic Tape Sponsor.

In October 2021, Healthium Medtech Limited, a global medtech company that focuses on products used in surgical, post-surgical, and chronic care, announced the launch of TRUSHIELD NXT surgical wound dressing, adding to its portfolio of patented products in the wound care and infection prevention segments. In addition to wound care, Healthium Medtech Limited current product portfolio focusses on the advanced surgery, urology, and arthroscopy products.