China will lead global demand for medical tape as a result of rising industrial output. According to the "medical tape market classification", the global medical tape market is estimated to reach 6.64 billion U.S. dollars in 2017 and will reach 7.86 billion U.S. dollars by 2022. The compound annual growth rate(compound annual growth rate) is 5.69 <unk> from 2017 to 2022. -- A recent report by "Research and Market" shows.

The demand for medical tape has been growing rapidly in applications such as surgery, wound dressing, safety IV lines, splints and mouth seals. According to the report, the increase in the number of medical products in the Asia-Pacific region and the increase in demand for medical products are considered to be key factors in the growth of the medical tape market. The silicone medical tape is expected to grow at a higher combined annual rate during the forecast period. In recent years, the medical industry paste skin market for silicone medical tape demand has increased.

The safety IV segment of the medical tape market is expected to grow at the highest annual composite growth rate during the forecast period. Recent advances in medical technology have driven the development of the medical tape market and created opportunities for manufacturers to develop new products. The Asia-Pacific market for medical tape is expected to grow at the highest annual composite growth rate during the forecast period as demand for medical tape grows in Asia-Pacific economies, including India, China, South Korea, Vietnam, Taiwan, Singapore and other countries and regions. China is expected to channel demand for medical tape as industrial production increases.