India Medical Adhesives Market Size & Outlook, 2022-2030
India medical adhesives market, 2018-2030 (US$M)
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India medical adhesives market highlights
- The India medical adhesives market generated a revenue of USD 489.6 million in 2022 and is expected to reach USD 1,334.4 million by 2030.
- The India market is expected to grow at a CAGR of 13.4% from 2023 to 2030.
- In terms of segment, reactive & others was the largest revenue generating technology in 2022.
- Reactive & Others is the most lucrative technology segment registering the fastest growth during the forecast period.
Medical adhesives market data book summary
| Market revenue in 2022 | USD 489.6 million |
| Market revenue in 2030 | USD 1,334.4 million |
| Growth rate | 13.4% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Reactive & Others |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Hot Melt, Reactive & Others |
| Key market players worldwide | Baxter International Inc, Becton Dickinson & Co, Dentsply Sirona Inc, 3M Co, Arkema SA, H.B. Fuller Co, Henkel AG & Co KGaA, Avery Dennison Corp, DuPont de Nemours Inc, Ashland Inc, Cohera Medical, Chemence Medical, Heartland Adhesives |
Other key industry trends
- In terms of revenue, India accounted for 2.3% of the global medical adhesives market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical adhesives market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,757.9 million by 2030.
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Medical Adhesives Market Scope
Medical Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
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India medical adhesives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical adhesives market will help companies and investors design strategic landscapes.
Reactive & others was the largest segment with a revenue share of 85.15% in 2022. Horizon Databook has segmented the India medical adhesives market based on water based, solvent based, hot melt, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
According to the IMF, the GDP of India was estimated at USD 2.69 trillion in 2018 and is predicted to reach USD 4.33 trillion in 2023. India is currently the fastest growing economy in the world. According to Indian Brand Equity Foundation (IBEF) in 2017, India is predicted to be among the top three healthcare markets by 2020, in terms of incremental growth.
Growing health awareness, rising income levels, rising access to insurance, and changing attitude towards preventive healthcare is expected to boost healthcare services demand in future. These positive developments in the healthcare industry in India are estimated to be significant drivers of medical adhesives market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the India medical adhesives market , including forecasts for subscribers. This country databook contains high-level insights into India medical adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India medical adhesives market size, by technology, 2018-2030 (US$M)
India Medical Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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