Middle East & Africa Medical Adhesives Market Size & Outlook

The medical adhesives market in Middle East & Africa is expected to reach a projected revenue of US$ 2,556.9 million by 2030. A compound annual growth rate of 12.9% is expected of Middle East & Africa medical adhesives market from 2023 to 2030.
Revenue, 2022 (US$M)
$966.1
Forecast, 2030 (US$M)
$2,556.9
CAGR, 2023 - 2030
12.9%
Report Coverage
Middle East & Africa

MEA medical adhesives market highlights

  • The MEA medical adhesives market generated a revenue of USD 966.1 million in 2022.
  • The market is expected to grow at a CAGR of 12.9% 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.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.


MEA data book summary

Market revenue in 2022USD 966.1 million
Market revenue in 2030USD 2,556.9 million
Growth rate12.9% (CAGR from 2022 to 2030)
Largest segmentReactive & others
Fastest growing segmentReactive & Others
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWater Based, Solvent Based, Hot Melt, Reactive & Others
Key market players worldwideBaxter 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, MEA region accounted for 4.5% of the global medical adhesives market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 11,943.7 million by 2030.

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Medical Adhesives Market Scope

Medical adhesives market segmentation & scope
Water Based
Solvent Based
Hot Melt
Reactive & Others
Flexible Packaging
Folding Cartons
Case & Carton
Labeling
Residential
Commercial
Industrial
Flooring & Plywood
Furniture
Doors & Windows
Housing Components
Medical device & equipment
Internal medical application
External medical application
Passenger Cars
LCV
MCV & HCV
Others

Medical Adhesives Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 83.89% in 2022. Horizon Databook has segmented the Middle East & Africa 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 IMF, the GDP of Middle East was valued at approximately USD 2.81 trillion in 2018 and is expected to reach USD 3.31 trillion in 2023, whereas The GDP of Africa is set to reach approximately USD 3.39 trillion in 2023 from USD 2.33 trillion in 2018. However, healthcare represents a small percentage of the budget in the region.

According to the estimates of the World Bank, an average of only 8% of their respective budgets are spent on healthcare by countries in Middle East & North Africa as compared to OECD countries. As a result, people end up delaying the much needed healthcare owing to impoverishing and unaffordable costs. Such factors have affected the growth of medical adhesives market in the region.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medical adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa medical adhesives market

Middle East & Africa Medical Adhesives Market Outlook Share, 2022 & 2030 (US$M)

Middle East & Africa medical adhesives market

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