Market revenue in 2022 | USD 966.1 million |
Market revenue in 2030 | USD 2,556.9 million |
Growth rate | 12.9% (CAGR from 2022 to 2030) |
Largest segment | Reactive & others |
Fastest growing segment | Reactive & Others |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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.
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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