UK Medical Adhesives Market Size & Outlook, 2022-2030
UK medical adhesives market, 2018-2030 (US$M)
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UK medical adhesives market highlights
- The UK medical adhesives market generated a revenue of USD 1,548.8 million in 2022 and is expected to reach USD 3,485.7 million by 2030.
- The UK market is expected to grow at a CAGR of 10.7% 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 1,548.8 million |
| Market revenue in 2030 | USD 3,485.7 million |
| Growth rate | 10.7% (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, UK accounted for 7.2% 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 Europe, Germany medical adhesives market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 1,193.7 million by 2030.
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Medical Adhesives Market Scope
Medical Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 84.47% in 2022. Horizon Databook has segmented the UK 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 UK was estimated at USD 2.80 trillion in 2018 and is expected to reach USD 3.25 trillion in 2025. UK Healthcare sector witnessed rapid growth since last 15 years. According to the World Bank, the contribution share of healthcare sector to the GDP of UK increased sharply from 7.3% in 2006 to 9.7% in 2016.
Despite the favorable financing conditions and robust global growth, the healthcare sector in Europe is poised to face uncertainty owing to the regulatory implications of the country leaving the European Economic Area (EEA). This is expected to retrain the growth medical device market and affect the demand for medical adhesives for medical device & equipment.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK medical adhesives market , including forecasts for subscribers. This country databook contains high-level insights into UK medical adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medical adhesives market size, by technology, 2018-2030 (US$M)
UK Medical Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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