U.S. Medical Adhesives Market Size & Outlook, 2022-2030
U.S. medical adhesives market, 2018-2030 (US$M)
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U.S. medical adhesives market highlights
- The U.S. medical adhesives market generated a revenue of USD 5,653.4 million in 2022 and is expected to reach USD 12,783.2 million by 2030.
- The U.S. 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 5,653.4 million |
| Market revenue in 2030 | USD 12,783.2 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, U.S. accounted for 26.3% 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 North America, U.S. medical adhesives market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 981.6 million by 2030.
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Medical Adhesives Market Scope
Medical Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 83.5% in 2022. Horizon Databook has segmented the U.S. 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 International Monetary Fund (IMF), the GDP of the U.S. was estimated at USD 20.49 trillion in 2018 and is expected to reach USD 22.29 trillion in 2020. Healthcare sector is a significant driver of the overall economic growth of the U.S.
According to the World Bank, healthcare expenditure in the U.S in 2006 comprised about 14.9% of the United States GDP and rose to 17.0% in 2016. Healthcare expenditure is expected to outpace the GDP growth of the U.S. over the coming years, owing to rising elderly population and prevailing unhealthy lifestyle in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. medical adhesives market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medical adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medical adhesives market size, by technology, 2018-2030 (US$M)
U.S. Medical Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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