Product Code: ETC12664206 | Publication Date: Apr 2025 | Product Type: Market Research Report | ||
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India medical adhesives market import shipment experienced a significant decline from the CAGR of -10.2% during 2020-2024 to a steep drop in growth rate of -59.7% between 2023 and 2024. The market showed a clear trend of contraction and loss of momentum over the specified periods, indicating a considerable slowdown in imports.
The India medical adhesives market is experiencing steady growth due to increasing healthcare infrastructure development, rising surgical procedures, and growing awareness about advanced wound care products. The market is driven by the expanding geriatric population and the prevalence of chronic diseases requiring medical adhesive products for wound closure and surgical applications. Factors such as technological advancements in adhesive products, the adoption of minimally invasive surgical procedures, and the increasing demand for medical adhesives in dental applications are further propelling market growth. Key players in the India medical adhesives market are focusing on product innovation, strategic partnerships, and mergers and acquisitions to gain a competitive edge. The market is expected to continue its growth trajectory in the coming years, driven by the rising healthcare expenditure and the increasing demand for quality healthcare services.
The India medical adhesives market is experiencing growth driven by factors such as increasing surgical procedures, rising demand for advanced wound care products, and expanding healthcare infrastructure. There is a growing preference for medical adhesives due to their benefits such as reduced scarring, faster healing times, and improved patient comfort. The market is witnessing a shift towards innovative adhesive technologies that offer better performance and usability. Manufacturers are focusing on developing bio-based and biocompatible adhesives to meet the growing demand for sustainable and skin-friendly products. Additionally, the rise in chronic diseases and injuries is further fueling the demand for medical adhesives in India, with a particular emphasis on applications in wound closure and medical device assembly.
In the India medical adhesives market, some of the key challenges faced include the lack of awareness among healthcare professionals about the benefits and applications of advanced medical adhesives, limited availability of high-quality and specialized adhesives tailored for medical use, and the presence of counterfeit or substandard products in the market. Additionally, the stringent regulatory requirements for medical adhesives approval and the high cost associated with innovative adhesive technologies pose barriers to market growth. Furthermore, the diversity in healthcare infrastructure and practices across different regions in India can also impact the adoption and standardization of medical adhesives in the medical industry. Addressing these challenges will require collaboration between adhesive manufacturers, healthcare providers, and regulatory bodies to ensure the safe and effective use of medical adhesives in various healthcare settings.
The India medical adhesives market presents promising investment opportunities due to the increasing demand for advanced wound care products and the growing healthcare industry in the country. With rising awareness about the benefits of medical adhesives in wound closure and management, the market is expected to witness significant growth in the coming years. Investing in innovative and high-quality medical adhesive products that cater to the specific needs of the Indian healthcare sector could yield considerable returns. Additionally, partnerships with local hospitals, clinics, and healthcare providers can help in establishing a strong presence in the market and drive sales. Overall, the India medical adhesives market offers a fertile ground for investors looking to capitalize on the expanding healthcare landscape and the increasing adoption of advanced medical technologies.
In India, government policies related to the medical adhesives market primarily revolve around quality control, import regulations, and licensing requirements. The Bureau of Indian Standards (BIS) sets standards for medical adhesives to ensure product safety and efficacy. Import regulations mandate that medical adhesives must comply with specified standards and undergo testing before entering the Indian market. Companies manufacturing or importing medical adhesives are required to obtain appropriate licenses from regulatory authorities such as the Central Drugs Standard Control Organization (CDSCO) to ensure compliance with quality and safety standards. Additionally, the government promotes domestic manufacturing through initiatives such as the Make in India campaign, which aims to boost local production of medical devices, including adhesives, to reduce dependency on imports and enhance the country`s self-sufficiency in healthcare products.
The India medical adhesives market is expected to witness significant growth in the coming years. Factors driving this growth include the rising number of surgical procedures, increasing demand for minimally invasive surgeries, and the expanding healthcare infrastructure in the country. Additionally, advancements in adhesive technologies, such as the development of biocompatible and bioresorbable adhesives, are anticipated to further fuel market expansion. The growing awareness among healthcare professionals and patients about the benefits of medical adhesives in wound closure and tissue bonding is also expected to contribute to market growth. With the increasing focus on improving healthcare outcomes and patient comfort, the India medical adhesives market is poised for steady growth in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Medical Adhesives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Medical Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 India Medical Adhesives Market - Industry Life Cycle |
3.4 India Medical Adhesives Market - Porter's Five Forces |
3.5 India Medical Adhesives Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 India Medical Adhesives Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 India Medical Adhesives Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 India Medical Adhesives Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 India Medical Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for minimally invasive surgeries |
4.2.2 Rising prevalence of chronic diseases requiring medical adhesives |
4.2.3 Technological advancements leading to the development of innovative medical adhesives |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance standards in the healthcare industry |
4.3.2 High cost associated with medical adhesives |
4.3.3 Risk of allergic reactions and skin irritations in some patients |
5 India Medical Adhesives Market Trends |
6 India Medical Adhesives Market, By Types |
6.1 India Medical Adhesives Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 India Medical Adhesives Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 India Medical Adhesives Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.1.4 India Medical Adhesives Market Revenues & Volume, By Natural, 2021 - 2031F |
6.2 India Medical Adhesives Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 India Medical Adhesives Market Revenues & Volume, By Internal Medical, 2021 - 2031F |
6.2.3 India Medical Adhesives Market Revenues & Volume, By External Medical, 2021 - 2031F |
6.2.4 India Medical Adhesives Market Revenues & Volume, By Dental, 2021 - 2031F |
6.3 India Medical Adhesives Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Medical Adhesives Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 India Medical Adhesives Market Revenues & Volume, By Dental Clinics, 2021 - 2031F |
6.3.4 India Medical Adhesives Market Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031F |
6.4 India Medical Adhesives Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 India Medical Adhesives Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.4.3 India Medical Adhesives Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.4.4 India Medical Adhesives Market Revenues & Volume, By Cyanoacrylate, 2021 - 2031F |
6.4.5 India Medical Adhesives Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
7 India Medical Adhesives Market Import-Export Trade Statistics |
7.1 India Medical Adhesives Market Export to Major Countries |
7.2 India Medical Adhesives Market Imports from Major Countries |
8 India Medical Adhesives Market Key Performance Indicators |
8.1 Adoption rate of new medical adhesive technologies |
8.2 Rate of successful surgeries using medical adhesives |
8.3 Number of research and development collaborations for enhancing medical adhesive products |
8.4 Percentage of hospitals and healthcare facilities using medical adhesives for wound closure |
9 India Medical Adhesives Market - Opportunity Assessment |
9.1 India Medical Adhesives Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 India Medical Adhesives Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 India Medical Adhesives Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 India Medical Adhesives Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 India Medical Adhesives Market - Competitive Landscape |
10.1 India Medical Adhesives Market Revenue Share, By Companies, 2024 |
10.2 India Medical Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |