Staff Reporter
Published:
Medical stick-to-skin adhesives market to reach $4.08b by 2030
However, pricing pressures can restrain growth.
The medical stick-to-skin adhesives market is expected to reach $4.08b by 2030 at a compound annual growth rate of 7%, according to a MarketsandMarkets report.
The sector’s expansion is attributed to the rising adoption of wearables and the growing prevalence of chronic wounds.
Moreover, the increasing preference of hospitals for advanced adhesive dressings is further driving market growth.
“However, pricing pressure from tendering and private-label competition restrains market expansion,” the report said.
Read Here
Advertise
Sign Up
