January 27, 2021
According to the research report titled ‘GCC Medical Converters Market Analysis, 2020’, available with Market Study Report, GCC medical converters market is predicted to expand significantly during the period of 2021-2026.
Surging disposable income coupled with rapid urbanization are some of the primary growth stimulants of GCC medical converters market. This increasing urban population and infrastructure has resulted in emergence of several health-related disorders, further augmenting the demand for medical converters such as gowns, drapes and adhesives across the Gulf countries. Moreover, the outbreak of COVID-19 has impelled the demand for drapes and inhalation masks in order to reduce the spread of the diseases, thereby stimulating GCC medical converters industry outlook.
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GCC medical converters market report offers a granular analysis of this business sphere which consists of country-wise as well as regional market size, share, structure, segmentation, product type, technologies, application reach, competitive benchmarking and end-user scope.
Based on material type, the market is segmented into laminates, shielding paper, films & paper, adhesives, and others. The adhesive segment is further split into structural adhesives, PSA tapes, medical liquid devices, medical tapes & films, die-cut adhesives, conductive adhesives for medical applications and medical grade adhesives.
The report states that the adhesives segment is expected to grow significantly during the study duration, owing to the widespread adoption of the product in aerospace, electronics, transportation, and medical sector in Gulf countries.
The application scope of GCC medical converters market comprise of stick-to-skin applications, packaging, nonwovens, microfluidic devices, devices & equipment, cosmeceuticals, and body worn devices segments. the report states that the cosmeceuticals segment is likely to generate lucrative returns for the overall market in the upcoming years.
Collective inclination among women towards adopting cosmeceutical products owing to rising health concerns are favoring the overall market outlook. Also, surging investments by public entities towards developing an advanced healthcare infrastructure is propelling GCC medical converters market size from cosmeceutical applications.
Considering the geographical landscape, GCC medical converters market is split into Bahrain, Kuwait, Oman, Saudi Arabia, Qatar, and UAE.
3M Company, Henkel AG & Co. KGaA, and Omina Health are some of the key companies operating in GCC medical converters market.