Global Medical Adhesive Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027
“Global Medical Adhesive Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global medical adhesive market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global medical adhesive market report has been segmented on the basis of natural resin type, synthetic & semi-synthetic resin type, formulating technology, application, and region.
The medical adhesives are majorly used in medical industry to close up wounds, patch or dressing the skin, fix medical device such as tape, and others. Medical adhesives are utilized majorly in surgical care. It is utilized for enamel and bone reconstruction during surgeries. There are variety of products involved in medical adhesives such as patches, dressing, electrode, tapes, and ostomy supplies. Medical adhesives have to be utilized by medical professionals with an appropriate techniques or else it may lead to infection or pain.
Increasing demand for medical adhesives across various end-use industries such as dental and medical device & equipment is a major factor estimated to drive growth of the global market over the next few years. In addition, increasing scope of its application in internal and external medical industry is another factor estimated to support revenue growth of the global market over the next few years.
In addition, increasing aging population and advanced medical procedures is another factor estimated to increase medical adhesives demand, which in turn anticipated to drive growth of the global market in the next few years.
However, fluctuating raw material prices is a key factor expected to hamper the growth of the global market to certain extent
The epoxy synthetic & semi-synthetic resin type segment is expected to account for major share in terms of revenue in the global medical adhesive market, owing to increasing demand from dental and medical device & equipment sectors. The epoxy synthetic & semi-synthetic resin type segment revenue is also anticipated to register highest CAGR over the forecast.
The dental application segment is expected to account for major share in terms of revenue in the global medical adhesive market. The dental application segment revenue is also anticipated to register highest CAGR over the forecast.
Asia Pacific medical adhesives market is estimated to account for major share in terms of revenue in the target market. In addition, Asia Pacific market is also projected to register fastest growth in terms of revenue over the next 10 years, owing to increasing demand from dental and medical equipment sectors in countries in this region. In addition, increasing investments by external and internal medical applications owing low cost labor and easy availability of raw material in various countries such as India and China in Asia Pacific, and rising demand for these adhesives from various other medial sectors are other key factors projected to drive growth of the Asia Pacific market in the next few years. The market in China is projected to account for significant share in terms of revenue in the Asia Pacific market.
Global Market Segmentation:
Segmentation by natural resin type:
- Others (Albumin, cellulose, and amino acid derivatives)
Segmentation by synthetic & semi-synthetic resin type:
Segmentation by formulating technology:
- Solids & Hot Melt
Segmentation by application:
- Medical Device & Equipment
- Internal Medical Applications
- External Medical Applications
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Covidien plc
- Braun Melsungen AG
- Henkel AG & Co. KGaA
- GEM S.r.l.
- GluStitch Inc.
- Baxter International Inc.
- Chemence Inc.
- Adhezion Biomedical, LLC
- Cohera Medical, Inc.
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