MarkNtel Advisors analyses the growth rate of the Medical Adhesives market in the forecast period from 2023 to 2028. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Medical Adhesives market, helping them make informed decisions.
Market Outlook – 2023-2028:
The Global Medical Adhesives Market is projected to grow at a CAGR of around 25% during the forecast period, i.e., 2023-28. The growth of the market is likely to be driven majorly by the rising application of adhesives in dental care procedures, cardiovascular surgeries, and fixing & bonding medical equipment. The demand for medical adhesives primarily arises from the manufacturers of medical protective wear products such as masks or pharmaceutical industries in the formation of bandages, surgical tapes, etc. The doctors & the hospital staff are at a greater risk of Healthcare Associated Infection (HAI), therefore the necessity of wearing masks all the time has augmented the demand for electrically conductive medical adhesives.
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Key Company Profiles
This report explores recent significant developments in the Medical Adhesives Market, focusing on the leading companies and their innovative profiles. The major players in the Medical Adhesives Market, featured in this report, include:
- Ethicon, Inc.
- Henkel AG & Co. KGaA
- Braun Melsungen AG
- Adhezion Biomedical, LLC
- Covidien (Medtronic)
- Dentsply Sirona
- Advanced Medical Solutions Group PLC
- Becton Dickinson (BD)
- B. Fuller Company
- Ashland Inc
- Arkema Group
- Chemence
- Cohera Medical Inc.
- GluStitch
- GEM S.R.L
- Others (Adhesive Systems Inc, Engineering Adhesives & Lubricants (Aust) Pty Ltd)
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Market Segmentation & Coverage
This research report by MarkNtel Advisors categorizes the Medical Adhesives Market to forecast revenues and analyse trends across each of the following sub-markets:
- By Technology
- Water Based
- Solvent Based
- Solid & Hot Melt
- By Type
- Pressure Sensitive Adhesives
- Dissolvable Adhesives
- Electrical Conductive Adhesives
- By Resin
- Natural
- Collagen
- Fibrin
- Synthetic & Semi-synthetic
- Cyanoacrylate
- Epoxy
- Acrylic
- Polyurethane
- Others (Silicone, Polyamide, etc.)
- Natural
Of both, Synthetic & Semi-synthetic resins acquired the largest market share owing to more functionalities they provide for post-operative treatment.
- By Application
- Dental
- Internal & External Surgeries
- Cardiovascular
- General
- Orthopedic
- Urological
- Others (Pulmonary, Ophthalmic, etc.)
- Medical Devices & Equipment
- Needles & Syringes
- Catheters
- Others (Face Mask, Tube sets)
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Global Medical Adhesives Market Driver:
Expanding Oral Hygiene Consciousness to Foster Growth for Dental Fixture Adhesives - In the past few years, there has been a substantial rise in the usage of medical adhesives & sealants in the fields of dental implants, periodontics, and prosthodontics owing to the increasing awareness related to oral health among patients. The advancement in terms of technology & equipment used for dental care has led to the emergence of better dental care procedures & replaced conventional dental care procedures. The application of adhesives has considerably surged in dental care to fix dentures & provide stability by preventing the dentures from slipping out.
Moreover, dental adhesives aid patients with dry mouth in preventing denture adherence, thus making them more necessary in dental care. The uptick in oral problems such as cavities, Edentulism, and others, has elevated the need for medical care for dental issues because patients are experiencing tooth loss at an earlier age. As a result of the population's reliance on dentures as an alternative to permanent teeth, the demand for medical treatment involving the use of medical adhesives has been enhanced.
Furthermore, medical practitioners have adopted medical adhesives due to the distinguishing characteristics they possess, such as being skin-friendly & more effective. Hence, the market for medical adhesives is primarily driven by the widespread use of adhesives in medical treatments and the emergence of health concerns.
Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
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