Medical Adhesives Market Overview, Growth, New Launches, Regional Share Analysis
Posted by meera on October 26th, 2021
The latest research report published by Reports and Data centers around the global Medical Adhesives Market. It offers an in-depth scrutiny of the Medical Adhesives industry and expands on its key segments, including product type, technology, and end-use segments. In order to deliver a clear understanding of the market mechanism, the authors of the report have included key industry statistics and information on the latest market growth trends in the report. The report highlights some key industry growth aspects such as industry revenue growth rate, demand & supply ratios, production & consumption patterns, paradigm shifts in market trends, and a slew of macro-economic and micro-economic factors.
The global medical adhesives market size is expected to reach USD 14.78 Billion in 2028 and register a revenue CAGR of 7.0% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is primarily driven by factors such as increasing utilization of medical adhesives for internal and external surgeries and rising demand for Personal Protection Equipment (PPE) and drug delivery devices globally. Medical adhesives such as cyanoacrylate are replacing sutures in external applications as these are single-component, catalyst-free adhesives, which are capable of bonding at room temperature within a few seconds.
Some of the leading market players in the global Medical Adhesives market including:
Ethicon, Inc. (Johnson & Johnson), Henkel AG & Co. KGaA, 3M, Baxter International Inc., Nitto Denko Corporation, B. Braun (B. Braun Melsungen), H.B. Fuller Company, Bostik (Arkema), Chemence, and CryoLife, Inc.
Asia Pacific is expected to register fastest revenue CAGR between 2021 and 2028. Rapid revenue growth is attributed to factors such as increasing investments in research and development activities, rapidly growing industrial sector and building and construction sector and high demand for raw material across various sectors.
Market segment analysis:
Resin Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
Natural Resin Type
Synthetic & Semi-Synthetic Resin Type
Technology Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
Solid & Hot-melt Based
Reactive & Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
Medical Devices & Equipment
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
North America (U.S., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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About the Authormeera
Joined: April 2nd, 2021
Articles Posted: 232
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