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

Collagen

Fibrin

Others

Synthetic & Semi-Synthetic Resin Type

Silicone

Epoxy

Acrylic

Polyurethane

Cyanoacrylate

Others

Technology Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)

Solvent-based

Water-based

Solid & Hot-melt Based

Reactive & Others

Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)

External Surgery

Internal Surgery

Dental

Medical Devices & Equipment

Others

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)

Thank you for reading our research report. We also have a customization feature for the report to offer customized report to clients as per their requirement.   

About Us:
We are a boutique market intelligence and strategic consulting firm dedicated to make an meaningful impact on businesses across the globe. Our stellar estimation and forecasting models have earned recognition across majority of the business forum across the globe. Our services are arrayed over diverse sectors and industries looking to expand in alternative regions and products.