Medical Adhesives Market Insights, Growth and Investment Feasibility By 2028

Posted by aartimurkute on February 15th, 2022

Increasing use of medical adhesive tapes, and adhesive pastes during the various surgical procedures remains the key factor driving medical adhesives market growth. Despite a set of concerns surrounding the potential risk of cross-contamination that follows the use of such adhesives, demand for medical adhesives is expected to see an uptrend. This is attributable to soaring preference for minimally invasive surgeries that ultimately leads to shorter hospital stays, and faster recovery. The latest upcoming study of Fairfield Market Research indicates a strong growth outlook for global medical adhesives market over the course of next few years.

Sales of Medical Adhesives Buoyant Despite Challenges

Time efficiency, higher effectiveness, superior flexibility, strength, and waterproof attributes of medical adhesives will remain the key boosters to medical adhesives market growth, says the report. These adhesives also aid in the process of post-surgical infection prevention. There has been mounting demand growth in non-toxic, bio-based medical ingredients over the recent past, especially in case of applications like dressings, and sutures. This is expected to uphold the growth of medical adhesives market in future.

However, challenges to rapidly soaring adoption continue to persist when it comes to the regulatory restrictions regarding their chemical, and potentially carcinogenic content. Another strong restraining factor that faces medical adhesives market is the uncertainty of the intactness, and flexibility of these adhesives even after drying up. While a greater number of surgeons giving preference to medical adhesives over conventional sutures, or stitches, the challenges are soon likely to be resolved, thereby pushing market growth further.

Fibrin Natural Resin Most Sought-after Adhesive among Medical Practitioners

Fibrin natural resin will continue to be the most sought-after choice among medical and healthcare professionals as it is an excellent sealant that contains huma plasma-derived autologous tissue as its key active ingredient. The quick-sealing property, and convenient usage of the fibrin adhesive glue are expected to continue positioning it as the most widely used medical adhesive by medical practitioners worldwide, especially in case of open wounds. Moreover, allergy-free attributes of fibrin natural resin medical adhesive tapes, and glues have been garnering popularity over the recent past, which promises to push market growth further in future.

Asia Pacific Remains a Highly Lucrative Market

The report based on its preliminary findings suggests that the developing economies in Asia Pacific will remain at the forefront of demand generation. Asia Pacific, with high population and the rapidly expanding patient pool reaching hospitals for a certain surgery, will continue to be the most significant market for manufacturers of medical adhesives. Applications like bandages, splints, sutures, dressings, and tubing are likely to encourage the maximum adoption here. Demand from healthcare professionals, research laboratories, and pharmaceutical companies is likely to drive market expanse in the Asian subcontinent.

Competition Analysis – Global Medical Adhesives Market

3M, B. Braun Melsungen AG, Henkel AG & Company, DENTSPLY International Inc., Smith and Nephew plc., and Aesculap AG (Germany) represent some of the major players driving competition in global medical adhesives market. A majority of these companies continue to leverage consistently healthy demand generation from the key end-use categories, i.e., biotechnology companies, pharmaceutical brands, and research institutes.

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