Medical Adhesive Market Size & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Medical Adhesive
Market. Market Insights The global medical
adhesive market is expected to grow at a CAGR of
more than 8.5 over the forecast period. This
growth is mainly attributed to the rising
consumer health awareness and growing demand for
medical services equipment, restorative, dental
fabrication among others. Moreover, the
increasing population coupled with technological
advancements is also likely to boost the market
growth over the coming years. However, stringent
regulations associated with medical grade product
and lack of reimbursement policies with regards
to application of synthetic medical adhesives is
projected to affect the profitability of market.
Medical Adhesive Market Type Insights On the
basis of type, the medical adhesive market is
segmented into natural and synthetic
semi-synthetic resins. While the market for
natural resin is further segmented into Collagen
and Fibrin among others, the synthetic
semi-synthetic resins are segmented into Acrylic
Adhesive, Polyurethane, Cyanoacrylate, Epoxy and
Silicone. The market for synthetic
semi-synthetic resins is expected to occupy the
highest share owing to rising application of
acrylic, polyurethane and adhesive resins. The
rising application of acrylic resins on account
of factors such as high strength, resistance
against
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
shocks and impact among others is expected to
fuel the market growth. Moreover, owing to its
superior peel sheer nature the acrylic resins
are projected to be increasingly used for
bandages and other medical products. The
polyurethane segment is also anticipated to grow
significantly over the forecast period owing to
inherent factors such as high chemical, impact
resistance and flexibility among
others. Medical Adhesive Market Application
Insights Medical Adhesive is widely used in
dental, medical devices equipment, internal
medical and external medical applications among
others. The device equipment segment is
anticipated to dominate the market over the
forecast period owing to rising application of
adhesives for surgical tools and assembling of
devices and equipment. The medical services
segment is anticipated to occupy the highest
share over the years on account of increasing
application of adhesives in dental, implant,
wound closure, apparatus, pressure sensitive,
and tissue bonding. Medical Adhesive Market
Regional Insights Europe and North America are
expected to emerge as key revenue generating
regions. This can be associated to increasing
manufacturing activities in these regions. The
market in Asia Pacific, particularly Japan is
also likely to showcase immense growth potential
over the forecast period owing to increasing
government support towards medical device segment
and commodity hospital supplies.
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Medical Adhesive Market End-Use Landscape The
end-use landscape entails a list of current and
prospective consumers prevailing across the
regions. This section provides company addresses,
contact details, products, and regional presence
of companies who are purchasing or are likely to
medical adhesives over the coming years. Some
leading consumers of this market are CVS Health,
Johnson Johnson, Cardinal Health Inc.,
Medtronic Inc. and Fresenius Medical Care AG
Co. KGAA. Medical Adhesive Market Share
Competitor Analysis The global market for this
product is expected to be significantly large due
to the presence of numerous manufacturers. The
key players include GluStitch Inc. (Canada),
Bostik Ltd. (France), Henkel AG Company
(Germany), Chemence Ltd. (U.K.), Cyberbond LLC
(The U.S.), Covidien Ltd. (Ireland), CryoLife,
Inc. (The U.S.), Gem S.r.l (Italy), Adhezion
Biomedical (The U.S.), Biocoral, Inc. (France),
3M Company (U.S.), Baxter International Inc.
(U.S.) and B. Braun Melsungen AG (Germany) . In
December 2017, Nemaura Medical Inc., a medical
technology company launched its new product,
sugarBEAT, a wireless disposable adhesive
skin-patch which is connected to a transmitter.
The product can be used by diabetic patients as a
non-invasive and needle-free glucose reading
system. In December 2017, Chemence Medical,
Inc., a manufacturer and distributor of adhesive-
based medical devices, announced to launch
Exofin Fusion, a new skin closure system for
medium to large wounds.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• The report segments the Medical Adhesive Market
  on the basis of By Type
• Natural Resin
• Synthetic Semi-Synthetic Resin
• By Technology
• Water
• Solvent
• Solids Hot Melt
• Others
• By Application
• Dental
• Medical Devices Equipment
• Internal Medical
• External Medical

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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
This article contains text from the Medical
Adhesive Market Size Analysis Forecasts To
2025 report prepared by Global Market
Estimates. For more information or to buy the
report, please visit https//www.globalmarketest
imates.com/medical-adhesive-market/ Check our
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