Medical Adhesives Market to be dominated by Bio-Adhesive Medical Segment through 2027
Growth in demand for
medical adhesives to drive global medical adhesive market in the forecast
period, 2023-2027.
According to TechSci Research
report, “Medical Adhesives Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2023-2027”, The global medical
adhesive market is anticipated to observe a stable growth during the forecast
period, 2017-2027. The major factors are an increase in consumption of
bio-adhesive medical instruments such as implants, wound healing and internal
medical treatment. These adhesives are built to adhere the biological tissues
and are more efficient to wounds. The traditional method used often leads to
more pain while removing and leaves a dark patch on the skin. Therefore, these
ambiguities are sorted by introducing skin adhesives which provide secure and
smooth skin closure, protection, strength during the closure.
However, the development of the new
medical appliances becomes tackier and expensive which may restrain the global
medical adhesive growth in the forecast period.
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The global
medical adhesive market is segmented into technology, resin type, natural resin type, synthetic &
semi-synthetic resin type, application, company. Based on technology, the
market is divided into water based, solvent based, hot melt, and others. Based
on Resin Type, the market is divided into Natural v/s Synthetic &
Semi-Synthetic. Based on Natural Resin Type, the market is divided into
Collagen, Fibrin, and Others. Based on synthetic &
semi-synthetic, the market is divided into Cyanoacrylate, Epoxy, Acrylic,
Polyurethane, and Others. Based on Application, the market is divided into
Dental, Surgery, Medical Devices and Others.
Based on
technology, the market is divided into Water Based, Solvent Based, Hot Melt,
and Others. The
hot melts segment is expected to hold the largest market size in the forecast
period, 2023-2027. Hot melt medical adhesives are used because of their various
advantages such as long durability, environmentally friendly, low cost, and
versatility.
Based on resin type, the market is divided into Natural v/s Synthetic & Semi-Synthetic. The synthetic and
semi-synthetic resin segment is expected to hold the highest market size in the
forecast period as these resin type can be modified to obtain best
characteristic properties for specific applications.
Based on natural
resin type, the market is divided Collagen, Fibrin, and others. Fibrin
and collagen are expected to account for a significant market size over the
next five years. They are cost-effective and flexible. Collagen based medical
adhesive are eco-friendly and the raw materials are available in abundance.
Based on synthetic
and semi-synthetic resin, the market is divided into Cyanoacrylate,
Epoxy, Acrylic, Polyurethane, and Others. The acrylic resin segment captures
the largest share of the medical adhesives market in this segment. Among
others, acrylic offers high bonding strength and does not need surface
preparation. Acrylic-based medical adhesives are widely used in assembling of medical
device, orthopedic surgeries, PSA, dental treatments, and other single use
medical products.
Based on application, the market is bifurcated into dental, surgery, medical
devices and others. The dental segment is rapidly growing application of
medical adhesives. This segment provide retention to composite fillings or
composite cement. These adhesives can also be utilized in pit & fissure
sealants and other dental restoration applications.
Major
operating companies operating in global medical adhesive market are:
·
Johnson &
Johnson
·
3M Company
·
Henkel AG & CO
KGAA
·
Baxter
International, Inc.
·
B. Braun Melsungen
AG
·
H.B. Fuller Company
·
Ashland, Inc.
·
Cohera Medical Inc.
·
Arkema Group
·
Dow Chemical Company
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“The Asia-pacific region
dominates the market and is predicted to maintain its dominance in the upcoming
years due to the rise in demand
for single-use medical products and increase in the medical implants market. Asia-pacific is one of the fastest
growing medical adhesive markets in the world. Moreover, due to increase in
population growth and demand for better medical facility, the medical adhesive
market is projected to grow through 2027.’ said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Medical Adhesive Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Technology (Water Based, Solvent Based, Hot
Melt, Others), By Resin Type (Natural v/s Synthetic & Semi-Synthetic), By
Natural Resin Type (Collagen, Fibrin, Others), By Synthetic &
Semi-Synthetic Resin Type (Cyanoacrylate, Epoxy, Acrylic, Polyurethane,
Others), By Application (Dental, Surgery, Medical Devices, Others), By Company
(2021), and By Region”, has evaluated the future
growth potential of medical adhesive market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global medical adhesive market.
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