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Medical Adhesive Market: Rising Demand for Electronic and Automotive Application, Healthcare Industry with Top Competitors and Global Forecast to 2025
Global Medical Adhesive Market
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Global Medical Adhesive Market is expected to reach USD 18.1 billion by 2025, from USD 7.8 billion in 2017 growing at a CAGR of 10.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Medical Adhesive Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the medical adhesive market in the next 8 years. Medical adhesive is a sticky material used in medical industry .Medical Adhesive are applied in seal wounds equipment, medical tapes, and dressing or patch the skin, fabrication component. Based on origin of resin it is classified into Natural and synthetic medical adhesive. It has wide number of application in medical sector such as, for bone and enamel reconstruction during surgeries, dental, tissue bonding, wound care, fixation tapes and others. It should be used by medical professional only with proper technique or it will cause infection and pain.
Major Market Drivers:
• Rising usage by the end users
• Increase demand for the electronic and automotive application.
• technological advancement
• Increasing demand from healthcare industry
• Growing number of geriatric consumers
• Growth in surgical procedures/operations
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Market Segmentation:
• The global medical adhesive market is segmented based on resin type, technology, application, and geographical segments.
• Based on resin type, the global medical adhesive market is segmented into natural and semi synthetic/synthetic. Natural is sub segmented into collagen, fibrin, and others and semi synthetic/synthetic is sub segmented into epoxy, acrylic, silicone, cyanoacrylate and others.
• On the basis of technology, the global medical adhesive market is segmented into solid & hot melt, water based, solvent based.
• On the basis of application, the global medical adhesive market is classified into dental, internal medical equipment, medical device & equipment, external medical equipment and others.
• Based on geography, the global medical adhesive market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Competitive Analysis:
The global medical adhesive market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical adhesive market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
• Ethicon US, LLC.,
• Medtronic,
• B. Braun Melsungen AG,
• Henkel AG & Co. KGaA,
• Cohera Medical Inc.,
• John Wiley & Sons Inc.,
• Chemence,
• Baxter.,
• Gem srl,
• GluStitch H.B. Fuller Company.,
• CryoLife Inc,
• 3M,
• Ashland and others.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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