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Medical Adhesives and Sealants Market Forecast to 2027 - COVID-19 Impact and Global Analysis by 3M, Adhesys Medical GMBH, Glaxosmithkline Plc, Closure Medical Corporation

06-03-2020 05:36 PM CET | Health & Medicine

Press release from: The Insight Partners

Medical Adhesives and Sealants Market Forecast to 2027 -

Medical Adhesive and Sealant Market for Synthetic Segment to Grow at High CAGR during Forecast Period

According to the latest study on “Medical Adhesive and Sealant Market to 2027 – Covid-19 Impact and Global Analysis and Forecast – by Product and Application,” the market is expected to reach US$ 17,468.1 million by 2027 from US$ 9,867.9 million in 2019. The market is estimated to grow at a CAGR of 7.5% from 2020 to 2027. The report provides trends prevailing in the global medical adhesive and sealants market, and the factors driving the market growth along with those hindering it.

Based on product, the global medical adhesive and sealants market is segmented into synthetic and natural segments. The synthetic segment held a larger share of the market in 2019; it is further estimated to register a higher CAGR in the market during the forecast period. The growth of the synthetic segment is attributed to versatility and high-quality performance by the synthetic adhesives over natural adhesives. Moreover, these adhesives can be modified as per the need and have better adhesion properties than the natural adhesives. These factors are likely to enhance the market growth of the segment during the forecast period. Based on application, the medical adhesive and sealants market is segmented into dental, internal, and external.

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Application Insights
Based on application, the companion animal diagnostics market is segmented into dental, internal, and external. The dental segment held the largest share of the market in 2019, and the internal segment is estimated to register the highest CAGR in during the forecast period.


Strategic Insights
The product launch and approval strategies are commonly adopted by companies to expand their global footprint and product portfolio to meet the growing consumer demand. The medical adhesives and sealants market players adopt the strategy of collaborations to enlarge customer base worldwide, which also permits them to maintain their brand name globally.

Global Medical Adhesives and Sealants Market – By Product
• Synthetic
o Acrylic
o Silicone
o Cyanoacrylate
o Polyethylene Glycol
o Others
• Natural
o Collagen
o Fibrin
o Albumin
o Others

Global Medical Adhesives and Sealants Market – By Application
• Dental
o Denture Bonding
o Pit and Fissure Sealants
o Restorative Adhesives
o Luting Cements
o Orthodontic Bonding
o Tray Adhesives
o Dental Surgical Tissue Bonding
• Internal
o Bone
o Cardiovascular
o Cranial
o Pulmonary
o Abdominal
o Others
• External
o Tissue Bonding Agents
o Prosthesis Bonding Agents
o Others

Key factors driving the growth of the medical adhesive and sealants market are increasing number of medical implant/transplant procedures and rising adoption of minimally invasive procedures. Moreover, wide applications in medical devices and drug delivery systems are likely to have positive impact on the market in the coming years. However, complication related to medical adhesives and sealants restrict the market growth.

3M, Adhesys Medical GMBH, Glaxosmithkline Plc, Closure Medical Corporation, Henkel AG And CO. KGAA, Mactac, Dymax Corporation, Ellsworth Adhesives, Puritan Medical Products, and Dentsply Sirona are among the leading companies operating in the medical adhesive and sealants market.

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Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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