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Medical Adhesives and Sealants Market Business Experts Ideas By Mactac, Dymax, Ellsworth Adhesives, Puritan Medical Products

10-19-2020 06:26 AM CET | Health & Medicine

Press release from: The Insight Partners

Medical Adhesives and Sealants Market Forecast to 2027

Medical Adhesives and Sealants Market Forecast to 2027

Drug delivery systems are medical devices used to inject drugs or chemicals into the body. Some of the drug delivery systems available in the market include transmucosal, oral, pulmonary, injectable, topical, nasal, implantable, and ocular, among others. Drug delivery systems are primarily used for the controlled or targeted delivery of various therapeutic agents to treat various diseases or improve the patient health. The global medical adhesives and sealants market is driven by factors such as increasing number of medical implantation/transplantaion procedures being carried out and rising adoption of minimal invasive procedures. However, complications related to medical adhesives and sealants hamper the market growth. Additionally, future trends owing to increasing development in medical adhesive and sealant technologies are expected to propel the market during the forecast period.

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The medical adhesive and sealants market is expected to reach US$ 17,468.1 million in 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.

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.

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.

Medical adhesives and sealants (MAaS) are used as an aid to prevent blood loss during different surgical procedures such as cardiovascular surgeries, organ implants, and orthopedic procedures. The MAaS facilitates natural wound healing, prevents air and liquid leakages during and after surgical procedures and other applications. The adhesives and sealants are used as alternatives to surgical sutures and staples. The medical practitioners are increasingly adopting different types of such products, which, in turn, is projecting the demand for medical adhesives and sealants.

For instance, organ transplant is among the surgical producers that involve large incisions on the human body. Post-surgical wounds are sealed with the help of surgical sutures and staples; the wound needs to be healed fast to avoid post-operation complications such as wound infection, bleeding, and others. The adhesives and sealants can help in preventing such complications. As per the Health Resources and Services Administration, a division of the US government, about 39,718 organ transplant procedures were performed in 2019. It was further stated that it was a new record high for the past seventh successive years.

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An outline of the regional analysis:

• Geographically, the report segments the Medical Adhesives and Sealants market into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America.
• Contribution of each region to the overall market share, along with their growth rate forecast are mentioned in the report.
• Total sales and revenue generated by each regional market are illustrated.
• Comprehensive assessment of all opportunities and risks in the Medical Adhesives and Sealants market.

About Us:
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 are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

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