Medical Device Adhesive Market To Sale US$ 11,759.07 million in 2027 | Top companies Permabond, Panacol-Elosol, Master Bond, H.B. Fuller Company, Epoxy Technology

The global medical device adhesives market is expected to reach US$ 11,759.07 million in 2027 from US$ 6,642.85 million in 2019. The market is estimated to grow with a CAGR of 7.5% from 2020-2027. Driving factors include increasing usage of medical device adhesives and technological advancements in medical device adhesives. However, complications associated with these solutions are likely to hamper the growth of the market to a certain extent.

Medical Device Adhesives are ideal for array medical applications. These solutions range from a scope of Q-tip to an X-ray machine. The medical device adhesives are commonly used for bonding of plastics and metals. Some of the medical device adhesives require passing of biocompatibility testing for structural bonding of equipment. Some of the materials majorly used in formulation of these adhesives include cyanoacrylates, anaerobics, UV-curable and others.

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Company Profiles
1. Dymax Corporation
2. Henkel AG & COMPANY, KGAA
3. Epoxy Technology, Inc.
4. Master Bond
5. H.B. Fuller Company
6. Adhesives Research
7. INCURE INC.
8. Permabond LLC
9. 3M
10. Dr. Hönle AG

The adhesives and sealants are used as an alternative to surgical sutures and staples. The medical practitioners are progressively adopting different types of medical consumables such as catheters needles and others, which, in turn, are projecting the demand for medical adhesives and sealants. For instance, organ transplant is one of 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 and bleeding. The adhesives and sealants can help in preventing such complications.

Further, the wearable medical devices are relatively tricky to design and have various issues related to components, functions, and materials that are required for consideration before the performance of the device. The medical device adhesives offer high reliability and are able to withstand critical conditions. In order to mitigate these challenges, there has been development of various types of sealants and adhesives as there is no single sealant that works for all roles. This is likely to foster the growth of the market during the forecast period.

Based on resin type, the medical device adhesives market was segmented into acrylic, silicone, cyanoacrylates, polyurethane, light curing, and epoxy. In 2019, the acrylic segment accounted for the highest share in the market and is likely to retain its dominant share owing to the factors such as evident use of acrylic solutions in wide range of applications such as dental, assembly of medical devices and equipment. Furthermore, medical grade acrylic is also ideal for use in interior and well as exterior medical applications that include skin tissue adhesives.

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Device Adhesive Market - By Resin Type
1.3.2 Medical Device Adhesive Market - By Usage
1.3.3 Medical Device Adhesive Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL DEVICE ADHESIVE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEDICAL DEVICE ADHESIVE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS

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