Covid-19 Impact on Medical Adhesives Market 2021-2025: Growth by Top Key Vendors- J&J, Baxter, B Braun, Henkel

BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Medical Adhesives Market” Research Report 2021 provides an in-depth analysis of the Medical Adhesives with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Medical Adhesives on the basis of a number of criteria, such as the product type, application, and its geographical presence.

Global Medical Adhesives Market Overview:

The Global Medical Adhesives Market research report is the investigation arranged by investigators, which contain a point by point examination of drivers, limitations, and openings alongside their effect on the Medical Adhesives Market development (2020 - 2025).

The most significant key factors driving the growth of the Global Medical Adhesives Market are rapid growth in population, income level, and health awareness in developing regions; high growth in the medical implants market; and increasing number of minimally invasive surgeries are encouraging the use of adhesives for wound closure.

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The Global Medical Adhesives Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Medical Adhesives Market is sub-segmented into Water-Based, Solvent-Based, Solids & Hot Melt and others. On the basis of Application, the Global Medical Adhesives Market is classified into Medical Device & Equipment, Internal Medical, External Medical and others.

In terms of the geographic analysis, The Medical Adhesives Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Medical Adhesives Market ecosystem results in the increasing adoption of these systems in North America.

International Medical Industry News:

Baxter (January 11, 2021) - Baxter BioPharma Solutions Announces Sterile Manufacturing Agreement for Novavax COVID-19 Vaccine - Baxter International Inc., a global leader in sterile medication production and delivery, today announced that Baxter BioPharma Solutions has entered into an agreement to provide sterile manufacturing services for NVX-CoV2373, Novavax’ COVID-19 recombinant nanoparticle vaccine candidate with Matrix-M adjuvant. Baxter BioPharma Solutions is a premier contract manufacturing organization that specializes in parenteral (injectable) pharmaceuticals, including vaccines. The agreement is expected to advance commercial-scale manufacturing essential for the vaccine’s production and distribution in the United Kingdom and European markets. Novavax’ COVID-19 vaccine candidate is currently in phase 3 trials and has not yet been authorized or approved for use. 

“The quest to develop vaccines for COVID-19 has reinforced the opportunity for industry partners to work together and contribute their unique capabilities and expertise for the benefit of all,” said Marie Keeley, vice president, Baxter BioPharma Solutions. “We welcome the opportunity to work with an innovative company like Novavax and look forward to helping bring their vaccine candidate to the market.”

According to Novavax, NVX-CoV2373 contains a full-length, prefusion spike protein made using Novavax’ recombinant nanoparticle technology and the company’s proprietary saponin-based Matrix-M™ adjuvant. The purified protein is encoded by the genetic sequence of the SARS-CoV-2 spike (S) protein and is produced in insect cells. It can neither cause COVID-19 disease nor can it replicate, is stable at 2°C to 8°C and is manufactured in a ready-to-use liquid formulation that permits distribution using standard vaccine supply chain channels.

“Our priority is to bring a safe, effective COVID-19 vaccine to people around the world,” said Rick Crowley, executive vice president, chief operations officer, Novavax. “Partners like Baxter BioPharma Solutions are enabling Novavax to quickly establish a commercial supply chain network to ensure access for global populations, and ultimately help bring about an end to the global COVID-19 pandemic.”

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Top Leading Key in Players Global Medical Adhesives Market: Ethicon (Johnson & Johnson), Covidien, B Braun, Henkel, Gem SRL, Glustitch, Baxter, Chemence, Adhesion Biomedical, Cohera Medical and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

With the presence of a large pool of participants, the Global Medical Adhesives Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Ethicon (Johnson & Johnson), Covidien, B Braun, Henkel, Gem SRL, Glustitch, Baxter, Chemence, Adhesion Biomedical, Cohera Medical are some of the key vendors of Medical Adhesives across the world. These players across Medical Adhesives Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

Region segment: Medical Adhesives Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Medical Adhesives in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Medical Adhesives Market Report 2021

1 Medical Adhesives Product Definition

2 Global Medical Adhesives Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Medical Adhesives Shipments

2.2 Global Manufacturer Medical Adhesives Business Revenue

2.3 Global Medical Adhesives Market Overview

2.4 COVID-19 Impact on Medical Adhesives Industry

3 Manufacturer Medical Adhesives Business Introduction

3.1 Ethicon (Johnson & Johnson) Medical Adhesives Business Introduction

3.2 Covidien Medical Adhesives Business Introduction

3.3 B. Braun Medical Adhesives Business Introduction

3.4 Henkel Ag & Company Medical Adhesives Business Introduction

3.5 Gem S.R.L. Medical Adhesives Business Introduction

3.6 Glustitch Medical Adhesives Business Introduction

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