Medical Adhesives Market at a CAGR of 7.0% by 2026| Ethicon, Inc., 3M, Baxter International, Henkel AG & CO KGAA, B. Braun Melsungen AG

Medical Adhesives Market research report has been produced with the systematic gathering of market information for the Medical Devices industry. All this information is supplied in such a way that it properly gives an explanation of various facts and figures to the business. The market data provided in this report helps to discover diverse market opportunities present worldwide for the Medical Devices industry. This report gives accurate information about market trends, industrial changes, and consumer behaviour etc. Taking up such market research report is always very advantageous for any company, whether it is a small scale or large scale, for marketing of products or services. Analytical study of Medical Adhesives Market report helps in mapping growth strategies to increase sales and build brand image in the market.

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The key companies profiled in this report are Ethicon, Inc. (US), 3M (US), Baxter International (US), Henkel AG & CO KGAA (Germany) and B. Braun Melsungen AG (Germany).

The Medical adhesive market is projected to grow from USD 8.8 billion in 2021 to USD 12.3 billion by 2026, at a CAGR of 7.0% between 2021 and 2026. The key factor driving the growth of the market is increasing demand from healthcare industry.

“Surgical application segment is estimated to be the largest segment of the Medical adhesive market.”

In many situations, sutures are time-consuming for long or multiple lacerations, hence, the adhesives play a great role. The key benefit of applying an adhesive layer with stitches on a wound closure is that the adhesive overlays the entire wound as a whole. This coverage acts as a preventive measure from secondary bleeding, thus reducing the risk of infection during the healing process. Gluing the skin is a quick method that saves surgery time, along with being low-cost. This method has aesthetic benefits as it does not involve stitch removal.

In internal surgeries, the use of bio-based medical adhesives provides rapid and efficient coagulation, decreases the risk of post-surgery internal bleeding, reduces post-surgery hospital stays, and lowers the number of blood transfusions during surgery as well as the potential for infection, among other functions and benefits.

“Asia Pacific is the forecasted to be the fastest-growing Medical adhesive market during the forecast period.”

Asia Pacific is forecasted to be the fastest-growing Medical adhesive market during the forecast period. The Asia Pacific market is expected to witness significant growth due to the rising use of Medical adhesives in various industries, such as dental, surgery, medical devices and equipment and others use in countries such as China, India, and South Korea.

Extensive primary interviews have been conducted, and information has been gathered from secondary research to determine and verify the market size of several segments and sub-segments.

Breakdown of Primary Interviews:

By Company Type: Tier 1 – 50%, Tier 2 – 30%, and Tier 3 – 20%
By Designation: C Level – 30%, D Level – 20%, and Others – 50%
By Region: Asia Pacific – 30%, North America – 30%, Europe – 20%, South America- 10%, and the Middle East & Africa – 10%

Research Coverage:

The Medical adhesive market has been segmented based on Technology (Water based, Solvent based, Solids and Hot melts, and others), by natural resin (collagen, fibrin, and others), by synthetic and semi-synthetic resin (Cyanoacrylate, Acrylic, Polyurethane, Epoxy, Silicone, and others), by application (Dental, Internal & External Surgery, Medical devices and equipment, and others) and by Region (APAC, North America, Europe, South America, and Middle East & Africa).

Reasons to Buy the Report

From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on Medical adhesive offered by top players in the market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for Medical adhesive across regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Market Inclusions
1.2.2 Market Exclusions
1.3 Market Scope
1.3.1 Regions Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Medical Adhesives Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Primary Data Sources
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown Of Primary Interviews
2.2 Market Size Estimation
Figure 2 Medical Adhesives Market Size Estimation
2.2.1 Bottom-Up Approach
Figure 3 Market Size Estimation: Bottom-Up Approach
2.2.2 Top-Down Approach
Figure 4 Market Size Estimation: Top-Down Approach
2.3 Market Forecast Approach
2.3.1 Supply-Side Forecast
2.3.2 Demand-Side Forecast Projection
2.4 Growth Rate Assumptions/Growth Forecast
2.5 Data Triangulation
Figure 5 Medical Adhesives Market: Data Triangulation
2.6 Factor Analysis
2.7 Assumptions & Limitations
2.7.1 Research Assumptions
2.7.2 Research Limitations
2.8 Risk Analysis Assessment

3 Executive Summary
Table 1 Medical Adhesives Market Snapshot, 2021 Vs. 2026
Figure 6 Fibrin Was The Leading Natural Resin Segment In 2020 (Value)
Figure 7 Acrylic Was The Leading Synthetic Resin Segment In 2020 (Value)
Figure 8 Dental Segment Was The Largest Application In 2020
Figure 9 North America Was The Largest Market In 2020

4 Premium Insights
4.1 Attractive Opportunities In The Medical Adhesives Market
Figure 10 Medical Adhesives Market To Witness High Growth Between 2021 And 2026
4.2 Medical Adhesives Market, By Technology
Figure 11 Cyanoacrylate To Be The Fastest-Growing Segment
4.3 Asia Pacific Medical Adhesives Market, By Application And Country, 2020
Figure 12 Medical Device & Equipment Segment Accounted For The Largest Share
4.4 Medical Adhesives Market, By Key Countries
Figure 13 India To Be A Lucrative Market For Medical Adhesives
4.5 Medical Adhesives Market, Developed Vs. Developing Countries
Figure 14 Market In Developing Countries To Grow Faster Than In Developed Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 15 Drivers, Restraints, Opportunities, And Challenges For Medical Adhesives Market
5.2.1 Drivers
5.2.1.1 Rise In Population, Income Level, And Health Awareness In Developing Countries
5.2.1.2 High Growth Of The Medical Implants Market
5.2.1.3 Increase In Demand For Single-Use Disposable Medical Products
5.2.1.4 Increasing Use Of Cyanoacrylate-Based Tissue Adhesives
5.2.2 Restraints
5.2.2.1 Rising Cost Of Healthcare Facilities
5.2.2.2 Low Shelf-Life Of Adhesives
5.2.3 Opportunities
5.2.3.1 Growing Healthcare Industry In Developing Regions
5.2.3.2 Advancement Of Medical Device & Equipment
5.2.4 Challenges
5.2.4.1 Stringent Regulations And Lengthy Approval Process
5.2.4.2 Variation In Regulations Across Countries
5.3 Porter’s Five Forces Analysis
Table 2 Medical Adhesives Market: Porter’s Five Forces Analysis
Figure 16 Medical Adhesives Market: Porter’s Five Forces Analysis
5.3.1 Threat Of New Entrants
5.3.2 Threat Of Substitutes
5.3.3 Bargaining Power Of Suppliers
5.3.4 Bargaining Power Of Buyers
5.3.5 Intensity Of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Introduction
5.4.2 Trends And Forecasts Of Gdp
Table 3 Gdp Growth Trends And Forecasts (Percentage Change), Usd Billion (2015–2026)
5.4.3 Trends And Forecasts Of Healthcare Industry
5.5 Covid-19 Impact
5.6 Covid-19 Economic Assessment
Figure 17 Economic Outlook For Major Countries
5.6.1 Covid-19 Economic Impact: Scenario Assessment
Figure 18 Factors That Impacted Economy Of Select G20 Countries In 2020
5.7 Impact Of Covid-19 On End-Use Industries
5.7.1 Impact On Healthcare Industry
5.8 Impact Of Covid-19 On Regions
5.8.1 Impact Of Covid-19 On Apac
5.8.2 Impact Of Covid-19 On North America
5.8.3 Impact Of Covid-19 On Europe
5.8.4 Impact Of Covid-19 On Middle East & Africa
5.8.5 Impact Of Covid-19 On South America
5.9 Value Chain Analysis
Figure 19 Medical Adhesives: Value Chain Analysis
Table 4 Medical Adhesives Market: Supply Chain Ecosystem
5.10 Average Selling Price Analysis
Figure 20 Average Selling Price Of Medical Adhesives, By Region
5.11 Ecosystem/Market Map
Figure 21 Adhesives & Sealants Market: Ecosystem
5.12 Revenue Shift And New Revenue Pockets For Medical Adhesives Manufacturers
Figure 22 Revenue Shift In Medical Adhesives Market
5.12.1 Healthcare
5.12.1.1 Wearable Medical Devices
5.12.1.2 Microfluidics-Based Poc And Loc Diagnostic Devices For Laboratory Testing
5.13 Export–Import Trade Statistics
Table 5 Exports Data For Medical Adhesives, 2020
Table 6 Imports Data For Medical Adhesives, 2020
5.14 Patents Analysis
5.14.1 Methodology
5.14.2 Publication Trends
Figure 23 Number Of Patents Published, 2015–2021
5.14.3 Patents Analysis, By Jurisdiction
Figure 24 Patents Published By Each Jurisdiction, 2015–2021
5.14.4 Top Applicants
Figure 25 Patents Published By Major Applicants, 2015–2021
Table 7 Recent Patents By Companies
5.15 Regulations
5.16 Case Study Analysis
5.16.1 Case Study 1: Biocompatible Epoxies For Medical Device Manufacturing
5.16.2 Case Study 2: Uv Adhesive Cures Time Problem For Brandon Medical
5.16.3 Case Study 3: Bonding Solutions For Needle Assemblies

6 Medical Adhesives Market, By Technology

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