Press release
Medical Adhesives Market worth $12.3 billion in 2026 | Key players Ethicon, Inc., 3M, Henkel AG & CO KGAA, Baxter International, B. Braun Melsungen AG
According to recent market research "Medical Adhesives Market by Natural Type, Synthetic & Semi-synthetic Resin Type (Acrylic, Silicone, Cyanoacrylate, PU, Epoxy), Technology (Water based, Solvent based, and Solids and Hot melts), Application, and Region - Global Forecast to 2026", The market size for Medical adhesives is projected to grow from USD 8.8 billion in 2021 to USD 12.3 billion in 2026, at a CAGR of 7.0%. Growing demand for Medical adhesives due to rise in population, income level, and health awareness in developing countries.Browse 257 market data Tables and 45 Figures spread through 280 Pages and in-depth TOC on "Medical Adhesives Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/medical-adhesive-market-41880473.html
Surgical application is the fastest-growing segment of the overall Medical adhesives market. There are various major issues created by the sutures like traumatic punctures to surrounding tissue from needle, which is especially detrimental for vital organs such as liver or lung, where stopping leaks of blood and air by suturing is difficult. The incorrect positioning or tightness might lead to the development of fibrous scar tissue caused by epidermal ingrowth along the suture track. 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.
North America accounts for the largest share of the Medical adhesives market in the region. This growth indicates the prominence of the North American market. Several factors have contributed to the rise of North America as one of the leading regions for medical adhesives. These factors include the aging population, increased awareness about the benefits of non-invasive surgery procedures, and technological advancements in the healthcare industry that have led to the surge in the use of medical adhesives in the region, especially in the US and Canada. North America has also been witnessing a higher demand for implant procedures, such as prosthetic hips and knees, which has led to an increase in the manufacturing of these specialized products across the region.
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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. North America is estimated to be the largest consumer of Medical adhesives. The global Medical adhesives market is driven by the growing demand for cyanoacrylate-based tissue adhesives.
The key players operating in the market are Ethicon, Inc. (US), 3M (US), Henkel AG & CO KGAA (Germany), Baxter International (US), and B.Braun Melsungen AG (Germany). These players have adopted various strategies, such as mergers & acquisition, investment & expansion, and new product launch to grow in the market. Mergers & acquisitions is the key strategy adopted by the major players between 2020 and 2026. This strategy helped companies enhance their global presence.
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Ethicon, Inc. (US) has achieved growth by overcoming changes in the times and business environment and became a worldwide leader of the cyano-acrylate-based medical adhesives market. The company has always made their innovation in the field of surgical technologies and solutions, including sutures, staplers, adhesives, energy devices, trocars, and hemostats along with the interventional ablation, robotics, and digital solutions. It is a dominant player in the sutures and staples market and has its operations in more than 60 countries. Its product portfolio includes surgical sutures, wound closure, and cardiovascular surgical products such as topical adhesives, surgical meshes, needles, and wound drains, among others. Its major product line for medical adhesives is marketed under the brand name 'Dermabond.'
3M (US) has a broad spectrum of products, including adhesives, bonding materials, coatings, and specialty materials. Earlier it operated through five business segments-industrial, safety and graphics, electronics & energy, health care, and consumer but recently it has started serving in the following four segments: safety and industrial, transportation and electronics, health care and consumer. The company manufactures more than 60,000 products, which are used in different industries, institutes, and businesses with the help of workforce of approximately 95,000 people, with approximately 40,000 employees in the US and 55,000 employed internationally.
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