Press release
Medical Adhesives Market is Expected to Progress to Reach US$ 5 15.60 billion by 2029 | H.B. Fuller Company, Henkel AG & Co. KGaA, Avery Dennison Corporation, Ashland Global Holdings Inc
"The medical adhesive market is projected to grow from USD 8.14 billion in 2020 to USD 15.60 billion by 2029, at a CAGR of 7.5% between 2022 and 2029."Medical adhesives are used in various applications, including device assembly and wound closure. Specialized cyanoacrylates are now used for skin wounds, providing quick coverage. The World Health Organization warns of an epidemic of unhealthy lifestyles, with sedentary habits linked to cardiovascular problems, highlighting the need for improved adhesives to address these issues.
Largest Market ⇨ North America
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► Growth Drivers
Medical adhesives, including bandages, surgical adhesives, wound care patches, and transdermal patches, are crucial in the healthcare industry. Cyanoacrylate and fibrin are commonly used in cardiovascular surgery to stop bleeding, with fibrin-based adhesives expected to penetrate deeply. The need for medical adhesives is increasing due to their higher working speeds compared to traditional wound-healing treatments. They are used in both interior and external medical applications and device assembly. The market expansion is expected to continue.
► Who are the major players in this industry?
H.B. Fuller Company, Henkel AG & Co. KGaA, Avery Dennison Corporation, Ashland Global Holdings Inc., The Dow Chemical Company, 3M Co, PPG Industries, RPM International Inc., Wacker Chemie AG, and Dupoint De Nemours, Inc, and others.
► Recent Developments in Medical Adhesives Market
Recent developments in Medical Adhesives industry, even after market report release, support market trends outlined in analysis.
Advanced Medical Solutions Group, a well-known manufacturer of the wound care and the surgical products are based in United Kingdom, announced the successful purchase of Sealantis in January 2019. The latter is an Israeli start-up that makes medicinal adhesives. This new agreement will assist the former in boosting its market position.
Arkema S.A., a French advanced materials and specialty chemicals firm, purchased Afinitica, a developer of instant adhesives, in November 2018. It would aid Arkema's position in the medical adhesive and electronics sectors.
► What exactly does market segmentation cover?
Medical Adhesives Market by Resin Type, 2020-2029, (USD Million) (Thousand Units)
» Acrylic
»Silicone
» Cyanoacrylate
» PU
» Epoxy
Medical Adhesives Market by Technology, 2020-2029, (USD Million) (Thousand Units)
» Water Based
» Solvent Based
» Solids
» Hot Melts
Medical Adhesives Market by Application, 2020-2029, (USD Million) (Thousand Units)
» Dental
» Internal And External Surgery
» Medical Device And Equipment
► Regional Analysis of the Medical Adhesives Market
The market development, current market trends, and some research methodologies are all covered in the Medical Adhesives Industry research report. It draws attention to crucial aspects like product portfolios, software architectures, and production strategies that have a direct impact on the market. Our research shows that even minor changes to a product's qualities can have a big impact on the previously mentioned criteria.
►Key Geographical Regions
North America (US, Canada)
Europe (Germany, UK, France, Italy, Spain)
Asia-Pacific (China, Australia, Japan)
Middle East and North Africa
Latin America
► Table of Content:
1 Study Reporting
1.1 Medical Adhesives Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Medical Adhesives Market Size Growth Rate by Type
1.5 Market by Application
2 Executive Instantaneous
2.1 Global Medical Adhesives Market Size
2.1.1 Global Medical Adhesives Revenue
2.1.2 Global Medical Adhesives Production
2.2 Medical Adhesives Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Medical Adhesives Manufacturers
2.3.2.1 Medical Adhesives Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Medical Adhesives Product Offered
2.3.2.3 Date of Manufacturers Enter into Medical Adhesives Market
2.4 Key Trends for Medical Adhesives Markets & Products
3 Market Size by Manufacturers
3.1 Medical Adhesives Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans
4 Medical Adhesives Production by Regions
4.1 Global Medical Adhesives Production by Regions
4.1.1 Global Medical Adhesives Production Market Share by Regions
4.1.2 Global Medical Adhesives Revenue Market Share by Regions
4.2 United States
4.2.1 United States Medical Adhesives Production
4.2.2 United States Medical Adhesives Revenue
4.2.3 Key Players in United States
4.2.4 United States Medical Adhesives Import & Export
4.3 Europe
4.3.1 Europe Medical Adhesives Production
4.3.2 Europe Medical Adhesives Revenue
5 Medical Adhesives Consumption by Regions
5.1 Global Medical Adhesives Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country
6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type
7 Market Size by Application
7.1 Overview
7.2 Global Medical Adhesives Breakdown Dada by Application
7.2.1 Global Medical Adhesives Consumption by Application
7.2.2 Global Medical Adhesives Consumption Market Share by Application
8 Manufacturers Profiles
9 Production Forecasts
9.1 Medical Adhesives Production and Revenue Forecast
9.1.1 Global Medical Adhesives Production Forecast
9.1.2 Global Medical Adhesives Revenue Forecast
9.2 Medical Adhesives Production and Revenue Forecast by Regions
9.2.1 Global Medical Adhesives Revenue Forecast by Regions
9.2.2 Global Medical Adhesives Production Forecast by Regions
9.3 Medical Adhesives Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Medical Adhesives Production Forecast by Type
9.4.2 Global Medical Adhesives Revenue Forecast by Type
10 Consumption Forecast
10.1 Medical Adhesives Consumption Forecast by Application
10.2 Medical Adhesives Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Medical Adhesives Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Medical Adhesives Consumption Forecast by Regions
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Medical Adhesives Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Medical Adhesives Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Medical Adhesives Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Medical Adhesives Sales Channels
11.2.2 Medical Adhesives Distributors
11.3 Medical Adhesives Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators
13 Key Findings in the Global Medical Adhesives Study
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
Continue….
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►Research Methodology
The report is based on data analysis strategies by skilled data analysts. The research methodology involves collecting and analyzing information to provide significant market predictions. Interviews with market influencers make primary research relevant and practical. The secondary method provides a direct insight into demand and supply. Both primary and secondary data collection methods are used, along with publicly available sources like annual reports and white papers, to provide a comprehensive understanding of the market. The report offers precise data analysis and a comprehensive market tour.
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