Press release
Skin Glue Market is expected to grow at a CAGR of 8.55% during the forecasted period | Evolve Business Intelligence
• The global Skin Glue Market size was valued at USD 0.7 Billion in 2022 growing at a CAGR of 8.55% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
As per the study initiated by Evolve Business Intelligence, the global Skin Glue Market size accounted for USD 0.7 Billion in 2022, growing at a CAGR of 8.55% from 2023 to 2033. The skin glue market involves medical adhesives used for wound closure in healthcare settings. Also known as surgical or medical glue, these adhesives are applied topically to seal lacerations, incisions, or surgical wounds. Skin glue provides an alternative to traditional sutures and staples, offering benefits such as reduced scarring, quicker application, and less tissue trauma. Widely used in various medical procedures, including surgeries and emergency care, the market's growth is driven by the demand for efficient wound closure methods, advancements in adhesive technologies, and the increasing preference for minimally invasive techniques in healthcare.
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The skin glue market is primarily driven by the growing demand for efficient wound closure methods in healthcare, with medical adhesives providing an alternative to traditional sutures. Advancements in adhesive technologies, offering benefits like reduced scarring and quicker application, contribute to market growth. The increasing preference for minimally invasive techniques in medical procedures further propels the expansion of the skin glue market.
Key Players
Some of the major Skin Glue Market players holding high market shares include Adhesives Research, Dupont, DermaMed, Elken and Scapa. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Henkel Adhesives, TOYOCHEM CO., LTD, and Wacker Chemic AG.
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Segmental Analysis
Based on Base Chemistry, the Skin Glue market is segmented into silicone based, acrylic based, and urethane based. In 2022, the segment based on silicone held the largest market share. Silicone medical adhesives are suitable when skin-friendly applications are needed for wounds and wearables. The silicone adhesives are easy to apply and breathable. People with sensitive or delicate skin frequently use them
Based on Application, the Skin Glue market is segmented into wound dressing & bandages, scar therapies application, and wearable medical devices. In 2022, the wound dressing and bandage segment held the highest market share. Sutures cause a number of serious issues, including excruciating needle punctures to the surrounding tissue. This is especially dangerous for vital organs like the liver and lung, where suturing makes it difficult to stop blood and air leaks.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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