Press release
Medical Adhesives Market to reach USD 15.6 Bn at a CAGR of 7.34 percent over the forecast period (2024-2030)
Medical Adhesives Market
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Medical Adhesives Market Report Scope and Research Methodology
Market Size in 2023: USD 9.5 Billion
Market Size in 2030: USD 15.6 Billion
CAGR: 7.34 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 235
No. of Tables: 44
No. of Charts and Figures: 40
Segment Covered: By Type, technology, and Application
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
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Medical Adhesives Market Overview
The Medical Adhesives market is experiencing significant growth, driven by an increasing number of surgical procedures worldwide, which require innovative wound closure solutions, including medical adhesives like cyanoacrylates. The market is segmented based on type, technology, and applications. Regionally, Asia-Pacific dominates the Medical Adhesives market, driven by the significant advancements in healthcare facilities, and the rising prevalence of chronic diseases. The market for medical adhesives is highly competitive, with both established global players and emerging regional companies contributing to its growth. Major players such as 3M Company, Henkel AG, and Baxter International lead the market with a wide range of products and cutting-edge technologies.
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Medical Adhesives Market Dynamics
The medical adhesives market is experiencing robust growth, driven by an increasing number of surgical procedures globally, which now exceed 300 million annually. The rise in elective surgeries, such as hip replacements and heart procedures, along with emergency surgeries, fuels the demand for advanced wound closure solutions. Cyanoacrylate adhesives, known for their quick bonding and minimal patient discomfort, are widely used in both elective and emergency settings. Additionally, expanding healthcare infrastructure in developing regions, such as India and Brazil, is creating significant opportunities for market growth. Enhanced healthcare systems and rising middle-class demands for modern medical products are contributing to higher usage of medical adhesives. For instance, India's healthcare sector, valued at USD 372 billion in 2023, supports the increased adoption of these adhesives for various medical applications, including routine and emergency care.
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/medical-adhesives-market/261857/
Medical Adhesives Market Segmentation
By Type
• Synthetic Adhesives
o Acrylic
o Epoxy
o Silicone
o Polyethylene Glycol
o Polyurethanes
• Natural or Biological Adhesives
o Collagen
o Fibrin
o Albumin
By Technology
• Water-Based
• Solvent-Based
• Solid & Hot-Melts
• Others
By Application
• Dental
• Surgery
• Medical device & equipment
• Others
Medical Adhesives Market's Key Players Include
• 3M (United States)
• Dymax (United States)
• Permabond (United States)
• Boyd (United States)
• Avery Dennison Corporation (United States)
• Glue Dots (United States)
• H.B. Fuller Company (United States)
• Henkel Corporation (United States)
• Adhesive Research Inc (United States)
• Medtronic plc (United States)
• priMED Medical Products (Canada)
• Medline Canada Corporation (Canada)
• Panacol-Elosol GmbH (Germany)
• Scapa (U.K.)
• G A Lindberg (Sweden)
• Bostik S.A. (Arkema Group) (France)
• Lohmann GmbH & Co. KG (Germany)
• Sika AG (Switzerland)
• Carine Medical (Germany)
• Nitto Denko Corporation (Japan)
• H.B. Fuller (China)
• Smith & Nephew plc (India)
• B. Braun Melsungen AG (Malaysia)
• Kemei Medical (China)
• Kangda New Materials (Group) Co., Ltd (China)
• Medline Industries (South Africa)
• NMC Healthcare (United Arab Emirates)
• Smith & Nephew (MEA)
• Henkel Latin America (South America)
• Aica Adesivos (Brazil)
• Avery Dennison (Brazil)
• B. Braun (Argentina)
Key questions answered in the Medical Adhesives Market are:
• What is the demand pattern for the Medical Adhesives market?
• Which segment dominated the Medical Adhesives market growth?
• Who is the largest key player in the Medical Adhesives Market Growth?
• Which region held the largest share of the Medical Adhesives market?
• Who are the key players in the Medical Adhesives market?
• What is the growth rate of the Medical Adhesives Market?
• What are the factors expected to drive the Medical Adhesives market growth?
• What is the Medical Adhesives Market?
• What was the Medical Adhesives market size in 2023?
• What is the expected Medical Adhesives market size by 2030?
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by Type, Technology, Application and Region.
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical categories and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, category and demand analysis, and client impact studies.
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