Press release
Medical Adhesive Market Surge Towards Solid Growth by 2024
The medical adhesives are mainly used in the medical sector to close up the wounds, dressing or patch the skin, fix the medical device such as the tape, and others. The medical adhesives are used majorly in the surgical care. It is used for bone and enamel reconstruction during the surgeries. There are a variety of products included in the medical adhesives such as dressing, patches, tapes, electrode, and ostomy supplies. The medical adhesives are used by the medical professionals with appropriate techniques or else it may lead to infection or pain.
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Global Medical Adhesive Market: Segmentation
The global medical adhesive market is segmented into natural resin type, semi-synthetic and synthetic type, formulating technology, and application. On the basis of natural resin type, the market is segregated into fibrin, collagen, and others. Based on the synthetic and semi-synthetic resin type, the market is categorized into cyanoacrylate, silicone, acrylic, epoxy, polyurethane, and others. On the basis of formulating technology, the global market is bifurcated into solids & hot melt, water-based, and solvent-based. The different application areas of the medical adhesives include medical device & equipment, external medical applications, dental, internal medical applications, and others.
Global Medical Adhesive Market: Growth Factors
The prime factors that are contributing to the market growth of the medical adhesive market include increasing the population of the old people and the increasing cases of dental and other surgeries. Other factors that attribute towards the market growth are the technological advancements that are made in this field and the increasing focus of the market players to manufacture good quality medical adhesives to stand out in the market. Another factor is the increasing demand from the packaging and labeling sector will open up new opportunities in the market. Increased utilization of the medical adhesive in the surgeries is propelling the market growth.
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Global Medical Adhesive Market: Regional Analysis
Region-wise, the global medical adhesive market is diversified into North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. The region that holds the major market share is the North America which is followed by Europe and Asia-Pacific. The factors that attribute the market growth in the North American region are the technological advancements that are made and the presence of the major market players in the region. The countries such as India and China are leading the medical adhesives market owing to the rise in the geriatric population in the region.
Global Medical Adhesive Market: Competitive Players
The major market players in the medical adhesives market include Bostik Ltd., B. Braun Melsungen AG, CryoLife, Inc., Cyberbond LLC, Ethicon Inc., GluStitch Inc., Cohera Medical, Inc., Gem S.r.l, Biocoral, Inc., Henkel AG & Company, 3M Company, Chemence Ltd., Itac Ltd., Covidien Ltd., Adhezion Biomedical, Baxter International Inc., and Meyer-Haake GmbH.
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Global Medical Adhesive Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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