Press release
Leading Vendors (Henkel AG & Co. KGaA, Dymax Corporation, Permabond LLC) In Global Medical Device Adhesive Market To Reach at a CAGR of 7.01% By 2024
Global Medical Device Adhesive Market
The Global Medical Device Adhesive Market accounted for USD 3.2 billion in 2016 and projected to grow at a CAGR of 7.01% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Medical Device Adhesive Market By Resin Type (Light Curing, Cyanoacrylates, Acrylic, Epoxy, Silicone, Polyurethane); Application (Needles & Syringes, Catheters, Tube Sets, Masks, Polycarbonate Devices, Pacemaker); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Top Competitors:
• Henkel AG & Co. KGaA,
• Dymax Corporation,
• Permabond LLC,
• H.B. Fuller Company,
• UV – Technologie,
• Epoxy Technology, Inc,
• Novachem Corporation ltd,
• INCURE,
• Adhesives Research, Inc.
• others.
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Major Market Drivers:
• Increase in global population with rise in income level
• High growth in the implantable and wearable device market
• Expansion activities of medical device manufacturers
• High prevalence of chronic diseases
• Complicated reimbursement process
• Alternative drug methods
• Re-Use of pen needles
• Higher technology cost
Competitive Analysis:
The global medical device adhesive market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Market Segmentation:
On the basis of resin type:- Light curing, cyanoacrylates, acrylic, epoxy, silicone, and polyurethane. The light curing segment is further sub segmented into light curing acrylics, light curing cyanoacrylates, and light curing silicones.
On the basis of application:- Needles & syringes, catheters, tube sets, masks, polycarbonate devices, and pacemaker and others.
On the basis of geography:- Global Medical Device Adhesive Market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Read more about this Report @ http://databridgemarketresearch.com/reports/global-medical-device-adhesive-market/
Key Questions Answered in Global Medical Device Adhesive Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Medical Device Adhesive Market in 2024?
What are the key factors driving, Analysis by Applications and Global Medical Device Adhesive Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Medical Device Adhesive Market?
Who are Opportunities, Risk and Driving Force of Global Medical Device Adhesive Market?
Who are the opportunities and threats faced by the vendors in Global Medical Device Adhesive Market?
What are the Global Medical Device Adhesive Market opportunities, market risk and market overview of the Market?
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