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Medical Adhesives Market Size, Share & Industry Analysis, By Type (Pressure sensitive adhesives, Dissolvable adhesives, Electrical conductive adhesives), By Resin (Natural adhesives, Synthetic adhesives), By Application (Needles & syringes, Catheters, Tubes & connectors, Reservoirs & enclosures, Blood filtration)Others and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102354 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Medical adhesives are special class of adhesives particularly formulated and designed to adhere to human skin. Medical adhesives are biocompatible, non-irritating, non-sensitizing and non-cytotoxic and hence have the primary application in medical devices. Various medical adhesives such as dressing, tapes and tools are used to protect and cover wounds, to seal the skin edge of a wound or to support the injured part of the body.


Key market driver for medical adhesives is the rate of diseases and deaths are increasing every year. Some relentless surgeries take place because of the accidents and deceases, which provides impetus to the medical devices to close the wounds and to avoid spreading of infections.


Key Market Driver -

Increase in rate of diseases is expected to fuel the market.

Key Market Restraint -

Complexity involved in the design and manufacturing of medical devices.


Key market restraint for medical adhesives market is the complexity involved in the design and manufacturing of medical devices. Adhesives are the critical component in the manufacturing of medical devices, as the medical devices become more complex and critical, there will be less usage of medical adhesives, and thus this is challenging the demand for medical adhesives.


Market Segmentation:


Based on types, medical adhesives are segregated into pressure-sensitive, dissolvable, and electrically conductive adhesives. Based on resins, medical adhesives are segmented into natural and synthetic adhesives. On the basis of application, medical adhesives market is segmented into needles & syringes, catheters, tubes & connectors, reservoirs & enclosures, blood filtration, imaging equipment and others. The medical adhesives market is geographically divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa


Key Players Covered:


Some of the leading companies in medical adhesives market are H.B. Fuller Company, Johnson & Johnson, Ashland, 3M, Henkel AG, Chemence Medical, Inc., Avery Dennison Corporation, Dow, Inc., Cohera Medical, Inc., GluStitch Inc. and Others.


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Regional Analysis:


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Geographically medical adhesives market is divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia-Pacific dominates the market owing to the increase in population and the need for better medical facilities in the region. China is the largest consumer of medical adhesives in this region as this country is densely populated. Presence of large number established companies and high investment in innovation and development for medical devices in North America is expected to drive the medical adhesives market in this region. Europe medical adhesives market is growing significantly due to rising chronic diseases owing to the presence of old population in this region. The market for medical adhesives in Middle East & Africa and Latin America is expected to develop at a slow space due to less number of players present in this region.


Segmentation


























 ATTRIBUTE


 DETAILS

By Type




  •  sensitive adhesives

  • Dissolvable adhesives

  • Electrical conductive adhesives



By Resin




  • Natural adhesives

  • Synthetic adhesives



By Application




  • Needles & syringes

  • Catheters

  • Tubes & connectors

  • Reservoirs & enclosures

  • Blood filtration

  • Imaging equipment

  • Others



By Geography




  • North America (the USA and Canada)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Europe (Germany, France, UK, Spain, Italy, Russia and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, Saudi Arabia, and Rest of the Middle East & Africa)



Key Industry Developments



  • January 2019, Advanced Medical Solutions Group, a manufacturer of surgical and wound care products based in U.K. acquired Sealantis, an Israeli start up, which is into development of medical adhesives that mimic the process that allow algae stick to rock in water. The start-up was the setup on the basis of technology which was developed at Israel’s Technion-Israel Institute of Technology.

  •  November 2018, Arkema S.A. a speciality chemicals and advanced materials in Colombes, France announced to acquire Afinitica, a Spanish company which specialises in instant adhesive, also known as cyanoacrylates. This acquisition will enable Arkema’s Bostik brand to boost the position in electronics and medical adhesive market.


  • Ongoing
  • 2021
  • 2018-2020

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