Medical adhesives are defined as the substances which are used in medical industry to seal wounds; affix any medical device such as a dressing or patch, tape to the skin; and fabricate components of medical devices.
As per the WHO (World Health Organization), the population is suffering from an epidemic of an unhealthy lifestyle. As per the information of WHO, cardiovascular diseases are directly linked to an unhealthy lifestyle.
As a result, there is a sharp increase in the number of people which are afflicted with cardiovascular diseases. Further, the applications of the product in internal medical applications like heart surgeries are expanding. For instance, fibrin-based adhesives which act as a key bonding agent having a hemostatic effect are witnessing rapid growth in heart surgery.Impact of this driver is high over the forecast period
APAC is the most densely populated region and comprises fastest growing economies (India and China). The rise in prevalence of lifestyle diseases including diabetes and higher road accident rates have demanded better wound closure products. This rise in demand is supported by rapidly developing health care industry in these countries. Permissive regulatory policies and favorable foreign trade policies would support the growth of the medical adhesives market in Asia Pacific region.
The highly populated countries such as India, China in Asia Pacific region creates significant opportunities over the forecast period
The demand for silicone based medical adhesives is propelled by their ability to provide adhesion to silicon and other difficult to adhere substrates. In addition, they have various properties such as extreme weather resistance and have longer durability as compared to acrylics. The medical adhesives are generally used in external applications in the form of medical tapes. However, the demand of these products is restricted by their significantly higher cost as compared to other resins.
The medical device application is expected to create significant opportunity over the forecast period.
In medical devices, adhesives are used for hearing-aid molding, needle assembly, anesthesia-mask bonding, polycarbonate component assembly (e.g. blood oxygenators, heat exchangers, and surgical pumps), and bonding of other medical devices. The substrate versatility, low shrinkage, strong thermal & chemical resistance, high gap filling, high peel, and rapid cure offered by the product are the factors driving their growth in medical device & equipment.
Various key players are discussed in this report such as Henkel AG, Ethicon, Inc, 3M, Baxter International, Nitto Denko Corporation, B. Braun Melsungen AG, Scapa Group, Adhezion Biomedical, Chemence, Cryolife, Inc., etc.
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Medical Adhesives Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Medical Adhesives Market, By Formulation
5.1 Y-o-Y Growth Comparison, By Formulation
5.2 Global Medical Adhesives Market Share Analysis, By Formulation
5.3 Global Medical Adhesives Market Size and Forecast, By Formulation
5.3.1 Acrylic
5.3.2 Silicone
5.3.3 Polyurethane
5.3.4 Hydrocolloid / hydrogel
5.3.5 Others
6 Global Medical Adhesives Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Medical Adhesives Market Share Analysis, By Application
6.3 Global Medical Adhesives Market Size and Forecast, By Application
6.3.1 Wound Dressing
6.3.2 Securing IV Lines
6.3.3 Medical Devices
6.3.4 Implant
6.3.5 Tapes
6.3.6 Tissue Bonding
6.3.7 Others
7Global Medical Adhesives Market, By Region
7.1 Global Medical Adhesives Market Share Analysis, By Region
7.2 Global Medical Adhesives Market Share Analysis, By Region
7.3 Global Medical Adhesives Market Size and Forecast, By Region
8North America Medical Adhesives Market Analysis and Forecast (2020 – 2030)
8.1 Introduction
8.2 North America Medical Adhesives Market Share Analysis, By Formulation
8.3 North America Medical Adhesives Market Size and Forecast, By Application
8.4 North America Medical Adhesives Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Medical Adhesives Market Analysis and Forecast (2020 – 2030)
9.1 Introduction
9.2 Europe Medical Adhesives Market Share Analysis, By Formulation
9.3 Europe Medical Adhesives Market Size and Forecast, By Application
9.4 Europe Medical Adhesives Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Medical Adhesives Market Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 Asia Pacific Medical Adhesives Market Share Analysis, By Formulation
10.3 Asia Pacific Medical Adhesives Market Size and Forecast, By Application
10.4 Asia Pacific Medical Adhesives Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Medical Adhesives Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Latin America Medical Adhesives Market Share Analysis, By Formulation
11.3 Latin America Medical Adhesives Market Size and Forecast, By Application
11.4 Latin America Medical Adhesives Market Size and Forecast, By Country
12Middle East Medical Adhesives Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Middle East Medical Adhesives Market Share Analysis, By Formulation
12.3 Middle East Medical Adhesives Market Size and Forecast, By Application
12.4 Middle East Medical Adhesives Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Henkel AG
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Ethicon, Inc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 3M
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Baxter International
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Nitto Denko Corporation
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 B. Braun Melsungen AG
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Scapa Group
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Adhezion Biomedical
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Chemence
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Cryolife, Inc
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies