Medical Adhesives Market is anticipated to hit around US$ 16.35 Billion by 2030, driven by increasing demand for advanced wound care products, surgical advancements, and rising applications in the medical device industry
28 Nov, 2023

In a report titled "Medical Adhesives Market, Size, Global Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" published recently by Renub Research, market share insights are included along with a thorough industry analysis. The report also includes research on regions, competitors, and the recent expansion of the Medical Adhesives Market.

Medical Adhesives Market is projected to increase at a rate of 7.16% between 2022 and 2030. The expanding programs in the medical device industry are driving the increase of the worldwide adhesives market. Medical adhesives play a important function in numerous application, inclusive of surgical adhesives for wound sealing, dental adhesives for dental approaches, wound care adhesives for close wounds, and drug delivery adhesives for administering medicine via transdermal patches. The increasing demand for medical devices, pushed by using factors just like the rising occurrence of persistent diseases, an getting old population, and a preference for minimally invasive processes, is a substantial force fuelling the extensive sized use of medical adhesives.

Moreover, the growing need for advance wound care products positively impacts the global medical adhesives industry. These products, designed to enhance restoration and prevent complications, utilize diverse technology, together with medical adhesives. In advanced wound care, medical adhesives are integral to products like wound dressings, making sure their placement and sealing the wound. Tissue sealants, employed in surgery to seal wounds and bond tissues, depend on medical adhesives for efficacy. Also, skin closure strips, with their adhesive backing, efficiently close and seal wounds, at the same time as drug delivery systems use medical adhesives to adhere to the skin for targeted medicinal drug delivery.

Likewise, surgical advancements significantly impact the global medical adhesives marketplace, significantly in minimally invasive surgical procedure, robotic surgery, and tissue engineering. Widely used in laparoscopic and endoscopic surgical treatment, surgical adhesives make contributions to shorter recovery time and decreased pain. In robotic surgical operation, these adhesives effectively steady tissues and seal wounds, even as tissue engineering is relies on them for bonding in creating new tissues and organs. The growing desire for superior surgical strategies propels the demand for surgical adhesives, in addition augmented by ongoing technological developments, consisting of biocompatible adhesives with advanced overall performance and protection profiles.

Report Details:

Acrylic adhesives are expected to have the majority of share within the global marketplace because of their superior properties and wide variety of applications.

Acrylic adhesives demonstrate exceptional versatility, forming robust bonds across materials like metal, plastic, wood, and glass while resisting extreme conditions. Tailored formulations cater to the construction, automotive, electronics, and packaging industries, enabling bonding, sealing, and waterproofing. Their user-friendly attributes, quick curing, and low Volatile Organic Compounds (VOC) content make them ideal for high-volume production, ensuring safety. The growing demand for acrylic adhesives is fuelled by trends like lightweight materials in automotive and construction, increasing electronic device usage, and heightened environmental awareness. Critical applications span structure, automotive bonding, electronics assembly, and packaging tasks.

A surge in technological advancements and innovations in the healthcare sector drives medical devices and equipment dominance in the Medical Adhesives Market.

Medical adhesives are pivotal across diverse applications in surgery, dentistry, wound care, and drug delivery, facilitating tissue bonding, wound sealing, and secure device adherence. Their importance is accentuated by the rising preference for minimally invasive procedures, like endoscopic and laparoscopic surgeries, known for shorter recovery times. The expanding global geriatric population, requiring interventions such as hip and knee replacements and cataract surgery, fuels the demand for these adhesives. Technological advancements in medical adhesives, exemplified by biocompatible variants enabling tissue bonding without inflammation or scarring, continually enhance performance and safety profiles.

Hot-melt technology is the fastest-growing segment in the Medical Adhesives Market.

Hot-melt adhesives, curing rapidly within seconds, significantly enhance production efficiency and exhibit robust bonding capabilities across metal, plastic, wood, and paper. With user-friendly applications and minimal equipment requirements, these adhesives are versatile and available in diverse formulations. Low in VOCs and often derived from renewable sources, they align with sustainability goals, driving their increasing adoption in packaging, automotive, construction, and electronics industries for sealing, bonding, and waterproofing. Applications range from sealing containers and bonding labels in packaging to securing bumpers and trim in automotive and bonding roofing materials in construction. The technology's ability to address sustainability concerns further fuels its adoption in creating recyclable packaging and bonding lightweight materials in automotive applications.

United States is the world's largest and most innovative market for medical adhesives.

The United States, with its substantial healthcare-seeking population, is a crucial force in the global medical adhesives market. Its advanced healthcare system and robust research infrastructure drive innovation in medical adhesives for surgeries, dentistry, wound care, and drug delivery. Leading medical device companies like Johnson & Johnson, Medtronic, and 3M reinforce the U.S.'s central role in advancing medical adhesives. Exemplary products, including Ethicon's Tisseel, 3M's Scotchbond Universal Adhesive, and Medline Industries' Steri-Strip, underscore the nation's leadership in developing and applying cutting-edge medical adhesive technologies.

Competitive Landscape

The leading businesses in the Medical Adhesives Market are H.B. Fuller Company, Henkel AG & Co. KGaA, Avery Dennison Corporation, Ashland Global Holdings Inc., The Dow Chemical Company, 3M Co., PPG Industries, and Dupoint De Nemours, Inc.

Market Summary

• Resin Type – The report analyses the Medical Adhesives Market by Resin type from five angles (Acrylic, Silicone, Polyurethane, Epoxy, and Others)
• Application – A Renub Research report on the Medical Adhesives Market looks at Applications from five angles (Dental, Medical Devices & equipment, External, Internal, and Others).
• Technology – The report analyses the Medical Adhesives Market by Technology from five angles (Water-Based, Solvent-Based, Hot-Melt, Reactive, and Others).
• Countries – There are twenty-six different perspectives on the Medical Adhesives Market by Countries (United States, Canada, France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Turkey, UAE, and ROW).
• Key Players – Every significant player in the Medical Adhesives Market has been discussed from 3 perspectives (Overview, Recent Developments, and Revenue): H.B. Fuller Company, Henkel AG & Co. KGaA, Avery Dennison Corporation, Ashland Global Holdings Inc., The Dow Chemical Company, 3M Co., PPG Industries, and Dupoint De Nemours, Inc.

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