The global medical adhesives market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 6.5%, during the forecast period. Synthetic resins are widely used in the medical adhesives due to various benefits such as inherent tack, strong oxidative stability, and easy adaptability to a variety of requirements. The silicone adhesives mostly used synthetic adhesives which offer various potential benefits, for extended use of the dressing and electronic patch. Silicone adhesives are residue-free and relatively inert with minimum risk of skin intolerance silicone adhesives have significantly higher moisture vapor transmission rate and fluid handling capacity than other adhesives, which are major factors that govern patients’ comfort during long-term applications. Thus, these benefits encourage the demand for silicon-based synthetic resins that further contribute to the growth of the market during the forecast period.
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Advancement in Medical Adhesives
Technological advancement in the healthcare industry is one of the key factors for medical adhesives manufacturers. Advanced surgical technology in the medical devices industry augments the demand for adhesives products. Increasing adoption for biomedical adhesives has progressed the development and technological advancement in the molecular mechanisms of adhesives as well as the development of the surface science and engineering of adhesive materials. Biomedical advancements in adhesives are creating new applications for medical bonding and joining, including bonding human tissue, medical device assembly, drug-delivery systems, and wound care. Moreover, advancement in the medical tapes and bandages increases the demand for medical adhesives products in the healthcare industry,
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Rise in Number of Surgeries
Global medical adhesives market is experiencing significant growth due to the increasing number of surgeries across the globe. The rising number of surgeries for accidental injuries raises the demand for the medical adhesives used in surgical devices. There are several surgeries that utilize medical adhesives such as elective surgery, emergency surgery, exploratory surgery, cosmetic surgery, and others. The hip replacement surgeries increase the possibilities of wound infections such as pressure ulcers that raise the demand of the medical tapes and bandages coupled with medical adhesives. Moreover, the increasing cases of plastic surgeries are driving the market due to the application for wound healing in plastic surgeries.
Moreover, significant growth in healthcare facilities related to medical adhesives products has been observed in emerging economies such as China, India, and Brazil. Various factors such as increasing incidences of wound infections, growing number of surgeries and surge in chronic wounds such as ulcers are raising the demand for advanced wound care products. Rising medical tourism and growth in the aging population are estimated to support market growth in the emerging market. The growing potential in these emerging markets is attracting market players to serve their healthcare organizations. Specifically, the Asia-Pacific region is one of the emerging markets due to the significant growth of the healthcare system in countries such as India, China, and South Korea.
Global Medical Adhesives Market- Segmentation
By Product
- Natural Resins
- Synthetic & Semi-Synthetic Resins
By Application
- Dental
- Tissue Bonding
- Wound Closure
- Medical Device and Equipment
- Others
Global Medical Adhesives Market– Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- 3M Co.
- Adhesives Research, Inc.
- Adhezion Biomedical LLC
- Arkema Group
- Ashland Global Holdings Inc.
- Avery Dennison Corp.
- Braun Melsungen AG
- Baxter International, Inc.
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