Medical Adhesives Market: Introduction

  • Medical adhesives are chemical formulations that are used in adhering or bonding two different types of surfaces in medical procedures. Medical adhesives have been widely used in joint replacement therapies and a number of dental applications. However, they are now finding new applications in various medical procedures.
  • Adhesives and tissue sealing agents are emerging as a vital alternative to sealing staples and sutures. Some of these products are being employed as general hemostatic agents to control bleeding in the surgical field. Advancements in surgical sealants and glues over the years have led to development of procedure-specific products, particularly in situations wherein staples and sutures are difficult to employ. Surgical sealants are made of synthetic (polyethylene glycol) or naturally occurring materials (collagen) and are commonly used with staples or sutures to help completely seal internal and external incisions after surgery.

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Key Drivers and Restraints of Global Medical Adhesives Market

  • Population in developed countries such as the U.S., Germany, and Japan is aging at a rapid pace. According to the U.S. Census Board, people above 65 years would account to 20% of the total population by 2030. According to the United Nations University (UNU), one million people reach 60 years of age every month globally. Furthermore, the percentage of global population above the age of 65 years is poised to increase from 7% in 2000 to 16% in 2050. People in Japan have an average life expectancy of 83 years. About 21% of the country’s total population is aged above 65 (according to the U.S. Census Bureau).
  • Aging leads to tooth decay, tooth erosion, tooth tissue softening, and denture-related problems. These contribute significantly to growth of the dental adhesives and sealants market. Additionally, aging results in higher susceptibility to bone related injuries, weakening of joints, bleeding disorders, and other cardiovascular problems. Most of these issues are resolved through surgery, which requires usage of medical adhesives and sealants. Rise in incidence of these problems related to aging is anticipated to drive the demand for medical adhesives in the next few years. 

Prosthetics Segment to Lead Global Market

  • The global medical adhesives market can be segmented based on product type and application
  • Based on product type, the global medical adhesives market can be divided into synthetic adhesives and natural adhesives. The synthetic adhesives can be further sub-segmented into acrylic, silicone, cyanoacrylate, polyethylene glycol, and others. The natural medical adhesives include collagen, fibrin, albumin, and others.
  • In terms of application, the global medical adhesives market can be classified into internal, external, and dental. Internal applications include tissue sealing, blood clotting, implant bonding, and tissue grafts. External applications comprise wound care, medical tapes, and contact devices such as syringes and catheters.

North America to Lead Global Medical adhesives Market

  • The global medical adhesives market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is the most densely populated region and comprises fastest growing economies: India and China. Increase in prevalence of lifestyle diseases such as 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 contribute to the growth of the medical adhesives market in Asia Pacific.

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Key Players Operating in Global Medical Adhesives Market

Leading players in the global medical adhesives market are:

  • 3M Company
  • Braun Melsungen AG
  • Johnson & Johnson
  • Baxter International Inc.
  • Medtronic plc 

Global Medical adhesives Market: Research Scope 

Global Medical adhesives Market, by Product Type

  • Synthetic
    • Acrylic
    • Silicone
    • Cyanoacrylate
    • Polyethylene Glycol
    • Others
  • Natural
    • Collagen
    • Fibrin
    • Albumin
    • Others

Global Medical adhesives Market, by Application

  • Internal
  • External
  • Dental  

Global Medical adhesives Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Medical Adhesives Market