Product Code: PM2243
The global medical adhesives market size is expected to reach USD 16.35 billion by 2030 according to a new study by Polaris Market Research. The report "Medical Adhesives Market Share, Size, Trends, Industry Analysis Report, By Resin (Acrylic, Polyurethane, Epoxy, Silicone, and Others), By Technology (Water based, Solvent based, Hot melt, and Reactive & others), By Application (Dental, Medical device & equipment, Internal medical application, and External medical application), By Region, And Segment Forecasts, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
There major propelling factors are such as the rising demand for medical adhesives in end-use industries like dental and healthcare devices & equipment, coupled with the faster-operating speed is offered by the usage of these adhesives instead of traditional wound closure techniques like stitches is anticipating the industry growth across the globe. In addition, the growing geriatric population is also augmenting the industry demand as this age group is more prone to suffering from various diseases, which, in turn, stimulates market growth. As per the United Nations estimations, the older persons are expected to rise by two times by the end of 2050 and with around 2.1 billion people.
Based on the resin, the acrylics segment is dominating the global industry with the highest revenue shares owing to the increasing applications, and adoption of acrylics in both internal and external medicinal operations. Whereas, the Silicone segment is showing the highest CAGR rate that leads the industry demand. Factors such as the ability to stick to various difficult-to-adhere substrates, as well as it also offers environmental protection and durability, which may fuel the segment growth in the approaching years.
The increasing applications of these adhesives in medical devices assembly to internal & external healthcare applications are propelling the industry demand. For instance, the closing of skin wounds with stitching is now can be replaced by special cyanoacrylates. Accordingly, the advantage presented by these goods is that the entire wound can be enclosed. Thus, these procedures restrain secondary bleeding and also lessen the chances of infection. Hence, these factors are surging the industry growth over the forecasting years.
Market participants such as 3M, Ashland, Avery Dennison, B. Braun, Baxter International Inc., Bostik, C.R. Bard, Inc., Dentsply Sirona, H.B. Fuller, Heartland Adhesives, LLC, Henkel AG & Co. KGaA, Nitto Denko Corporation, The Dow Chemical Company are some of the key players operating in the global market.
The strategic actions by the companies such as mergers & acquisitions, strengthening product portfolio, product launches, etc. help them to reinforce their market position, which also projects the market growth. For instance, In July 2021, the acquisition of PerClot Polysachharide Hemostatic System from CryoLife, Inc. is announced with Baxter International. This helps Baxter International to strengthen its portfolio.
Polaris Market Research has segmented the medical adhesives market report on the basis of resin, technology, application, and region:
Medical Adhesives, Resin Outlook (Revenue - USD Million, 2018 - 2030)
Acrylic
Polyurethane
Epoxy
Silicone
Others
Medical Adhesives, Technology Outlook (Revenue - USD Million, 2018 - 2030)
Water-based
Solvent-based
Hot melt
Reactive & others
Medical Adhesives, Application Outlook (Revenue - USD Million, 2018 - 2030)
Dental
Medical device & equipment
Internal medical application
External medical application
Medical Adhesives, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Medical Adhesives Market Insights
- 4.1. Medical Adhesives - Industry Snapshot
- 4.2. Medical Adhesives Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increase in demand of single-use medical products
- 4.2.1.2. Growing healthcare industry in developing regions
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Stringent regulations and lengthy approval process
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Medical Adhesives Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Medical Adhesives Market, by Resin
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 5.3. Acrylic
- 5.3.1. Global Medical Adhesives Market, by Acrylic, by Region, 2018 - 2030 (USD Million)
- 5.4. Polyurethane
- 5.4.1. Global Medical Adhesives Market, by Polyurethane, by Region, 2018 - 2030 (USD Million)
- 5.5. Epoxy
- 5.5.1. Global Medical Adhesives Market, by Epoxy, by Region, 2018 - 2030 (USD Million)
- 5.6. Silicone
- 5.6.1. Global Medical Adhesives Market, by Silicone, by Region, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Global Medical Adhesives Market, by Others, by Region, 2018 - 2030 (USD Million)
6. Global Medical Adhesives Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 6.3. Dental
- 6.3.1. Global Medical Adhesives Market, by Dental, by Region, 2018 - 2030 (USD Million)
- 6.4. Medical device & equipment
- 6.4.1. Global Medical Adhesives Market, by Medical device & equipment, by Region, 2018 - 2030 (USD Million)
- 6.5. Internal medical surgery
- 6.5.1. Global Medical Adhesives Market, by Internal medical surgery, by Region, 2018 - 2030 (USD Million)
- 6.6. External medical surgery
- 6.6.1. Global Medical Adhesives Market, by External medical surgery, by Region, 2018 - 2030 (USD Million)
7. Global Medical Adhesives Market, by Technology
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 7.3. Water-based
- 7.3.1. Global Medical Adhesives Market, by Water-based, by Region, 2018 - 2030 (USD Million)
- 7.4. Solvent-based
- 7.4.1. Global Other Medical Adhesives Market, by Solvent-based, by Region, 2018 - 2030 (USD Million)
- 7.5. Hot melt
- 7.5.1. Global Other Medical Adhesives Market, by Hot melt, by Region, 2018 - 2030 (USD Million)
- 7.6. Reactive
- 7.6.1. Global Other Medical Adhesives Market, by Reactive, by Region, 2018 - 2030 (USD Million)
8. Global Medical Adhesives Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Medical Adhesives Market Assessment, By Geography, 2018 - 2030 (USD Million)
- 8.3. Medical Adhesives Market - North America
- 8.3.1. North America: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.3.2. North America: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.3.3. North America: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.3.4. Medical Adhesives Market - U.S.
- 8.3.4.1. U.S.: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.3.4.2. U.S.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.3.4.3. U.S.: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.3.5. Medical Adhesives Market - Canada
- 8.3.5.1. Canada: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.3.5.2. Canada.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.3.5.3. Canada: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4. Medical Adhesives Market - Europe
- 8.4.1. Europe: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.2. Europe.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.3. Europe: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4.4. Medical Adhesives Market - UK
- 8.4.4.1. UK: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.4.2. UK.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.4.3. UK: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4.5. Medical Adhesives Market - France
- 8.4.5.1. France: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.5.2. France.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.5.3. France: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4.6. Medical Adhesives Market - Germany
- 8.4.6.1. Germany: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.6.2. Germany.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.6.3. Germany: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4.7. Medical Adhesives Market - Italy
- 8.4.7.1. Italy: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.7.2. Italy.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.7.3. Italy: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4.8. Medical Adhesives Market - Spain
- 8.4.8.1. Spain: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.8.2. Spain.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.8.3. Spain: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4.9. Medical Adhesives Market - Netherlands
- 8.4.9.1. Netherlands: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.9.2. Netherlands.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.9.3. Netherlands: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.4.10. Medical Adhesives Market - Austria
- 8.4.10.1. Austria: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.4.10.2. Austria.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.4.10.3. Austria: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.5. Medical Adhesives Market - Asia Pacific
- 8.5.1. Asia Pacific: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.5.2. Asia Pacific.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.5.3. Asia Pacific: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.5.4. Medical Adhesives Market - China
- 8.5.4.1. China: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.5.4.2. China.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.5.4.3. China: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.5.5. Medical Adhesives Market - India
- 8.5.5.1. India: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.5.5.2. India.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.5.5.3. India: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.5.6. Medical Adhesives Market - Malaysia
- 8.5.6.1. Malaysia: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.5.6.2. Malaysia.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.5.6.3. Malaysia: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.5.7. Medical Adhesives Market - Japan
- 8.5.7.1. Japan: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.5.7.2. Japan.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.5.7.3. Japan: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.5.8. Medical Adhesives Market - Indonesia
- 8.5.8.1. Indonesia: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.5.8.2. Indonesia.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.5.8.3. Indonesia: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.5.9. Medical Adhesives Market - South Korea
- 8.5.9.1. South Korea: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.5.9.2. South Korea.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.5.9.3. South Korea: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.6. Medical Adhesives Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.6.2. Middle East & Africa.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.6.3. Middle East & Africa: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.6.4. Medical Adhesives Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.6.4.2. Saudi Arabia.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.6.4.3. Saudi Arabia: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.6.5. Medical Adhesives Market - UAE
- 8.6.5.1. UAE: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.6.5.2. UAE.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.6.5.3. UAE: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.6.6. Medical Adhesives Market - Israel
- 8.6.6.1. Israel: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.6.6.2. Israel.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.6.6.3. Israel: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.6.7. Medical Adhesives Market - South Africa
- 8.6.7.1. South Africa: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.6.7.2. South Africa.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.6.7.3. South Africa: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.7. Medical Adhesives Market - Latin America
- 8.7.1. Latin America: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.7.2. Latin America.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.7.3. Latin America: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.7.4. Medical Adhesives Market - Mexico
- 8.7.4.1. Mexico: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.7.4.2. Mexico.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.7.4.3. Mexico: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.7.5. Medical Adhesives Market - Brazil
- 8.7.5.1. Brazil: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.7.5.2. Brazil.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.7.5.3. Brazil: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
- 8.7.6. Medical Adhesives Market - Argentina
- 8.7.6.1. Argentina: Medical Adhesives Market, by Resin, 2018 - 2030 (USD Million)
- 8.7.6.2. Argentina.: Medical Adhesives Market, by Technology, 2018 - 2030 (USD Million)
- 8.7.6.3. Argentina: Medical Adhesives Market, by Application, 2018 - 2030 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. 3M
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Ashland
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Avery Dennison
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. B. Braun
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Baxter International Inc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Bostik
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. C.R. Bard, Inc
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Chemence Medical Inc
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Cohera Medical Inc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Dentsply Sirona
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. H.B. Fuller
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Heartland Adhesives
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Henkel AG & Co. KGaA
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Nitto Denko Corporation
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. The Dow Chemical Company
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development