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The Medical Adhesives Market Size was valued at USD 9.1 Billion in 2022. The Medical Adhesives market industry is projected to grow from USD 9.58 Billion in 2023 to USD 16.48 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.15%
Increasing Demand for Minimally Invasive Procedures: The growing preference for minimally invasive surgical procedures drives the demand for medical adhesives, which are used for wound closure, tissue bonding, and sealing. As patients seek faster recovery times and reduced scarring, healthcare providers increasingly rely on medical adhesives for less invasive treatment options, influencing market growth.
Advancements in Medical Technology: Technological advancements in medical devices and surgical techniques drive innovation in medical adhesives. Integration of advanced materials, such as cyanoacrylates, polyurethanes, and hydrogels, enhances the performance, biocompatibility, and versatility of medical adhesives, shaping market trends and adoption rates.
Aging Population and Chronic Diseases: The aging population and the prevalence of chronic diseases contribute to the growing demand for medical adhesives in wound care and tissue repair applications. As the elderly population increases and chronic diseases become more prevalent, the need for advanced wound closure and tissue bonding solutions grows, driving market demand.
Regulatory Compliance and Quality Standards: Adherence to regulatory requirements, such as FDA (Food and Drug Administration) approvals, CE (Conformité Européenne) marking, and ISO (International Organization for Standardization) certifications, is essential for manufacturers of medical adhesives to ensure product safety and efficacy. Compliance with regulatory standards influences market competitiveness and customer trust.
Shift towards Ambulatory Care Settings: The shift towards ambulatory care settings, such as outpatient clinics and ambulatory surgery centers, drives the demand for medical adhesives for use in minor surgeries and wound care procedures. As healthcare delivery models evolve and patients seek convenient and cost-effective treatment options, the demand for medical adhesives in ambulatory care settings increases, influencing market dynamics.
Emerging Applications in Medical Devices: Medical adhesives find applications in various medical devices, including wearable sensors, drug delivery systems, and diagnostic devices. The integration of medical adhesives with advanced medical devices enables innovative solutions for patient monitoring, drug administration, and disease diagnosis, driving market growth and diversification.
Cost-Effectiveness and Efficiency: The cost-effectiveness and efficiency of medical adhesives compared to traditional wound closure methods, such as sutures and staples, influence their adoption in clinical settings. Healthcare providers seek adhesive solutions that offer faster application, reduced procedure time, and improved patient outcomes, shaping market demand and pricing dynamics.
Market Competition and Innovation: The competitive landscape within the medical adhesives market, characterized by the presence of key players, market share distribution, and technological innovations, influences market dynamics. Manufacturers need to innovate, differentiate their offerings, and collaborate with healthcare providers to address unmet clinical needs and gain a competitive edge in the market.
Global Healthcare Expenditure and Infrastructure: Global healthcare expenditure and infrastructure development influence the demand for medical adhesives in different regions. As countries invest in healthcare infrastructure development and healthcare access improves, the demand for medical adhesives for surgical procedures and wound care management grows, driving market expansion opportunities.
Consumer Awareness and Preference for Advanced Wound Care: Increasing consumer awareness of wound care options and preferences for advanced wound care products drive the demand for medical adhesives. Patients seek adhesive solutions that offer faster healing, reduced scarring, and improved comfort, influencing market trends and product development.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 9.1 Billion |
| Market Size Value In 2023 | USD 9.58 Billion |
| Growth Rate | 7.15% (2023-2030) |
Medical Adhesives Market Highlights:
Global Medical Adhesives Market Overview
The Medical Adhesives Market Size was valued at USD 9.1 Billion in 2022. The Medical Adhesives market industry is projected to grow from USD 9.58 Billion in 2023 to USD 16.48 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.15% during the forecast period (2023 - 2030).In bonding materials like metal and plastic, medical adhesives are extensively helpful. These medical adhesives have different forms that are used extensively for various purposes, which are in different materials such as films, textiles, and nonwoven. medical adhesives products are offering better manufacturing flexibility as well as strong adhesion. Accordingly, the medical industry’s research and development are growing day by day. These kinds of development are increasing the medical adhesives products demand. Hence, the Medical Adhesives Market is expected to increase its market value for the review period.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Medical Adhesives Market Trends
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High investment in innovation and development of medical devices.
Medical adhesives can be used in various applications ranging from internal & external medical applications to medical device assembly. For instance, the closing of skin wounds through stitching as previously is now being replaced by special cyanoacrylates. The advantage offered by these products is that the wound is easily covered. According to the World Health Organization, the population is suffering from an epidemic of an unhealthy lifestyle. According to the organization, cardiovascular diseases are linked to an unhealthy lifestyle.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Additionally, there is a rise in the number of people who are afflicted with cardiovascular diseases. Further, the applications of the product in internal medical applications such as heart surgeries are widely expanding. For instance, fibrin-based adhesives that act as binding agents having a static effect are witnessing rapid growth in heart surgery. In addition, the rising elderly population is the main factor supporting market growth. The elderly population is more susceptible to various diseases compared to the younger population. It is likely to create a suitable platform for market growth over the coming years.
Medical Adhesives Market Segment Insights
Medical Adhesives Product Insights
The Medical Adhesives market segmentation, based on Product, includes Synthetic and Natural Products. Synthetics can be further classified into acrylic, silicone, Cyanoacrylate, Polyethylene glycol, and Others. Natural can be further sub-segmented into Collagen, Fibrin, Albumin, and Other Natural. Synthetic is the dominant segment and held the largest market share due to its high-quality performance over natural. Further, these adhesives can be modified depending on the need and have better adhesive properties than natural adhesives.
Medical Adhesives Application Insights
Based on Application, the Medical Adhesives market segmentation includes internal, external, and dental. Dental is the dominating segment for Medical Adhesives as it held the largest market share in 2021 and these adhesives are used a lot in dentistry like Denture Bonding, Dental surgical Tissue Bonding, Restorative Adhesives, and others.
Figure 2: Medical Adhesives Market, by Resin, 2023 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Medical Adhesives Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. the North American region dominates the market by generating over 25% Medical Adhesives Market Share for the forecast period. This region is driving the growth of the market due to the high investment in medical device innovation and development and the presence of leading pharmaceutical companies in the region.
Figure 3: MEDICAL ADHESIVES MARKET SHARE BY REGION 2023 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
the European market is predicted to enhance the application of the medical device as well as increase the market growth due to the high old age population and increase in the number of chronic diseases in this region. This region is spending a lot of amount on the development of medical adhesives, which is predicted to grow in the Medical Adhesives Market during the forecast period.
Medical Adhesives Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Medical Adhesives market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Medical Adhesives industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Medical Adhesives. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Medical Adhesives industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Medical Adhesives industry to benefit customers and expand the market sector. The Medical Adhesives market has recently given medicine some of the most important advantages. Major Medical Adhesives market players, including H.B. Fuller (US), Johnson & Johnson (US), Ashland Inc. (US), 3M (US), and others, are attempting to increase market demand by funding R&D initiatives.
H.B. Fuller Company is a company that formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. The company operates in three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives.
Also, Johnson & Johnson is a holding company that engages in the research and development, manufacture, and sale of a range of products in the healthcare field. The company operates in three business segments: Consumer, Pharmaceutical, and Medical Devices. The Consumer segment includes a range of products used in baby care, oral care, beauty, over-the-counter pharmaceutical, women’s health, and wound care markets.
Key Companies in the Medical Adhesives market include
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H.B. Fuller (US)
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Johnson & Johnson (US)
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Ashland Inc. (US)
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3M (US)
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Arkema Group (France)
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Henkel AG & Company
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Chemence (UK)
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Avery Dennison Corporation (US)
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Dow (US)
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Cohera Medical, Inc. (US)
Medical Adhesives Industry Developments
In April 2021, 3M announced a new addition to a new class of silicone adhesives, 2484 3M™ Single, Coated Medical Film Tape with Hi-Tack Silicone Adhesive on Liner, which is secure and gentle to assist support device compliance by end-users. The company revealed that the new addition to the company product portfolio is to meet the growing demand for medical adhesives worldwide. The latest 2484 3M Hi-Tack Silicone Adhesive is conformable, breathable, minimizes skin cell removal, and allows over seven-day wear time that makes it an ideal choice to be used on fragile skin. At present, the company Hi-Tack Silicone Adhesive Portfolio includes 2484 3M Hi-Tack Silicone Adhesive and 2480 3M Hi-Tack Silicone Adhesive launched last year. 3M expects the portfolio to expand over time.
November 2021, A producer of adhesive patches and tapes for medical devices used by people with diabetes, Skin Grip, has produced Underlayer's latest product. The product is engineered to decrease the amount of skin irritation while using medical devices, particularly the users with sensitive skin issues, which come Internal on those devices. The product is complementary to Skin Grip's hypoallergenic patches and tape used to secure diabetic sensors to the body. The Underlayer operates by generating a barrier- a thin layer of non-adhesive material- between the user's skin and their medical device. The product is reusable and can be used with each new sensor application.
Medical Adhesives Market Segmentation
Medical Adhesives Product Outlook
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Natural
Medical Adhesives Application Outlook
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Internal
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External
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Dental
Medical Adhesives Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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