The global Medical Adhesives Market crossed USD 7.59 billion in 2016. Medical adhesion has grown tremendously in the last two decades. Prevalence of skin injury and non-recognized severities occurring across clinical care settings and all age groups are expected to drive the market in the years to come. By using proper techniques for the application and removal of adhesive products, tissue trauma can prevail; which, in turn, creates an impact on patient safety, thus increasing the costs of healthcare facilities.
Medical adhesives tend to be an inseparable part of healthcare delivery and widely used in every specialty for all medical settings. Medical adhesives are extensively used in hospitals to deploy medical dressings, life support equipment, and monitoring devices that require meticulous consideration and proper knowledge of skin and adhesives. Medical pressure-sensitive products are vital in the medical device industry and prominently used in hospitals. These medical products comprise adhesive transfer tapes, double and single side coated tapes.
The adhesive tapes are normally used by medical OEMs to comply with medical devices, pouches, and strips for medical diagnosis to manage waste discharges. Single side coatings are used as medical tapes, surgical drapes, wound dressings, skin attachments for electrodes, medical sensors, and IV dressings. With the increase in global population coupled with the use of novel production techniques, the market for the medical adhesives industry witnesses upward traction.
The medical adhesives market is driven by factors such as a rise in consumer health awareness coupled with increasing demand for medical adhesion. In addition, the use of novel production techniques having a wide range of applications for dental surgeries and numerous technological advances have propelled the market growth shortly.
The medical adhesives industry segmentation is based on types such as cyanoacrylate, polyurethane, epoxy silicone, and acrylic adhesive. Based on the application segment, the medical adhesives market includes pressure-sensitive, wound closure, and tissue bonding.
Geographic segmentation for the medical adhesives industry includes North America, Latin America, Europe, Asia-Pacific, the Middle East, and Africa. The North American market accounted for a significant CAGR in 2016 and is estimated to register higher CAGR during the forecast period. The asia-Pacific market for medical adhesives is likely to grow at a significant CAGR in the forthcoming period owing to the cost-effective features and versatility offered by medical adhesives. The key players in the medical adhesives market include 3M Company, H.B. Fuller Ashland, The DOW Chemical Company, Henkel AG & Co, Bostik Ltd, Ethicon, Chemence Ltd, Avery Dennison Corporation, and Cohera Medical Inc.
Market Segment:
Resin Type Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
• Acrylic Adhesive
• Polyurethane
• Cyanoacrylate
• Epoxy
• Silicone
• Others
Technology Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
• Water-based
• Solvent-based
• Hot Melt
• Others
Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
• Dental
• Medical Device & Equipment
• Internal Medical Application
• External Medical Application
• Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• The Middle East & Africa
• Central & South America
Research Support Specialist, USA