The global medical
adhesives market is expected to reach USD 17.02 billion by 2025,
according to a new report by Grand View Research, Inc. The growing use of medical
adhesives in dental and medical device & equipment segment is anticipated
to strengthen the market growth.
Medical adhesive applications have witnessed
significant growth in the past few years and the growth is anticipated to
trigger in the forthcoming years. Adhesives are likely to register growth in
disposable medical devices market due to improved processing procedures and
technology IES. Dental appliances and curing equipment play a significant role
in the design and manufacturing of the medical equipment. The rising population
and improvements in medical practices are expected to continue to fuel the
growth of medical adhesives including catheters, implants, and drug-delivery
systems.
The growth in Asia Pacific is likely to outpace the
growth in the U.S. and Europe. The region is projected to register a CAGR of
9.9% over the forecast year as a large number of manufacturing companies have
shifted to this region. Dental adhesives, used for medicinal and dental
apparatus fabrication, accounted for approximately USD 2,241.97 million in
2016.
Among dental applications, medical device &
equipment, dental, internal & external medical applications accounted for
over 85% demand in 2016. The rapid growth is foreseen for dental end-use
applications with fast growth estimated in smaller segments such as tissue
bonding application that is correlated with periodontal care.
Cyanoacrylate-based medical adhesive is likely to penetrate both internal &
external medicinal uses based on the commercialization of innovative grades
with improved flexibility and biocompatibility.
Browse full research report on Global Medical Adhesives Market: https://www.grandviewresearch.com/industry-analysis/medical-adhesives-market
Further
key findings from the report suggest:
- The global medical adhesives market was valued at USD 7.59 billion
in 2016 and is expected to progress at a CAGR of 9.5% from 2017 to 2025
- Water-based segment dominated the market in 2016 followed by
solvent-based segment
- Dental was the largest application segment in 2016 and the trend is
expected to continue over the forecast period. The segment is expected to
register 9.9% CAGR in the coming years.
- Asia Pacific is anticipated to be the fastest-growing segment at a
predicted CAGR of 9.9% from 2017 to 2025
- Increasing demand from healthcare industry is projected to drive
the regional market in Asia Pacific
- Some of the major players in the industry include H.B. Fuller; 3M
Company; Ashland; The DOW Chemical Company; Bostik Ltd. (An Arkema
Company); Henkel AG & Co. KGaA; Ethicon (Johnson & Johnson) ;
Chemence Ltd.; Cohera Medical, Inc.; and Avery Dennison Corporation
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand
View Research has segmented the global medical adhesives market on the basis of
resin type, technology, application, and region:
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
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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