San Francisco, 20 March 2019: The Report Medical Adhesives Market Analysis By Resin Type (Acrylic Adhesive, Polyurethane,
Cyanoacrylate, Epoxy, Silicone), By Technology, By Application, By Region, And
Segment Forecasts, 2018 - 2025
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.
Access Research Report of Medical Adhesives Market @ http://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 at: 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
·
Europe
·
Asia Pacific
·
The Middle East & Africa
·
Central & South America
Access Press Release of
Medical Adhesives Market@ https://www.grandviewresearch.com/press-release/global-medical-adhesives-market
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.
