Medical Adhesives Market

Global Medical Adhesives Market Size, Share & Trends Analysis Report by Product (Natural Resins and Synthetic & Semi-Synthetic Resins) and by Application (Dental, Tissue Bonding, Wound Closure, Medical Device and Equipment, and Others) and Forecast 2019-2025
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: | Category : Medical Devices | Delivery Format: /

The global medical adhesives market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 6.5%, during the forecast period. Medical adhesives are utilized in medicine to stick medical devices, dressing, and patching of skin, in fabricating components of medical devices and to seal wounds. Tapes, electrodes, dressings, and patches are the most common type of medical adhesives used in medical applications. It is majorly used in the surgical application in place of staples and suture. Additionally, it is used in bone and enamel reconstruction during orthopedic and dental surgery. High demand for biomedical adhesives has progressed the development and technological advancement in the molecular mechanisms of adhesives and the development of the surface science and engineering of adhesive materials. Biomedical advancements in adhesives are creating new applications for medical bonding and joining, including bonding human tissue, medical device assembly, drug-delivery systems, and wound care.  

Segmental Outlook  

The global medical adhesives market is segmented on the basis of product and application. Based on the product, the market is classified into natural resins and synthetic & semi-synthetic resins. Natural resins include collagen, fibrin, and other types of resins; whereas synthetic & semi-synthetic resins include acrylic, cyanoacrylate, epoxy, silicone, polyurethane, and other types of resins. Based on the application, the market is segregated into dental, tissue bonding, wound closure, medical device & equipment, and others. 

Global Medical Adhesives Market Share by Product, 2018 (%)

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Global medical adhesives market to be driven by synthetic resins

The synthetic resins segment is projected to have a significant market share during the forecast period. The market is growing due to increasing application of synthetic resins for several applications, such as acrylic resins for skin contact applications due to their inherent tack, strong oxidative stability, and easy adaptability to a variety of requirements, including less skin irritation and better reusability. The silicone adhesives, which possess several potential advantages, is regarded as an ideal solution for prolonged use of the dressing and electronic patch. It has significantly higher moisture vapor transmission rate and fluid handling capacity than other adhesives, which are crucial factors that govern patients’ comfort during long-term applications.

Regional Outlook 

The global medical adhesives market is further classified on the basis of geography, including North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is estimated to have a significant growth in the global market due to an increasingly aging population and the rising incidence of chronic wounds such as ulcers and others.  

Global Medical Adhesives Market Growth, by Region 2019-2025

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North America has a significant share in the global medical adhesives market

Geographically, North America is estimated to share significantly in the global market. The growing incidence of pressure ulcers (PU) due to the aging population is one of the major factors propelling market growth. Moreover, the increased per capita healthcare expenditure and the presence of major market players are driving the market in the region. Europe is another significant region in the global medical adhesives market due to the increasing number of surgical procedures that utilize medical adhesives. Further, the increasing prevalence of osteoporosis is also contributing to the market growth in the region, owing to the increased risk associated with various types of fractures which increases the demand for adhesives in medical tapes and bandages to support fractured bones.

Market Players Outlook

The major players contributing to the growth of the global medical adhesives market include 3M Co., Ashland Global Holdings Inc., B. Braun Melsungen AG, H.B. Fuller Co., Henkel Corp., Adhesives Research, Inc., Arkema Group, and Chemence Medical, Inc. The players operating in the market adopt various strategies such as technology development, product launch, merger and acquisitions for gaining a sustainable position in the market that further propels the growth of the market. For instance, in April 2019, 3M Co. announced the addition of the 3M Extended Wear Medical Transfer Adhesive, 4075 to its lineup of advanced adhesives for medical devices. 

The Report Covers

  • Market value data analysis of 2018 and forecast to 2025.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global medical adhesives market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.   

1. Report Summary

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

1.2.3. By Stakeholders

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Company Share Analysis

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. 3M Co.

3.3.1.1. Overview

3.3.1.2. Financial Analysis 

3.3.1.3. SWOT Analysis

3.3.1.4. Recent Developments

3.3.2. Ashland Global Holdings Inc. 

3.3.2.1. Overview

3.3.2.2. Financial Analysis 

3.3.2.3. SWOT Analysis

3.3.2.4. Recent Developments

3.3.3. B. Braun Melsungen AG

3.3.3.1. Overview

3.3.3.2. Financial Analysis 

3.3.3.3. SWOT Analysis

3.3.3.4. Recent Developments

3.3.4. H.B. Fuller Co. 

3.3.4.1. Overview

3.3.4.2. Financial Analysis 

3.3.4.3. SWOT Analysis

3.3.4.4. Recent Developments

3.3.5. Henkel Corp.

3.3.5.1. Overview

3.3.5.2. Financial Analysis 

3.3.5.3. SWOT Analysis

3.3.5.4. Recent Developments

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. Global Medical Adhesives Market by Product

5.1.1. Natural Resins

5.1.2. Synthetic & Semi-Synthetic Resins

5.2. Global Medical Adhesives Market by Application

5.2.1. Dental

5.2.2. Tissue Bonding

5.2.3. Wound Closure

5.2.4. Medical Device and Equipment

5.2.5. Others (Drug Delivery Patches)

6. Regional Analysis

6.1. North America

6.1.1. United States

6.1.2. Canada

6.2. Europe

6.2.1. UK

6.2.2. Germany

6.2.3. Italy

6.2.4. Spain

6.2.5. France

6.2.6. Rest of Europe 

6.3. Asia-Pacific

6.3.1. China

6.3.2. India

6.3.3. Japan

6.3.4. Rest of Asia-Pacific 

6.4. Rest of the World

7. Company Profiles

7.1. 3M Co.

7.2. Adhesives Research, Inc.

7.3. Adhezion Biomedical LLC

7.4. Arkema Group

7.5. Ashland Global Holdings Inc.

7.6. Avery Dennison Corp.

7.7. B. Braun Melsungen AG

7.8. Baxter International, Inc.

7.9. Chemence Medical, Inc.

7.10. Cohera Medical, Inc.

7.11. GluStitch Inc.

7.12. H.B. Fuller Co.

7.13. Henkel Corp.

7.14. Johnson & Johnson Services, Inc.

7.15. Libatape Pharmaceutical Co., Ltd.

7.16. Medline Industries, Inc.

7.17. Medtronic PLC

7.18. NICHIBAN Co., Ltd.

7.19. Paul Hartmann AG

7.20. Worthen Industries 

LIST OF TABLES

1. GLOBAL MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)

2. GLOBAL NATURAL RESINS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

3. GLOBAL SYNTHETIC & SEMI SYNTHETIC RESINS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

4. GLOBAL MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

5. GLOBAL MEDICAL ADHESIVES IN DENTAL APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

6. GLOBAL MEDICAL ADHESIVES IN TISSUE BONDING APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION) 

7. GLOBAL MEDICAL ADHESIVES IN WOUND CLOSURE APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

8. GLOBAL MEDICAL ADHESIVES IN MEDICAL DEVICE AND EQUIPMENT APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

9. GLOBAL MEDICAL ADHESIVES IN OTHERS APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

10. GLOBAL MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)

11. NORTH AMERICAN MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

12. NORTH AMERICAN MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)

13. NORTH AMERICAN MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

14. EUROPEAN MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

15. EUROPEAN MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)

16. EUROPEAN MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

17. ASIA-PACIFIC MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

18. ASIA-PACIFIC MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)

19. ASIA-PACIFIC MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

20. REST OF THE WORLD MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)

21. REST OF THE WORLD MEDICAL ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

LIST OF FIGURES

1. GLOBAL MEDICAL ADHESIVES MARKET SHARE BY PRODUCT, 2018 VS 2025 (%)

2. GLOBAL MEDICAL ADHESIVES MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)

3. GLOBAL MEDICAL ADHESIVES MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)

4. US MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

5. CANADA MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

6. UK MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

7. FRANCE MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

8. GERMANY MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

9. ITALY MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

10. SPAIN MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

11. ROE MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

12. INDIA MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

13. CHINA MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

14. JAPAN MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

15. REST OF ASIA-PACIFIC MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)

16. REST OF THE WORLD MEDICAL ADHESIVES MARKET SIZE, 2018-2025 ($ MILLION)