About Medical Adhesives Therapeutics
Adhesives engaged in medical practices are usually used for surgical procedures and appliance bonding. While medical adhesives include a wide range of fabrication materials, they are normally composed of synthetic or biological formulations. Various adhesives are combined into medical devices and are either disposable or are used multiple times. High strength bonding adhesives are able to resist high heat ranges, some are compatible with electronic devices. Many adhesives are ideal for connecting a wide range of substrate surfaces which includes metals, plastics and rubbers, while others are suitable for skin and suture applications.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.0% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Medical Adhesives Therapeutics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Henkel (Germany), Adhesion Biomedical (United States), Adhesives Research (United States), Ashland (United States), Avery Dennison (United States), B. Braun (Germany), Bostik (United States), Chemence (United States), Johnson and Johnson (United States), GluStitch (Canada) and Baxter (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are H.B. Fuller (United States), Dentsply Sirona (United States) and Cyberbond (United States).
Segmentation Overview
AMA Research has segmented the market of Global Medical Adhesives Therapeutics market by Type (Natural Resins and Synthetic Resins [Acrylic, Silicone, Polyurethanes]), Application (Dental, External Medical, Internal Medical and Medical Devices and Equipment) and Region.
On the basis of geography, the market of Medical Adhesives Therapeutics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Advancements in Medical Adhesives
Market Growth Drivers:
Increasing Demand of the Medical Adhesives in Surgical Procedures and Rising Use of Adhesives in Bandage
Challenges:
Dearth of Reimbursement Policies for the Use of Synthetic Grade Products
Restraints:
Unstable Price of Petroleum Based Medical Adhesives
Opportunities:
Rising Awareness about the Advantages of Medical Adhesives
Market Leaders and their expansionary development strategies
On Sept. 20, 2023, Orionis Biosciences, a privately held US-based life sciences company with an integrated drug discovery and chemical biology platform, announced that it has entered into a multi-year collaboration with Genentech, a member of the Roche Group, under which the companies will discover novel small-molecule therapeutics for challenging disease targets, including oncology and neurodegeneration.
In 2022, 3M has launched an adhesive tape that can attach medical devices to a patient's skin for up to 21 days. According to 3M, 3M Medical Tape 4576, based in Maplewood, Minnesota, is flexible, snug, and "sticky to the skin", making it ideal for devices that require continuous, long-term wear both inside and outside healthcare facilities.
Key Target Audience
Manufacturers of Medical Adhesives, Suppliers of Medical Adhesives, Wholesalers, Distributors and Retailers of Medical Adhesives, Healthcare Industry, Research Organizations and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.