Industry Background:
Topical Skin Adhesive is a wound closure device that is fast, precise, and easy to use. These adhesives inhibit the growth of bacteria and provide the highest bond strength with a microbial barrier. These adhesives are extensively used in minimally invasive procedures and small lacerations. Moreover, these adhesives have water-resistant nature of the covering and thus are do not require regular dressing. The growing need to improve patient care is driving the market size.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Medtronic (United States), Ethicon (United States), Advanced Medical Solutions Group plc (United Kingdom), Pfizer Inc. (United States), Connexicon Medical (Ireland), Chemence Medical, Inc. (United States), Adhezion Biomedical (United Kingdom), GluStitch Inc. (United States), Meyer-Haake GmbH (Germany), Beijing Compont Medical Devices Co. Ltd. and Cardinal Health (United States) |
According to AMA, the market for Topical Skin Adhesive is expected to register a CAGR of 9.1% during the forecast period to 2027. This growth is primarily driven by Growing Number Of Trauma Cases And Road Accidents and Demand for Ease to Apply Solutions for Moist Wound Healing.
Globally, a noticeable market trend is evident Technological Innovation In The Skin Adhesive Products The Managed Health Care sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Medtronic (United States), Ethicon (United States), Advanced Medical Solutions Group plc (United Kingdom), Pfizer Inc. (United States), Connexicon Medical (Ireland), Chemence Medical, Inc. (United States), Adhezion Biomedical (United Kingdom), GluStitch Inc. (United States), Meyer-Haake GmbH (Germany), Beijing Compont Medical Devices Co. Ltd. and Cardinal Health (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global topical skin adhesive market is highly competitive and consists of a limited number of vendors who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for the market growth.
Influencing Trend:
Technological Innovation In The Skin Adhesive Products
Market Growth Drivers:
Growing Number Of Trauma Cases And Road Accidents and Demand for Ease to Apply Solutions for Moist Wound Healing
Challenges:
Side Effects Of Topical Skin Adhesives
Restraints:
Lack Of Regulatory Policies
Opportunities:
Preference For Minimally Invasive Surgeries and Out-Patient Based Surgical Options In Ambulatory Surgical Centers
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Topical Skin Adhesive Market
- Analysis about New Entrants in Topical Skin Adhesive Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Topical Skin Adhesive Study Sheds Light on
The Topical Skin Adhesive Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Topical Skin Adhesive industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Topical Skin Adhesive industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.