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    Medical Adhesives Market | Covid-19 Impact Analysis

    Medical Adhesives Market | Covid-19 Impact Analysis

    Medical Adhesives Market | Covid-19 Impact Analysis
    Report code - SRAM497 Delivery - 2 Weeks
    Medical Adhesives Market Size, Share, Trend, Forecast, & Industry Analysis – 202 See more...
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    Impact of COVID-19 on Medical Adhesives Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Medical Adhesives Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Medical Adhesives Market Insights

    Medical Adhesives market is likely to witness a CAGR of 7.0% during the forecast period. The prime factors that are driving the medical adhesives market are the increasing number of minimally invasive surgeries, high growth in the medical implants market, and rise in population, income level, and health awareness in the developing regions.

    Medical Adhesives Market – Snapshot

    Growth

    7.0% for the next five years

    Major Resin Type

    Natural Resin

    Fastest Growing Technology Type

    Solids & Hot Melt Technology

    Region with the highest growth

    Asia-Pacific

    Key Players

    Ethicon, Inc. (Johnson & Johnson Services), Henkel AG & CO. KGAA, The 3M Company, and Baxter International Inc.

     

    Market Share Analysis

    Medical-Adhesives-Market-Dominant-Segments

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    Medical Adhesives Market Share: By Resin Type

    Based on the resin type, the market is segmented as natural resin and synthetic and semi-synthetic resins. Natural resins are expected to remain the major segment of the market during the forecast period. Natural resin is further segmented into fibrin, collagen, and others. Synthetic and semi-synthetic resins are further classified as acrylic, silicone, cyanoacrylate, epoxy, polyurethane, and others.

    Medical Adhesives Market Share: By Technology Type

    Based on the technology type, the medical adhesives market is segmented as water-based, solvent-based, and solids & hot-melt based. Solids & hot-melts based medical adhesives are expected to witness the highest growth during the forecast period. These adhesives are entirely based on thermoplastic polymers, which are heated and applied in the molten state and set to form a bond on cooling and solidification.

    Medical Adhesives Market Share: By Region

    In terms of regions, Asia-Pacific is expected to witness the fastest growth during the forecast period. Significant economic growth in the region, growing disposable income of consumers, low-cost labor, and huge consumer base are the major factors driving the growth of the market. Europe and North America are also expected to offer significant growth opportunities during the forecast period.

    Medical-Adhesives-Market-By-Region

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    Some of the major suppliers of medical adhesives are-

    • Ethicon, Inc. (Johnson & Johnson Services)
    • Henkel AG & CO. KGAA
    • The 3M Company
    • Baxter International Inc.

     

    Market Scope & Segmentation

    Medical adhesives are employed to bond products, such as dialysis filters, syringes, blood bags, and tube connections. Further, they are also used to seal and bind tissues and achieve hemostasis. Medical Adhesives can be categorized based on resin type into natural resin and synthetic and semi-synthetic resin. On the basis of application type, they can be categorized into dental, internal surgery, external surgery, medical device & equipment, and others. By technology type, they can be classified as water-based, solvent-based, and solids & hot-melt-based.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Medical Adhesives Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The medical adhesives market is segmented into the following categories. 

    Medical Adhesives Market Size, Share, & Forecast, by Resin Type:

    • Natural Resin
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Resin Type Analysis: Fibrin, Collagen, and Others
    • Synthetic & Semi-synthetic Resin
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Resin Type Analysis: Acrylic, Silicone, Cyanoacrylate, Epoxy, Polyurethane, and Others

    Medical Adhesives Market Size, Share, & Forecast, by Technology Type:

    • Water-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Solvent-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Solids & Hot-Melt-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Medical Adhesives Market Size, Share, & Forecast, by Application Type:

    • Dental (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Internal Surgery (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • External Surgery (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical Device & Equipment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Medical Adhesives Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Medical-Adhesives-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the resin types by technology type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Medical Adhesives Market in the foreseeable future?

    Medical adhesives market is expected to witness an impressive growth of 7.0% CAGR in the foreseeable future.

    Who are the key players in the Medical Adhesives Market?

    Ethicon, Inc. (Johnson & Johnson Services), Henkel AG & CO. KGAA, The 3M Company, and Baxter International Inc are among the key players in the medical adhesives market.

    Which country/region is expected to witness the fastest growth in the Medical Adhesives Market?

    Asia-Pacific is expected to witness the fastest growth in the medical adhesives market during the next five years.

    Which resin type is expected to remain the major segment of the Medical Adhesives Market?

    Natural Resins are expected to remain the major segment of the medical adhesives market in the coming years.

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