Global Medical Adhesives Market Expanding at a CAGR of 25% during 2023-2028

MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Medical Adhesives Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Analysis and Insights into the Global Medical Adhesives Market: 2023-2028

The Global Medical Adhesives Market is projected to grow at a CAGR of around 25% during the forecast period, i.e., 2023-28.

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Global Medical Adhesives Market Key Trend:

Evolution of Conventional Adhesives to Bio-compatible Medical Adhesives – The wide application of medical adhesives in medical procedures such as surgeries, denture fixtures, etc., has led companies to formulate adhesives that are compatible & do not rash the skin of the patient. The companies are now focusing on the manufacturing of biocompatible medical adhesives to improve their application in medical devices due to the presence of fewer toxic substances, which are non-cytotoxic, non-sensitizing, and non-irritating functionalities.

Additionally, a growing trend in the usage of bio-compatible adhesives owing to the rising adoption by companies to manufacture silicone-related wearables such as gloves used by doctors during surgeries, the sportsperson using silicone costumes for the activities such as swimming, diving, etc., has also led to a surge in demand for biocompatible adhesives.

Furthermore, rising customer awareness of their health and wellness is increasing demand for medical devices, which, in turn, generates the popularity of medical adhesives due to factors such as binding properties. In addition, medical adhesives have glass substrates & strong binding properties, making them an excellent barrier against moisture & oxygen permeation.

Global Medical Adhesives Market Segmentation:

The Global Medical Adhesives Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.

By Technology

-Water Based

-Solvent Based

-Solid & Hot Melt

By Type

-Pressure Sensitive Adhesives

-Dissolvable Adhesives

-Electrical Conductive Adhesives

By Resin

-Natural

-Collagen

-Fibrin

-Synthetic & Semi-synthetic

-Cyanoacrylate

-Epoxy

-Acrylic

-Polyurethane

-Others (Silicone, Polyamide, etc.)

By Application

-Dental

-Internal & External Surgeries

-Cardiovascular

General

-Orthopedic

-Urological

-Others (Pulmonary, Ophthalmic, etc.)

-Medical Devices & Equipment

-Needles & Syringes

-Catheters

-Others (Face Mask, Tube sets).

Geographical Analysis into the Global Medical Adhesives Market:

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/medical-adhesives-market.html

Competitive Landscape and Global Medical Adhesives Market Share Analysis:

The competitive landscape of the Global Medical Adhesives Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.

The report features major players including:

Ethicon, Inc., Henkel AG & Co. KGaA, B. Braun Melsungen AG, Adhezion Biomedical, LLC, Covidien (Medtronic), Dentsply Sirona, Advanced Medical Solutions Group PLC, Becton Dickinson (BD), H.B. Fuller Company, Ashland Inc, Arkema Group, Chemence , Cohera Medical Inc., GluStitch, GEM S.R.L, Others [Adhesive Systems Inc, Engineering Adhesives & Lubricants (Aust) Pty Ltd].

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Questions Addressed in this Study

• What factors are driving the Global Medical Adhesives Market growth?
• How is the Global Medical Adhesives Market expected to grow over the next five years?
• What are the key insights into the current trends in the Global Medical Adhesives Market?
• What is the current size of the Global Medical Adhesives Market, and how is it projected to change in the future?
• What is the future outlook for the Global Medical Adhesives Market in terms of technological advancements and market expansion?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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