As per this study, the Global Medical Adhesives And Sealants Market was valued USD 18.86 BN (by revenue) in 2021 and is anticipated to reach USD 35.87 BN by 2028 with a CAGR of 9.62%. By volume, the market was estimated at XX KT in 2021 and is expected to reach XX KT by 2028 with a CAGR of XX%.
Medical adhesives and sealants are the chemical formulations that commonly used for bonding application during surgical procedures. They are made up of a wide range of fabrication materials and basically composed synthetic and natural formulations which are suitable for skin and suture. They have become the ideal choice for the surgical procedure because of advantage offered such as ease of use, and non-invasiveness and cost-effective.
Market Dynamics
Rising number of the surgical procedure along with the growing usage of the product for dental application is predicted to boost the market growth. Also, the advent of improved external application consumer product such as medical tapes and wound care solution is again fueling the industry growth. Further, growing awareness regarding effective management of tissue sealing and hemostasis management during surgical procedures is further propelling the product demand.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of medical adhesives and sealants.
Market Segmentation
The broad medical adhesives and sealants market has been sub-grouped into product type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Synthetic
- Acrylic
- Silsicones
- Cyanoacrylate
- Polyethylene Glycol
- Other Medical Adhesives And Sealants
- Natural
- Collagen
- Fibrin
- Albumin
- Others Natural Medical Adhesives And Sealants
By Application
- Internal
- External
- Dental Applications
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for medical adhesives and sealants in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Medical Adhesives And Sealants Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the medical adhesives and sealants market include 3M Company, Adhesives Research Inc., Ashland Inc., Avery Dennison, Baxter International, CryoLife Inc., Dentsply International, HB Fuller, Henkel AG, and Johnson and Johnson. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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