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Medical Adhesives and Sealants - Global Market Outlook (2019-2027)

Medical Adhesives and Sealants - Global Market Outlook (2019-2027)

4.1 (32 reviews)
Published: December 2020 ID: SMRC20189
4.1 (32 reviews)
Published: December 2020 ID: SMRC20189

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Medical Adhesives and Sealants Market is accounted for $9,867.90 million in 2019 and is expected to reach $20,545.14 million by 2027 growing at a CAGR of 9.6% during the forecast period. Some of the key factors propelling the market growth include increasing number of surgical procedures in developed and developing economies, increasing aging population across the globe, increasing number of medical implantation/transplantaion procedures being carried out, and rising adoption of minimal invasive procedures. However, stringent regulations associated with medical grade products coupled with lack of proper reimbursement policies for medical services are projected to hamper market growth during the forecast period.

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Medical adhesives and sealants are chemical formulations that are safe for use in bonding applications during medical procedures. The use of adhesives and sealants in medical applications is relatively new except in joint implants and dentures.

By product, synthetic segment is anticipated to grow at the significant rate during the forecast period, due to nature of healthcare needs, aging population, awareness and demand for advanced treatments and procedures. The use of these products is majorly dependent on the development of the overall healthcare market. Synthetic adhesives and sealants segment has undergone phenomenal development with respect to versatility, adhesive strength, life, biocompatibility, etc.

On the basis of geography, Asia-Pacific is ranked as the significant growing regional market during the forecast period, due to rapid development of healthcare infrastructure, offshoring of auxiliary businesses by international players, and increased scale of medical tourism in the region. In addition, increase in the number of surgical procedures being performed also has led to the growth in demand for medical adhesives and sealants in the region.

Some of the key players in Medical Adhesives and Sealants Market include Неnkеl АG & Соmраnу, В. Вrаun Меlѕungеn, C. R. Bard, Inc., Ѕсара Неаlthсаrе, Lоhmаnn GmbН, Johnson & Johnson, Еthісоn Іnс., Сhеmеnсе Ltd., 3М, Аdhеѕіоn Віоmеdісаl, Воѕtіk Ltd., Medtronic Plc, Соhеrа Меdісаl Іnс., Вахtеr Іntеrnаtіоnаl Іnс., GЕМ Ѕ.r.l, Меуеr-Нааkе Gmbh, Соvіdіеn Ltd., and Суbеrbоnd LLС.

Products Covered:
• Natural
• Synthetic

Technologies Covered:
• Solvent-borne
• Waterbourne
• Solids & Hot Melt-based

Applications Covered:
• Dental
• Medical Adhesives & Sealants

Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider

End Users Covered:
• Dental Care
• Clinics
• Hospitals
• Ambulatory Surgical Centers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea          
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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