Market Research Report
Medical Adhesives Market Analysis By Resin Type (Acrylic Adhesive, Polyurethane, Cyanoacrylate, Epoxy, Silicone), By Technology, By Application, By Region, And Segment Forecasts, 2014 - 2025
|Published by||Grand View Research, Inc.||Product code||600873|
|Published||Content info||120 Pages
Delivery time: 2-3 business days
|Medical Adhesives Market Analysis By Resin Type (Acrylic Adhesive, Polyurethane, Cyanoacrylate, Epoxy, Silicone), By Technology, By Application, By Region, And Segment Forecasts, 2014 - 2025|
|Published: November 29, 2017||Content info: 120 Pages||
The global medical adhesives market is expected to reach USD 17.02 billion by 2025, according to a new report by Grand View Research, Inc. The growing use of medical adhesives in dental and medical device & equipment segment is anticipated to strengthen the market growth.
Medical adhesive applications have witnessed significant growth in the past few years and the growth is anticipated to trigger in the forthcoming years. Adhesives are likely to register growth in disposable medical devices market due to improved processing procedures and technology IES. Dental appliances and curing equipment play a significant role in the design and manufacturing of the medical equipment. The rising population and improvements in medical practices are expected to continue to fuel the growth of medical adhesives including catheters, implants, and drug-delivery systems.
The growth in Asia Pacific is likely to outpace the growth in the U.S. and Europe. The region is projected to register a CAGR of 9.9% over the forecast year as a large number of manufacturing companies have shifted to this region. Dental adhesives, used for medicinal and dental apparatus fabrication, accounted for approximately USD 2,241.97 million in 2016.
Among dental applications, medical device & equipment, dental, internal & external medical applications accounted for over 85% demand in 2016. The rapid growth is foreseen for dental end-use applications with fast growth estimated in smaller segments such as tissue bonding application that is correlated with periodontal care. Cyanoacrylate-based medical adhesive is likely to penetrate both internal & external medicinal uses based on the commercialization of innovative grades with improved flexibility and biocompatibility.