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Global Medical Adhesives Market Size, Share, Trends, Report: By Resin Type: Synthetic Resins, Non-Synthetic Resins; By Technology: Water Based, Solvent-Based, Hot Melts, Others; By Application: Dental, Medical Devices and Equipment, Internal Medical Application, Others; Regional Analysis; Supplier Landscape; 2024-2032
Global Medical Adhesives Market Size
The global medical adhesives market was valued at USD 11 billion in 2023, driven by the increasing geriatric population and rising demand for surgical procedures across the globe. The market is expected to grow at a CAGR of 7.5% during the forecast period of 2024-2032, with the values likely to reach USD 21.08 billion by 2032.
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Global Medical Adhesives Market Outlook
- The demand for medical adhesives is increasing, owing to the rise in cosmetic and plastic surgeries with increasing consciousness around appearance and advancements in cosmetic and plastic surgery techniques.
- One of the major market trends is the growing awareness among healthcare professionals and patients regarding the benefits of medical adhesives, such as reduced surgical time, improved wound healing, and better cosmetic outcomes.
- The external medical application segment is experiencing significant growth driven by the continuous advancements in medical adhesives, such as the development of bio-adhesives and tissue adhesives with improved properties like biocompatibility, flexibility, and strength.
Global Medical Adhesives Market Overview
Medical adhesive refer to a substance or material used to bond or seal tissues, wounds, or medical devices in various healthcare applications. These adhesives are specifically formulated and manufactured to meet stringent requirements for biocompatibility, sterility, and safety in medical settings. They play a crucial role in surgical procedures, wound closure, tissue engineering, and medical device assembly.
Due to increased demand for remote patient monitoring services and equipment such as pulse oximeters and wearable drug delivery systems, telehealth solutions gained traction rapidly during the pandemic. This also boosted the demand for durable medical adhesives in the region. The trend is expected to continue, owing to the increasing viability of this approach, the convenience it provides, and the growing number of elderly people who are confined to home treatment settings due the pandemic. Other factors influencing the demand of medical adhesives include disruptions in footfall to hospitals and clinics, and the benefits that have arisen since these services have been deployed.
Global Medical Adhesives Market Growth Drivers
Increase in Road Accidents Boosts Market Growth
The increasing geriatric population and rising number of road accidents are the primary factors driving the growth of the medical adhesives market. Closing wounds to prevent the spread of infections is crucial. Medical adhesives are widely used in road accident associated surgeries. Road traffic crashes account for approximately 1.19 million deaths each year. Recent data by WHO (World Health Organization) reveals that road traffic injuries are currently estimated to be the 8th leading cause of death across all age groups globally and are predicted to become the 7th leading cause of deaths by 2030.
Increasing Aging Population and Chronic Diseases
The global population is aging rapidly, leading to a higher prevalence of chronic diseases that require medical interventions. As a result, there's a growing demand for surgeries and medical procedures where medical adhesives are essential. According to the World Health Organization (WHO), the global population aged 60 years and older is expected to double by 2050, reaching nearly 2.1 billion. This demographic shift is expected to significantly increase the demand for medical adhesives for wound closure, tissue bonding, and sealing in surgical procedures among the elderly population.
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Global Medical Adhesives Market Trends
The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:
| Key Trends | Impact |
| Growing Chronic Diseases | Chronic diseases like cardiovascular diseases, diabetes, and cancer are on the rise globally. These conditions often require surgical interventions, where medical adhesives find extensive use for wound closure and tissue bonding and is likely to elevate the market value. |
| Preference for Minimally Invasive Procedures | The preference for minimally invasive surgical procedures is growing due to benefits like reduced recovery times, less scarring, and lower risk of complications. Medical adhesives play a crucial role in these procedures by enabling precise tissue approximation without the need for traditional sutures thereby propelling the market growth. |
| Rise in Strategic Partnerships | The medical adhesives market share is influenced by strategic merger and acquisition activities among manufacturers, healthcare providers, and technology companies that are driving innovation and fostering market expansion. These collaborations are accelerating the development of advanced products and augmenting the market reach of medical adhesives. |
| Increasing Regulatory Support | Stringent regulations regarding patient safety and the quality of medical devices are encouraging the development of high-quality and compliant medical adhesive products. Regulatory support ensures that only safe and effective products enter the market, boosting consumer confidence and market growth is anticipated to further boost the market share. |
Global Medical Adhesives Market Segmentation
Market Breakup by Resin Type
- Synthetic Resins
- Acrylic
- Epoxy
- Silicone
- Polyurethane
- Others
- Non-Synthetic Resins
- Fibrin
- Collagen
- Others
Market Breakup by Technology
- Water Based
- Solvent-Based
- Hot Melts
- Others
Market Breakup by Application
- Dental
- Medical Devices and Equipment
- Internal Medical Application
- External Medical Application
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Medical Adhesives Market Share
Market Segmentation Based on Resin Type is Anticipated to Witness Substantial Growth
By resin type, the market is segmented into synthetic resins and non-synthetic resins. Synthetic resins are further divided into acrylic, epoxy, silicone, polyurethane, and others while non-synthetic resins include fibrin, and collagen among others. Medical adhesives are increasingly employed in the healthcare sector for patients with surgery who require quality medical assistance for wound care post-surgery. The synthetic resins segment is experiencing significant growth driven by the various clinical qualities like biocompatibility, bond strength, flexibility, fast curing time, water resistance, and versatility. Medical adhesives play a critical role in these procedures by facilitating tissue approximation and sealing without the need for traditional sutures, contributing to the growth of the market.
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Global Medical Adhesives Market Analysis by Region
Based on regions, the market report covers North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is dominating the market share due to the rising burden of chronic diseases, an aging population base, and the presence of an advanced healthcare infrastructure. Further, the increasing technological advancements in medical adhesives, heightened awareness surrounding cometic and plastic surgery, and the surge in the adoption of medical adhesives for better results are some of the factors supporting the market growth.
Europe also holds a high medical adhesives market value driven by increasing investments in healthcare technologies and greater access to advanced medical devices. Additionally, Asia Pacific is expected to witness substantial market growth fueled by the growing patient pool and the increasing recognition of medical adhesive benefits. Increased government initiatives to improve healthcare services and the rising disposable income is poised to boost the region’s market share.
Leading Players in the Global Medical Adhesives Market
The key features of the market report include patent analysis and strategic initiatives that provide insights into partnerships, and collaborations by the leading players. The major companies in the market are as follows:
Baxter International Inc.
This global medical technology company develops, manufactures, and markets products for medical and pharmaceutical applications. While Baxter is not primarily known as a medical adhesive manufacturer, it does offer a range of medical adhesive products as part of its broader portfolio of medical devices and pharmaceuticals.
Medtronic plc
Headquartered in Dublin, Ireland, it is one of the world's largest medical technology companies which is offering a wide range of products and therapies to improve patient outcomes and enhance healthcare delivery. Medtronic holds a significant presence in the medical adhesive sector along with its broader portfolio of medical devices and technologies.
Other key players in the market include Henkel AG & Co. KGaA, The Dow Chemical Company, Minnesota Mining and Manufacturing Company, Chemence Medical, Inc., Ethicon, B BRAUN, Ashland and Vivostat among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Resin Type |
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
Key Questions Answered in the Global Medical Adhesives Market Report
- What was the global medical adhesives market value in 2023?
- What is the global medical adhesives market forecast outlook for 2024-2032?
- What are the regional markets covered in the EMR report?
- What is the market breakup based on technology?
- What resin types are involved in medical adhesives?
- What is the market segmentation based on application?
- What are the major factors aiding the global medical adhesives market demand?
- How has the market performed so far and how is it anticipated to perform in the coming years?
- What are the major trends influencing the market?
- What are the key drivers, opportunities, and restraints in the market?
- Which regional market is expected to lead the market share in the forecast period?
- Which country is expected to experience expedited growth during the forecast period?
- How does the rise in the geriatric population impact the market size?
- How do the technological innovations in medical adhesives affect the market landscape?
- Which application area is expected to have a high market value in the coming years?
- Who are the key players involved in the global medical adhesives market?
- What are the current unmet needs and challenges in the market?
- How are partnerships, collaborations, mergers and acquisitions among the key market players shaping the market dynamics?
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Medical Adhesives Market Overview
3.1 Global Medical Adhesives Market Historical Value (2017-2023)
3.2 Global Medical Adhesives Market Forecast Value (2024-2032)
4 Vendor Positioning Analysis
4.1 Key Vendors
4.2 Prospective Leaders
4.3 Niche Leaders
4.4 Disruptors
5 Global Medical Adhesives Market Landscape*
5.1 Global Medical Adhesives: Developers Landscape
5.1.1 Analysis by Year of Establishment
5.1.2 Analysis by Company Size
5.1.3 Analysis by Region
5.2 Global Medical Adhesives: Product Landscape
5.2.1 Analysis by Resin Type
5.2.2 Analysis by Application
5.2.3 Analysis by Technology
6 Global Medical Adhesives Market Dynamics
6.1 Market Drivers and Constraints
6.2 SWOT Analysis
6.2.1 Strengths
6.2.2 Weaknesses
6.2.3 Opportunities
6.2.4 Threats
6.3 PESTEL Analysis
6.3.1 Political
6.3.2 Environmental
6.3.3 Social
6.3.4 Technological
6.3.5 Ethical
6.3.6 Legal
6.4 Porter’s Five Forces Model
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of New Entrants
6.4.4 Threat of Substitutes
6.4.5 Degree of Rivalry
6.5 Key Demand Indicators
6.6 Key Price Indicators
6.7 Industry Events, Initiatives, and Trends
6.8 Value Chain Analysis
7 Global Medical Adhesives Market Segmentation (2017-2032)
7.1 Global Medical Adhesives Market (2017-2032) by Resin Type
7.1.1 Market Overview
7.1.2 Synthetic Resins
7.1.2.1 Acrylic
7.1.2.2 Epoxy
7.1.2.3 Silicone
7.1.2.4 Polyurethane
7.1.2.5 Others
7.1.3 Non-Synthetic Resins
7.1.3.1 Fibrin
7.1.3.2 Collagen
7.1.3.3 Others
7.2 Global Medical Adhesives Market (2017-2032) by Technology
7.2.1 Market Overview
7.2.2 Water Based
7.2.3 Solvent-Based
7.2.4 Hot Melts
7.2.5 Others
7.3 Global Medical Adhesives Market (2017-2032) by Application
7.3.1 Market Overview
7.3.2 Dental
7.3.3 Medical Devices and Equipment
7.3.4 Internal Medical Application
7.3.5 External Medical Application
7.4 Global Medical Adhesives Market (2017-2032) by Region
7.4.1 Market Overview
7.4.2 North America
7.4.3 Europe
7.4.4 Asia Pacific
7.4.5 Latin America
7.4.6 Middle East and Africa
8 North America Medical Adhesives Market (2017-2032)
8.1 North America Medical Adhesives Market (2017-2032) by Technology
8.1.1 Market Overview
8.1.2 Water Based
8.1.3 Solvent-Based
8.1.4 Hot Melts
8.1.5 Others
8.2 North America Medical Adhesives Market (2017-2032) by Application
8.2.1 Market Overview
8.2.2 Dental
8.2.3 Medical Devices and Equipment
8.2.4 Internal Medical Application
8.2.5 External Medical Application
8.3 North America Medical Adhesives Market (2017-2032) by Country
8.3.1 United States of America
8.3.2 Canada
9 Europe Medical Adhesives Market (2017-2032)
9.1 Europe Medical Adhesives Market (2017-2032) by Technology
9.1.1 Water Based
9.1.2 Solvent-Based
9.1.3 Hot Melts
9.1.4 Others
9.2 Services Europe Medical Adhesives Market (2017-2032) by Application
9.2.1 Market Overview
9.2.2 Dental
9.2.3 Medical Devices and Equipment
9.2.4 Internal Medical Application
9.2.5 External Medical Application
9.3 Europe Medical Adhesives Market (2017-2032) by Country
9.3.1 United Kingdom
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Others
10 Asia Pacific Medical Adhesives Market (2017-2032)
10.1 Asia Pacific Medical Adhesives Market (2017-2032) by Technology
10.1.1 Market Overview
10.1.2 Water Based
10.1.3 Solvent-Based
10.1.4 Hot Melts
10.1.5 Others
10.2 Asia Pacific Medical Adhesives Market (2017-2032) by Application
10.2.1 Market Overview
10.2.2 Dental
10.2.3 Medical Devices and Equipment
10.2.4 Internal Medical Application
10.2.5 External Medical Application
10.3 Asia Pacific Medical Adhesives Market (2017-2032) by Country
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 ASEAN
10.3.5 Australia
10.3.6 Others
11 Latin America Medical Adhesives Market (2017-2032)
11.1 Latin America Medical Adhesives Market (2017-2032) by Technology
11.1.1 Market Overview
11.1.2 Water Based
11.1.3 Solvent-Based
11.1.4 Hot Melts
11.1.5 Others
11.2 Latin America Medical Adhesives Market (2017-2032) by Application
11.2.1 Market Overview
11.2.2 Dental
11.2.3 Medical Devices and Equipment
11.2.4 Internal Medical Application
11.2.5 External Medical Application
11.3 Latin America Medical Adhesives Market (2017-2032) by Country
11.3.1 Brazil
11.3.2 Argentina
11.3.3 Mexico
11.3.4 Others
12 Middle East and Africa Medical Adhesives Market (2017-2032)
12.1 Middle East and Africa Medical Adhesives Market (2017-2032) by Technology
12.1.1 Market Overview
12.1.2 Water Based
12.1.3 Solvent-Based
12.1.4 Hot Melts
12.1.5 Others
12.2 Middle East and Africa Medical Adhesives Market (2017-2032) by Application
12.2.1 Market Overview
12.2.2 Dental
12.2.3 Medical Devices and Equipment
12.2.4 Internal Medical Application
12.2.5 External Medical Application
12.3 Middle East and Africa Medical Adhesives Market (2017-2032) by Country
12.3.1 Saudi Arabia
12.3.2 United Arab Emirates
12.3.3 Nigeria
12.3.4 South Africa
12.3.5 Others
13 Regulatory Framework
13.1 Regulatory Overview
13.2 US FDA
13.3 EU EMA
13.4 INDIA CDSCO
13.5 JAPAN PMDA
13.6 Others
14 Patent Analysis
14.1 Analysis by Type of Patent
14.2 Analysis by Publication Year
14.3 Analysis by Issuing Authority
14.4 Analysis by Patent Age
14.5 Analysis by CPC Analysis
14.6 Analysis by Patent Valuation
14.7 Analysis by Key Players
15 Strategic Initiatives
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership and Collaborations
15.3 Analysis by Joint Ventures
15.4 Analysis by Leading Players
15.5 Analysis by Geography
16 Supplier Landscape
16.1 Market Share Analysis, By Region (Top 5 Companies)
16.1.1 Market Share Analysis: Global
16.1.2 Market Share Analysis: North America
16.1.3 Market Share Analysis: Europe
16.1.4 Market Share Analysis: Asia-Pacific
16.1.5 Market Share Analysis: Others
16.2 Baxter International Inc.
16.2.1 Financial Analysis
16.2.2 Product Portfolio
16.2.3 Demographic Reach and Achievements
16.2.4 Mergers and Acquisitions
16.2.5 Certifications
16.3 Henkel AG & Co. KGaA
16.3.1 Financial Analysis
16.3.2 Product Portfolio
16.3.3 Demographic Reach and Achievements
16.3.4 Mergers and Acquisitions
16.3.5 Certifications
16.4 The Dow Chemical Company
16.4.1 Financial Analysis
16.4.2 Product Portfolio
16.4.3 Demographic Reach and Achievements
16.4.4 Mergers and Acquisitions
16.4.5 Certifications
16.5 Minnesota Mining and Manufacturing Company
16.5.1 Financial Analysis
16.5.2 Product Portfolio
16.5.3 Demographic Reach and Achievements
16.5.4 Mergers and Acquisitions
16.5.5 Certifications
16.6 Chemence Medical, Inc .
16.6.1 Financial Analysis
16.6.2 Product Portfolio
16.6.3 Demographic Reach and Achievements
16.6.4 Mergers and Acquisitions
16.6.5 Certifications
16.7 ETHICON
16.7.1 Financial Analysis
16.7.2 Product Portfolio
16.7.3 Demographic Reach and Achievements
16.7.4 Mergers and Acquisitions
16.7.5 Certifications
16.8 Medtronic plc
16.8.1 Financial Analysis
16.8.2 Product Portfolio
16.8.3 Demographic Reach and Achievements
16.8.4 Mergers and Acquisitions
16.8.5 Certifications
16.9 B BRAUN
16.9.1 Financial Analysis
16.9.2 Product Portfolio
16.9.3 Demographic Reach and Achievements
16.9.4 Mergers and Acquisitions
16.9.5 Certifications
16.10 Ashland
16.10.1 Financial Analysis
16.10.2 Product Portfolio
16.10.3 Demographic Reach and Achievements
16.10.4 Mergers and Acquisitions
16.10.5 Certifications
16.11 Vivostat
16.11.1 Financial Analysis
16.11.2 Product Portfolio
16.11.3 Demographic Reach and Achievements
16.11.4 Mergers and Acquisitions
16.11.5 Certifications
17 Global Medical Adhesives Market – Distribution Model (Additional Insight)
17.1 Overview
17.2 Potential Distributors
17.3 Key Parameters for Distribution Partner Assessment
18 Key Opinion Leaders (KOL) Insights (Additional Insight)
*Additional insights provided are customisable as per client requirements.
* The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
**The supplier list is not exhaustive. Moreover, we can provide analysis of companies as per custom requests.
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