According to a market report by Lucintel, the future of the medical adhesive market looks promising with opportunities in the dental, medical device & equipment, internal and external medical applications. The medical adhesive market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing health consciousness of consumers and faster operating speed associated with the utilization of medical adhesives over traditional wound closure techniques, such as stiches.
In this market, water-based, solvent-based, and solids & hot melt are the major formulating technologies used to cure adhesives.
Within the medical adhesive market, dental, medical device & equipment, internal medical applications, and external medical applications are the major application segments.
North America will remain the largest market over the forecast period due to technological advancements and the presence of the major market players in the region.
Ethicon (Johnson & Johnson), Covidien, B. Braun, Henkel AG & Company, GEM S.R.L., GluStitch, Baxter International Inc., Chemence, Adhesion Biomedical, and Cohera Medical, Inc. are among the major manufacturers of medical adhesives.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the medical adhesive market by natural resin type, synthetic & semi-synthetic resin type, formulating technology, application, and region. Lucintel has prepared a comprehensive research report entitled "Medical Adhesive Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the medical adhesive market by natural resin type, synthetic & semi-synthetic resin type, formulating technology, application, and region as follows:
By Natural Resin Type [$M shipment analysis for 2013 – 2024]:
• Collagen
• Fibrin
• Others
By Synthetic & Semi-Synthetic Resin Type [$M shipment analysis for 2013 – 2024]:
• Acrylic
• Cyanoacrylate
• Epoxy
• Silicone
• Polyurethane
• Others
By Formulating Technology [$M shipment analysis for 2013 – 2024]:
• Water-Based
• Solvent-Based
• Solids & Hot Melt
By Application [$M shipment analysis for 2013 – 2024]:
• Dental
• Medical Device & Equipment
• Internal Medical Applications
• External Medical Applications
• Other
By Region [$M shipment analysis for 2013 – 2024]:
• North America
− The US
− Canada
− Mexico
• Europe
− Germany
− Spain
− France
− The United Kingdom
− Russia
• Asia Pacific
− China
− Japan
− India
− South Korea
− Thailand
• Rest of the World

More than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the medical adhesive market by natural resin type (collagen, fibrin, and others), synthetic & semi-synthetic resin type (acrylic, cyanoacrylate, epoxy, silicone, polyurethane, and others), formulating technology (water-based, solvent-based, and solids & hot melt), application (dental, medical device & equipment, internal medical applications, external medical applications, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the medical adhesive market?
Q.5 What are the business risks and threats to the medical adhesive market?
Q.6 What are emerging trends in the medical adhesive market and the reasons behind them?
Q.7 What are some changing demands of customers in the medical adhesive market?
Q.8 What are the new developments in the medical adhesive market? Which companies are leading these developments?
Q.9 Who are the major players in the medical adhesive market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this medical adhesive area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, medical adhesive market?