The global market for Medical Adhesives and Sealants is estimated at US$9.5 Billion in 2023 and is projected to reach US$16.0 Billion by 2030, growing at a CAGR of 7.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the medical adhesives and sealants market is driven by several factors, including the increasing number of surgical procedures, advancements in medical technology, and the rising prevalence of chronic diseases. The global rise in surgical interventions, driven by an aging population and the prevalence of conditions such as cardiovascular diseases and diabetes, has significantly boosted the demand for effective and reliable adhesives and sealants. Technological advancements in minimally invasive surgical techniques have also expanded the use of specialized adhesives and sealants that can be applied through small incisions, enhancing patient recovery and reducing hospital stays. Furthermore, the growing use of medical devices in diagnostics, treatment, and patient care has spurred demand for high-performance adhesives that ensure device safety and efficacy. The increasing focus on infection control and wound management, particularly in the context of the COVID-19 pandemic, has further propelled the market, as healthcare providers seek advanced solutions to prevent complications and promote healing. The ongoing research and development efforts to create more effective, safer, and versatile adhesives and sealants are expected to drive continued growth in this dynamic and vital market.
The growth in the medical adhesives and sealants market is driven by several factors, including the increasing number of surgical procedures, advancements in medical technology, and the rising prevalence of chronic diseases. The global rise in surgical interventions, driven by an aging population and the prevalence of conditions such as cardiovascular diseases and diabetes, has significantly boosted the demand for effective and reliable adhesives and sealants. Technological advancements in minimally invasive surgical techniques have also expanded the use of specialized adhesives and sealants that can be applied through small incisions, enhancing patient recovery and reducing hospital stays. Furthermore, the growing use of medical devices in diagnostics, treatment, and patient care has spurred demand for high-performance adhesives that ensure device safety and efficacy. The increasing focus on infection control and wound management, particularly in the context of the COVID-19 pandemic, has further propelled the market, as healthcare providers seek advanced solutions to prevent complications and promote healing. The ongoing research and development efforts to create more effective, safer, and versatile adhesives and sealants are expected to drive continued growth in this dynamic and vital market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Acrylic Adhesives and Sealants segment, which is expected to reach US$4.5 Billion by 2030 with a CAGR of a 6.5%. The Silicone Adhesives and Sealants segment is also set to grow at 6.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.2 Billion in 2023, and China, forecasted to grow at an impressive 10.3% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Medical Adhesives and Sealants Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Medical Adhesives and Sealants Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Medical Adhesives and Sealants Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3M Company, B. Braun Melsungen AG, Becton, Dickinson and Company, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 90 Featured):
- 3M Company
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Baxter International, Inc.
- Avery Dennison Corporation
- Advanced Medical Solutions Group PLC
- Adhesives Research, Inc.
- Boyd Corporation
- Adchem Corporation
- Bisco, Inc.
- Berry Global, Inc.
- ATL Corp.
- Budnick Converting, Inc.
- Amparo medical Technologies.
- Avantor
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANFRANCEGERMANYITALYSPAINRUSSIAREST OF EUROPEASIA-PACIFICAUSTRALIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CHINA
EUROPE
UNITED KINGDOM
INDIA
AFRICA
Companies Mentioned
- 3M Company
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Baxter International, Inc.
- Avery Dennison Corporation
- Advanced Medical Solutions Group PLC
- Adhesives Research, Inc.
- Boyd Corporation
- Adchem Corporation
- Bisco, Inc.
- Berry Global, Inc.
- ATL Corp.
- Budnick Converting, Inc.
- Amparo medical Technologies.
- Avantor
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 622 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 9.5 Billion |
| Forecasted Market Value ( USD | $ 16 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
