Dublin, April 09, 2024 (GLOBE NEWSWIRE) -- The "Medical Adhesives & Sealants World Market Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Medical Adhesives & Sealants is experiencing robust growth, with forecasts predicting an advancement from US$11.5 billion in 2023 to US$18.5 billion by 2029, representing a Compound Annual Growth Rate (CAGR) of 8.3% during the period. This significant growth reflects an increased demand for medical technologies and procedures where these adhesives and sealants are critical components.
Resin Innovation & Applications
Diverse applications across the medical sector - from Dental & Cosmetic Surgery, Internal & External Surgery to Medical Devices & Equipment - are primary contributors to the sector's growth. Innovations in synthetic and natural resins, like Acrylic, Cyanoacrylate, and Fibrin, have propelled adoption in various medical applications, driving sector dynamics further.
End-Use Sector Expansion
The medical adhesives and sealants market is expanding in key end-use sectors such as Ambulatory Surgical Centers, Dental Clinics, and Hospitals. This trend corresponds with the growing global healthcare infrastructure and the rising need for medical procedures that employ these adhesives and sealants for a variety of medical applications.
Geographical Market Insights
With North America, Europe, and Asia-Pacific at the forefront, the medical adhesives and sealants market is experiencing a broad expansion across various geographic regions. In developing regions, the growth can be attributed to the increasing investment in healthcare and the rising number of surgeries performed.
Competitive Landscape & Developments
The report surveys the competitive landscape, providing insights into the significant market players and developments shaping the industry. As medical technologies evolve, the market sees a continuous introduction of innovative adhesives and sealants designed to meet stringent medical standards and improve patient outcomes.
The global market for Medical Adhesives & Sealants continues to rise as technology advancements enhance the efficacy and safety of medical procedures. Through comprehensive analysis, the report underscores the sector's dynamic nature and the promising opportunities it holds for the future.
Latest Market Developments
- Wide Array of Solutions and Application Areas Offered by Soft-Skin Adhesives Facilitating Market Growth
- Novel Thermosensitive Bioadhesives Improve Surgical Sealing Processes Considerably
- Tissue Adhesion Enhanced with the Use of Fermentation-Derived Albumin-Based Hydrogels
- Demand for Composite Surgical Sealants Driving Biomedical Applications
- Role of Medical Adhesives in Laparoscopic Surgery Growing
- Remineralizing Agents Being Used to Restore Resin-Based Dental Materials
- Spiroorthocarbonate Expanding Monomer and Unsaturated Epoxy Resin Monomer Being Used to Develop Dental Adhesives with Low Shrinkage
Companies Featured
- 3M Company
- Arkema Group
- Artivion, Inc.
- Avery Dennison Corporation
- B. Braun Melsungen SE
- Baxter International, Inc.
- Becton, Dickinson and Company
- Chemence Ltd
- Dentsply Sirona
- Dymax Corporation
- Grunenthal GmbH
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Johnson & Johnson
- Mactac
- Nitto Denko Corporation
Report Segmentation
Resin & Resin Sub-Type
- Natural Resins
- Albumin
- Collagen
- Fibrin
- Other Natural Resins
- Synthetic/Semi-Synthetic Resins
- Acrylic
- Cyanoacrylate
- Epoxy
- Polyethylene Glycol
- Polymeric Hydrogel
- Polyurethane
- Silicone
Application
- Dental & Cosmetic Surgery
- Internal & External Surgery
- Medical Devices & Equipment
End-Use Sector
- Ambulatory Surgical Centers
- Dental Clinics
- Hospitals
For more information about this report visit https://www.researchandmarkets.com/r/wnyorz
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