Analysis of global Medical Device Adhesive: trends, demand and competition

Press Release   •   Apr 11, 2018 10:06 EDT

The report "Medical Device Adhesive Market by Resin Type (Light Curing, Cyanoacrylates, Acrylic, Epoxy, Silicone, & Polyurethane), Application (Needles, Catheters, Tube Sets, Masks, Polycarbonate Devices, Pacemaker) - Global Forecast to 2021"

The global medical device adhesive market is estimated to be USD 2.32 Billion in 2016, and is projected to reach USD 3.20 Billion by 2021, at a CAGR of 6.6% from 2016 to 2021. The report provides the short term forecast from 2016 to 2021. This report aims to estimate the market size and future growth potential of the global medical device adhesive market across different segments such as resin type, application, and region. Factors influencing market growth such as drivers, restraints, opportunities, and industry-specific challenges have been studied in the report. The report analyzes the opportunities in the market for stakeholders and presents the competitive landscape for the market leaders.

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Top Industry players analyzed in this research are: Henkel AG & company (Germany), Dymax Corporation (U.S.), Honle Group (Germany), H.B. Fuller (U.S.), Masterbond Inc. (U.S.), Permabond Engineering Adhesives Ltd. (U.K.), Epoxy Technology Inc. (U.S.), Novachem Corporation Ltd (Ireland), Incure Inc. (U.S.), and Adhesive Research (Ireland).

Key Target Audience:

  • Medical Device Manufacturers
  • Medical Device Distributors & Suppliers
  • Needle, Catheter, Pacemaker, Polycarbonate Devices, Masks & Tubes, and all Related End User Companies Institutions such as Hospitals and Clinics
  • Government and Research Organizations
  • Associations and Industrial Bodies
  • Research and Consulting Firms
  • Research & Development (R&D) Institutions
  • Environment Support Agencies
  • Raw Material Suppliers

Needles & syringes is the fastest-growing application segment of the medical device adhesive market

Needles & syringes is the most widely used medical disposables across the globe. Special purpose syringes and needles are used for different purposes such as lancets, hypodermics, injectors, and blood collection sets. There is an increase in the usage of disposable syringes in place of glass syringes, due to the availability of ready to use and cost effective sterilized needles and syringes.

Light curing is the largest resin type segment of the medical device adhesive market

Light curable adhesives offers fast curing time to speed up the production. It cures via a free radical reaction to form thermoset resins when exposed to light of the appropriate wavelength and intensity. North America is a matured market as compared to other regions and also there is presence of R&D centers of the largest companies operating in the medical device adhesive market resulting into rapid penetration of new technology such as light curing adhesives.

North America is the largest market, both in terms of volume and value. Due to the presence of major medical device manufacturers in the region, the demand for adhesives is expected to grow at a high rate. Followed by North America, major medical device manufacturers are also established in the European region. Due to the increasing health awareness and the use of sophisticated devices in the region, the demand for medical device adhesive is expected to grow at the highest CAGR in the next five years.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Medical Device Adhesive Market Overview

6 Medical Device Adhesive Industry Trends

7 Medical Device Adhesive Market, By Resin Type

8 Medical Device Adhesive Market, By Application

9 Medical Adhesive Market Regional & Country-Level Analysis

10 Competitive Landscape Medical Device Adhesive Market

11 Company Profiles Medical Device Adhesive Market

12 Appendix

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