According to a market report by Lucintel, the future of the medical device adhesive market looks promising with opportunities in the dental, medical device, and equipment applications. The medical device adhesive market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth driver for this market is the increasing demand of medical device across applications such as needles & syringes, catheters, tube sets, masks, polycarbonate devices, and pacemaker & other equipment.
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In this market, acrylic, cyanoacrylate, epoxy, silicone, and polyurethane are the major synthetic & semi-synthetic resin type. Polyurethane is the largest synthetic & semi-synthetic resin type.
Within the medical device adhesive market, dental, and medical device & equipment, are the major applications. Medical device and equipment have formed the largest application segment in the medical device adhesive market.
North America will remain the largest market over the forecast period due to greater awareness of the benefits of newer non-invasive surgery techniques and technological advancements in the healthcare industry.
Henkel AG & company, Dymax Corporation, Honle Group, H.B. Fuller, Masterbond Inc., Permabond Engineering Adhesives Ltd., Epoxy Technology Inc., Novachem Corporation Ltd, Incure Inc., Johnson & Johnson, General Electric Co., Medtronic., Baxter., Panacol-Elosol GmbH, and Adhesive Research Ltd. are among the major manufacturers of medical device adhesives.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the medical device adhesive market by application, natural resin type, synthetic and semi-synthetic resin type, formulating technology, and region. Lucintel has prepared a comprehensive research report entitled "Medical Device Adhesive Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the medical device adhesive market by natural resin type, synthetic and semi-synthetic resin type, formulating technology, application, and region as follows:
By Natural Resin Type [$M shipment analysis for 2013 – 2024]:
By Synthetic & Semi-Synthetic Resin Type [$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]:
Needles & syringes
Catheters
Tube sets
Masks
Polycarbonate devices
Pacemaker
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
Unites States
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Others
Asia Pacific
China
Japan
India
South Korea
Others
RoW
South America
Middle East
Africa
This 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 https://www.lucintel.com/medical-device-adhesive-market.aspx or helpdesk@lucintel.com.
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.