Medical adhesives are a component of various products such as wound dressings. tapes for wound closure, and for securing devices, electrodes, ostomy supplies, and patches. These adhesives enable securing of both critical and noncritical devices and products. serve to protect the skin and promote wound healing. permit noninvasive monitoring of wounds and sutures, etc.
Advancements in medical adhesives are resulting in increasing applications. in biomedical and pharmaceutical sectors. and are currently used in various medical and surgical procedures. in the assembly of medical devices, securing components during intravenous drug delivery. urological surgical interventions, and plastic surgery procedures, among others.
Medical Treatments
With the advent of novel medical treatments and technologies. medical adhesives are being deployed in medical disposable. device assemblies used in-home care settings. Medical adhesives are replacing conventional catgut. nylon and absorbable and nonabsorbable surgical sutures and staples for closure of post-surgical incisions. and wounds owing to a low risk of adverse or side effects.
An increasing number of patients require treatment that necessitates the use of medical adhesives. the development of more robust and reliable medical-grade adhesives and rapid innovations. in medical adhesives are some key factors expected to continue. to drive market revenue growth over the forecast period. Medical adhesives are replacing traditional fastening systems in a medical devices. assemblies and confer significant advantages over other mechanical fastening methods. Medical adhesives are available in various types such as structural non-structural, and pressure-sensitive. and sprays to cater to different attachment and assembly needs and applications. Structural adhesives are characterized by their excellent adhesion and load-bearing capabilities. they are used in a range of medical device applications. such as for bonding surgical instruments and equipment. and in the attachment of rubber bumpers on the soles of crutches, canes, and walkers, among others.
include hot melts, aerosols, and rubber and gasket adhesives. Spray and hot melt adhesives are used for bonding foam to foam or fabric to metal. such as in wheelchair seat cushions, which eliminates the need for stitching. Pressure-sensitive adhesives are used in medical device assemblies due to their viscoelastic properties.
These adhesives are used in the manufacturing of blood glucose monitoring strips. it’s for attaching products and devices such as insulin pumps, and surgical drapes. and wound dressing to the skin of patients. Increasing global demand for Personal Protective Equipment (PPE).
The emergence of more infectious variants in countries across the globe. and the rising need to reduce exposure, and infection. and the spread of viruses is further boosting demand for PPE kits. and in turn, contributing to the revenue growth of the market. While medical adhesives have little to no risk of side effects. there have been incidences of allergic contact dermatitis. that is caused due to the presence of specific materials in some medical adhesives. Also, certain high-quality medical adhesives are expensive and some may not be appropriate or compatible. with all patients, these factors can restrain. market growth to a certain extent over the forecast period. the development of bioadhesives with low potential to cause allergic reactions can expand. applications of adhesives in the medical industry. open up robust revenue opportunities for major players in the market
. COVID-19 Impact Analysis Social distancing and restrictions disrupted businesses and operations Lockdowns caused disruptions in transportation and logistics impacted manufacturing activities and mining operations globally Took a toll on the economy of various countries Caused sudden and drastic downturn in economic activity Disrupted agriculture, fisheries, dairy, and other sectors Caused loss of employment and financial crisis Supply impacts were further compounded owing to reduced disposable income The emergence of variants continues to cause concerns and impact normal routines
Synthetic and Semi-Synthetic Resin Segment to Account for Largest Revenue Share: The synthetic and semi-synthetic resin segment is expected to account for the largest revenue. because of the growing usage of synthetic and semi-synthetic resins. in medical device assemblies and sealing. as excipients in transdermal patches, and as alternatives to conventional solvents in needle bonding. manufacturing of IV tube sets, and attaching plastic tubes to blood bags.
Dental Segment to Register Steady Revenue Growth: The dental segment is expected to register steady revenue growth. over the forecast period owing to the increasing use of medical adhesives. in the production of dentures, dental crowns, and caps, and in post-surgical wound dressing. Also, increasing demand for braces and dental veneers owing to the rising. the popularity of cosmetic dental procedures to boost aesthetics and personal appearance. rising awareness regarding oral health, and the availability of more cost-effective dental procedures. are further expected to contribute to the revenue growth of this segment going ahead.
North America to Account for a Large Revenue Share: North America is expected to dominate other regions in terms of revenue share over the forecast period. because of the increasing use of advanced wound dressing and medical devices. to enhance the safety and quality of life of patients. rising demand for durable medical devices due to rising. need for patient monitoring devices amid the growing caseload of COVID-19 infections. rapid advancements in manufacturing processes of medical adhesives. and the presence of major players in countries in the region.
The Asia Pacific to Lead Revenue Growth Rate: Asia Pacific is expected to register robust revenue CAGR over the forecast period. because high demand for PPE kits, and the increasing adoption of advanced medical devices. high healthcare expenditure, and advancements in healthcare infrastructure. rising need for more efficient wound closure materials due to the increasing number of surgeries performed. and increasing investment in R&D activities to develop newer lines of robust medical adhesives.
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