Dublin – Research and Markets officials have announced the addition of the "United States Medical Adhesives Market Forecast and Opportunities, 2020" report to their offering.
Medical device manufacturers across the U.S. are expanding their production capacities on account of growing demand for diagnostic and surgical devices in hospitals and clinics, which is significantly boosting the domestic medical adhesives market. Over the last few years, various major medical adhesive companies have made huge investments in the R&D sector, which has had a positive impact on the medical adhesives market and has led to development of new products and technologies.
Medical adhesives are the substances that are used in medical industry to seal wounds; affix any medical device such as a tape, dressing, or patch to the skin; and fabricate components of medical devices. Medical adhesives are broadly categorized into two types namely, synthetic medical adhesives and natural medical adhesives. Depending upon the chemistry involved in synthetic medical adhesives, synthetic type are categorized as acrylic based, cyanoacrylate based, epoxy based, or silicone based. Cyanoacrylate based adhesives are primarily used in bonding of surgical instruments.
Rapidly growing demand for medical devices in the U.S. has led to increasing demand for medical adhesives over the last five years as a result of which major medical adhesive manufacturers have been expanding their production capacities in the country. The growing anticipated demand for advanced and light weight medical devices is expected to further boost the country's medical adhesives market in the coming years.
Some of the major players presently operating in the US medical adhesives market include 3M, Henkel Ag & Co. KGaA, Adhesive Research Inc., Ethicon Inc., and Cyberbond LLC.
Market trends and developments
- New medical innovations
- Refurbishment of medical equipment
- Increased regulation on medical devices
- Consolidation of healthcare providers
- Home healthcare on rise
Companies mentioned
- 3M Company
- Cryolife Inc.
- Adhezion Biomedical LLC
- Cyberbond LLC
- Ethicon Inc.
- Henkel AG & Co. KGaA
- Morgan Adhesive Co. (MACtac)
- Scapa Healthcare
- Chemence Inc.
- Adhesive Research Inc.
Source: Research & Markets