Medical Device Adhesive Market to Reach $3.2 Billion by 2021 – Regional & Country-Level Analysis

2017-09-04

The global medical device adhesive market is projected to reach USD 3.20 Billion by 2021, at a CAGR of 6.6% from 2016 to 2021.

Medical device adhesive are used in various applications such as needles & syringes, catheters, tube sets, masks, polycarbonate devices, and pacemaker & other equipment. Adhesives are used as an integral part for the bonding of various similar & dissimilar components in the medical devices. It has played an important role in the assembly of medical devices of various classes.

Medical device adhesives are adhesives that are marketed to medical device manufacturers’ and unlike food grade adhesives, medical device adhesives requires no special approval from the FDA. Due to the presence of major medical device manufacturers in North America such as Johnson & Johnson, General Electric Co., Medtronic Inc., Baxter International Inc., and many others, the demand for adhesive used in these devices accounted for the largest share in 2015. As the demand for the new medical devices will grow, the penetration of these medical device adhesives is also expected to grow at a high rate. Currently, the medical devices are becoming more complex and more sophisticated, both in performance specifications and structural complexity. Hence, the demand for new chemistry based adhesives from the end users is also increasing.

In terms of volume, North America is the largest market for medical device adhesive, as most of the leading medical device manufacturers are located in this region. Several factors such as greater awareness about the benefits of newer non-invasive surgery techniques and technological advancements in the healthcare industry have led to the surge in the popularity of medical device adhesives in North America.

Companies Mentioned

Dymax Corporation Epoxy Technology Inc H.B.Fuller Company Henkel AG & Co. KGaA Honle Group Incure Inc Masterbond Inc Novachem Corporation Ltd Permabond Engineering Adhesives Ltd

Key Topics Covered:

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

For more information about this report visit https://www.researchandmarkets.com/research/rwj362/medical_device

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SOURCE Research and Markets

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