Medical Device Adhesive Market Overview
As per MRFR analysis, the Medical Device Adhesive Market Size was estimated at 3.85 (USD Billion) in 2022. The Medical Device Adhesive Market is expected to grow from 3.93 (USD Billion) in 2023 to 4.8 (USD Billion) by 2032. The Medical Device Adhesive Market CAGR (growth rate) is expected to be around 2.24% during the forecast period (2024 - 2032).
Key Medical Device Adhesive Market Trends Highlighted
In the realm of healthcare, advancements in medical adhesives have transformed the landscape of medical device development.
The global market for medical device adhesives is experiencing remarkable growth, driven by a surge in minimally invasive procedures and the development of novel adhesives with enhanced properties.
Key market drivers include the increasing demand for biocompatible and hypoallergenic materials, as well as the need for adhesives that can withstand harsh surgical environments and provide reliable bonding strength.
Opportunities lie in exploring adhesives for new applications, such as in wearable medical devices and implantable sensors.
Recent trends indicate a growing focus on sustainable and environmentally friendly adhesives, as well as the integration of advanced technologies such as nanotechnology and plasma treatments to enhance performance.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Medical Device Adhesive Market Drivers
Technological Advancements in Medical Devices
The medical device industry is one of the technology-driven fields, as new technologies are constantly being developed, and new types of medical devices are being created. Notably, many of these technologies depend on the use of adhesives for their efficiency and safety.
At the same time, these technological advances pose new challenges, and adhesive manufacturers need to develop new solutions to meet the needs of medical device developers. With the advances in the types of medical devices used, new adhesive types need to be developed that would withstand the type of the human body’s environment.
For example, the introduction of implantable medical devices has resulted in the need for adhesives that are biocompatible and can withstand the conditions of use in the human body. Also, with many medical devices becoming more miniature, there is an increased demand for small and durable adhesives.
Moreover, technological advances result in the need for some new types of adhesives. An example is the development of self-healing materials, which could allow the development of devices that would not need to be serviced frequently or at all.
Thus, one can conclude that the increasing technological dependence of the medical device industry is driving the demand for more innovative adhesives.
Increasing Prevalence of Chronic Diseases
The second driver that determines the growth of the medical device adhesive market is the increasing prevalence of chronic diseases. Many chronic diseases require treatment, and some of the treatments involve the use of medical devices.
Some of these devices are relatively simple, such as bandages, while others are complex and often implantable.
All of these devices require adhesives in their proper functioning; hence the increasing prevalence of chronic diseases spurs the demand for medical devices and, consequently, the demand for adhesives used in their production.
Since the aging population ensures an increase in the prevalence of chronic diseases, this driver will most likely remain relevant in the years to come.
Growing Demand for Minimally Invasive Procedures
Minimally invasive procedures are kinds of surgical operations completed with relatively small incisions. This type of surgery is considered less risky and ensures faster recovery compared to traditional or open surgery.
The reduced scarring is one of the main advantages of minimally invasive operations, which is the reason behind its popularity. The situation stimulates the ongoing demand for new kinds of medical device adhesives suitable for minimally invasive surgery.
Medical device adhesives are an important part of minimally invasive procedures because they allow fastening catheters, endoscopes, and other instruments used during surgery. These adhesives need to be strong and long-lasting yet still biocompatible and removable.
The pace of growth of the market for medical adhesives, which has now entered a new stage of development, is likely to keep increasing, driven by the rising demand for minimally invasive surgeries.
Medical Device Adhesive Market Segment Insights
Medical Device Adhesive Market Product Type Insights
The Medical Device Adhesive Market is segmented by product type into pressure sensitive adhesives, non-pressure sensitive adhesives, hydrogel adhesives, biologic adhesives, and tissue adhesives.
Pressure-sensitive adhesives are the most commonly used type of medical device adhesive, accounting for over 50% of the global market revenue in 2023.
These adhesives are easy to apply and remove, and they provide a strong bond between the device and skin. Non-pressure sensitive adhesives are also widely used in medical devices, and they provide a more permanent bond than their pressure sensitive counterparts.
Hydrogel adhesives are a relatively new type of medical device adhesive, but they are rapidly gaining popularity due to being biocompatible and able to conform to the shape of the skin. Biologic adhesives are made from natural materials, and they provide a strong and biocompatible bond between the device and skin.
The growth of the market is expected to be driven by the increasing demand for medical devices, the growing prevalence of chronic diseases, and the rising adoption of minimally invasive surgical procedures. The pressure sensitive adhesives segment is expected to continue to dominate the Medical Device Adhesive Market throughout the forecast period.
The growth of the segment is anticipated to be driven by the increasing demand for wound care products and wearable medical devices. The non-pressure sensitive adhesives segment is also expected to grow at an even pace, driven by their increasing use in surgical procedures.
The hydrogel adhesives segment is expected to grow at the fastest rate during the forecast period. The growth of the segment is anticipated to be driven by the increasing demand for biocompatible and conformable adhesives.
The biologic adhesives segment is also expected to grow at a notable pace, driven by their increasing adoption in surgical procedures.
The tissue adhesives segment is expected to grow at a moderate pace, driven by their increasing use in minimally invasive surgical procedures.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Medical Device Adhesive Market Application Insights
Wound care was the largest segment, accounting for over 40% of the market in 2023. The increasing prevalence of chronic wounds, such as diabetic ulcers and pressure sores, is driving the growth of this segment. Surgical closure is another major segment, with a market share of over 25% in 2023.
The rising number of surgical procedures is expected to fuel the growth of this segment. Transdermal drug delivery is a rapidly growing segment, with a CAGR of over 5% during the forecast period. The increasing demand for non-invasive drug delivery methods is raising the growth of this segment.
Medical device fixation and tissue engineering and regeneration are other significant segments of the market.
Medical Device Adhesive Market Substrate Insights
The Medical Device Adhesive Market is segmented by substrate into skin, metal, plastic, silicone, and textile. The skin segment held the largest market share in 2023, accounting for over 40% of the global market.
This is due to the increasing use of medical devices on the skin, such as wound dressings, bandages, and wearable medical devices.
The metal segment is expected to grow at the fastest CAGR during the forecast period, owing to the rising demand for medical devices made of metal alloys, such as stainless steel and titanium, which offer high strength and durability.
The plastic segment is expected to account for a significant share of the market, as plastics are widely used in the manufacturing of medical devices due to their low cost, versatility, and ease of molding.
The silicone segment is expected to witness steady growth, driven by the increasing use of silicone in medical devices due to its biocompatibility, flexibility, and resistance to chemicals and heat.
The textile segment is expected to hold a small share of the market but is expected to grow at a healthy CAGR during the forecast period, owing to the increasing use of textiles in medical devices such as surgical gowns, drapes, and bandages.
Medical Device Adhesive Market Curing Mechanism Insights
The Medical Device Adhesive Market is segmented based on curing mechanisms into radiation curing, UV curing, heat curing, moisture curing, and plasma curing.
Among these, the UV curing segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period.
The growth of this segment can be attributed to the increasing adoption of UV curing adhesives in the manufacturing of medical devices due to their fast-curing speed, high bond strength, and low energy consumption.
The radiation curing segment is projected to witness the highest CAGR during the forecast period, owing to the growing demand for radiation-curable adhesives in the production of implantable devices and surgical instruments.
Heat curing adhesives are expected to hold a significant market share over the forecast period, as they offer high-temperature resistance and durability, making them suitable for applications in harsh environments.
Moisture-curing adhesives are gaining popularity in the production of disposable medical devices due to their ease of use and low cost. Plasma-curing adhesives are expected to witness niche applications in the medical device industry, primarily due to their ability to create strong bonds on a variety of surfaces.
Medical Device Adhesive Market Regional Insights
The regional segmentation of the Medical Device Adhesive Market offers valuable insights into the market's geographical distribution and growth dynamics.
North America dominates the market with a significant share, driven by factors such as the presence of leading medical device manufacturers, advanced healthcare infrastructure, and a large patient population.
Europe holds the second-largest market share, supported by its well-established healthcare systems, high adoption of advanced medical technologies, and a large aging population.
The APAC region is anticipated to exhibit the highest growth rate during the forecast period, owing to the increasing healthcare expenditure, growing medical device industry, and rising demand for medical adhesives in emerging markets such as China and India.
South America and MEA represent emerging markets with growing potential, driven by the expanding healthcare sector and increasing disposable incomes.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Medical Device Adhesive Market Key Players and Competitive Insights
Major players in the Medical Device Adhesive Market are continuously competing to establish their stronghold across the regions. Leading Medical Device Adhesive Market players are dedicatedly focused on developing and introducing more advanced products to fulfill diverse customer requirements.
To achieve this, they are implementing different strategies including merger and acquisition, partnership, geographical expansion, technological development, and product portfolio management.
Continuous developments in the Medical Device Adhesive Market are likely to attract a greater number of new players and escalate competition in the Medical Device Adhesive Market.
Among the leading Medical Device Adhesive Market players, 3M Company is a globally recognized and prominent player. The company holds a dominant share in the global wound care market and is a prominent provider of medical tapes and dressings.
3M's continuous investment in research and development enables them to introduce innovative solutions, such as advanced adhesives and wound dressings, that meet the evolving needs of healthcare professionals and patients.
A notable competitor in the Medical Device Adhesive Market is Henkel AG & Co. KGaA, a leading provider of consumer and industrial adhesives. With its acquisition of reputable medical adhesive companies, Henkel has significantly expanded its presence in the medical device industry.
The company focuses on developing high-performance adhesives for surgical applications, wound care, and drug delivery devices. Henkel's strong emphasis on innovation has resulted in the development of specialized adhesives that offer enhanced biocompatibility and reduced risk of infection.
Key Companies in the Medical Device Adhesive Market Include:
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Henkel LOCTITE Corporation
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3M
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Nitto Denko Corporation
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Bostik
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Avery Dennison Corporation
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Mactac
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Henkel AG Co. KGaA
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Tesa SE
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Sika AG
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Avery Products Corporation
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DowDuPont Inc.
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Scapa Group plc
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Lohmann Tapes GmbH Co. KG
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Arkema SA
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H.B. Fuller Company
Medical Device Adhesive Market Developments
The rising demand for minimally invasive surgeries, the increasing prevalence of chronic diseases, and technological advancements in medical adhesives are driving market growth.
Key industry developments include the launch of new products with enhanced properties, strategic acquisitions, and collaborations among market players.
Recent news highlights include the acquisition of Adhezion Biomedical by 3M in 2023, strengthening 3M's position in the surgical and wound care markets.
Furthermore, the development of biocompatible and biodegradable adhesives holds promising opportunities for the future.
Medical Device Adhesive Market Segmentation Insights
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Medical Device Adhesive Market Product Type Outlook
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Medical Device Adhesive Market Application Outlook
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Medical Device Adhesive Market Substrate Outlook
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Skin
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Metal
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Plastic
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Silicone
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Textile
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Medical Device Adhesive Market Curing Mechanism Outlook
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Radiation Curing
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UV Curing
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Heat Curing
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Moisture Curing
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Plasma Curing
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Medical Device Adhesive Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
3.85(USD Billion) |
| Market Size 2023 |
3.93(USD Billion) |
| Market Size 2032 |
4.8(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
2.24% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Henkel LOCTITE Corporation, 3M, Nitto Denko Corporation, Bostik, Avery Dennison Corporation, Mactac, Henkel AG Co. KGaA, Tesa SE, Sika AG, Avery Products Corporation, DowDuPont Inc., Scapa Group plc, Lohmann Tapes GmbH Co. KG, Arkema SA, H.B. Fuller Company |
| Segments Covered |
Product Type, Application, Substrate, Curing Mechanism, Regional |
| Key Market Opportunities |
Growing demand for minimally invasive procedures Technological advancements in biocompatible adhesives Rising prevalence of chronic diseases Increasing geriatric population Expansion of emerging markets |
| Key Market Dynamics |
Growing demand for minimally invasive surgeries Technological advancements in adhesive materials Increasing prevalence of chronic diseases Government regulations and standards Rising demand from emerging markets |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Medical Device Adhesive Market is estimated to reach a value of 4.8 billion USD by 2032.
The Medical Device Adhesive Market is expected to grow at a CAGR of 2.24% between 2024 and 2032.
North America is expected to dominate the Medical Device Adhesive Market throughout the forecast period.
Key applications of Medical Device Adhesives include wound care, surgical procedures, and drug delivery systems.
Some of the key competitors in the Medical Device Adhesive Market include 3M, Henkel, Avery Dennison, and Johnson Johnson.
Rising demand for minimally invasive surgeries, increasing healthcare expenditure, and technological advancements are driving the growth of the Medical Device Adhesive Market.
Stringent regulatory requirements, concerns regarding biocompatibility, and competition from alternative technologies pose challenges to the Medical Device Adhesive Market.
Growing demand for wearable medical devices and advancements in biomaterials present opportunities for growth in the Medical Device Adhesive Market.
The Medical Device Adhesive Market was worth 3.93 billion USD in 2023.
Key trends in the Medical Device Adhesive Market include the development of bioresorbable adhesives, the use of nanotechnology, and the increasing adoption of sustainable materials.
