Medical Adhesives and Sealants Market - North America Continued to Dominate This Market
Medical adhesives and sealants are chemical formulations that are safe for use in bonding applications during medical procedures. The use of adhesives and sealants in medical applications is relatively new except in joint implants and dentures.
Albany, NY -- (SBWire) -- 04/15/2016 --Growing demand from electronics and automotive applications supported by increasing pressure from regulatory bodies for better processes with reduction in carbon footprint is expected to fuel the global demand for medical adhesives and sealants. Additionally, increasing demand from labeling and packaging applications attributed to improved inventory management and low cost flexible packaging materials, respectively, are expected to further fuel the demand for medical adhesives and sealants. However, volatile feedstock prices for petroleum based medical adhesives and sealants and regulations against volatile organic compounds (VOC) from solvent based medical adhesives and sealants are expected to hinder market growth of medical adhesives and sealants.
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This report gives a detailed description of the global medical adhesives and sealants market based on volume share (kilo tons) and revenue (USD million) for the period 2014 to 2020. The report highlights the factors contributing to the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2014 to 2020 for medical adhesives and sealants have been given separately, for better understanding of the market scenario. The medical adhesives and sealants market is described with respect to their various segments along with the opportunities that are expected in the coming six years.
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For geographic analysis, the global medical adhesives and sealants market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The medical adhesives and sealants market has been segmented based on the following product types – acrylic, silsicones, cyanoacrylate, polyethylene glycol, other synthetic, collagen, fibrin, albumin and other natural The study also analyses market attractiveness for all product segments of medical adhesives and sealants with the help of the market attractiveness tool. The study segments the market on an application basis into internal, external and dental applications. The study provides forecasts and estimates for each application segment in terms of revenue and volume over the forecast period from 2014 to 2020.
For a more comprehensive view of the market, a value chain analysis and Porter's five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The report also includes detailed profiles of key players such as 3M Company, HB Fuller, Henkel AG, Baxter International, Dentsply Limited, CryoLife Inc., Johnson and Johnson, Adhesive Research Inc., Avery Dennison Corporation and Ashland, Inc. The detailed description of players includes parameters such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company.
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To manage the scope of the research certain assumptions were made. Inflation is not a part of pricing in this report. Prices of medical adhesives and sealants vary in each region. Given that different end-users use different types of products, pricing for each application varies according to region while estimating and forecasting market revenue on the global basis. Regional average price has been considered while breaking down the market by product types in each region.
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