GITNUX MARKETDATA REPORT 2024

Medical Adhesives Industry Statistics

The medical adhesives industry is expected to experience steady growth due to increasing demand for wound closure and medical device applications.

In this post, we explore key statistics and trends in the global Medical Adhesives Market. From the market value projections to leading segments and regional dynamics, we delve into the data shaping the industry landscape. Stay informed about the latest insights driving innovation and growth in the medical adhesives sector.

Statistic 1

"The global Medical Adhesives Market was valued at USD 7.6 Billion in 2020."

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Statistic 2

"The Medical Adhesives Market is expected to have a CAGR of 7% from 2021-2026."

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Statistic 3

"The North American region had the largest share in the medical adhesives market in 2020."

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Statistic 4

"The dental segment is projected to lead the medical adhesive market during the forecast period, 2021-2026."

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Statistic 5

"The acrylic segment held the largest market size in the medical adhesive market in 2020."

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Statistic 6

"The internal application segment was the largest application area for medical adhesives in 2020."

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Statistic 7

"The use of medical adhesives on wearable medical devices is estimated to register a rise."

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Statistic 8

"Over 60% of global medical adhesives revenue is from North America and Europe."

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Statistic 9

"Collagen-based adhesives lead the market in terms of value."

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Statistic 10

"The synthetic medical adhesives segment is expected to witness 9.0% CAGR from 2019 to 2025."

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Statistic 11

"The cyanoacrylate medical adhesive segment is projected to reach $3.6 billion by 2025."

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Statistic 12

"Germany dominated the Europe medical adhesives market and was valued at $387.5 million in 2018."

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Statistic 13

"The Asia-Pacific medical adhesives market is projected to have the highest CAGR of 9.8% between 2018 and 2025."

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Statistic 14

"Bioadhesive segment of medical adhesives market is predicted to grow over 13% by 2025."

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Statistic 15

"The Medical Adhesives market size will cross USD 17.6 billion by 2024."

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Statistic 16

"Top companies accounted for approximately 70% of the overall Medical Adhesives market share in 2017."

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Statistic 17

"The global market for medical adhesives and sealants is projected to reach $12.1 Billion by 2022."

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Statistic 18

"The largest consumers of medical adhesives are hospitals and clinics."

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In conclusion, the global medical adhesives market is experiencing significant growth and is projected to continue on an upward trajectory in the coming years. Factors such as the increasing use of medical adhesives in various applications, particularly in the dental and wearable medical device segments, are contributing to this growth. Regions like North America and Europe are key players in this market, with notable advancements in collagen-based and synthetic medical adhesives. The Asia-Pacific region is also emerging as a promising market for medical adhesives. Overall, the medical adhesives market is forecasted to reach substantial value milestones by 2024 and beyond, highlighting a lucrative and dynamic industry landscape.

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