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Biomedical Adhesives and Sealants Market Size, Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2024 – 2032


Published on: 2024-08-04 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Biomedical Adhesives and Sealants Market Size, Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

Biomedical Adhesives and Sealants Market Size

Biomedical Adhesives and Sealants Market recorded robust expansion in 2023 and will demonstrate a noteworthy CAGR between 2024 and 2032, propelled by ongoing research and development efforts coupled with strategic collaborations among industry players.
 

The pursuit of innovative solutions, formulations, and applications is fostering the industry progression. Collaborations enhance expertise sharing and resource utilization, accelerating the development of advanced adhesives and sealants. This dynamic ecosystem of continuous improvement and cooperation plays a pivotal role in expanding the size of the biomedical adhesives and sealants industry.
 

For instance, in March 2023, through collaborative efforts, Terasaki Institute for Biomedical Innovation scientists utilized innovative chemistry to create an injectable biomaterial with enhanced adhesive strength, stretchability, and toughness. This modified gelatin-based hydrogel, with rapid gelation and adjustable adhesion levels, serves as an ideal surgical wound sealant, displaying superior adherence to various tissue and organ surfaces.
 

Advancements in nanotechnology and the development of biocompatible formulations are pivotal drivers shaping the biomedical adhesives and sealants market. These innovations enhance the performance of adhesives in medical applications, ensuring compatibility with biological systems. The use of nanomaterials and biocompatible formulations improves the efficacy of adhesives and expands their applications, reinforcing the market's commitment to providing cutting-edge solutions in the rapidly evolving field of healthcare.
 

For instance, in October 2023, researchers at the Indian Institute of Science Education and Research Bhopal created a transparent synthetic biomedical adhesive. Biodegradable and biocompatible, it adeptly seals and repairs damaged tissues, bones, eggshells, and wood in both air and underwater. Remarkably, it doesn't necessitate crosslinking agents or metal ions, demonstrating versatility and eco-friendliness.
 

Though the biomedical adhesives and sealants market holds remarkable potential, certain factors pose barriers. The elevated costs linked to advanced medical adhesives and sealants, in tandem with occasional supply chain disruptions, create hurdles for widespread adoption. Addressing these challenges proactively through innovative, cost-effective solutions and resilient supply chain strategies will ensure a more seamless integration of these advanced products into the evolving landscape of healthcare applications.
 

Biomedical Adhesives and Sealants Market Trends

The market is significantly propelled by the increasing demand for minimally invasive surgical procedures and advancements in medical technologies. As healthcare embraces less-invasive techniques, the need for high-performance adhesives and sealants rises. The trend reflects a shift towards more precise, efficient, and patient-friendly procedures, fostering the continuous gains of the industry to meet the evolving demands of modern medical practices.
 

For instance, in November 2023, Terasaki Institute researchers pioneered an adhesive gel for treating enterocutaneous fistulas, addressing a challenging medical condition. This breakthrough represents a milestone in providing a revolutionary solution to gastrointestinal leaks, benefiting both patients and clinicians.
 

Biomedical Adhesives and Sealants Market Analysis

Polyethylene glycol (PEG) within the synthetic sealants and medical adhesives segment will achieve a notable market share by 2032. Recognized for its biocompatibility, PEG exhibits excellent adhesive properties in various medical applications. Its versatility, low toxicity, and ability to adhere to diverse substrates make it a preferred choice. As the demand for advanced medical solutions grows, PEG-based adhesives and sealants will experience significant market expansion, solidifying their position as a key driver in the industry. 
 

The biomedical adhesives and sealants market from dental segment will establish a significant foothold by 2032 due to a surge in demand for advanced dental procedures and materials. With increasing emphasis on aesthetic dentistry and minimally invasive techniques, dental adhesives and sealants play a pivotal role. Technological upgrades, in line with rising oral healthcare awareness, contribute to the segment’s growth. As dental practitioners seek innovative solutions, the dental segment will maintain its prominence in the expanding business.
 

North America biomedical adhesives and sealants will register a substantial CAGR from 2024 to 2032, owing to the region’s robust healthcare infrastructure, increasing investment in research and development, and a rising prevalence of chronic diseases. Additionally, a proactive regulatory environment and the presence of major industry players enhance market growth. The continuous demand for advanced medical technologies and the region’s commitment to adopting innovative healthcare solutions solidify North America’s position as a key contributor to the expanding market.
 

Biomedical Adhesives and Sealants Market Share

Some of the prominent biomedical adhesives and sealants industry players include

  • 3M Company
  • B. Braun (B. Braun Holding GmbH and Co. KG)
  • Bostik Ltd. (Arkema)
  • Cyberbond (H.B. Fuller)
  • Covidien Ltd. (Medtronic)
  • Cohera Medical
  • CryoLife
  • Chemence
  • Ethicon (Johnson and Johnson)
  • Itac Ltd.
     

These companies are actively expanding their market share through innovative product offerings and strategic collaborations. Significant investments in research and development aim to introduce advanced formulations tailored to the biomedical field’s specific requirements, ensuring characteristics like biocompatibility, flexibility, and robust adhesion properties. Strategic partnerships with medical device manufacturers and healthcare institutions play a pivotal role in enhancing market presence, reflecting the industry’s commitment to addressing evolving healthcare needs.
 

Ensuring heightened regulatory compliance and strict adherence to quality standards is crucial for establishing trust in the specialized biomedical adhesives and sealants market. With the increasing demand driven by ongoing medical advancements, market players are strategically positioning themselves as pivotal contributors to the evolving landscape. Leveraging their expertise, they adeptly address the dynamic needs of the healthcare industry.
 

Biomedical Adhesives and Sealants Industry News

In September 2023, Adhesive formulations with pending patents, created at Purdue University, utilize entirely sustainable, bio-based components. These formulations form bonds that strengthen in underwater or wet conditions.
 

In January 2023, H.B. Fuller, a global leader in adhesives, introduced its inaugural bio-compatible product, the Swift® melt 1515-I, compliant with IMEA. Designed specifically for medical tape applications, it is suitable for use in challenging climatic conditions like the high temperatures and humidity prevalent in the Indian subcontinent.

 

What Information does this report contain?

Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.
Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts major segments covering applications, top products and geographies.
Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )