Medical Adhesives Market size was over USD 9.59 billion in 2024 and is poised to exceed USD 23.97 billion by 2037, witnessing over 7.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of medical adhesives is evaluated at USD 10.19 billion.
With development happening globally, there is a lot of progress in the medical field including advancements in medical adhesives technologies. People are more aware about the kind of treatment options that are available in the market. Rising population means that more people will require access to better healthcare. This leads to various countries investing in research and development in the medical field. Such factors are going to directly influence the market.
Growth Drivers
Restraints
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
7.3% |
Base Year Market Size (2024) |
USD 9.59 billion |
Forecast Year Market Size (2037) |
USD 23.97 billion |
Regional Scope |
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The global medical adhesives market is segmented based on application into internal application, external application, dental, and medical equipment. Out of these, the largest market share will be observed by internal medical application. With the introduction of new technology and effective innovations in surgical applications, there has been developments for environmentally friendly medical adhesives which are also biodegradable in nature, which in turn is anticipated to drive the growth of the internal medical application segment in the market.
Our in-depth analysis of the global market includes the following segments:
By Product Type |
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By Application |
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North America has recently seen an increase in the number of patients who have significant knowledge about the healthcare industry. Understanding wound infection and common diseases have become a part of first-aid training. Apart from this, rapidly increasing geriatric population is being observed in the region. The geriatric population has a higher risk of developing chronic illnesses and thus requiring medical assistance. Such factors make North America one of the potential regions for medical adhesives among all other regions.
Europe industry is set to dominate majority revenue share by 2037, as the region has witnessed excellent product innovations along with new product developments. Among Europeans, cardiovascular disease is responsible for a significant number of deaths. Uncontrollable bleeding during cardiovascular surgery is a major cause of mortality. The use of traditional methods like staples and sutures to seal wounds can cause further damage. In this case, medical adhesives play an important role in healing and repair without much risk. This is a significant factor that leads to the large consumption of the product across the European medical adhesives market.
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Author Credits: Radhika Pawar
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