North America Medical Device Adhesives Market Trends and Analysis by 2027
North America Medical Device Adhesives Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Resin Type (Acrylic, Cynoacrylates, Epoxy, Light Curing, Polyurethane and Silicone); Device Type (Catheters, Masks, Needles and Syringes, Tube Sets, and Wearable Medical Devices, and Others); and Country
- Report Date : Dec 2020
- Report Code : TIPRE00017269
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 133
The North America medical device adhesive market is expected to reach US$ 5,222.20 million by 2027 from US$ 2,884.04 million in 2019; it is estimated to grow at a CAGR of 7.8% from 2020 to 2027.
The increasing usage of medical device adhesive and technological advancements in medical device adhesive are the key factors driving the growth of medical device adhesive. However, complications associated with the medical device adhesive is the major factor hindering the market growth in North America.Medical device adhesive are the adhesives that are manufactured as per the medical grades. They are mainly used for assembling medical devices. They also help to optimize assembly speeds to enable better processing, greater output as well as lowering the associated costs. During recent years, along with the technological developments in medical device industry, the demand for medical device adhesive has also increased significantly.
Continuous R&D studies are ongoing to gain a better understanding on creating high-end medical solutions for incorporating a wide range of medical devices in practical usage. Companies are investing in the development of innovative instruments to secure good return on investment (ROI). Additionally, the product approval by regulatory authorities confirms reliability and credibility of the new age medical device sealants and adhesives.
Recently, various market players have launched high-end and top-quality medical device adhesive in the market. For instance, in February 2019, 3M expanded its adhesive product line with the launch of new portfolio for wearable medical devices. 3M added 3M Extended Wear Medical Transfer Adhesive, 4075 in addition to its existing advanced adhesives for medical devices. Further, in February 2019, DowDuPont launched a new soft skin adhesive for wearable medical devices at the Wearable Technologies Conference, 2019. Recently, in July 2020, Qosina partnered with H.B. Fuller, a medical adhesive manufacturer and introduced an off-the-shelf UV-curable cyanoacrylate adhesive for bonding medical device assemblies. These adhesives feature low bloom and low odor qualities with varying degrees of sheer, viscosity, and fixture time. The mounting number of launches of such novel products facilitates the growth of the medical device adhesive market.
North America has been witnessing a growing number of COVID-19 cases since its outbreak. To deal with the situation, the market players focus their business operations on increasing the production capacities of medical device adhesive. Moreover, many pharmaceutical companies have been forced or encouraged to temporarily close operations. For instance, employees of Epoxy Technology, Inc., have rallied to continue production of adhesives and epoxies used on the frontlines of treating COVID-19 patients. Medical device manufacturers facing extraordinary challenges to rapid delivery in the emergency medical supplies with increased supply and demand from COVID19. As a result, the companies are turning to non-traditional methods to manufacture and the increased supply and demand. The impact of the COVID19 pandemic on the regional medical device adhesive market is high.
Mexico Medical Device Adhesive Market, Revenue and Forecast to 2027 (US$ Mn)
NORTH AMERICA MEDICAL DEVICE ADHESIVE MARKET SEGMENTATION
By Resin Type
- Acrylic
- Silicone
- Cynoacrylates
- Polyurethane
- Light Curing
- Epoxy
By Device Type
- Catheters
- Wearable Medical Devices
- Smartwatches
- Wristband and Activity Monitors
- Patches
- Smart Clothing
- Needles and Syringes
- Pacemaker
- Tube Sets
- Masks
- High
By Country
- US
- Canada
- Mexico
Company Profiles
- 3M
- Dymax Corporation
- Epoxy Technology, Inc
- Master Bond
- H.B. Fuller Company
- INCURE INC
- Permabond LLC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Resin Type, Device Type, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Medical Device Adhesive Market – By Resin Type
1.3.2 North America Medical Device Adhesive Market – By Device Type
1.3.3 North America Medical Device Adhesive Market – By Country
2. North America Medical Device Adhesive Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Medical Device Adhesive Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Medical Device Adhesive Market - North America PEST Analysis
5. North America Medical Device Adhesive Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Usage of Medical Device Adhesive
5.1.2 Technological Advancements in Medical Device Adhesive
5.2 Market Restraint
5.2.1 Complications Associated with Medical Device Adhesive
5.3 Market Opportunity
5.3.1 Rapid Surge in Number of Minimally Invasive Procedures
5.4 Future Trend
5.4.1 Increasing Adoption of Eco-Friendly and Biocompatible Solutions
5.5 Impact Analysis
6. Medical Device Adhesive Market – North America Analysis
6.1 North America Medical Device Adhesive Market Revenue Forecasts and Analysis
7. North America Medical Device Adhesive Market Analysis and Forecasts To 2027 – By Resin Type
7.1 Overview
7.2 North America Medical Device Adhesive Market, By Resin Type 2019 & 2027 (%)
7.2.1 North America Medical Device Adhesive Market Revenue and Forecasts to 2027, By Resin Type (US$ Mn)
7.3 Acrylic
7.3.1.1 Overview
7.3.2 North America Acrylic Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Silicone
7.4.1 Overview
7.4.1.1 North America Silicone Revenue and Forecasts to 2027 (US$ Mn)
7.5 Cyanoacrylate
7.5.1 Overview
7.5.2 North America Cyanoacrylate Market Revenue and Forecast to 2027 (US$ Mn)
7.6 Polyurethanes
7.6.1 Overview
7.6.2 North America Polyurethanes Market Revenue and Forecast to 2027 (US$ Mn)
7.7 Light Curing
7.7.1 Overview
7.7.2 North America Light Curing Market Revenue and Forecast to 2027 (US$ Mn)
7.8 Epoxy
7.8.1 Overview
7.8.2 North America Epoxy Market Revenue and Forecast to 2027 (US$ Mn)
8. North America Medical Device Adhesive Market Analysis and Forecasts To 2027 – By Device Type
8.1 Overview
8.2 North America Medical Device Adhesive Market, By Device Type 2019 & 2027 (%)
8.2.1 North America Medical Device Adhesive Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)
8.3 Catheters
8.3.1 Overview
8.3.2 North America Catheters Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Wearable Medical Devices
8.4.1 Overview
8.4.2 North America Wearable Medical Devices Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.3 Smartwatches
8.4.3.1 Overview
8.4.3.2 North America Smartwatches Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.4 Wristband and Activity Monitors
8.4.4.1 Overview
8.4.4.2 North America Wristband and Activity Monitors Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.5 Patches
8.4.5.1 Overview
8.4.5.2 North America Patches Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.6 Smart Clothing
8.4.6.1 Overview
8.4.6.2 North America Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Needles and Syringes
8.5.1.1 Overview
8.5.2 North America Needles and Syringes Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Pacemaker
8.6.1.1 Overview
8.6.2 North America Pacemaker Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 Tube Sets
8.7.1 Overview
8.7.2 North America Tube Sets Market Revenue and Forecasts to 2027 (US$ Mn)
8.8 Masks
8.8.1 Overview
8.8.2 North America Masks Market Revenue and Forecasts to 2027 (US$ Mn)
9. Medical Device Adhesive Market Revenue and Forecasts To 2027 – Geographical Analysis
9.1 North America Medical Device Adhesive Market Revenue and Forecasts To 2027
9.1.1 Overview
9.1.2 North America: Medical Device Adhesive Market, - Revenue and Forecast to 2027 (USD Million)
9.1.3 North America: Medical Device Adhesive Market, by Resin Type Type – Revenue and Forecast to 2027 (USD Million)
9.1.4 North America: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
9.1.4.1 North America: Wearable Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
9.1.5 North America: Medical Device Adhesive Market, by Country, 2019 & 2027 (%)
9.1.6 US: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
9.1.6.1 US: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
9.1.6.2 US: Medical Device Adhesive Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)
9.1.6.3 US: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
9.1.6.3.1 US: Wearable Medical Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
9.1.7 Canada: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
9.1.7.1 Canada: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
9.1.7.2 Canada: Medical Device Adhesive Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)
9.1.7.3 Canada: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
9.1.7.3.1 Canada: Wearable Medical Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
9.1.8 Mexico: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.1 Mexico: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.2 Mexico: Medical Device Adhesive Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)
9.1.8.3 Mexico: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
9.1.8.3.1 Mexico: Wearable Medical Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10. Impact of COVID-19 Pandemic on North America Medical Device Adhesive Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Dymax Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Epoxy Technology, Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Master Bond
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 H.B. Fuller Company
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Adhesives Research
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 INCURE INC.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Permabond LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 3M
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About the Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Medical Device Adhesive Market Revenue and Forecasts To 2027, By Resin Type (US$ Mn)
Table 2. North America Medical Device Adhesive Market Revenue and Forecasts To 2027, By Device Type (US$ Mn)
Table 3. North America: Medical Device Adhesive Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)
Table 4. North America: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 5. North America: Wearable Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 6. US: Medical Device Adhesive Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)
Table 7. US: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 8. US: Wearable Medical Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 9. Canada: Medical Device Adhesive Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)
Table 10. Canada: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 11. Canada: Wearable Medical Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 12. Mexico: Medical Device Adhesive Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)
Table 13. Mexico: Medical Device Adhesive Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 14. Mexico: Wearable Medical Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 15. Glossary of Terms, Medical device adhesive Market
LIST OF FIGURES
Figure 1. Medical Device Adhesive Market Segmentation
Figure 2. North America Medical Device Adhesive Market Overview
Figure 3. Acrylic Segment Held Largest Share of Medical Device Adhesive Market
Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. North America Medical Device Adhesive Market - Leading Country Markets (US$ Mn)
Figure 6. Medical Device Adhesive Market - North America PEST Analysis
Figure 7. Medical Device Adhesive Market Impact Analysis of Drivers and Restraint
Figure 8. North America Medical Device Adhesive Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. North America Medical Device Adhesive Market, By Resin Type 2019 & 2027 (%)
Figure 10. North America Acrylic Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. North America Silicone Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. North America Cyanoacrylate Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. North America Polyurethanes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. North America Light Curing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. North America Epoxy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. North America Medical Device Adhesive Market, By Device Type 2019 & 2027 (%)
Figure 17. North America Catheters Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. North America Wearable Medical Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America Smartwatches Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. North America Wristband and Activity Monitors Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. North America Patches Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. North America Smart Clothing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. North America Needles and Syringes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. North America Pacemaker Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. North America Tube Sets Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. North America Masks Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. North America: Medical Device Adhesive Market, by Key Country – Revenue (2019) (USD Million)
Figure 28. North America: Medical Device Adhesive Market, Revenue and Forecast to 2027 (USD Million)
Figure 29. North America: Medical Device Adhesive Market, by Country, 2019 & 2027 (%)
Figure 30. US: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
Figure 31. Canada: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
Figure 32. Mexico: Medical Device Adhesive Market – Revenue and Forecast to 2027 (USD Million)
Figure 33. Impact of COVID-19 Pandemic on Medical Device Adhesive market in North American Countries
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
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As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
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