The Global Medical Device Adhesive Market is consolidated due to the presence of limited number of players concentrated in few countries

Pune, India -- (SBWire) -- 02/16/2018 --The Global Medical Device Adhesive Market accounted for USD 3.2 billion in 2016 and projected to grow at a CAGR of 7.01% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Medical Device Adhesive Market Report is a compilation of the several factors driving and restraining this market along with a through run-down of the sales volume of each product within carefully categorized sub-segments of the market.

Global Medical Device Adhesive Market By Resin Type (Light Curing, Cyanoacrylates, Acrylic, Epoxy, Silicone, Polyurethane); Application (Needles & Syringes, Catheters, Tube Sets, Masks, Polycarbonate Devices, Pacemaker); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Top Competitors:

Henkel AG & Co. KGaA,
Dymax Corporation,
Permabond LLC,
B. Fuller Company,
UV – Technologie,
Epoxy Technology, Inc,
Novachem Corporation ltd,
INCURE,
Adhesives Research, Inc.
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Market Definition:

Medical devices are becoming complex and sophisticated. Whether used outside the body, in the form of instrumentation or surgical tools, or inside the body, for diagnostic monitoring or therapeutic purposes, medical devices typically consist of components and materials that must be joined in some way. It has its wide application in needles & syringes, catheters, tube sets, masks, polycarbonate devices, pacemaker. Increase in global population with rise in income level may act as the major driver in the growth of medical device adhesive market. On the other side, higher technology cost may hamper the market.

Major Market Drivers:

Increase in global population with rise in income level
High growth in the implantable and wearable device market
Expansion activities of medical device manufacturers
High prevalence of chronic diseases
Complicated reimbursement process
Alternative drug methods
Re-Use of pen needles
Higher technology cost
Competitive Analysis:

The global medical device adhesive market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Market Segmentation:

On the basis of resin type:- Light curing, cyanoacrylates, acrylic, epoxy, silicone, and polyurethane. The light curing segment is further sub segmented into light curing acrylics, light curing cyanoacrylates, and light curing silicones.

On the basis of application:- Needles & syringes, catheters, tube sets, masks, polycarbonate devices, and pacemaker and others.

On the basis of geography:- Global Medical Device Adhesive Market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

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Key Questions Answered in Global Medical Device Adhesive Market Report:-

What will the market growth rate, Overview and Analysis by Type of Global Medical Device Adhesive Market in 2024?

What are the key factors driving, Analysis by Applications and Global Medical Device Adhesive Market?

What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Medical Device Adhesive Market?

Who are Opportunities, Risk and Driving Force of Global Medical Device Adhesive Market?

Who are the opportunities and threats faced by the vendors in Global Medical Device Adhesive Market?

What are the Global Medical Device Adhesive Market opportunities, market risk and market overview of the Market?

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