: Fastest Growing Segment
Adhesives are critical components in the design and manufacture of the majority
of medical devices. As medical devices become smaller and more complex, greater
demands are being made on the materials and components used in them. New
advances are widening the performance envelope for medical adhesives.
Variations in polymer
compositions, coupled with compounding differences, are allowing properties to
be tailored to meet specific application requirements, including biostability,
sterilization effects, and mechanical properties. Perhaps even more exiting are
estimates that only about one-half of the applications that could be served by
adhesives are actually using adhesives in assembly, leaving significant growth
opportunity. By all measures, growth potential is very attractive and this
market segment generates a lot of interest among adhesive suppliers.
The market for adhesives used for
medical applications is one of the exciting segments in the specialty chemicals
As per a recent report by the
Business Communications Company the 2001 US market for specialty adhesives was
about $5.7 billion, and is forecast to grow at 4.3% per year, with medical and
dental applications being the fastest-growing sector at 5.9% per year. Frost and
Sullivan report the size of the European PSA market (medical and non-medical) to
be $620 million in 2000, and $796 million in 2007.
Zion Research has published a new
report titled Medical Adhesives and Sealants (Synthetic and Natural) Market for
Internal, External and Dental Applications: Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 2020. According to the report,
global demand for medical adhesives and sealants market was valued at USD 6.0
billion in 2014, and is expected to reach USD 10.50 billion in 2020, growing at
a CAGR of 8.5% between 2015 and 2020.
North America is the largest
market, both in terms of volume and value, followed by Europe. China, U.S.,
Japan, India, and Germany are expected to persist as successful medical
adhesives markets. The key players in the medical adhesives market are Bostik
Ltd. (France), Henkel AG & Company (Germany), B. Braun Melsungen AG (Germany),
3M Company (U.S.), CryoLife, Inc. (U.S.), Chemence Ltd. (U.K.), Cyberbond LLC
(U.S.), Itac Ltd. (U.S.), Ethicon Inc. (U.S.), Covidien Ltd. (Ireland),
GluStitch Inc. (Canada), Adhezion Biomedical (U.S.), Cohera Medical, Inc.
(U.S.), Baxter International Inc. (U.S.), Gem S.r.l (Italy), Meyer-Haake Gmbh
(Germany), and Biocoral, Inc. (France) , and others.
The medical adhesives demand, in
terms of value and volume, depicts the current and future projections according
to the parallel economic and industrial outlook. This analysis covers important
developments, investments & expansions, partnerships & agreements, and mergers &
acquisitions of the leading global companies.
Cost cutting in the healthcare
industry is a reality and likely here to stay. Hospitals and other large
healthcare providers have formed very successful buying groups who are
pressuring suppliers for lower prices and additional services, which, in turn,
create cost pressures on all suppliers throughout the value chain. In some
instances, high-end devices that were manufactured for single use are being
cleaned via sophisticated on-site processes to stretch the healthcare dollar
even further. There has also been significant consolidation via merger and
acquisition of participants at all levels of the value chain. In recent years,
large distributors have emerged and everyone is aware of the consolidation of
hospital and other large healthcare providers. As a result, the industry screams
for lower total costs, and adhesives offer the potential for ever-increasing
the applications of Pressure Sensitive Adhesive are plaster and pads,
transdermal drug delivery systems (TDDS), Tapes, biomedical electrodes,
self-adhesive hydrogels and surgical drapes. Pressure Sensitive Adhesive
tapes are most widely used.
tapes (PSAs) are easily adapted to a range of medical applications from
joining components like panels in medical equipment, to joining and sealing
parts in handheld diagnostic devices, to joining and sealing surgical drapes
and wound care dressings to skin.
PSA tapes require pressure
to adhere to a surface. These tapes can be formulated to form high strength
bonds when used in medical equipment or to join different dressing and drape
substrates together, or to provide gentle adhesion when used in a
stick-to-skin application. PSA tapes can be acrylics, silicones, or styrene
Stick-to-skin PSAs have the following
Adhesion to organic and inorganic surfaces;
Optimized for wetting and gap filling;
Working characteristics suitable for high-volume production
Compatibility with different forms of sterilization;
Hydrocolloids and silicone PSAs are
increasingly popular for their low skin trauma characteristics. These
medical tapes are often required to provide secure adhesion for a device or
dressing long enough for a therapeutic effect to occur. When adhesion is too
low, the device wont stay in place long enough; too high and the skin and
wound may suffer trauma upon removal of the device or dressing.