According to our new market research study on “Asia Pacific Medical Device Adhesive Market to 2027 – Regional Analysis and Forecast – by Resin Type, and Device Type” the market is expected to reach US$ 2,245.98 million by 2027 from US$ 1,201.22 million in 2019; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027. The report provides trends prevailing in the Asia Pacific medical device adhesive market and the factors driving the market growth along with those hindering it.
In 2019, the acrylic segment accounted for the highest share as well as the highest CAGR in the market and is likely to retain its dominant share owing to the factors such as evident use of acrylic solutions in wide range of applications such as dental, assembly of medical devices and equipment. Furthermore, medical grade acrylic is also ideal for use in interior and well as exterior medical applications that include skin tissue adhesives.
The growth of the Asia Pacific medical device adhesive market is mainly attributed to the increasing usage of medical device adhesive and technological advancements in medical device adhesive. However, complications associated with the medical device adhesive is the major factor hindering the market growth in Asia Pacific.
3M; Henkel AG & COMPANY, KGAA; Hönle AG; H.B. Fuller Company; and Permabond LLC, Inc are among the leading companies operating in the Asia Pacific medical device adhesive market.
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Rest of Asia Pacific Medical Device Adhesive Market, Revenue and Forecast to 2027 (US$ Mn)
ASIA PACIFIC MEDICAL DEVICE ADHESIVE MARKET SEGMENTATION
By Resin Type
By Device Type
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