Global Low Trauma/Skin Friendly Adhesives Market

Low Trauma/Skin Friendly Adhesives Market Size, Share, Growth Analysis, By End users(Hospital, Home care, Trauma centres, Clinical laboratories), By Application(Wound care, Medical monitoring devices, Drug delivery devices), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35B2079 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 64 | Figures: 79

Low Trauma/Skin Friendly Adhesives Market Dynamics

Driver

Increasing demand of single use of medical products

  • Single use disposable medical products have several advantages. Disposable devices are mainly depends upon plastic and assembled by ultrasonic welding or radio frequency welding. The demand for high production of single use devices are increased because of it is used in clean rooms for minimizing human contact. The advantages of disposable devices are lower risk of contamination, fewer regulatory concerns, less need for validation of cleaning systems, lower capital investment, higher compatibility and increased assurance of sterility. Due to all this factors, demand for single use of medical products increases, and this segment drive the market growth.

Restraint

Rising cost of healthcare facilities

  • Rising cost of healthcare facilities is one of the key factor for hampering the growth of the global low trauma/skin friendly adhesives market. Healthcare facility operators and medical device manufacturers need to keep costs under control but due to the rising cost of raw material; they are facing difficulties in controlling costs. Increasing costs of raw material of adhesives also hampers the growth of market.
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Low Trauma/Skin Friendly Adhesives Market size was valued at USD 203.79 billion in 2022 and is poised to grow from USD 217.44 billion in 2023 to USD 365.31 billion by 2031, at a CAGR of 6.7% during the forecast period (2024-2031).

low trauma/skin friendly adhesives market is highly fragmented in small-scale and medium-scale companies. Major players are continuously adopting strategies, such as acquisitions, collaboration, and new product launches, to strengthen their positions in the market and drive the business growth. '3M Company', 'Scapa Group plc', 'Henkel AG & Co. KGaA', 'Avery Dennison Corporation', 'Adhesives Research Inc.', 'Vancive Medical Technologies', 'Lohmann GmbH & Co. KG', 'Essentra Specialty Tapes', 'UPM-Kymmene Oyj', 'Nitto Denko Corporation', 'Elkem Silicones', 'Tesa SE', 'The Dow Chemical Company', 'Medline Industries Inc.', 'Adhezion Biomedical LLC', 'Dermabond LLC', 'Syntac Coated Products LLC', 'Covalon Technologies Ltd.', 'Adhesive Research Inc.', 'Lintec Corporation', 'In August 2023, Medela, announced that it will introduce a new innovative sterile dressing within its negative pressure wound therapy (NPWT) portfolio in September. The Integrated Dressing is a ‘peel-and-stick’ adhesive, comprised of a three-layer fluid handling pad that features a skin-friendly silicone adhesive border. ', 'In August 2023, Neotech Products announced the release of the NeoSnug Tubing Holder. NeoSnug helps prevent tubing from shifting or slipping. The NeoSnug features skin friendly Hydrocolloid adhesive base and a unique shape ideal for securing tubes close to the nares. ', 'In April 2021, 3M launched its new silicone adhesive, which helps improve medical devices for people with sensitive skin. ', 'In April 2021, Scapa Healthcare announced the relocation of the Hydrocolloid Technology Centre in Orangeburg, New York. The company is making significant investments in growing customer demand for premium medical-grade hydrocolloid adhesive technology worldwide.'

Single use disposable medical products have several advantages. Disposable devices are mainly depends upon plastic and assembled by ultrasonic welding or radio frequency welding. The demand for high production of single use devices are increased because of it is used in clean rooms for minimizing human contact. The advantages of disposable devices are lower risk of contamination, fewer regulatory concerns, less need for validation of cleaning systems, lower capital investment, higher compatibility and increased assurance of sterility. Due to all this factors, demand for single use of medical products increases, and this segment drive the market growth.

The leading players in the market are adopting various strategies to strengthen their position in the market. This includes R&D investments and new & technologically advanced products in the market. One of the major trends in the market for low trauma/skin friendly adhesives is the rising use of bio-adhesives for internal medical procedures, implants, and wound healing. These adhesives are composed of biological monomers, such as synthetic materials or sugars, designed to adhere to biological tissues. Traditional stitches, used by doctors to close wounds, are more painful to remove and leave black marks on the skin.

On the basis of region low trauma/skin friendly adhesives market is divided into, North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America dominated the gobal market in 2022. Factors such as increasing number of chronic diseases, favourable reimbursement processes and well-established healthcare infrastructure in the region drive the market in this region. Advances in technology and availability of significant players taking initiatives to develop new devices are expected to drive demand of low trauma/skin care adhesives.

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Global Low Trauma/Skin Friendly Adhesives Market

Report ID: SQMIG35B2079

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