The medical adhesives and sealants market is a rapidly growing industry driven by the increasing demand for minimally invasive surgical procedures and the rising prevalence of chronic diseases worldwide. The market is characterized by a high level of innovation, with manufacturers developing new products with enhanced properties such as biocompatibility, strength, and durability. Factors such as aging populations, growing healthcare expenditure, and advancements in technology are also contributing to the growth of the market. However, challenges such as strict regulatory requirements, high development costs, and the risk of product failure are some of the factors that could restrain the growth of the market. Overall, the medical adhesives and sealants market is expected to continue to grow in the coming years due to the increasing demand for medical procedures and the development of new and innovative products.
The global Medical Adhesives and Sealants Market is estimated to be valued at US$ 11,982.3 million in 2021 and expected to exhibit a CAGR of 7.3 % over the forecast period (2021- 2028).
Key Companies in the Medical Adhesives and Sealants Industry:
1. 3M
3M is an American multinational conglomerate corporation founded in 1902. It is headquartered in St. Paul, Minnesota, and operates in more than 70 countries worldwide, employing around 96,000 people. In March, 2023 3M today announced a collaboration with Guardhat, an industry-leading connected safety software company.
2. Adhesion Biomedical
Adhesion Biomedical is a Canadian medical device company founded in 2014. It is headquartered in Halifax, Nova Scotia, and operates in several countries worldwide, including the United States, the United Kingdom, and Germany.
3. Bostik Ltd
Bostik Ltd is a global adhesive company founded in 1889. It is headquartered in Paris, France, and operates in over 50 countries worldwide, with a workforce of approximately 6,000 employees. In July, 2022 Bostik Advanced Packaging in Asia is launches its first mobile application for flexible packaging.
4. Henkel AG & Company
Henkel AG & Company is a German multinational chemical and consumer goods company founded in 1876. Its headquarters is in Düsseldorf, Germany, and it operates in over 75 countries worldwide, with approximately 52,000 employees.
5. B. Braun Melsungen
B. Braun Melsungen is a German medical and pharmaceutical company founded in 1839. Its headquarters is in Melsungen, Germany, and it operates in over 60 countries worldwide, with a workforce of approximately 64,000 employees.
6. CryoLife, Inc
CryoLife, Inc is an American medical device and tissue processing company founded in 1984. Its headquarters is in Kennesaw, Georgia, and it operates in several countries worldwide, including the United States, Canada, and Australia.
7. Itac Ltd
Itac Ltd is a British adhesive company founded in 1971. Its headquarters is in Lancashire, United Kingdom, and it operates in several countries worldwide, including the United States, the Netherlands, and Australia.
8. Ethicon Inc.
Ethicon Inc. was founded in 1921 and is headquartered in Somerville, New Jersey. It operates in over 90 countries and is a subsidiary of Johnson & Johnson, a multinational conglomerate. Ethicon Inc. specializes in the development and manufacturing of surgical devices, including sutures, surgical staplers, and energy devices. In February 2021, Ethicon, Inc. announced the launch of its new DERMABOND PRINEO Skin Closure System, which is a topical skin adhesive that can be used to close incisions from 1 cm to 30 cm in length.
9. Chemence Ltd
Chemence Ltd was founded in 1983 and is headquartered in Alpharetta, Georgia. It operates in over 60 countries and has manufacturing facilities in the US, UK, Germany, and China. Chemence specializes in the development and manufacturing of adhesive and sealant products, including those used in the medical industry. In March 2023 Chemence Medical, Inc. has received CE Mark Certification for their sterile topical skin adhesives under the new Medical Device Regulations (MDR).
10. Covidien Ltd
Covidien Ltd was founded in 2007 and is headquartered in Dublin, Ireland. It operates in over 150 countries and is a subsidiary of Medtronic, a multinational medical technology company. Covidien specializes in the development and manufacturing of medical devices, including surgical instruments, imaging products, and respiratory care products.
11. GluStitch Inc.
GluStitch Inc. was founded in 2015 and is headquartered in Hamilton, Ontario, Canada. It operates in multiple countries, including Canada, the US, and the UK. GluStitch specializes in the development and manufacturing of tissue adhesives for medical use.
12. Cyberbond LLC
Cyberbond LLC was founded in 1997 and is headquartered in Batavia, Illinois. It operates in multiple countries, including the US, Canada, and Mexico. Cyberbond specializes in the development and manufacturing of industrial adhesives, including those used in the medical industry.
13. Adhezion Biomedical
Adhezion Biomedical was founded in 2001 and is headquartered in Wyomissing, Pennsylvania. It operates in multiple countries, including the US, Canada, and Europe. Adhezion Biomedical specializes in the development and manufacturing of medical adhesives and sealants used in surgical procedures. In August 2021, Adhezion Biomedical announced that it had received FDA clearance for its VYPRO II mesh fixation system, which is a high-strength adhesive that can be used to attach surgical mesh during hernia repair procedures.
14. Baxter International Inc
Baxter International Inc was founded in 1931 and is headquartered in Deerfield, Illinois, United States. It operates in over 100 countries and specializes in providing healthcare products and services, including medical devices, pharmaceuticals, and renal care therapies.
15. GEM S.r.l
GEM S.r.l is an Italian company founded in 1986 and headquartered in Bologna, Italy. It operates in several countries and provides innovative solutions for the packaging and handling of medical and pharmaceutical products.
16. Meyer-Haake Gmbh
Meyer-Haake Gmbh is a German company founded in 1971 and headquartered in Stuttgart, Germany. It operates in over 50 countries and specializes in developing and manufacturing surgical instruments for various medical specialties.
17. Biocoral, Inc
Biocoral, Inc is a US-based company founded in 2006 and headquartered in Menlo Park, California. It operates in several countries and develops and manufactures bone graft materials for use in orthopedic and dental surgeries.
18. Scapa Healthcare
Scapa Healthcare is a UK-based company founded in 1936 and headquartered in Manchester, UK. It operates in several countries and specializes in developing and manufacturing medical adhesives and skin-friendly materials for use in wound care, ostomy, and other medical applications.
19. Lohmann GmbH
Lohmann GmbH is a German company founded in 1851 and headquartered in Neuwied, Germany. It operates in over 50 countries and specializes in developing and manufacturing adhesive systems for various industries, including medical applications.
*Definition- Medical adhesives and sealants are products used in medical procedures to seal, bond, or join tissues and medical devices. They are designed to be biocompatible and meet stringent regulatory requirements to ensure patient safety.
