Clean wounds: The industry will continue its robust growth as innovative products are introduced

Technological advancements in the Medical Adhesives and Sealants Manufacturing industry have manifested in many new products that provide alternatives to traditional methods of hemostasis and sealing wounds via sutures. These products have significant therapeutic value and aesthetic appeal, which has led to widespread use by physicians over the past five years. This industry is expected to maintain its growth pattern over the next five years, as further technological advancements in the medical adhesives segment continue to increase their applicability to new surgical procedures and give them greater market penetration in the medical equipment sphere...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
17.2%
Forecast Growth 16-21
Profit
Employment
4,108
Businesses
103

Industry Threats & Opportunities

  • A period of accelerating revenue growth has coincided with increasing competition and intense M&A activity
  • Many companies are restricted from selling products in the United States due to regulatory approval
  • There is significant potential for increased usage of medical adhesives in surgical procedures
  • Industry Report - Industry Analysis Chapter

    The Medical Adhesives and Sealants Manufacturing industry has experienced widespread market penetration, technological innovation and investment over the past five years. Increased expenditure by industry operators in research and development has manifested in many new organic and synthetic products, with widespread uses in hemostasis, surgical-wound sealing and equipment bonding. The success of these products, the versatility of procedures in which they are being increasingly used and the therapeutic benefits they provide as compared with traditional sutures and staples have manifested in increasing demand for medical adhesives. Consequently, industry revenue is expected to grow at an annualized rate of 17.2% to $2.6 billion over the five years to 2016, including an increase of 17.0% i...purchase to read more.

    Additional Insights for the Medical Adhesives & Sealants Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Medical Adhesives & Sealants Manufacturing Industry are

  • Having contacts within key markets
  • Economies of scale
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as Demand from hospitals and Number of physician visits in the Medical Adhesives & Sealants Manufacturing industry impact industry performance..

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    What's in this report

    What is the Medical Adhesives & Sealants Manufacturing Industry?

    Operators in this industry manufacture adhesives and sealants used for sealing surgical wounds and blood vessels. Industry products also have applications in dental reconstruction and surgery, ligament fixation and joint reconstruction. Industry operators also produce adhesives and sealants used in bonding medical equipment. However, industrial adhesives used in construction and other related activities are not included in this industry (see IBISWorld report 32552).

    Industry Products
  • Dental adhesives and sealants
  • Internal medical adhesives and sealants
  • External medical adhesives and sealants
  • Industry Activities
  • Producing adhesives for medical and surgical equipment
  • Producing high-strength adhesives for therapeutic use to seal wounds and blood vessels
  • Producing adhesives for orthopedic use in bonding bones and joint reconstruction
  • Producing adhesives for use in orthodontics, dental reconstruction and surgery
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from hospitals
  • Number of physician visits
  • Price of plastic materials and resin
  • Trade-weighted index
  • Number of people with private health insurance

  • Current Performance
  • High-strength growth
  • International trade
  • Competitive outlook
  • Chart: Revenue Growth

  • Industry Outlook
  • International trade
  • Profit and participation
  • Table: Medical Adhesives & Sealants Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Medical Adhesives & Sealants Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Medical Supplies Wholesaling
  • Primary Care Doctors
  • Specialist Doctors
  • Dentists
  • Hospitals

  • Key Selling Industries
  • Blood & Organ Banks
  • Chemical Product Manufacturing
  • Cotton Farming
  • Nonferrous Metal Rolling & Alloying

  • Products & Services
  • Internal medical adhesives and sealants
  • Dental adhesives and sealants
  • External medical adhesives and sealants
  • Chart: Medical Adhesives & Sealants Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Surgical care
  • Dental care
  • Chart: Major Market Segmentation for the Medical Adhesives & Sealants Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Medical Adhesives & Sealants Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Medical Adhesives & Sealants Manufacturing Industry

  • Industry Globalization
    3M Company, Henkel AG & Co. KGaA, Baxter International Inc., Johnson & Johnson,
  • Table: 3M Company - financial performance
  • Table: Henkel AG & Co. KGaA - financial performance
  • Table: Baxter International Inc. - financial performance
  • Table: Johnson & Johnson - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Medical Adhesives & Sealants Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Medical Adhesives & Sealants Manufacturing Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Price of plastic materials and resin (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Adhesions
  • Bands of scar-like tissue resulting from irritation to internal organs during surgical procedures.
  • Adhesives And Sealants
  • Materials used to bind together edges of a wound or pieces of medical equipment.
  • Cyanoacrylates
  • Polymers used to make fast-setting adhesives.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Medical Adhesives & Sealants Manufacturing provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Medical Adhesives & Sealants Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Medical Adhesives & Sealants Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Medical Adhesives & Sealants Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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