The US Medical Adhesives and Sealants Market to Reach US$1.84 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive report on the US Medical Adhesives and Sealants market. The US market for Medical Adhesives and Sealants is forecast to reach US$1.84 billion by the year 2015. Key factors driving market growth include consumer shift from conventional use of biological dressings such as sutures and staples as wound closure products to novel glues, adhesives, and sealants. In addition, increased acceptance of medical adhesive and sealant products in a broad range of surgical and dental procedures is likely to fuel market growth.

Medical Adhesives and Sealants: A US Market Report

The economic recession adversely affected and derailed the momentum of the US medical adhesives and sealants market during 2008 and 2009. The market witnessed a drop in demand for almost all types of products including under dental adhesives & sealants as well as medical adhesives & sealants. Decline in demand was noticeably higher for medical adhesives & sealants that demonstrated very high growth prior to the onset of economic recession in 2008. However, the market is likely to recover by 2011 and demonstrate moderate growth in the ensuing years driven by increased acceptance of medical adhesive and sealant products in a broad range of surgical and dental procedures.

Development of a host of attractive product segments such as cyanoacrylate, polyethylene glycol, plasma and protein based adhesives, and sealants is poised to propel the Medical Adhesives and Sealants market. The market is posed to witness successful commercialization of product segments such as absorbable and non-absorbable cyanoacrylate based adhesives and sealants for internal medical applications. Polyethylene glycol based sealants, and plasma/protein sealants including albumin, collagen, and fibrin-based sealants are expected to register high growth patterns in the upcoming years. Of late, synthetic adhesives and sealants are garnering market interest because of their proven abilities to seal and enhanced ease to peel. Amongst chemical types, anaerobics, epoxies, polyvinyl acetals, polyethylene, radiation-cured products, and silicones are slated to propel the market’s growth in the next few years. Radiation-curing adhesive sales are notching up positive growth trends in the US market.

Medical-grade adhesives are making giant strides banking upon their proven abilities to withstand sterilization that is inevitable in most medical processes. As such, improvements in bonding abilities, resistance and longevity is facilitating stupendous growth of medical-grade adhesives in myriad applications, especially in the disposable medical device manufacturing market. Surgical/Internal applications category constitutes the largest segment in the market. Dental Surgical Tissue Bonding Agents segment is poised to demonstrate fastest growth. Market for dental surgical tissue bonding agents is projected to grow at a compounded annual rate of more than 5.0% over the analysis period.

Major players profiled in the report include 3M Company, Adhesives Research Inc., Aveva Drug Delivery Systems, Baxter International Inc., Berry Plastics Group Inc., CLOSURE Medical Corporation, Confluent Surgical Inc., CryoLife Inc., Den-Mat Holdings LLC, DENTSPLY International Inc., Ethicon Inc., HARTMANN USA Inc., HemCon Medical Technologies Inc., Johnson & Johnson, Johnson & Johnson Consumer Companies Inc., Kerr Corporation, Procter & Gamble Company, Protein Polymer Technologies Inc., and Sybron Dental Specialties Inc.

The research report titled “Medical Adhesives and Sealants: A US Market Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the medical adhesives and sealants markets, impact of recession on the markets, current market trends, key growth drivers, product overview, recent product introductions, recent industry activity, and profiles of major/niche market participants. The report provides annual sales estimates and projections for the US Medical Adhesives and Sealants market for the product segments - Dental Adhesives & Sealants (Denture & Orthodontic Bonding Agents, Pit & Fissure Sealants and Luting Cements, Restorative Adhesives, Tray Adhesives, and Dental surgical Tissue Bonding Agents); and Medical Adhesives & Sealants (Surgical/Internal, and External). Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Medical_Adhesives_And_Sealants_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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