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Medical Adhesives and Sealants Market 2021 Predicted To Reach US$ 19,232.3 Mn By Industry Size Till 2027 | At A CAGR of 7.3% | By Type, Diagnosis, Drug Treatment and End user

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Medical Adhesives and Sealants Market Report 2021-2027 includes a comprehensive analysis of the present Market. The report starts with the basic Medical Adhesives and Sealants industry overview and then goes into each and every detail.

Medical Adhesives and Sealants Market Report contains in depth information major manufacturers, opportunities, challenges, and industry trends and their impact on the market forecast. Medical Adhesives and Sealants also provides data about the company and its operations. This report also provides information on the Pricing Strategy, Brand Strategy, Target Client, Distributors/Traders List offered by the company.

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A growing number of surgeries is augmenting the growth of the global medical adhesives and sealants market. For instance, according to the Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia. Additionally, the rising aging population is another key factor accelerating the growth of the market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034. Moreover, increasing healthcare spending by key players is another key factor fueling growth of the medical adhesives and sealants market in the near future.

North America is expected to hold a dominant position in the global medical adhesives and sealants market in the near future owing to the growing number of partnerships among key players in the market. For instance, in December 2019, CryoLife, Inc. partnered with Misonix for the commercialization of CryoLife’s NeoPatch product for the treatment of various indications outside of cardiac and vascular surgery.

  1. In January 2019, Advanced Medical Solutions Group plc acquired Sealantis, an Israel-based medical device company with a patent-protected internal sealant technology platform.

  2. In June 2020, researchers from the Federal University of Rio Grande do Sul, Brazil, reported the formulation of dental adhesives with different concentrations of lithium niobate and evaluate their physicochemical and antibacterial properties

  3. In April 2021, 3M announced its latest addition to a new class of silicone adhesives that balances strength, flexibility, and comfort – the 2484 3M™ Single Coated Medical Film Tape with Hi-Tack Silicone Adhesive on Liner

  4. In April 2021, US-based 3M has expanded its Hi-Tack silicone adhesive portfolio with the introduction of new 2484 3M single coated medical film tape with Hi-Tack silicone adhesive on the liner

  5. In May 2019, DowDuPont Specialty Products Division has introduced its new DOW CORNING MG 7-1020 Soft Skin Adhesive, the latest addition to a growing portfolio of solutions for skin-adhered medical devices

Medical adhesives and sealants are used for a wide variety of purposes such as sealing skin edges for scar removal, repairing tissue damage, filling in gas bubbles, filling wounds, and for a host of other uses. Medical adhesives and sealants have a variety of features that make them different from one another such as their adhesion properties, permeability, ease of use, chemical resistance, cost-effectiveness, and more.

Top Key Players Include In Medical Adhesives and Sealants Market: Johnson and Johnson, B. Braun Melsungen AG, 3M Company, CryoLife, Inc., Cyberbond LLC, Ethicon Inc., Baxter International Inc., Bostik Ltd., Henkel AG & Company and Medtronic.

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The post Medical Adhesives and Sealants Market 2021 Predicted To Reach US$ 19,232.3 Mn By Industry Size Till 2027 | At A CAGR of 7.3% | By Type, Diagnosis, Drug Treatment and End user appeared first on Gatorledger.

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