Topical Bioadhesive Market Report: Trends, Forecast and Competitive Analysis to 2030

Topical Bioadhesive Trends and Forecast

The future of the global topical bioadhesive market looks promising with opportunities in the hospital pharmacy, retail pharmacy, online pharmacy, and drug store markets. The global topical bioadhesive market is expected to reach an estimated $787.3 million by 2030 with a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are growing prevalence of chronic diseases, increasing demand for non-invasive and minimally invasive treatments, and rising demand for wound care products.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Topical Bioadhesive by Segment

The study includes a forecast for the global topical bioadhesive by material, application, distribution channel, and region.

Topical Bioadhesive Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Synthetic
• Natural

Topical Bioadhesive Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Short Term
• Long Term

Topical Bioadhesive Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Drug Stores
• Others

Topical Bioadhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Topical Bioadhesive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies topical bioadhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the topical bioadhesive companies profiled in this report include-

• Ellsworth Adhesives
• Henkel Adhesives
• Arkema
• Ashland
• The Lubrizol Corporation
• Camurus
• Medtronic
• B Braun Melsungen
• Advanced Medical Solutions
• Baxter

Topical Bioadhesive Market Insights

Lucintel forecasts that synthetic is expected to witness higher growth over the forecast period due to their capability of providing greater and more durable adhesion to biological tissues.

Within this market, hospital pharmacy will remain the largest segment due to easy availability and ease of access of bioadhesive products.

North America is expected to witness highest growth over the forecast period due to rapid investment in research & development in the healthcare sector of the region.

Features of the Global Topical Bioadhesive Market

Market Size Estimates: Topical bioadhesive market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Topical bioadhesive market size by material, application, distribution channel, and region in terms of value ($M).

Regional Analysis: Topical bioadhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different materials, applications, distribution channels, and regions for the topical bioadhesive market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the topical bioadhesive market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the topical bioadhesive market size?

Answer: The global topical bioadhesive market is expected to reach an estimated $787.3 million by 2030.

Q2. What is the growth forecast for topical bioadhesive market?

Answer: The global topical bioadhesive market is expected to grow with a CAGR of 10.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the topical bioadhesive market?

Answer: The major drivers for this market are growing prevalence of chronic diseases, increasing demand for non-invasive and minimally invasive treatments, and rising demand for wound care products.

Q4. What are the major segments for topical bioadhesive market?

Answer: The future of the topical bioadhesive market looks promising with opportunities in the hospital pharmacy, retail pharmacy, online pharmacy, and drug store markets.

Q5. Who are the key topical bioadhesive market companies?

Answer: Some of the key topical bioadhesive companies are as follows:

• Ellsworth Adhesives
• Henkel Adhesives
• Arkema
• Ashland
• The Lubrizol Corporation
• Camurus
• Medtronic
• B Braun Melsungen
• Advanced Medical Solutions
• Baxter

Q6. Which topical bioadhesive market segment will be the largest in future?

Answer: Lucintel forecasts that synthetic is expected to witness higher growth over the forecast period due to their capability of providing greater and more durable adhesion to biological tissues.

Q7. In topical bioadhesive market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to rapid investment in research & development in the healthcare sector of the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the topical bioadhesive market by material (synthetic and natural), application (short term and long term), distribution channel (hospital pharmacies, retail pharmacies, online pharmacies, drug stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?