Topical Skin Adhesives Market
Topical Skin Adhesives Market Overview
An overview of conceptual frameworks, analytical approaches of the topical skin adhesives market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Topical skin adhesives market is expected to grow at a significant rate in the near future.
The global topical skin adhesives market in 2020 is estimated for more than US$ 610.8 Mn and expected to reach a value of US$ 1,174.7 Mn by 2028 with a significant CAGR of 8.5%.
Topical Skin Adhesives Market Definition
Topical skin adhesives are skin closure devices for use throughout the hospital including surgical incisions in the operating rooms and trauma-induced lacerations in the emergency rooms. Topical skin adhesives are used as an alternative to surgical sutures, staples, or clips.
Compared to conventional wound closure devices topical skin adhesive produces less scarring and is less prone to infection than sutured or stapled closure. Efforts to reduce the hospital expenditure on surgical procedures led a demand for products that reducing hospital stay and topical adhesives thus become a choice of wound closure devices.
The use of combination dressings is one of the prominent trends in the global wound closure devices market and topical adhesives in combination with surgical staples would create good demand over the forecast period.
Topical Skin Adhesives Market Dynamics
The growing number of surgical procedures across the globe is expected to drive the market for topical adhesives over the forecast period. Moreover, the preference for minimally invasive surgeries and out-patient based surgical options in ambulatory surgical centers is growing. Topical skin adhesives best suit for small surgical incisions and thus are preferred in minimally invasive surgical procedures. Some of the examples of popular brands in topical skin adhesives include SwiftSet, DERMABOND ADVANCED, LiquiBand, etc.
Topical Skin Adhesives Market Key Players
The market for topical skin adhesives is consolidated with few global players operating in it. Some of the major players identified in the global topical skin adhesives market include Medtronic Inc., Ethicon Inc. (Johnson & Johnson), Cardinal Health Inc., Medline Industries Inc., B. Braun (Aesculap) etc. among others.
Topical Skin Adhesives Market Segmentation
The global topical skin adhesives market is segmented on the basis of product type, end-user, and region. On the basis of product type, the global topical skin adhesives market is segmented into 2-Octyl Cyanoacrylate Adhesive, N-2-Butyl-Cyanoacrylate Adhesive, 2-Ethyl-Cyanoacrylate Adhesive. On the basis of end user, the global topical skin adhesives market can be segmented into hospitals, ambulatory surgical centers, trauma centers other healthcare facilities.
The global Topical skin adhesives market is expected to increase at a steady CAGR over the forecast period owing to availability of alternative wound closure devices.
Topical Skin Adhesives Market Regional Segmentation
On the basis of region, the global topical skin adhesives market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America topical skin adhesives market is expected to remain dominating throughout the forecast period due to the growing number of surgical procedures and availability of reimbursement for topical skin adhesives.
MMC Overview on Topical Skin Adhesives Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Topical Skin Adhesives market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled as ‘Topical Skin Adhesives Market: Opportunity Analysis and Future Assessment 2020-2028’.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Topical Skin Adhesives
• Advantage of Topical Skin Adhesives
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make an informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.
1. Global Topical Skin Adhesive Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Topical Skin Adhesive Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Topical Skin Adhesive Market Snapshot
2.4. Global Topical Skin Adhesive Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Topical Skin Adhesive Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Topical Skin Adhesive Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) Forecast, By Product Type
3.2.1. 2-Octyl Cyanoacrylate Adhesive
3.2.2. N-2-Butyl-Cyanoacrylate Adhesive
3.2.3. 2-Ethyl-Cyanoacrylate Adhesive
3.3. Global Topical Skin Adhesive Market Attractiveness Index, By Product Type
4. Global Topical Skin Adhesive Market, By End User
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By End User
4.1.2. BPS Analysis, By End User
4.2. Market Revenue (US$Mn) Forecast, By End User
4.2.1. Hospitals
4.2.2. Ambulatory Surgical Centers
4.2.3. Trauma Centers
4.2.4. Other Healthcare Facilities
4.3. Global Topical Skin Adhesive Market Attractiveness Index, By End User
5. Global Topical Skin Adhesive Market, By Region
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Region
5.1.2. BPS Analysis, By Region
5.2. Market Revenue (US$Mn) Forecast, By Region
5.2.1. North America
5.2.2. Latin America
5.2.3. Europe
5.2.4. Asia Pacific
5.2.5. Middle East and Africa
5.3. Global Topical Skin Adhesive Market Attractiveness Index, By Region
6. North America Topical Skin Adhesive Market Analysis and Forecast, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) Forecast, By Country
6.2.1. U.S. Topical Skin Adhesive Market
6.2.2. Canada Topical Skin Adhesive Market
6.3. North America Topical Skin Adhesive Market, By Product Type
6.3.1. 2-Octyl Cyanoacrylate Adhesive
6.3.2. N-2-Butyl-Cyanoacrylate Adhesive
6.3.3. 2-Ethyl-Cyanoacrylate Adhesive
6.4. North America Topical Skin Adhesive Market, By End User
6.4.1. Hospitals
6.4.2. Ambulatory Surgical Centers
6.4.3. Trauma Centers
6.4.4. Other Healthcare Facilities
6.5. North America Topical Skin Adhesive Market Attractiveness Index
6.5.1. By Country
6.5.2. By Product Type
6.5.3. By End User
7. Latin America Topical Skin Adhesive Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market (US$Mn) Forecast, By Country
7.2.1. Brazil Topical Skin Adhesive Market
7.2.2. Mexico Topical Skin Adhesive Market
7.2.3. Argentina Topical Skin Adhesive Market
7.2.4. Rest of Latin America Topical Skin Adhesive Market
7.3. Latin America Topical Skin Adhesive Market, By Product Type
7.3.1. 2-Octyl Cyanoacrylate Adhesive
7.3.2. N-2-Butyl-Cyanoacrylate Adhesive
7.3.3. 2-Ethyl-Cyanoacrylate Adhesive
7.4. Latin America Topical Skin Adhesive Market, By End User
7.4.1. Hospitals
7.4.2. Ambulatory Surgical Centers
7.4.3. Trauma Centers
7.4.4. Other Healthcare Facilities
7.5. Latin America Topical Skin Adhesive Market Attractiveness Index
7.5.1. By Country
7.5.2. By Product Type
7.5.3. By End User
8. Europe Topical Skin Adhesive Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. U.K. Topical Skin Adhesive Market
8.2.2. Germany Topical Skin Adhesive Market
8.2.3. Italy Topical Skin Adhesive Market
8.2.4. France Topical Skin Adhesive Market
8.2.5. Spain Topical Skin Adhesive Market
8.2.6. Russia Topical Skin Adhesive Market
8.2.7. Poland Topical Skin Adhesive Market
8.2.8. BENELUX Topical Skin Adhesive Market
8.2.9. NORDIC Topical Skin Adhesive Market
8.2.10. Rest of Europe Topical Skin Adhesive Market
8.3. Europe Topical Skin Adhesive Market, By Product Type
8.3.1. 2-Octyl Cyanoacrylate Adhesive
8.3.2. N-2-Butyl-Cyanoacrylate Adhesive
8.3.3. 2-Ethyl-Cyanoacrylate Adhesive
8.4. Europe Topical Skin Adhesive Market, By End User
8.4.1. Hospitals
8.4.2. Ambulatory Surgical Centers
8.4.3. Trauma Centers
8.4.4. Other Healthcare Facilities
8.5. Europe Topical Skin Adhesive Market Attractiveness Index
8.5.1. By Country
8.5.2. By Product Type
8.5.3. By End User
9. Asia Pacific Topical Skin Adhesive Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. China Topical Skin Adhesive Market
9.2.2. India Topical Skin Adhesive Market
9.2.3. Japan Topical Skin Adhesive Market
9.2.4. Australia and New Zealand Topical Skin Adhesive Market
9.2.5. South Korea Topical Skin Adhesive Market
9.2.6. ASEAN Topical Skin Adhesive Market
9.2.7. Rest of Asia Pacific Topical Skin Adhesive Market
9.3. Asia Pacific Topical Skin Adhesive Market, By Product Type
9.3.1. 2-Octyl Cyanoacrylate Adhesive
9.3.2. N-2-Butyl-Cyanoacrylate Adhesive
9.3.3. 2-Ethyl-Cyanoacrylate Adhesive
9.4. Asia Pacific Topical Skin Adhesive Market, By End User
9.4.1. Hospitals
9.4.2. Ambulatory Surgical Centers
9.4.3. Trauma Centers
9.4.4. Other Healthcare Facilities
9.5. Asia Pacific Topical Skin Adhesive Market Attractiveness Index
9.5.1. By Country
9.5.2. By Product Type
9.5.3. By End User
10. Middle East Topical Skin Adhesive Market, By Region
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. GCC Countries Topical Skin Adhesive Market
10.2.2. Israel Topical Skin Adhesive Market
10.2.3. Oman Topical Skin Adhesive Market
10.2.4. Rest of Middle East Topical Skin Adhesive Market
10.3. Middle East Topical Skin Adhesive Market, By Product Type
10.3.1. 2-Octyl Cyanoacrylate Adhesive
10.3.2. N-2-Butyl-Cyanoacrylate Adhesive
10.3.3. 2-Ethyl-Cyanoacrylate Adhesive
10.4. Middle East Topical Skin Adhesive Market, By End User
10.4.1. Hospitals
10.4.2. Ambulatory Surgical Centers
10.4.3. Trauma Centers
10.4.4. Other Healthcare Facilities
10.5. Middle East Topical Skin Adhesive Market Attractiveness Index
10.5.1. By Country
10.5.2. By Product Type
10.5.3. By End User
11. Africa Topical Skin Adhesive Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. South Africa Topical Skin Adhesive Market
11.2.2. Egypt Topical Skin Adhesive Market
11.2.3. North Africa Topical Skin Adhesive Market
11.2.4. Rest of Africa Topical Skin Adhesive Market
11.3. Africa Topical Skin Adhesive Market, By Product Type
11.3.1. 2-Octyl Cyanoacrylate Adhesive
11.3.2. N-2-Butyl-Cyanoacrylate Adhesive
11.3.3. 2-Ethyl-Cyanoacrylate Adhesive
11.4. Africa Topical Skin Adhesive Market, By End User
11.4.1. Hospitals
11.4.2. Ambulatory Surgical Centers
11.4.3. Trauma Centers
11.4.4. Other Healthcare Facilities
11.5. Africa Topical Skin Adhesive Market Attractiveness Index
11.5.1. By Country
11.5.2. By Product Type
11.5.3. By End User
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. Medtronic Inc.
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. Ethicon Inc. (Johnson & Johnson)
13.3.3. Cardinal Health Inc.
13.3.4. Medline Industries Inc.
13.3.5. B. Braun (Aesculap)
13.3.6. Advanced Medical Solutions
13.3.7. Chemence Medical
13.3.8. Adhezion Biomedical
13.3.9. Compont Medical Devices
13.3.10. GluStitch Inc
13.3.11. Meyer-Haake
13.3.12. Cartell Chemical
14. Acronyms