Market Overview:
The global 2-octyl cyanoacrylate skin adhesive market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for 2-octyl cyanoacrylate skin adhesive in various applications such as surgery and orthopedic operations. Moreover, the increasing awareness about benefits of using 2-octyl cyanoacrylate skin adhesive is also propelling the growth of this market. However, volatility in prices of raw materials used for manufacturing 2-octyl cyanoacrylate skin adhesive may hamper the market growth to some extent during the forecast period. Based on type, human use segment is anticipated to hold a dominant position in global 2-octyl cyanocrylate skin adhesive market throughout the forecast period followed by veterinary use segment. This can be attributed to growing demand for wound closure products and rising number of surgeries across globe. By application, surgery operation segment accounted for majority share in 2017 and is projected to maintain its dominance throughout 2030 owing to increase adoption rate across developed countries such as UAS and Europe .
Product Definition:
2-Octyl Cyanoacrylate is a skin adhesive that is used to close wounds. It is important because it helps to keep the wound closed and prevents infection.
Human Use:
Human use of 2-Octyl Cyanoacrylate (2OCA) is in the growing phase and has a high usage rate. The growth factor for human use is rapid drying, which makes it suitable for skin adhesives. Rapid drying allows faster curing time, which reduces production time and costs. This also increases efficiency by reducing waste material as well as labor cost due to less requirement of waiting period post mixing process.
Veterinary Use:
2-Octyl Cyanoacrylate (OCA) is a synthetic crystalline compound, which is soluble in water and slightly soluble in alcohol. OCA has the ability to cross-link through polymerization of cyanoacrylates. It can be used as an adhesive for animal hides, furs, & wool; as a coupling agent for rubber; and as an acrylic copolymer resin additive.
Application Insights:
The surgery operation segment dominated the global 2-Octyl Cyanoacrylate Skin Adhesive market in 2017. This is attributed to increasing prevalence of chronic diseases, especially diabetes and cardiovascular diseases. According to a study published by the World Health Organization (WHO) in 2016, it was estimated that around 1.3 billion people were suffering from diabetes globally, out of which 86% were located in developing countries such as China, India and Brazil. Moreover, according to WHO¢â‚¬â„¢s 2018 Diabetes Atlas estimates that about 563 million people are living with diabetes worldwide while around 293 million have prediabetes symptoms which indicates a rise of about 230 million individuals since 2014 globally.
Regional Analysis:
North America dominated the global 2-Octyl Cyanoacrylate Skin adhesive market in 2017. The region is expected to witness a considerable growth rate of 6.8% over the forecast period, owing to increasing cases of sports injuries and rising prevalence of arthritis in U.S and Canada that are driving demand for surgeries such as joint replacement, arthroscopy, open heart surgery operation etc., thereby boosting industry growth.
Growth Factors:
- Increasing demand for 2-Octyl Cyanoacrylate Skin Adhesive in medical and surgical procedures owing to its superior adhesive properties.
- Rising awareness about the benefits of 2-Octyl Cyanoacrylate Skin Adhesive over traditional sutures and staples among surgeons, healthcare professionals, and patients.
- Technological advancements in the manufacture of 2-Octyl Cyanoacrylate Skin Adhesive that offer better performance characteristics and user experience.
- Growing popularity of minimally invasive surgeries that require use of strong adhesives like 2-Octyl Cyanoacrylate Skin Adhesive for closure of wounds/incisions post surgery.
Scope Of The Report
Report Attributes
Report Details
Report Title
2-Octyl Cyanoacrylate Skin Adhesive Market Research Report
By Type
Human Use, Veterinary Use
By Application
Surgery Operation, Orthopedic Operation
By Companies
Ethicon, Zoetis, Chemence Medical, GluStitch, Cardinal Health, 3M, B.Braun, Adhezion Biomedical, Meyer-Haake, Medline
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global 2-Octyl Cyanoacrylate Skin Adhesive Market Report Segments:
The global 2-Octyl Cyanoacrylate Skin Adhesive market is segmented on the basis of:
Types
Human Use, Veterinary Use
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Surgery Operation, Orthopedic Operation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ethicon
- Zoetis
- Chemence Medical
- GluStitch
- Cardinal Health
- 3M
- B.Braun
- Adhezion Biomedical
- Meyer-Haake
- Medline
Highlights of The 2-Octyl Cyanoacrylate Skin Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Human Use
- Veterinary Use
- By Application:
- Surgery Operation
- Orthopedic Operation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 2-Octyl Cyanoacrylate Skin Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
2-Octyl Cyanoacrylate Skin Adhesive is a skin adhesive that is used to attach skin tissue. It is a clear, colorless liquid with a strong odor.
Some of the major players in the 2-octyl cyanoacrylate skin adhesive market are Ethicon, Zoetis, Chemence Medical, GluStitch, Cardinal Health, 3M, B.Braun, Adhezion Biomedical, Meyer-Haake, Medline.
The 2-octyl cyanoacrylate skin adhesive market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-Octyl Cyanoacrylate Skin Adhesive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2-Octyl Cyanoacrylate Skin Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2-Octyl Cyanoacrylate Skin Adhesive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2-Octyl Cyanoacrylate Skin Adhesive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2-Octyl Cyanoacrylate Skin Adhesive Market Size & Forecast, 2020-2028
4.5.1 2-Octyl Cyanoacrylate Skin Adhesive Market Size and Y-o-Y Growth
4.5.2 2-Octyl Cyanoacrylate Skin Adhesive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Human Use
5.2.2 Veterinary Use
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Surgery Operation
6.2.2 Orthopedic Operation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-Octyl Cyanoacrylate Skin Adhesive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-Octyl Cyanoacrylate Skin Adhesive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Human Use
9.6.2 Veterinary Use
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Surgery Operation
9.10.2 Orthopedic Operation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Human Use
10.6.2 Veterinary Use
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Surgery Operation
10.10.2 Orthopedic Operation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Human Use
11.6.2 Veterinary Use
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Surgery Operation
11.10.2 Orthopedic Operation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Human Use
12.6.2 Veterinary Use
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Surgery Operation
12.10.2 Orthopedic Operation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Human Use
13.6.2 Veterinary Use
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Surgery Operation
13.10.2 Orthopedic Operation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-Octyl Cyanoacrylate Skin Adhesive Market: Competitive Dashboard
14.2 Global 2-Octyl Cyanoacrylate Skin Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ethicon
14.3.2 Zoetis
14.3.3 Chemence Medical
14.3.4 GluStitch
14.3.5 Cardinal Health
14.3.6 3M
14.3.7 B.Braun
14.3.8 Adhezion Biomedical
14.3.9 Meyer-Haake
14.3.10 Medline
