Market Overview:
The global medical grade light curing adhesive market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for medical grade plastic and metal products, and the rising number of surgical procedures. In addition, technological advancements in light curing adhesive are also contributing to the growth of this market. Based on type, visible light cure adhesive is expected to account for a major share of the global medical grade light curing adhesive market during the forecast period. This can be attributed to its properties such as easy handling and low toxicity which make it suitable for use in various applications such as wound closure, tissue bonding, hernia repair surgery, etc.
Product Definition:
A medical grade light curing adhesive is an adhesive that has been approved for use in the medical field. It is typically used to bond medical devices or products together. The importance of a medical grade light curing adhesive lies in its ability to be cured quickly and efficiently with the use of a specific type of light. This allows for rapid bonding and healing times, which can be critical in certain situations.
Visible Light Cure Adhesive:
VLCA is a special kind of glue that contains light-curing agents. It generates heat while curing and can be seen by the human eye. VLCA glues are used in medical devices, which include surgical instruments, X-ray films, and other products where high bond strength is required.
The visible light cure adhesive market size was valued at USD 3 million in 2015.
UV Light Cure Adhesive:
UV light cure adhesive is a new technology that uses UV light to accelerate the chemical reaction. The main driver of this technology is to reduce the curing time which in turn reduces production cost and improves efficiency. This product has been gaining significant acceptance globally due to its several advantages over traditional technologies such as heat, pressure, and solvent-based bonding solutions.
Application Insights:
Medical grade plastic held the largest market share in 2017. This is attributed to increasing use of medical-grade plastics in various end-use industries such as electronics, automotive and healthcare. Medical grade plastics are used for manufacturing surgical tools, diagnostic devices and patient monitoring equipment which contributes towards revenue generation in this segment.
The others segment includes electronic components and consumer goods where lightcuring adhesives are used to bond printed circuit boards (PCB) or other substrates that require heat resistance during assembly or fabrication process of electronic products. The growth of this application can be attributed to growing demand for PCBs from various sectors such as electrical & electronics, consumer goods etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for medical devices and rising awareness about advanced surgical procedures in North America. In addition, presence of major players such as 3M and ITW Dynatec that are involved in constant innovations are expected to drive growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast years due to factors such as growing population, high unmet medical needs coupled with rapidly improving healthcare infrastructure especially in China & India which has ledto an increasein demandfor light curing adhesives from various end-use industries including plastic surgery & dentistry among others).
Europe also accounted for a significant share followed by other regions like MEA.
Growth Factors:
- Increasing demand for medical grade light curing adhesive from the medical device and pharmaceutical industries due to its superior properties such as high bond strength, chemical resistance, and low toxicity.
- Rising demand for minimally invasive surgeries that require use of medical grade light curing adhesive for bonding surgical instruments and implants to tissues.
- Growing popularity of dental restoration procedures that use medical grade light curing adhesive to bond dental prostheses to teeth surfaces.
- Technological advancements in light cured adhesives that are resulting in development of new products with better performance characteristics such as faster cure time and higher bond strength values.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Light Curing Adhesive Market Research Report
By Type
Visible Light Cure Adhesive, UV Light Cure Adhesive
By Application
Medical Grade Plastic, Medical Grade Metal, Others
By Companies
Henkel, Dr. Hönle(Panacol), Master Bond Inc., Dymax, Eurobond Adhesives Limited, Sartomer USA LLC, 3M, Beacon Adhesives Inc, ITW Devcon, MasterBond, Henkel, Denka Company Limited
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Light Curing Adhesive Market Report Segments:
The global Medical Grade Light Curing Adhesive market is segmented on the basis of:
Types
Visible Light Cure Adhesive, UV Light Cure Adhesive
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
Medical Grade Plastic, Medical Grade Metal, Others
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:
- Henkel
- Dr. Hönle(Panacol)
- Master Bond Inc.
- Dymax
- Eurobond Adhesives Limited
- Sartomer USA LLC
- 3M
- Beacon Adhesives Inc
- ITW Devcon
- MasterBond
- Henkel
- Denka Company Limited
Highlights of The Medical Grade Light Curing 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:
- Visible Light Cure Adhesive
- UV Light Cure Adhesive
- By Application:
- Medical Grade Plastic
- Medical Grade Metal
- Others
- 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 Medical Grade Light Curing 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
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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?
Medical grade light curing adhesive is a type of adhesive that uses ultraviolet (UV) light to cure the adhesive. This type of adhesive is used in medical applications, such as attaching medical devices to skin.
Some of the key players operating in the medical grade light curing adhesive market are Henkel, Dr. H¶nle(Panacol), Master Bond Inc., Dymax, Eurobond Adhesives Limited, Sartomer USA LLC, 3M, Beacon Adhesives Inc, ITW Devcon, MasterBond, Henkel, Denka Company Limited.
The medical grade light curing adhesive market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Grade Light Curing 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 Medical Grade Light Curing Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Grade Light Curing 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 Medical Grade Light Curing 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 Medical Grade Light Curing Adhesive Market Size & Forecast, 2018-2028
4.5.1 Medical Grade Light Curing Adhesive Market Size and Y-o-Y Growth
4.5.2 Medical Grade Light Curing Adhesive Market Absolute $ Opportunity
Chapter 5 Global Medical Grade Light Curing Adhesive 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 Medical Grade Light Curing Adhesive Market Size Forecast by Type
5.2.1 Visible Light Cure Adhesive
5.2.2 UV Light Cure Adhesive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Grade Light Curing Adhesive 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 Medical Grade Light Curing Adhesive Market Size Forecast by Applications
6.2.1 Medical Grade Plastic
6.2.2 Medical Grade Metal
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Grade Light Curing 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 Medical Grade Light Curing 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 Medical Grade Light Curing Adhesive Analysis and Forecast
9.1 Introduction
9.2 North America Medical Grade Light Curing Adhesive 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 Medical Grade Light Curing Adhesive Market Size Forecast by Type
9.6.1 Visible Light Cure Adhesive
9.6.2 UV Light Cure Adhesive
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 Medical Grade Light Curing Adhesive Market Size Forecast by Applications
9.10.1 Medical Grade Plastic
9.10.2 Medical Grade Metal
9.10.3 Others
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 Medical Grade Light Curing Adhesive Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Grade Light Curing Adhesive 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 Medical Grade Light Curing Adhesive Market Size Forecast by Type
10.6.1 Visible Light Cure Adhesive
10.6.2 UV Light Cure Adhesive
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 Medical Grade Light Curing Adhesive Market Size Forecast by Applications
10.10.1 Medical Grade Plastic
10.10.2 Medical Grade Metal
10.10.3 Others
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 Medical Grade Light Curing Adhesive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Grade Light Curing Adhesive 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 Medical Grade Light Curing Adhesive Market Size Forecast by Type
11.6.1 Visible Light Cure Adhesive
11.6.2 UV Light Cure Adhesive
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 Medical Grade Light Curing Adhesive Market Size Forecast by Applications
11.10.1 Medical Grade Plastic
11.10.2 Medical Grade Metal
11.10.3 Others
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 Medical Grade Light Curing Adhesive Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Grade Light Curing Adhesive 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 Medical Grade Light Curing Adhesive Market Size Forecast by Type
12.6.1 Visible Light Cure Adhesive
12.6.2 UV Light Cure Adhesive
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 Medical Grade Light Curing Adhesive Market Size Forecast by Applications
12.10.1 Medical Grade Plastic
12.10.2 Medical Grade Metal
12.10.3 Others
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) Medical Grade Light Curing Adhesive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Grade Light Curing Adhesive 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) Medical Grade Light Curing Adhesive Market Size Forecast by Type
13.6.1 Visible Light Cure Adhesive
13.6.2 UV Light Cure Adhesive
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) Medical Grade Light Curing Adhesive Market Size Forecast by Applications
13.10.1 Medical Grade Plastic
13.10.2 Medical Grade Metal
13.10.3 Others
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 Medical Grade Light Curing Adhesive Market: Competitive Dashboard
14.2 Global Medical Grade Light Curing Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 Dr. Hönle(Panacol)
14.3.3 Master Bond Inc.
14.3.4 Dymax
14.3.5 Eurobond Adhesives Limited
14.3.6 Sartomer USA LLC
14.3.7 3M
14.3.8 Beacon Adhesives Inc
14.3.9 ITW Devcon
14.3.10 MasterBond
14.3.11 Henkel
14.3.12 Denka Company Limited
