The Freedonia Group: US Medical & Dental Adhesives & Sealants Demand to Exceed $2 Billion

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Apr 14, 2016, 01:22 ET

CLEVELAND, April 14, 2016 /PRNewswire/ -- Demand for medical and dental adhesives and sealants in the US is forecast to rise 5.1 percent per year to $2.1 billion in 2019. Much of this growth can be attributed to the aging US population, since older individuals are more likely to require surgical and dental procedures than younger age groups. Advances will also depend on new product development and increasing acceptance of these materials in surgical and consumer settings. In surgical settings, for example, adhesives and sealants are increasingly being used in conjunction with traditional wound closure methods, such as sutures and staples. In addition, consumers are using adhesives or liquid bandages in place of adhesive bandages to close or cover minor scrapes and cuts. These and other trends are presented in Medical & Dental Adhesives & Sealants, a new study from The Freedonia Group, a Cleveland-based industry research firm.

To learn more, visit the report page:
http://www.freedoniagroup.com/DocumentDetails.aspx?ReferrerId=RF-PRNEWS&StudyID=3390

"With the exception of joint replacements and most dental applications, medical applications for adhesives and sealants are relatively new, and thus many markets are experiencing fast growth off a small base," notes analyst Anna Andrews. Opportunities are expected for cyanoacrylate, polyethylene glycol, and various plasma and protein types. Cyanoacrylate adhesives are projected to find greater use in external tissue bonding applications, particularly in medical emergency and consumer settings.

Medical applications will achieve more rapid growth than dental applications through 2019. In internal medical applications, adhesives and sealants will experience the best growth in situations where the tissue involved is affected by pressure caused by blood, air, solids or fluids. In external medical applications, adhesives and sealants will find increased opportunities in tissue bonding.

Dental applications will post annual growth of 2.0 percent through 2019. However, good opportunities still exist, especially in newer products. For example, pit and fissure sealants will register strong gains due to their use in the prevention of cavities. Products such as denture adhesives, restorative adhesives, and luting cements will see limited gains, primarily due to overall improved dental health in the US population.

About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, market share information and profiles of the leading industry players. Reports can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

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SOURCE The Freedonia Group