The Middle East & Africa medical adhesive and sealants market is expected to reach US$ 807.02 million by 2027 from US$ 494.24 million in 2019. The market is expected to grow at a CAGR of 6.4% during 2020–2027.
Increasing number of medical implant/transplant procedures and rising adoption of minimal invasive procedures are driving the market in the region. Additionally, wide applications in medical devices and drug delivery systems and increasing development in medical adhesive and sealant technologies are likely to fuel the growth of the medical adhesive and sealants market during the forecast period. However, complications associated with the medical adhesive and sealants are likely to restrain the growth of the market in coming years.
Medical adhesive and sealants are manufactured as per the medical grades. They are mainly used for assembling medical devices. They also help optimize assembly speeds to enable better processing, provide greater output as well as reduce associated costs. In the recent years, along with the technological developments in medical device industry, the demand for medical adhesive and sealants has increased significantly.
Medical adhesives and sealants (MAaS) are used as an aid to prevent blood loss during surgical procedures such as cardiovascular surgeries, organ implants, and orthopedic procedures. MAaS prevent air and liquid leakages during and after surgical procedures and other applications, and facilitate natural wound healing. The adhesives and sealants are also used as alternatives to surgical sutures and staples. Medical practitioners are increasingly adopting different types of such products, which, in turn, is fueling the demand for medical adhesives and sealants. For instance, organ transplant is among the surgical producers that involve large incisions on the human body. Post-surgical wounds are sealed with the help of surgical sutures and staples. These wounds need to be healed fast to avoid post-operation complications, such as wound infection and bleeding. The adhesives and sealants help in preventing such complications. In addition, government is taking initiatives to increase the rate of organ transplantation in the emerging countries.
The number of restorative dentistry procedures, such as dental implants, is increasing, especially among geriatric population. However, increasing number of younger people are now opting for dental implantation procedures instead of bridges. Such factors are expected to boost the market growth in the coming years.
Countries in Middle East & Africa are witnessing various challenges due to the COVID-19 outbreak. Healthcare industries are adversely affected, considering the economic conditions in the current situation. The COVID-19 numbers are rising in addition with the the prevalence of disease patients, such as dental, bone wound, cardiac surgeries, cranial, pulmonary, and other factors and there is need of adhesive and sealants for the respected diseases. For instance, the medical adhesives and sealants are used in the medical devices during assembly, protecting the electronic parts such as connection joints, gaps among the components, and other applications in the medical devices. The use of adhesives and sealants depends on the use of medical devices. Restrictive measures have been taken to control the spread of novel coronavirus. Adhesives and sealants companies are facing major challenges on a number of fronts due to the COVID-19 pandemic. This pandemic is affecting the business operation of the various key players operating in this region. Moreover, the number of COVID-19 positive cases is growing due to surgeries. Thus, various surgeries (if a patient is not serious) are postponed to avoid the infection of novel coronavirus. Therefore, the pandemic is restraining the business operation of the various key players operating in this region.
The synthetic segment held a larger share of the Middle East & Africa medical adhesive and sealants market in 2019, and is anticipated to register a higher CAGR in the market during the forecast period. The market growth for the synthetic segment is attributed to versatility and high-quality performance of the synthetic adhesives over natural adhesives. Moreover, these adhesives can be modified as per the need and have better adhesion properties than the natural adhesives. These factors are projected to drive the market growth for this segment during the forecast period.
A few major secondary sources referred to while preparing the report on the Middle East & Africa medical adhesive and sealants market are World Health Organization (WHO) and World Health Federation.