Global Topical Skin Adhesive Market Set to Grow with CAGR of 8.1% By 2026 With Leading Players trends and analysis

Businesses can achieve practical and enduring results which are driven by accurate and timely research. Topical Skin Adhesive Market report evaluates the growth rate and the market value based on market dynamics and growth inducing factors. It also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the Healthcare industry. Global Topical Skin Adhesive Market report provides in-depth market data and forecast by analyzing key business trends and identifying potential growth avenues across the entire value chain. This Topical Skin Adhesive Market report has been formed with the vigilant efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters.

Global Topical Skin Adhesive Market is expected to reach USD 1,047.60 million by 2025 from USD 607.35 million in 2018, at a CAGR of 8.1 % in the forecast period 2018 to 2025.

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Market Segmentation: Global Topical Skin Adhesive Market

  • The global topical skin adhesive market is segmented on the basis of the basis of product type, application, end-users and distribution channel. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
  • The global topical skin adhesive market is segmented on product type into 2-octyl cyanoacrylate adhesive, n-butyl cyanoacrylate adhesive, 2-ethyl cyanoacrylate adhesive, and methyl cyanoacrylate adhesive. In 2018, 2-octyl cyanoacrylate adhesive is expected to dominate the topical skin adhesive market with 42.9% market share and is expected to reach USD 464.95 million by 2025, growing at the highest CAGR of 8.6% in the forecast period 2018 to 2025.
  • The global topical skin adhesive market is segmented on the basis of application into surgical incisions, trauma-induced lacerations, burn and skin grafting, wound closure, chronic wounds, and others. In 2018, surgical incisions segment is expected to dominate the topical skin adhesive market with 30.3% market share and is expected to reach USD 331.33 million by 2025, growing at the highest CAGR of 8.8% in the forecast period 2018 to 2025.
  • The global topical skin adhesive market is segmented on the basis of end-users into hospitals, clinics, trauma centers, ambulatory surgical centers, and others. In 2018, hospitals is expected to dominate the topical skin adhesive market with 49.4% market share and is expected to reach USD 529.04 million by 2025, growing at the highest CAGR of 8.4% in the forecast period 2018 to 2025.
  • The global topical skin adhesive market is segmented on the basis of basis of distribution channel into direct sales and retail. In 2018, direct sales is expected to dominate the topical skin adhesive market with 76.0% market share and is expected to reach USD 800.71 million by 2025, growing at the highest CAGR of 8.2% in the forecast period 2018 to 2025.

Drivers: Global Topical Skin Adhesive Market

The major factors driving the growth of this market are technological advancements in topical skin adhesive, growing number of trauma cases and road accidents, growing number of surgical procedure, technological innovation in skin adhesive products are boosting the growth of the global topical skin adhesive market are boosting the growth of the global topical skin adhesive market.

Ethicon U.S. LLC (Johnson & Johnson Services, Inc.):

Founded in 1886 and headquartered at New Brunswick, New Jersey, U.S., The company operates through three business segments, namely, Consumer, Pharmaceutical, and Medical Devices. The pharmaceutical segment offers a wide range of products for five major therapeutic applications—immunology, infectious diseases, neuroscience, oncology, and cardiovascular & metabolic diseases. The consumer segment of the company offers various products pertaining to baby care, oral care, skin care, women’s health, and wound care. The medical devices segment of the company offers various devices to be used in therapeutic areas such as orthopedic, surgical care, specialty surgery, cardiovascular care, diagnostics, diabetes care, and vision care.

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Key Drivers: Global Topical Skin Adhesive Market

The major factors driving the market are growing number of trauma cases and road accidents, growing number of surgical procedure, technological innovation in skin adhesive products.

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About Data Bridge Market Research 14352 Articles
Hi, I am Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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