Bioadhesives are polymers that have an ability to adhere to a biological tissue for an extended period of time. The factors that affect the mucin layer of a mucosal tissue are molecular weight, the flexibility of polymer chain, swelling, applied strength, disease state, etc. They are either natural or synthetic polymer. Natural bioadhesive involves the use of microorganisms such as bacteria, fungi, algae, and others. Synthetic polymers are made from biological monomers like sugars. Shellac is an example of bioadhesive put into practice. The demand for bioadhesives is increasing owing to increasing its application in drug delivery and tissue repair.
Over the last decade, bioadhesives have been considered a potential drug delivery system for oral administration that includes nasal spray, ear drops, eye drops, and ointment hydrogel. Increasing prevalence of patient with eyes disease plays an important role in fueling the growth of the global bioadhesives market. According to the report published by World Health Organization (WHO), in October 2017, around 253 million people were living with vision impairment problem and 36 million people were blind. The report further adds that around 217 million had moderate to severe vision impairment. Thus, the bioadhesives market growth is majorly attributed to increasing patient population and application of bioadhesives in various drugs delivery systems.
According to the report published by the WHO, in 2017, people with over 50 years age are more prone to chronic eye diseases. The report suggests that 81% of all people who are blind or have moderate to severe vision impairment are aged 50 years and above. Thus, growing aging population also considered as one of the major drivers of the global bioadhesives market.
Moreover, government support and research and development are adding the fuel to the growth of the market. Furthermore, increasing rate of oral administration also boost the market during forecast period.
The global bioadhesives market is expected to grow at a CAGR of 6.9% during the forecast period 2017-2023.
Segmentations
The global bioadhesive market is segmented on the basis of material, application, types, and end user.
On the basis of the material, it is segmented into the natural polymer and synthetic polymers.
On the basis of the application, it is segmented into drug delivery, tissue repair, tissue substitute, packaging, personal care, and others.
On the basis of the types, it is segmented into plant based and animal based.
On the basis of the end user, it is segmented into hospitals, dental clinics, and others.
Key Players
Some of key the players in the market are Bioadhesive Alliance Inc.(U.S), Camurus (Sweden), Henkel Corporation (U.S), Ashland Inc. (U.S.), 3M Company (U.S.), Adhesives Research (U.S.), Yparex B.V. (the Netherlands), EcoSynthetix Inc. (Canada), Adhbio (Spain)
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