Product Code: ETC8845176 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The medical adhesive market in the Philippines is expanding due to its widespread applications in wound care, surgical procedures, and medical device manufacturing. Medical adhesives are used for bonding tissues, securing dressings, and assembling medical equipment. The growing number of surgical procedures, coupled with the increasing preference for minimally invasive treatments, is driving demand for high-quality adhesives. Technological advancements in bio-compatible and antimicrobial adhesives are enhancing product performance. The market is expected to grow further as healthcare facilities continue to modernize and adopt innovative wound care solutions.
The increasing need for wound care products, surgical adhesives, and drug delivery applications is driving the medical adhesive market in the Philippines. The growing number of surgeries, rising incidence of chronic wounds, and demand for non-invasive medical adhesives are contributing to market growth. Additionally, technological advancements in biocompatible and antimicrobial adhesives, along with the increasing adoption of wearable medical devices, are further boosting demand in the market.
The medical adhesive and adhesive tapes market struggles with pricing pressures due to competition from low-cost alternatives. Many healthcare institutions prioritize cost-effectiveness, which can limit the demand for premium-quality adhesives. Additionally, ensuring the biocompatibility of medical adhesives requires strict regulatory approvals, posing a challenge for manufacturers. The dependence on imports also makes the market vulnerable to supply chain disruptions.
The increasing demand for wound care solutions, surgical adhesives, and medical-grade bonding agents is fueling growth in the medical adhesive market. Investment opportunities exist in bioadhesives, antimicrobial adhesives, and advanced wound closure technologies. The rise in home healthcare and minimally invasive surgeries also contributes to market expansion.
The medical adhesive market in the Philippines has benefitted from government policies focused on improving healthcare standards and patient safety. Medical adhesives are used in wound care, surgical procedures, and device bonding, making them an essential part of modern healthcare. The Department of Health (DOH) and the Food and Drug Administration (FDA) regulate the safety and effectiveness of medical adhesives, ensuring that these products meet required health standards. As the healthcare industry adopts more advanced wound healing and surgical techniques, the demand for high-quality medical adhesives has grown, driving the market forward.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Medical Adhesive Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Medical Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Medical Adhesive Market - Industry Life Cycle |
3.4 Philippines Medical Adhesive Market - Porter's Five Forces |
3.5 Philippines Medical Adhesive Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Philippines Medical Adhesive Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Medical Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Medical Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Medical Adhesive Market Trends |
6 Philippines Medical Adhesive Market, By Types |
6.1 Philippines Medical Adhesive Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Medical Adhesive Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Philippines Medical Adhesive Market Revenues & Volume, By Fibrin, 2021- 2031F |
6.1.4 Philippines Medical Adhesive Market Revenues & Volume, By Collagen, 2021- 2031F |
6.1.5 Philippines Medical Adhesive Market Revenues & Volume, By Synthetic and Semi-Synthetic Resin Type, 2021- 2031F |
6.1.6 Philippines Medical Adhesive Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.7 Philippines Medical Adhesive Market Revenues & Volume, By Cyanoacrylate, 2021- 2031F |
6.1.8 Philippines Medical Adhesive Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.9 Philippines Medical Adhesive Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.10 Philippines Medical Adhesive Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.2 Philippines Medical Adhesive Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Medical Adhesive Market Revenues & Volume, By Water-Based, 2021- 2031F |
6.2.3 Philippines Medical Adhesive Market Revenues & Volume, By Solvent-Based, 2021- 2031F |
6.2.4 Philippines Medical Adhesive Market Revenues & Volume, By Solids, 2021- 2031F |
6.2.5 Philippines Medical Adhesive Market Revenues & Volume, By Hot Melt, 2021- 2031F |
6.3 Philippines Medical Adhesive Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Medical Adhesive Market Revenues & Volume, By Dental, 2021- 2031F |
6.3.3 Philippines Medical Adhesive Market Revenues & Volume, By Medical Device and Equipment, 2021- 2031F |
6.3.4 Philippines Medical Adhesive Market Revenues & Volume, By Internal Medical Applications, 2021- 2031F |
6.3.5 Philippines Medical Adhesive Market Revenues & Volume, By External Medical Applications, 2021- 2031F |
7 Philippines Medical Adhesive Market Import-Export Trade Statistics |
7.1 Philippines Medical Adhesive Market Export to Major Countries |
7.2 Philippines Medical Adhesive Market Imports from Major Countries |
8 Philippines Medical Adhesive Market Key Performance Indicators |
9 Philippines Medical Adhesive Market - Opportunity Assessment |
9.1 Philippines Medical Adhesive Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Philippines Medical Adhesive Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Medical Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Medical Adhesive Market - Competitive Landscape |
10.1 Philippines Medical Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Philippines Medical Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |