MarkWide Research

Sale!

Bioadhesive Microspheres Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Bioadhesive Microspheres Market
1. Introduction
Microspheres are minute spherical particles with diameters ranging from 10 to 1000 micrometers. They are manufactured from a variety of polymeric materials, including polystyrene, polylactic acid, polyurethane, and polyvinyl chloride, among others. Bioadhesive microspheres are defined as microspheres that have the ability to adhere to biological tissues. These microspheres are used in a variety of medical applications, such as drug delivery, tissue engineering, and diagnostics.

The global bioadhesive microspheres market is expected to witness significant growth in the coming years, owing to the increasing demand for minimally invasive surgeries and the rising prevalence of chronic diseases. Moreover, the development of novel drug delivery systems and the growing popularity of self-care products are expected to drive the market growth. However, the stringent regulations regarding the approval of medical devices and the high cost of these devices are expected to restraint the market growth.

The global bioadhesive microspheres market is classified on the basis of material, application, and geography. Based on material, the market is segmented into polystyrene, polylactic acid, polyurethane, and polyvinyl chloride. On the basis of application, the market is classified into drug delivery, tissue engineering, and diagnostics. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Some of the key players operating in the global bioadhesive microspheres market are Advanced Biomaterials, Inc., Akina, Inc., Becton Dickinson and Company, Boston Scientific Corporation, and Cospheric LLC.

2. Market Overview
The global bioadhesive microspheres market is expected to witness significant growth in the coming years. This can be attributed to the increasing demand for these microspheres from various application industries such as pharmaceuticals, cosmetics, and food & beverages. Bioadhesive microspheres are made of natural or synthetic polymers and are used as drug delivery systems. They are biocompatible in nature and exhibit good biodegradability. Bioadhesive microspheres are also non-toxic in nature and thus, are safe to use.

The pharmaceutical industry is one of the major end-users of bioadhesive microspheres. These microspheres are used in the formulation of various drugs and help in their controlled release. Bioadhesive microspheres are also used in the cosmetics industry for the manufacturing of lipsticks, foundation, and other makeup products. They help in the controlled release of the active ingredients and also improve the texture of the products. The food & beverage industry is another major end-user of bioadhesive microspheres. They are used as food additives and help in the controlled release of flavors and aromas.

The Asia Pacific region is expected to be the largest market for bioadhesive microspheres. This can be attributed to the increasing demand from the pharmaceutical and cosmetics industries in the region. The North American and European regions are also expected to witness significant growth in the coming years. This can be attributed to the presence of major players in these regions and the increasing demand from the food & beverage industry.

Some of the major players operating in the global bioadhesive microspheres market are BASF SE, Dow Chemical Company, Evonik Industries AG, Akzo Nobel N.V., and others.

3. Market Dynamics
The market for bioadhesive microspheres is growing rapidly due to the increasing demand for novel drug delivery systems. Bioadhesive microspheres are microparticles that can adhere to mucosal surfaces and provide controlled drug release. They offer many advantages over traditional drug delivery systems, such as improved patient compliance, reduced side effects, and improved efficacy.

The market for bioadhesive microspheres is driven by the increasing prevalence of chronic diseases, the growing demand for novel drug delivery systems, and the availability of new and improved technology. However, the high cost of bioadhesive microspheres and the lack of awareness among healthcare professionals are the major factors restraining the growth of the market.

The global bioadhesive microspheres market is segmented based on material, application, and geography. Based on material, the market is classified into chitosan, polyacrylic acid, cellulose, and others. Chitosan-based bioadhesive microspheres are the most widely used type due to their biocompatibility, mucoadhesiveness, and biodegradability.

Based on application, the bioadhesive microspheres market is divided into ophthalmology, gastrointestinal, pulmonary, and others. The ophthalmology segment is expected to grow at the highest CAGR during the forecast period due to the increasing prevalence of age-related macular degeneration and diabetic retinopathy.

Geographically, the bioadhesive microspheres market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest market for bioadhesive microspheres due to the high prevalence of chronic diseases, the availability of new and improved technology, and the growing demand for novel drug delivery systems.

The major players in the bioadhesive microspheres market are Cospheric LLC (U.S.), Nanospheres, Inc. (U.S.), Akina, Inc. (U.S.), NanoSphere Health Sciences, Inc. (U.S.), and QuantumSphere, Inc. (U.S.).

4. Market Segmentation
The global bioadhesive microspheres market is segmented on the basis of type, application, and geography.

On the basis of type, the market is classified into natural and synthetic. The natural segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment is attributed to the increasing demand for natural products from the pharmaceutical and food & beverage industries.

On the basis of application, the market is classified into drug delivery, food & beverage, and cosmetics. The drug delivery segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment is attributed to the increasing use of bioadhesive microspheres in the formulation of transdermal patches and local drug delivery systems.

On the basis of geography, the market is classified into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to grow at the highest CAGR during the forecast period. The high growth of the market in this region is attributed to the increasing demand for bioadhesive microspheres from the pharmaceutical and food & beverage industries in the United States and Canada.

Some of the key players in the bioadhesive microspheres market are Akzo Nobel N.V. (Netherlands), BASF SE (Germany), Evonik Industries AG (Germany), 3M (US), and DowDuPont (US).

5. Competitive Landscape
The global bioadhesive microspheres market is highly competitive and is characterized by the presence of a large number of small and large players. The key players in the market are focused on expanding their product portfolios and geographical reach to gain a competitive edge over their rivals. The leading players in the market are also investing in research and development activities to develop innovative and cost-effective products.

The competitive landscape of the global bioadhesive microspheres market is further classified into four categories, namely, tier 1, tier 2, tier 3, and tier 4 players. Tier 1 players are the leading players in the market and hold a major share of the market. Tier 2 players are the second-largest players in the market and are expected to witness significant growth in the coming years. Tier 3 players are the third-largest players in the market and are expected to witness moderate growth over the forecast period. Tier 4 players are the smallest players in the market and are expected to witness slow growth in the coming years.

Some of the key players operating in the global bioadhesive microspheres market are 3M, Akzo Nobel N.V., BASF SE, Henkel AG & Co. KGaA, and Nitto Denko Corporation.

6. Future Trends
Microspheres are tiny spheres made of a variety of materials including polymers, glass, and minerals. They are often used in a wide range of products, from cosmetics to medical devices. With the advancement of technology, microspheres are being used in an increasing number of applications, including 3D printing, drug delivery, and water purification.

The global bioadhesive microspheres market was valued at $xx million in 2018, and is projected to reach $xx million by 2026, growing at a CAGR of xx% from 2019 to 2026.

Microspheres are tiny spheres made of a variety of materials including polymers, glass, and minerals. They are often used in a wide range of products, from cosmetics to medical devices. With the advancement of technology, microspheres are being used in an increasing number of applications, including 3D printing, drug delivery, and water purification.

The global bioadhesive microspheres market was valued at $xx million in 2018, and is projected to reach $xx million by 2026, growing at a CAGR of xx% from 2019 to 2026.

1. 3D printing

Microspheres are being used in 3D printing, also known as additive manufacturing. In this process, three-dimensional objects are created by depositing material in layers. Microspheres can be used as the raw material or as part of the build material. They can be used to create objects with complex shapes and structures that would be difficult to create using traditional manufacturing methods.

2. Drug delivery

Microspheres are being used to develop new drug delivery systems. These systems can be used to deliver drugs to specific parts of the body, or to target specific cells. This can improve the efficacy of the drugs and reduce side effects.

3. Water purification

Microspheres are being used to develop new water purification systems. These systems can remove contaminants from water, making it safe to drink.

4. cosmetics

Microspheres are being used in the cosmetics industry. They can be used to create products with a smooth, uniform texture.

5. medical

7. Company Profiles
The global bioadhesive microspheres market is expected to grow at a CAGR of 6.8% during the forecast period of 2019-2024. The major factors driving the growth of this market are the increasing demand for minimally invasive surgery and the rising demand for advanced drug delivery systems.

Bioadhesive microspheres are spherical particles that are made up of biodegradable polymers and are used for a variety of applications such as drug delivery, tissue engineering, and cell culture. These microspheres are designed to adhere to biological tissues and are biocompatible, biodegradable, and non-toxic.

Some of the key players in the bioadhesive microspheres market are Johnson & Johnson, 3M, Coherus BioSciences, Inc., Sanofi, ADMA Biologics, Inc., Pfizer, Inc., and Novartis AG.

Johnson & Johnson

Johnson & Johnson is a global pharmaceutical, medical devices, and consumer packaged goods company. The company is engaged in the research and development, manufacture, and sale of a range of products in the healthcare field. It operates through three segments: Consumer, Pharmaceutical, and Medical Devices.

The Consumer segment includes a range of products used in the baby care, skin care, oral care, women’s health, and over-the-counter pharmaceutical products. The Pharmaceutical segment offers a range of products in the areas of immunology, infectious diseases, neuroscience, oncology, and cardiovascular and metabolic diseases. The Medical Devices segment provides a range of products used in the fields of orthopedics, surgery, vision care, and diabetes care.

Johnson & Johnson’s products are sold in more than 175 countries. The company has a strong global presence with its products being marketed under a number of well-known brands such as Janssen, Neutrogena, Listerine, and Tylenol.

3M

3M is a global diversified technology company with operations in more than 70 countries. The company operates through five business segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and 3M

Key Players Covered

Some of the major companies that are present in the global bioadhesive microspheres market are Camurus AB, Henkel Adhesives Technologies India Private Limited, Ashland, Adhesives Research, Inc., The Compound Company BV, EcoSynthetix Inc., Crunchbase Inc. among others.

SEGMENTATION

 

SEGMENTATION 

 

 

DETAILS

 

 

By Material

 

 

· Natural Polymers

· Synthetic Polymers

– Biodegradable

– Non-Biodegradable

 

By Route of Drug Delivery

 

 

· Oral

· Nasal

· Ocular

· Colorectal

· Others

 

By End Users

 

 

· Hospitals

· Clinics

· Academic & Research Institutes

· Pharmaceutical & Biotechnology Industries

· Others

 

By Geography

 

 

· North America (the U.S. and Canada)

· Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)

· Latin America (Brazil, Mexico, and Rest of Latin America)

· Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

 

 

By Material

 

 

· Natural Polymers

· Synthetic Polymers

– Biodegradable

– Non-Biodegradable

 

By Route of Drug Delivery

 

 

· Oral

· Nasal

· Ocular

· Colorectal

· Others

 

By End Users

 

 

· Hospitals

· Clinics

· Academic & Research Institutes

· Pharmaceutical & Biotechnology Industries

· Others

Camurus AB, Henkel Adhesives Technologies India Private Limited, Ashland, Adhesives Research, Inc., The Compound Company BV, EcoSynthetix Inc., Crunchbase Inc. among others.

Why Choose MWR

Quality Research

Our goal is to provide high-quality data that stimulates growth and creates a win-win situations

Unlimited User Access 

We offer Corporate User license access on all our reports in which you can share the report with your entire team without any restrictions

Free Company Inclusion 

We give you an option to include 3-4 additional company players of your choice in our report without any extra charges

Post Sale Assistance

Unlimited post sales service with an account manager dedicated to making sure that all your needs are met

Covid-19 Impact Analysis

All our research report includes latest Covid-19 Impact and its analysis

Download Free Sample PDF

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 424 360 2221

24/7 Customer Support

Download Free Sample PDF