Surgical Sealants and Adhesives Market Research, Business Revenue Forecast and Statistics
Market Analysis
The worldwide surgical sealants and
adhesives market is estimated to flourish at a healthy CAGR of over 10.43% to
reach USD 5.34 billion over the assessment era 2022-2030. states the
latest Market Research Future (MRFR) report. Surgical sealants and adhesives
are useful accompaniments in the modern surgical procedure. It is extensively
used owing to its alluring features, namely usability in repairing injured
tissues, support wounds obtained at the time of the surgery, and their efficacy
and safety. Surgical sealants and adhesives can be used along with staples and
sutures for strengthening, treating emergency hemostasis, and sealing leaks of
gas or fluids.
Surgical Sealants and Adhesives
Market overview by
Product, Indication, Forecast Till 2030. Various
factors are propelling the surgical sealants and adhesives market growth. Some
of these factors, according to the Market Research Future report, include
growing incidence and prevalence of various disorders such as CVDs and obesity,
increasing number of accidents, a growing number of surgeries, rising
incidences of trauma, and growing need for managing blood loss in patients.
Additional factors pushing market growth include rising geriatric population,
higher uptake of products that are technologically advanced, rising adoption of
surgical sealants and adhesives, the prevalence of invasive surgeries, and
inclination for simpler, safer, and quicker and minimally invasive
surgeries.
On the contrary, extensive clinical data
needs to launch products, lack of reimbursements policy, high cost of products,
strict regulatory approvals, lack of reimbursement, high technicality, and
alternative methods are factors that may hamper the surgical sealants and
adhesives market growth over the forecast period.
Key Players
Leading players profiled in the surgical
sealants and adhesives market report include Ocular Therapuetix, Inc. (US),
Vivostat A/S (Denmark), Sealantis, Ltd (Israel), Sanofi Group (France), Cohera
Medical, Inc. (US), B. Braun Melsungen AG (Germany), Medtronic plc (US), Baxter
International, Inc. (US), Johnson & Johnson (UK), and C. R. Bard, Inc.
(US). Key players are incorporating numerous strategies such as partnerships,
mergers and acquisitions, expansions, product launches and innovations,
collaboration, and research and development to create a foothold in the market.
Market Segmentation
The MRFR report offers a wide segmental
analysis of the surgical sealants and adhesives market on the basis of
indication, product, and application.
By product, the surgical sealants and
adhesives market is segmented into synthetic and semi-synthetic sealants and
adhesives and natural/biological sealants and adhesives. The natural/biological
sealants and adhesives segment are again segmented into polysaccharide-based
sealants and adhesives and polypeptide/protein-based sealants and adhesives.
The synthetic and semi-synthetic sealants and adhesives is again segmented into
urethane-based, polyethylene glycol hydrogels, cyanoacrylates, and
others.
By indication, the surgical sealants and
adhesives market is segmented into tissue engineering, tissue sealing, and
surgical hemostasis. Of these, the tissue sealing segment will have the largest
share in the market over the forecast period. This is owing to the rising
number of surgeries that is being performed annually, an increasing number of people
suffering from sports-related injuries and back pain and increasing prevalence
of lifestyle diseases.
By application, the surgical sealants and
adhesives market is segmented into urological surgeries, orthopedic
surgeries, central nervous system surgeries, cardiovascular surgeries, general
surgeries, and others.
Regional Analysis
By region, the surgical
sealants and adhesives market research report covers the latest trends and
growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and
the Middle East and Africa (MEA).
Of these, the Americas will spearhead the
market over the forecast period. This is on account of the increasing number of
surgeries, increasing number of accidents, growing prevalence as well as the
incidence of different disorders, and the presence of a well-established
healthcare sector.
The worldwide surgical sealants and adhesives
market in Europe is predicted to have the second-largest share in the market
over the forecast period. This is due to the rising adoption of new
technologies and the growing prevalence of chronic diseases.
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