Surgical Sealants and Adhesives Market Overview with Qualitative Analysis, Competitive Landscape & Forecast 2023

The global surgical sealants and adhesive market is significantly growing, due to technological advancements, extensive research and development activities, and up surging academic and government research for medical devices. The massive unexplored market in the surgical sealants and adhesives industry of the developing economies is creating abundant growth opportunities for the surgical sealants and adhesives market.

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On the basis of product, the global surgical sealants and adhesives market can be categorized as natural or biological sealants and adhesive, and synthetic and semi synthetic adhesive and sealants, where natural or biological sealants and adhesives segment leads the global market in terms of market size. Natural or biological sealants and adhesives are further segmented on the basis of type, as fibrin sealants, collagen based adhesives and gelatin based adhesives, where fibrin sealant leads the global segmented market in terms of market size.

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Some of the factors driving the growth of the global surgical sealants and adhesives market are increasing number of surgical procedures, growing aging population, up surging prevalence of chronic diseases, increasing healthcare expenditure and increasing requirement to manage blood loss in patients during the surgeries.

Geographically, North America is likely to dominate the global surgical sealants and adhesives market in the coming years, due to upsurge in geriatric population, increasing FDA approvals, growing number of surgical procedures, and widening application of sealants and adhesives. Asia-Pacific is the fastest growing region in the global surgical sealants and adhesives market, due to increasing healthcare expenditure, presence of huge pool of patients, intensifying government support and up surging prevalence of chronic diseases in the region.

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Some of the companies operating in the global surgical sealants and adhesives market are Baxter International Inc., Sanofi Group, B. Braun Melsungen AG, Ocular Therapeutix Inc., Cryolife Inc., Medtronic PLC, Johnson & Johnson, C.R. Bard Inc., Cohera Medical Inc. and Vivostat A/S.

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