Press release
Biomedical Sealants Market Poised to Achieve Significant Growth by 2026
Biomedical sealants widely used in the medical industry during surgeries to close open wounds and stop bleeding. Sealants are either fibrin-based, thrombin-based, collagen-based, or gelatin-based. Among these, fibrin-based sealants are the most commonly used in the medical industry.Biomedical sealants are primarily adopted by doctors for orthopedic surgeries. Sealants help improve biocompatibility and have powerful sealing ability. Thus, meeting the needs of most users such as doctors, due to which the demand for these sealants is increasing, in turn, boosting growth of the biomedical sealants market.
Sealants are either packed in a cartridge and do not require any specialized equipment for further application. They are also available in other forms such as tapes. These tapes are used on flexible support for external wounds. These sealant tapes include butyl tapes, silicone tapes, and urethane tapes. The wide range of forms that these sealants are available in, allow for varied range of applications. This in turn, is fueling growth of the biomedical sealants market.
Sealants have high elongation as compared to adhesives, they lock moisture in or out in the components they are used, they provide acoustical and thermal insulation, and are used as fire barriers owing to their electrical properties, as well as used as smoothers and filters. The extraordinary properties of sealants in turn, is increasing the demand for sealants in the medical industry, thus boosting growth of the biomedical sealants market.
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Major players operating in the global biomedical sealants market include Bostik, Henkel AG & Company, B.Braun Melsungen AG, 3M Company, CryoLife, Chemence, Cyberbond, Ethicon, Covidien, GluStitch, Adhezion Biomedical, Cohera Medical, Baxter International, Meyer-Haake Gmbh, and Biocoral.
Gecko Biomedical, a company developing innovative polymers to support tissue reconstruction and medical devices, received CE Mark approval for its SETALUM Sealant in September 2017. Through this approval, the company received green signal to market its technology in Europe. The SETALUM Sealant is a biocompatible, bioresorbable and on-demand activated sealant usable in wet and dynamic environments as an add-on to sutures during vascular surgery. The polymer is applied to tissue in-situ and activated using a proprietary light activation pen.
VetiGel, an algae-based polymer, was invented by a 17-year old student of the NY University, the first product of which was rolled out in a five-pack of five-milliliter syringes in the U.S. sold at the cost of US$ 150 per syringe. This plant-based gel that can stop bleeding in 20 seconds when applied to a wound and is currently indicated for veterinary purposes alone and is undergoing testing for human application.
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Report includes chapters which deeply display the following deliverable about industry:
• Biomedical Sealants Market Research Objective and Assumption
• Biomedical Sealants Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM)
• Biomedical Sealants Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Biomedical Sealants Market, By Regions
• Biomedical Sealants Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Biomedical Sealants Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.
• Biomedical Sealants Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change.
• Biomedical Sealants Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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