Surgical Glue Market was valued USD 4,284.7 million in 2018, CryoLife Inc., Integra LifeSciences Holdings Corporation, Cohera Medical Inc., Takeda Pharmaceutical Company Limited., and Johnson & Johnson, Medtronic PLC.

The global surgical glue market was valued USD 4,284.7 million in 2018 and is projected to reach USD 7,835.1 million by 2024. This market is further expected to witness a CAGR of 10.7% during the forecast period owing to the increasing expenditure on healthcare and increasing population of old age across the globe.

Surgical glue is used in case of traumatic injuries and surgeries that avoid leakage of liquids or air in the wounds. Moreover, another name for surgical glue is surgical adhesive and sealants that are commonly being termed by consumers and health professionals.

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The global surgical glue market, on the basis of application, is segmented into cardiac surgery, pulmonary surgery, vascular surgery, liver and spleen lacerations, orthopedic surgery, burn bleeding, plastic surgery, wound management, neurosurgery, general surgery, and others. Among all these segments, cardiac surgery was projected to be the largest application area of the surgical area during the historical period and is further estimated to contribute a share of more than 24.0% in the global surgical glue market in 2018. Additionally, the increasing pervasiveness of cardiac-related diseases across the globe is thus excessively contributing towards the growth of the surgical glue market.

Geographically, North America is the largest revenue contributor in the global surgical glue market due to the increasing demand of these glues in the region specifically the glue that is tissue friendly. According to a recent report by TMC Innovation Institute, it states that in the U.S approximately 30 million accidents occur on an annual basis along with around 40 million surgeries in 2017 that requires some sort of closure for the injury.

In the recent past, injuries were covered with stapling, suturing and cauterization that inhibits various problems such as leakage in wounds after the surgery from staple lines and suture. Moreover, due to the increasing benefits of surgical glue, this market is gaining huge popularity in the region that is further expected to bolster its growth in the near future.

The Asia Pacific is expected to witness the fastest growth in the global surgical glue market due to increasing application of particular formulation of the product, increasing the advancement of clinical specialty and development of all-purpose products that offers hemostasis and faster sealing. The growth of this market is attributed towards the increasing population of geriatric, increasing demand for surgical interventions and rapid technological upgradation in healthcare domain.

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Some of the major players operating in the global surgical glue market include B. Braun Melsungen AG, Baxter International Inc., Advanced Medical Solutions Group PLC, C. R. Bard Inc., Cardinal Health Inc., CryoLife Inc., Integra LifeSciences Holdings Corporation, Cohera Medical Inc., Takeda Pharmaceutical Company Limited., and Johnson & Johnson, Medtronic PLC.

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The chemicals and materials industry provides significant benefits to several other industries as well such as food and beverages, construction, pharmaceuticals, transportation, electronics, utilities, oil and gas and healthcare. As a result, this industry is extensively bolstering economic growth of several countries worldwide. In the recent past, the industry has witnessed significant rampant changes in terms of technological upsurge, increasing cost of raw materials and shifting manufacturing locations.

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