Surgical Sealants and Adhesives Market 2020 Share, Size, Regional Trend, Future Growth, Leading Players Updates, Industry Demand, Current and Future Plans by Forecast to 2024

2019 Research Report on Global Surgical Sealants and Adhesives Market is a professional and comprehensive report on the Surgical Sealants and Adhesives industry.

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Key Players: Baxter International, Inc. (U.S.), Johnson & Johnson (Ethicon, Inc.; U.S.), Medtronic plc (U.S.), CryoLife, Inc. (U.S.), C.R. Bard, Inc. (U.S.), Sanofi Group (France), B. Braun Melsungen AG (Germany), Cohera Medical, Inc. (U.S.), Ocular Therapuetix, Inc. (U.S.), Vivostat A/S (Denmark), and Sealantis, Ltd. (Israel).

The global surgical sealants and adhesives market is estimated to grow at a CAGR of 9.6% from 2016 to 2021, to reach USD 2.96 billion by 2021 from USD 1.87 billion in 2016. The growth of this market is mainly attributed to rising need to manage blood loss in patients, growth in the number of surgeries, rising geriatric population, increasing incidence of trauma, growth in the number of accidents, and growing prevalence & incidence of various disorders such as obesity and CVDs. In addition, the greater uptake of technologically advanced products and growing adoption of surgical sealants and adhesives in the U.S. and Europe (owing to FDA and CE Mark approvals) are responsible for driving the overall growth of this market. Untapped emerging markets such as China and India offer significant growth opportunities.

In this report, the surgical sealants and adhesives market is segmented on the basis of product, indication, application, and region. On the basis of product, the market is segmented into natural/biological sealants and adhesives and synthetic & semi-synthetic sealants and adhesives. The natural/biological sealants and adhesives segment is further divided into type and origin. Based on type, the natural/biological sealants market is segmented into polypeptide/protein-based and polysaccharide-based sealants and adhesives. The polypeptide/protein-based sealants consist of fibrin, gelatin, collagen, and albumin based adhesives, while the polysaccharide-based sealants comprise of chitosan-based and other polysaccharide-based adhesives. On the basis of origin, the natural/biological sealants and adhesives market is segmented into human blood and animal-based adhesives. The animal-based sealants offer the advantages of superior elasticity, better reabsorption and lower toxicity, all of which have resulted in their increased adoption driving their growth during the forecast period.

The synthetic and semi-synthetic sealants and adhesives market is segmented into cyanoacrylates, polyethylene glycol hydrogels, urethane-based adhesives, and other synthetic adhesives. Polyethylene glycol-based hydrogels accounted for the largest share of the market in 2015 due to factors such as rapid gel formation, high adhesion, biocompatibility, and low inflammatory response.

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In the end, the Global Surgical Sealants and Adhesives Market report's conclusion part notes the estimation of the industry veterans.

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