Fibrin Glue Market Size, Share and Forecast Report by 2023 - Top Key Players are Johnson & Johnson, Baxter International Inc., CSL Behring, Shanghai RAAS Blood Products Co.,Ltd., Hualan Biological Engineering Inc.

During the forecast period (2017-2023), the global fibrin glue market is predicted to advance at a 10.9% CAGR. Various factor positively impacting the market are the growing healthcare expenditure, rising prevalence of chronic diseases, low chances of complications associated with these products, increasing number of surgical procedures and burn cases, surging geriatric population, and rising incidence of road accidents. A type of tissue adhesive which is derived from animal or/and human source and primarily utilized for healing of wounds, stopping hemorrhage, blood coagulation, and sealing tissues is referred to as fibrin glue.

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In terms of application, the fibrin glue market is categorized into general surgery, pulmonary surgery, lacerations of liver & spleen, orthopedic surgery, wound management, cardiac surgery, vascular surgery, neurosurgery, burn bleeding, plastic surgery, and others (which include hernia management, pterygium & strabismus surgery, gastrointestinal surgery, forniceal reconstruction surgery, lamellar corneal grafting, and amniotic membrane transplantation). Out of these, the cardiac surgery category held the largest share of the market during the historical period (2013-2016) and is further expected to dominate the market during the forecast period.

The rising popularity of cosmetic surgeries is a key trend being witnessed in the fibrin glue market. Cosmetic surgeries involve the reconstruction, restoration, or alteration of the human body. Technological advancements in surgical procedures and the growing consumer awareness are the major reasons for the increasing popularity of cosmetic surgeries. According to the American Society for Aesthetic Plastic Surgery, in 2016 Americans spent more than $15 billion on surgical and non-surgical cosmetic surgeries. Fibrin glue is utilized for different cosmetic procedures to hold the tissues together.

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GLOBAL FIBRIN GLUE MARKET
By Application
o Cardiac surgery
o General Surgery
o Vascular surgery
o Pulmonary surgery
o Neurosurgery
o Lacerations of liver and spleen
o Burn bleeding
o Orthopaedic surgery
o Plastic surgery
o Wound management
o Others
By Geography
o North America Fibrin Glue Market
o By Application
o By Country - The U.S. and Canada
o Europe Fibrin Glue Market
o By Application
o By Country - Germany, France, the U.K., Italy, Spain and Rest of Europe
o Asia-Pacific Fibrin Glue Market
o By Application
o By Country - Japan China, India and Rest of Asia-Pacific
o Latin America Fibrin Glue Market
o By Application
o By Country - Brazil, Mexico and Rest of Latin America
o Middle East & Africa (MEA) Fibrin Glue Market
o By Application

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