How is Increasing Number of Surgical Procedures Driving Surgical Glue Market?

The number of surgical procedures all across the world is rising rapidly on account of the growing prevalence of diseases and surging geriatric population. As per the World Bank, every year, more than 13,900 and 1,300 surgeries per 100,000 people are conducted in Brazil and Mexico, respectively.

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Similarly, the number of surgical procedures in China per 100,000 people is over 2,700. While various diseases can be cured with just medicines, several serious cases need surgical intervention. In addition to this, since aged people are more susceptible to chronic diseases, they account for a large number of surgical procedures that are performed.

Because of this growing number of surgical procedures, the demand for surgical glue is growing swiftly as well. Surgeries are performed by making incision on the body; therefore, one of the essential steps in a surgical procedure is wound closure. Conventionally, different types of suture were utilized for wound closure purposes during a surgery; however, these products have several disadvantages.

The process can be traumatic and can cause addition pain, and more often than not, the removal of sutures requires a second procedure. In order to overcome these problems, various surgeons are now making use of surgical glue for closing wounds after surgeries.

Attributed to these factors, the global surgical glue market is predicted to attain a value of $6,936.5 million by 2023, growing from $3,810.5 million in 2017, progressing at a 10.6% CAGR during the forecast period (2018-2023).

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Different types of surgical glues include hydrogel, glutaraldehyde glue, collagen-based compound, cyanoacrylate, and fibrin sealant. Out of these, fibrin sealant was the most in demand in the past, which is owing to its natural origin and wide applications. This surgical glue is derived from animal or human blood cells and therefore is more compatible with the human body.

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This release was published on openPR.