Global Surgical Sealants and Adhesives Market – Key Players, Industry Overview And Forecasts To 2026 | Baxter, Johnson & Johnson Services, Inc., CryoLife, BD, Medtronic, Sanofi, B. Braun Melsungen AG, Cohera Medical, Inc.

Market Definition: Global Surgical Sealants and Adhesives Market

Surgical sealants are used in surgical incision during invasive processes to avoid fluid leakage. They are most frequently used to achieve mechanical hemostasis in vascular reconstruction. In addition, surgical sealants are also used to replace anastomoses, suture line, substitute aortic root, and avoid arterial & venous bleeding. Most commercial sealants are biodegradable, biocompatible, and flexible. Surgical sealants may be either natural or synthetic, or a mixture of both.

Market Analysis: Global Surgical Sealants and Adhesives Market

Global surgical sealants and adhesives market is registering a healthy CAGR of 10.20% in the forecast period of 2019-2026. This rise in the market can be attributed to the increasing surgical procedures and continuous advancement in technology.

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Market Drivers

Increasing surgical procedure globally is driving the market growth

Continuous advancement in technology is helping the market to grow

Surging preference for surgical sealants and adhesives is flourishing the market growth

CE Mark and FDA approval drives the market growth

Market Restraints

High cost associated with surgical sealants hinders the growth of the market

Availability of alternatives for surgical adhesives hampers the market growth

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Competitive Analysis:

Global surgical sealants and adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of surgical sealants and adhesives market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major market competitors currently working in the global surgical sealants and adhesives market are Baxter, Johnson & Johnson Services, Inc., CryoLife, BD, Medtronic, Sanofi, B. Braun Melsungen AG, Cohera Medical, Inc., Ocular Therapeutix, Inc., Vivostat A/S, Advanced Medical Solutions Israel (Sealantis) Ltd, Cardinal Health, Integra LifeSciences Corporation, Mallinckrodt company, Lifebond Machines Pvt. LTd., Adhesys Medical GmbH, Takeda Pharmaceutical Limited, among others.

Key Developments in the Market:

In September 2017, Cohera Medical Inc. had signed an agreement with Terumo Corporation for Sylys Surgical Sealant. This agreement will allow Terumo Corporation rights to market Sylys in Japan. This agreement will expand the market share of both the companies

In November 2016, Johnson & Johnson Services, Inc. had launched it new FDA-approved tool, Evarrest Fibrin Sealant Patch. It helps the surgeons and doctors to stop the bleeding of the patient at the time of surgery. This launch will expand the product portfolio of the company and surge the market share of the company.

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Research Methodology: Global Surgical Sealants and Adhesives Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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