Press release
Surgical Sealants And Adhesives Market CAGR, Key Players, Portability, Type and Regions Till 2030
The Business Research Company offers "Surgical Sealants And Adhesives Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global surgical sealants and adhesives market is expected to decline from $2.21 billion in 2019 to $1.33 billion in 2020 at a compound annual growth rate (CAGR) of -39.8%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing. The treatment for patients suffering from COVID-19 has taken precedence as a result of which numerous non-essential surgeries have been cancelled or postponed, decreasing the demand for surgical sealants and adhesives.
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The surgical sealants and adhesives market consists of revenue generated from the sales of surgical sealants and adhesives. Surgical sealants and adhesives are materials used to repair injured tissues and prevent air & fluid leakages during or after the surgeries. These are used for minimizing blood losses, replacing staples and sutures for better closure, and strengthening wound area without limiting the tissue movement.
The rising number of surgical procedures is predicted to contribute to the growth of surgical sealants and adhesives market. In recent years, the continuous surge in surgical procedures is registered attributing to the growing prevalence of obesity and other lifestyle diseases, increasing incidence of spinal and sports-related injuries, and rising geriatric population. The old-age population is more prone to chronic, heart, and other diseases, thereby undergoing surgical procedures. According to the United Nations Department of Economic and Social Affairs, the number of people over the age of 65 is projected to increase from 703 million in 2019 to 1.5 billion by 2050, globally.
Surgical Sealants And Adhesives Market Segmentation:
By Type
1. Biological Sealants
2. Synthetic Sealants
3. Semi-Synthetic Sealants
By End User,
1. Hospitals
2. Clinics
3. Others
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Few Points From Table Of Content
1. Executive Summary
2. Surgical Sealants And Adhesives Market Characteristics
3. Surgical Sealants And Adhesives Market Size And Growth
4. Surgical Sealants And Adhesives Market Segmentation
5. Surgical Sealants And Adhesives Market Regional And Country Analysis
……
25. Surgical Sealants And Adhesives Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Surgical Sealants And Adhesives Market
27. Surgical Sealants And Adhesives Market Trends And Strategies
28. Surgical Sealants And Adhesives Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the surgical sealants and adhesives market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the surgical sealants and adhesives market are Baxter International Inc., B. Braun Melsungen AG, Cohera Medical, Inc., CryoLife Inc., C.R. Bard Inc., CSL Limited (CSL Behring), Johnson & Johnson (Ethicon, Inc.), Sanofi, Ocular Therapeutix Inc., Sealantis Ltd.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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