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Medical Adhesives and Sealants Market - Latest Updates with Market Exhaustive Survey And Demand Overview | 3M, Adhesion Biomedical, Bostik Ltd, Henkel AG & Company,
The Global Medical Adhesives and Sealants Market Continues To Grow Owing To the Increasing Prevalence of Surgical Processes in the WorldMarket Overview:
Medical adhesives are also used in many ways beyond the realm of surgery. Many of the adhesives that are used to help secure surgical sites throughout the body are used to keep the skin in place during sleep. A medical adhesive used to secure the skin over a cast will also keep the cast in place during the night, preventing it from moving while the wearer sleeps. Other task force members may use adhesive to help hold the skin in place around a surgical site. This means that task force members will need to make sure they wear proper night-body coverings and masks to keep the skin in place during their shifts. The use of these tasks forces means that medical adhesive has a variety of different jobs that it performs. There are many kinds of medical adhesives on the market, each serving a different purpose. Some adhesions will help to hold a surgical site in place and will help to keep it there through the healing process. Other adhesives may be used to provide an easy way to remove a foreign object from a wound and will aid in its removal afterward. Still, others may provide a chemical method of reducing blood flow to a particular organ, which can reduce the risk of an organ becoming malnourished.
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Competitive Landscape:
Major players operating in the global medical adhesives and sealants market include B. Braun Melsungen AG, Baxter International, Henkel AG & CO KGAA, 3M, and Ethicon, Inc.
Key Market Drivers:
The increasing incidence of surgeries in the world is expected to augment the growth of the global medical adhesives and sealants market. For instance, according to the National Institutes of Health (NIH), in the world around 310 million major surgical processes are performed. Medical care settings that use ostomy bags may also see the use of medical adhesives. The ostomy bag functions more as a secure closure to hold an organ in place, and medical adhesives are used to help maintain the integrity of the bag and prevent leakage. A good example of this would be a wound that was stitched closed with a layer of medical adhesive prior to closing the wound. The same would happen with a pouch that an anesthetist is going to apply after applying a nitrous oxide suppository into a lung cavity. The increasing expansion of hospitals in the world is estimated to enhance the growth of the global medical adhesives and sealants market.
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Covid-19 Impact Analysis:
The COVID-19 pandemic had some significant effects on the global medical adhesives and sealants market. However, some developments by the key players have boosted the growth of the market gradually. For instance, in July 2021, Baxter International acquired PerClot Polysachharide Hemostatic System developed by CryoLife, Inc.
Key Takeaways:
• North America is expected to dominate the growth of the global medical adhesives and sealants market, owing to the prevalence of key players in the region. For instance, in April 2019, the US Food & Drug Administration (FDA) approved the preparation of FLOSEAL hemostatic matrix by Baxter.
• The Asia Pacific is estimated to witness high growth in the global medical adhesives and sealants market, owing to the high incidence of surgical processes in the region. For instance, according to Springer, around 4624 surgeries were performed each year in India.
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