Press release
Next-generation Surgical Glue Market is anticipated to reach over USD 4.3 Billion, growing at a rate of 7.65% from 2022 to 2031
The Next-generation Surgical Glue Market size is anticipated to reach over USD 4.3 Billion by 2031, growing at a rate of 7.65% from 2022 to 2031.Surgical glue is a polymer that is used to repair major as well as minor wounds, including, incisions made during laparoscopic surgery, lacerations, and wounds on the groin or in the face. The surgical glue is also known as "liquid stitches", "tissue adhesive" or "2-octyl cyanoacrylate (DERMABOND)". In addition, this glue has several benefits as compared to conventional staplers and surgical sutures which include less scarring, lower rates of infection, no stitches to remove, and lesser time in the operating room among others.
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Some of the factors contributing to the growth of the next-generation surgical glue market are the rising number of traumatic injuries, the growing number of surgical procedures and burn cases, in couple with the increasing incidences of road accidents worldwide. In addition, the growing health awareness in addition to the high prevalence of several diseases which includes respiratory diseases, heart diseases, cancer, and skin diseases have augmented the opportunities for surgeries globally.
Further, surgical glue is rapidly achieving clinical approval on the back of the growth in demand for cutting-edge hemostasis products for advancing surgical outcomes in diverse medical specialties. Major companies in the next-generation surgical glue market are orientated on enhancing the user-friendliness, efficacy, as well as safety of adhesives & sealants used for closing incisions in traumatic injuries. This, in turn, has led to the initiation of ergonomic designs in the next-gen surgical glue market.
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COVID-19 Analysis:
The COVID-19 pandemic is expected to have a positive impact on the global surgical glue market. As per the National Library of Medicine, there were nearly 1,307 cases of bariatric surgeries in 2020 in India. There were over 85 patients who were COVID positive and underwent bariatric surgeries. Therefore, a rise in the number of surgeries has led to an increase in the usage of surgical glue. Thus, new technological innovations by major players and a rise in the number of product approvals are anticipated to lead to the growth of the next-generation surgical glue market.
Major Players of the Next-generation Surgical Glue Market:
The Next-generation Surgical Glue Market report includes players such as Grünenthal Group, Braun Melsungen AG, Becton, Dickinson, and Company, Baxter International Inc., Advanced Medical Solutions Group plc, Cardinal Health Inc., CryoLife Inc., Johnson & Johnson, Medtronic plc, and Integra LifeSciences Corporation.
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