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Surgical Sealants And Adhesives Market Report: In-Depth Analysis Of Industry Share, Size, Growth And Outlook Up To 2033
Surgical Sealants And Adhesives Market
The Business Research Company presents an extensive market research report on the Surgical Sealants And Adhesives Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The surgical sealants and adhesives market size has grown strongly in recent years. It will grow from $2.59 billion in 2023 to $2.83 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to surgical sealants and adhesives market resulted from rising prevalence of chronic diseases, increasing concerns to reduce surgical wounds, rising demand for minimally invasive techniques, increased healthcare expenditure, and rise in prevalence of cardiovascular disorders.
The surgical sealants and adhesives market size is expected to see strong growth in the next few years. It will grow to $4.14 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to increase in geriatric population, growing prevalence of accidents, growing cosmetic surgeries, and launch of advanced surgical sealants. Major trends in the forecast period include focus on developing bio-based sealants to increase the usage of renewable raw material, consider investing in strategic acquisitions to increase market shares and expand their product portfolio offerings, invest in innovative products to provide better and enhanced products to consumers, and invest in nano-enabled adhesives and sealants in surgical procedures, as they have unique and superior properties such as high surface area and nanoscale size.
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Key Market Players:
Major companies operating in the surgical sealants and adhesives market report are Baxter International Inc, Johnson & Johnson, B.Braun Melsungen AG, CSL Ltd., Becton Dickinson & Company, Cryolife Inc., Integra LifeSciences, Vivostat A/S, Occular Therapeutix Inc., Advanced Medical Solutions Group plc, Takeda Pharmaceutical Company, Centenial Surgical Suture Ltd, Cure Spects Lasers Ltd, Maestros Mediline Systems Ltd, Opto Circuits Ltd, Poly Medicure Ltd, Raaj Medisafe India Ltd, Siemens Healthcare Diagnostics Ltd, Ge Healthcare, Shenzhen Mindray Bio-Medical Electronics Co.Ltd., Shinva Medical Instrument Co. Ltd., Global Medical Group Limited, Dermastar Limited, R.C.H Dentservlimited, Sleep Straight Limited, Plus 8 Medical Group, Maxmed Health Care LTD, Highlight Surgicals, Medcaptain Europe, Easy Medical Devices, Cd Leycom, Smeets Loopcomfort B.V., Td Medical B.V., Ophtec B.V., Rovers Medical Devices B.V., Cohera Medical Inc., Tricol Biomedical, Medtronic, Philips, Stryker, Acelity, Seprafilm, GluStitch, Cardinal Health, Sanofi, Pierre Fabre, Pfizer, Quantificare, Apsen Farmaceutica, BioMarin Pharmaceutical, DK Diagnostics, Biosonda Biotechnology, Laboratorios Legrand, Biomerics, Abbott Laboratories, Roche, Draegerwerk AG, ResMed Inc., Covidien plc, Smiths Medical.
Market Drivers:
The rising number of surgical procedures is predicted to contribute to the growth of the 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 World Health Organization, the number of people over the age of 65 is projected to increase from 1 billion in 2020 to 2.1 billion by 2050, globally.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/surgical-sealants-and-adhesives-global-market-report
The surgical sealants and adhesives market covered in this report is segmented -
1) By Product: Biological Sealants, Synthetic Sealants, Semi-Synthetic Sealants
2) By Indication: Tissue Sealing, Tissue Engineering, Hemostasis
3) By End Use: Hospital, Clinics, Others End Uses
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?"
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