Surgical Sealants and Adhesives : Market Share, Size, Market Analysis, Prominent Players, Massive CAGR, Business Strategies, Challenges & Developments, Regional Study and Segmentations Forecast By 2031

The Global Surgical Sealants and Adhesives Market Size is predicted to reach 6.26 Billion by 2031, with a compound annual growth rate (CAGR) of 10.39 % during the forecast period of 2024-2031. In 2023, the market was valued at 2.87 Billion.

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Latest Drivers Restraint and Opportunities Market Snapshot:

Key factors influencing the global Surgical Sealants and Adhesives Market are:
• Increasing chronic health conditions
• Increasing number of accidents requiring urgent procedures
• Increase in the number of general surgeries

Future expansion opportunities for the global Surgical Sealants and Adhesives Market include:
• Expenditure on expansion of product portfolio
• Investments in surgical devices
• Expansions by various market players

The following are the primary obstacles to the Surgical Sealants and Adhesives Market's expansion:
• Availability of alternatives
• High costs incurs in Surgical Sealants and Adhesives
• Advancing surgical Procedures

Market Analysis:

An increase in the number of procedures and surgeries performed globally has been attributed to the increasing prevalence of a variety of maladies, the rise in the number of accidents and sports-related injuries, and the increasing incidence of trauma. Additionally, the market is being bolstered by the necessity to regulate blood loss in patients, which is being implemented in order to develop innovative products that can treat the condition. The surgical sealants and adhesives market is growing as a result of the increased number of product approvals from a variety of major participants.

List of Prominent Players in the Surgical Sealants and Adhesives Market:

• Ocular Therapeutics
• Vivostat A/S (Denmark)
• Baxter International
• Medtronic Plc. (US)
• Braun Melsungen AG (Germany)
• Sanofi Group (France)
• Sealants
• Bard
• Johnson & Johnson (Ethicon, Inc.) (US)
• Cohera Medical

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Recent Developments:

• In February 2022, Gunze Limited obtained medical device approval to manufacture and distribute TENALEAF, Japan's inaugural sheet-type absorbable adhesion barrier. The product was introduced to the Japanese market by the company's subsidiary, "Gunze Medical Japan," in March 2022.

• In January 2022, Futura Surgicare Pvt. Ltd (Dolphin Sutures) partnered with UK-based Advanced Medical Solutions (Admedsol) to expand its wound closure product line. The company also announced its intention to introduce a liquid range of products exclusively in India under the new vertical Dolphin Adhesives. This range includes topical skin adhesives Exceed, Exceed XS, and Optima, which have been developed to provide innovative solutions to close wounds and minimize adverse surgical outcomes.

• In October 2021, an international research team headed by McGill University successfully uncovered the cellular mechanism responsible for the underwater adhesive produced by the mussels.

Surgical Sealants and Adhesives Market Dynamics:

Market Drivers: Increase in Number of General Surgeries
The global market is significantly driven by the growing prevalence of health disorders among the geriatric population, which necessitates the operation of the diseased. The demand for surgical procedures is expected to increase due to the increasing prevalence of lifestyle diseases, the rising incidence of injuries, and the ageing population. This is anticipated to drive market growth. Additionally, the expansion is bolstered by the increasing number of incidents necessitating urgent surgical procedures and the ageing population, which is more susceptible to chronic health issues, cardiac diseases, and other health problems.

Challenges: High Cost and Advances in Surgical Procedures

Despite the conventional surgical procedure, minimally invasive surgical procedures are implemented, which restricts the use of surgical sealants and adhesives. This process impedes the expansion of the surgical sealants and adhesives market, as there are alternative alternatives to general surgery procedures. In addition, the substantial expenses associated with surgical sealants and adhesives pose a significant obstacle to the expansion of this market.

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North America Is Expected To Grow With the Highest CAGR during the Forecast Period
Shortly, the North American Surgical Sealants and Adhesives Market is expected to develop at a rapid CAGR and register a substantial revenue share. The reason for this is the growing prevalence of chronic diseases and other health-related conditions. The ageing population of North America is associated with health issues such as eye, heart, or bone problems, necessitating emergency interventions. Additionally, the region is anticipated to experience growth as a result of improved regulations of surgical devices and an increasing number of individuals who are aware of the need to undergo such procedures in the event of injuries or chronic diseases.

Segmentation of Surgical Sealants and Adhesives Market-

By Product-
• Natural/Biological Sealants and Adhesives
o Natural/Biological Sealants and Adhesives, By Type
 Polypeptide/Protein-based Sealants and Adhesives
• Collagen Based
• Albumin Based
• Fibrin Based
• Gelatin Based
 Natural/Biological Sealants and Adhesives, by Origin
• Human Blood Based
• Animal Based
 Polysaccharide-based Sealants and Adhesives
• Chitosan Based
• Others
 Synthetic and Semi-synthetic Sealants and Adhesives
• Polyethylene glycol Based Hydrogels
• Cyanoacrylates
• Urethane Based
• Others

By Indication-
• Tissue Engineering
• Surgical Hemostasis
• Tissue Sealing

By Application-
• Urological Surgeries
• General Surgeries
• Central Nervous System Surgeries
• Cardiovascular Surgeries
• Orthopedic Surgeries
• Others

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By Region-

North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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