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Surgical Sealants And Adhesives Market Segments, Analysis, Trends, Opportunities And Strategies 2024-2033
"The new report published by The Business Research Company, titled Surgical Sealants And Adhesives Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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Surgical Sealants And Adhesives Market Grows Amidst Surge In Surgical Procedures
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.
Expansion Of Product Portfolio Into Untapped Geographies
Several companies operating in the market are focusing on product portfolio expansion into untapped geographies. For instance, in January 2022, Futura Surgicare Pvt. Ltd., an India-based medical device company, collaborated with Advanced Medical Solutions Group PLC UK-based developer and manufacturer of advanced wound care dressing technologies, to expand its wound closure offering. As part of this collaboration, the company has unveiled its strategy to introduce a liquid range of products exclusively in India through its new division, Dolphin Adhesives. This novel vertical offers topical skin adhesives such as Exceed, Exceed XS, and Optima. These adhesive solutions are designed to provide innovative wound closure methods and reduce the risk of adverse surgical outcomes.
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
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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.
Contents of the report:
1. Executive Summary
2. Surgical Sealants And Adhesives Market Report Structure
3. Surgical Sealants And Adhesives Market Trends And Strategies
4. Surgical Sealants And Adhesives Market - Macro Economic Scenario
5. Surgical Sealants And Adhesives Market Size And Growth
…..
27. Surgical Sealants And Adhesives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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