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Global Surgical Sealants and Adhesives Market Top Dominating Players Like Baxter, Medtronic, Johnson & Johnson Services Inc., C.R. Bard, Inc., Cryolife, Inc., Are Dominating the Industry By CAGR of 7.6% Forecast During 2024

Global Surgical Sealants and Adhesives Market ? Industry Trends and Forecast to 2024

Global Surgical Sealants and Adhesives Market ? Industry Trends and Forecast to 2024

Data Bridge Market Research provides new industry report "Global Surgical Sealants and Adhesives Market” is expected to reach USD 2,798.68 billion by 2024 from USD 1,560.50 billion in 2016, at a CAGR of 7.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Surgical Sealents and Adhesives Market By Product type (Natural/Biological {Polypeptide/Protein-Based Sealants and Adhesives, Polysaccharide Based Sealants and Adhesives}, Synthetic and Semisynthetic {Cyanoacrylates, Polyethylene Gylcol Based Hydrogel, Urethane-Based Adhesives}), Indication (Surgical Hemostasis, Tissue Sealing, Tissue Engineering), Application (CNS Surgeries, General Surgeries, Cardiovascular Surgeries, Orthopedic Surgeries, Cosmetic Surgeries, Urological Surgeries), Distribution Channel, End User, Geography Industry Trends and Forecast to 2024

The major factors driving the growth of this market are increasing need to manage blood loss in patients, growing number of surgical procedures, technological advancements, and easy adoption due to the FDA and CE marking approval in surgical sealants and adhesive products. On the other hand, high cost of surgical sealants and adhesives products may hinder the growth of the market.

Drivers:

Some of the major factors driving the market for surgical sealants and adhesives market are growing number of surgical procedures and technological advancements. These factors increase the demand for surgical sealants and adhesives products. Increasing need to manage blood loss in patients and easy adoption due to the FDA and CE Marking approval in surgical sealants and adhesive products are the other factors driving the growth of the surgical sealants and adhesives market.

TECHNOLOGICAL ADVANCEMENTS

Manufacturers are continuously enhancing its features due to the array of technological advancements taking place to make the product more updated, advanced, and less time consuming. Enhancing advanced technologies in respect of safety and quick recovery results along with reliable and noteworthy outcomes will fuel up the growth of this market.

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GROWING NUMBER OF SURGICAL PROCEDURES

The surgical sealants and adhesives are widely used due to its key characteristics such as easy to use, faster implementation, minimizes the risk of infections, and many more. Companies are increasingly investing in research and development of surgical sealants and adhesives in order to cater the rising need for these products for surgical procedures.

INCREASING NEED TO MANAGE BLOOD LOSS IN PATIENTS AND EASY ADOPTION DUE TO THE FDA AND CE MARKING APPROVAL IN SURGICAL SEALANTS AND ADHESIVES MARKET

The surgical sealants and adhesives market is expected to show significant growth in the coming years, due to increasing need to manage blood loss in patients and easy adoption due to the FDA and CE Marking. These approvals have increased the acceptance of the product in the market and encouraged the authorized medical device manufacturers for securing the approvals as well as maintaining the regulatory compliance.

• No of Report pages : 350

Key Drivers :
Some of the major factors driving the market for surgical sealants and adhesives market are growing number of surgical procedures and technological advancements. These factors increase the demand for surgical sealants and adhesives market. Increasing need to manage blood loss in patients, and easy adoption due to the FDA and CE marking approval in surgical sealants and adhesive products are the other major factors driving the growth of the surgical sealants and adhesives market.

• High cost of surgical sealants and adhesives products is the factor which may hinder the growth of this market
• Many companies are increasingly focusing on focusing on novel biomaterial along with the new properties in order to strengthen their product portfolios in the surgical sealants and adhesives market
• Improving healthcare system in emerging market will drive the market in future

Customize report of " Global Surgical Sealents and Adhesives Market " as per customers requirement also available.

Major Players:

Some of the major players operating in this market are

• Baxter,
• Medtronic,
• Johnson & Johnson Services Inc.,
• C.R. Bard, Inc.,
• Cryolife, Inc.,
• B. Braun Melsungen AG,
• Ethicon LLC.,
• Vivostat A/S,
• Integra LifeSciences Corporation,
• Cohera Medical, Inc.,
• OCULAR THERAPEUTIX, INC.,
• Sealantis Ltd.,
• Cardinal Health
• among others.

• No of Figures: 60

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Market Segmentations in Details:

The global surgical sealants and adhesives market is segmented on the basis of
• product type,
• application,
• indication,
• distribution channel,
• end user,
• geography.

The global surgical sealants and adhesives market is segmented into 2 types
• natural/biological sealants and adhesives,
• synthetic and semi-synthetic sealants and adhesives.
In 2017, the natural/biological sealants and adhesives segment is expected to dominate the market with a share of 62.3% and is expected to continue this trend till 2024.

On the basis of application, the global surgical sealants and adhesives market is segmented into central nervous system (CNS) surgeries, general surgeries, cardiovascular surgeries orthopedic surgeries, cosmetic surgeries, urological surgeries, and others.

On the basis of indication, the global surgical sealants and adhesives market is classified into surgical hemostasis, tissue sealing, and tissue engineering.
On the basis of distribution channel, the global surgical sealants and adhesives market is segmented into direct tenders, and retail.

On the basis of end users, the global surgical sealants and adhesives market is classified into hospitals, clinics, ambulatory centers, community healthcare and others. In 2017, the hospital segment is expected to dominate the market and is expected to continue this trend till 2024.

• No of Tables:250

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Data Bridge Market Research
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