Surgical Sealant Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029 The global market of surgical sealants and adhesives is forecasted to value over US$ 3.5 billion by the end of 2026 and grow at a CAGR of over 9.3%during the forecast period of 2019-2026. This study probes deeper into the given statistics and all the factors responsible for it as well as those which affect it in the near future, in reference to the various segmentations and aspects of the product and it's market therefore. Adhesives and surgical sealants used during medical procedures to fill surgical wounds, rebuild injured tissues, and replace and improve common stitching in medical practices. These products can be used as supplements to sutures to restrict any leakages. These can be manufactured naturally or synthetically, and are used to develop certain three-dimensional networks, which attach to the target tissues and act as adhesives. Sealants have evolved to useful aids in modern surgical procedures and are widely preferred given their efficacy, less stringent regulations, benefit in repairing injured tissues and growing need of quality healthcare. The most contributing factors in the upsurge of surgical sealants markets are the rise in geriatric population. This refers to the healthcare and well-being of the elderly, and since the healthcare issues are primarily rising in the preceding generation, they seek solutions for the same from the world of medicine. The rise in frequency of chronic diseases, and more awareness towards the advantages of using surgical adhesives also aids in the increase in demand and market growth. The rise in requirement is also owing to the upsurge in demand for tissue regeneration products in case of traumatic & burn injuries and rise in number of cosmetic surgeries. Furthermore, with the number of surgical procedures increasing globally, the adoption of technologically advanced products fuel the market’s reach. To elucidate further, major factors responsible for driving the expanse of the market are the presence of many hospitals, the heightening prevalence of lifestyle diseases such as obesity among the youth thus in such severe cases leading to surgeries. To cater to this multiplying demand, the Asia-Pacific region is predicted to witness the highest growth rate during the forecast period. This can be attributed to the mushroom investments by major players in these regions, rising health awareness, growing per capita income, increasing medical tourism, the presence of less stringent regulations, and growing demand for quality healthcare. The biological or natural surgical sealants and adhesive agents are preferred over their counterparts and thus more commonly used given that their abundance in availability and thus are inexpensive and sustainable. Fibrin sealants, which come under biological sealants accounted for the largest market share in 2015, as they are used widely in medical practices. These are used in thoracic, cardiovascular, orthopedic, neuro, and reconstructive surgeries. Furthermore, among other sealants, Fibrin is the only adhesive to receive FDA approval, expanding use to all the three categories. Under synthetic sealants, Cyanoacrylates is projected to record rapid growth in the forecast period owing to its quick effect and efficacy. Its strength lies in adhesiveness and mechanical use variability which make it very easy to be adopted into surgical practices worldwide. However, cyanoacrylates are registered to cause harmful side effects like intense inflammation, when exposed to external surfaces other than skin, thus limiting its use to internal surgeries. This limitation hinders its utilisation and slows market growth in this specific aspect. The Central Nervous System (CNS) Surgeries accounted for the major biggest market share in the 2016, given the global increase in central nervous system disorders. Sealants are preferred over traditional products such as wires, sutures, and staples in CNF surgeries as traditional sealant methods are difficult to apply in these surgeries. Thus the demand for sealants has increased drastically in CNF surgeries. On the other side, the segment of cardiovascular segments is estimated to soar at the highest growth rate in the forecast period. This is attributed to the increase in cardiovascular surgeries including heart surgeries and transplants has provided opportunity and room for the market's growth. North America was accounted to enjoy the largest market share in 2015- 2016, and is further expected to hold the same position throughout the forecast period. China is expected to emerge as a main market in the Asia-Pacific region during the forecast period. Asia-Pacific is witnessing the highest CAGR during the analysis period especially India and China. Increasing importance given to surgical care in public health policies in the U.S. is to have a positive effect. Another contributing factor here, is the local presence of major market players. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=9&page=requestsample Global Surgical Sealants and Adhesives Market: Restraints + Lack of reimbursements + High costs associated with clinical data requirements + Relatively lower disposable income The key players in the global market of surgical sealants and adhesives are Baxter International Inc., B. Braun Melsungen AG, Cohera Medical, Inc. Along with CryoLife Inc., C.R. Bard Inc., CSL Limited (CSL Behring), Johnson & Johnson (Ethicon, Inc.), Ocular Therapeutix Inc., Sanofi, and Sealantis Ltd. Other prominent players in the value chain include Vivostat A/S, Medtronic Plc, Mallinckrodt Plc, Cardinal Health, Integra LifeSciences Holdings Corporation, and LifeBond Ltd. These combine a blend of both huge public and specialized companies focused on a single segment/products. For instance, Cohera Medical, Inc.’s product portfolio focuses only on surgical sealants. The emergence of new players in the local market are expected increase competition. Continuous innovations by older firms help them maintain dominance in the market. Global Surgical Sealants and Adhesives Market, by Type: Biological Sealants > Type > Origin Synthetic Sealants Semi-Synthetic Sealants Global Surgical Sealants and Adhesives Market, by Application: Cardiovascular Surgeries Cosmetic Surgeries Central Nervous System (CNS) Surgeries Pulmonary Surgeries Urological Surgeries Orthopaedic Surgeries Ophthalmic Surgeries Other Global Surgical Sealants and Adhesives Market, by Indication: Tissue Sealing Tissue Engineering Hemostasis Global Surgical Sealants and Adhesives Market, by End User: Clinics Hospitals Maternity Centres Outpatient Centres Global Surgical Sealants and Adhesives Market, by Region: Europe North America APAC Latin America Rest of World Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=9&page=askfordiscount Competitive Landscape: Tier 1 players- established companies in the market with major market share Tier 2 players Emerging players which are growing rapidly New Entrants FutureWise Takeaways Growth prospects SWOT analysis Key Trends Key datapoints affecting market growth Objectives of the Study: To provide with an exhaustive analysis on the global surgical sealant and adhesives market on the basis of product, application, indication, end-user and region To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) To evaluate and forecast micro-markets and overall market To predict market size, in five key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions Profiling of companies to evaluate their market shares, strategies, financials and core competencies Table of Contents 1. Introduction 1.1. Scope and Objective 1.2. Assumptions and Acronyms 1.3. Forecast Factors 1.4. Research Methodology 2. Executive Summary 2.1. Industry Cluster Analysis 2.2. Competition Matrix 2.3. Strategies Recommendations 3. Market Definition 3.1. Report Scope (Inclusions & Exclusions) 3.2. Market Segmentation 4. Global Surgical Sealant Market Overview 4.1. Global Surgical Sealant Market Revenue (USD Mn) 5. Key Inclusions 5.1. Porter’s Five Force analysis 5.2. Market Dynamics 5.3. Industry Trends 5.4. Regulatory Guidelines 5.5. Opportunities in Surgical Sealant 6. Competition Dynamics 6.1. Company Share Analysis (2018) 6.2. Top 10 Product Pricing by Region 7. Global Surgical Sealant Market Revenue (USD Mn), 2018-2026 by Sealant Type 7.1. Key Market Findings 7.2. Long Term ROI Segments 7.3. Revenue Opportunity Influencing Factors 7.4. Market Revenue (USD Mn) Assessment and Forecast by Sealant Type, 20182026 7.4.1 Biological Sealants 7.4.2 Synthetic Sealants 7.4.3 Semi-SyntheticSealants 8. Global Surgical Sealant Market Revenue (USD Mn), 2018-2026 by Application 8.1. Key Market Findings 8.2. Long Term ROI Segments 8.3. Revenue Opportunity Influencing Factors 8.4. Market Revenue (USD Mn) Assessment and Forecast by Sealant Type, 20182026 8.4.1 VascularReconstruction 8.4.2 AorticRoot Replacements 8.4.3 SutureLine Replacements 8.4.4 Anastomoses 8.4.5 Others 9. Global Surgical Sealant Market Revenue (USD Mn), 2018-2026 by End User 9.1. Key Market Findings 9.2. Long Term ROI Segments 9.3. Revenue Opportunity Influencing Factors 9.4. Market Revenue (USD Mn) Assessment and Forecast by End User, 20182026 9.4.1 Clinics 9.4.2 Hospitals 9.4.3 MaternityCentres 9.4.4 Outpatientcentres 10. Global Surgical Sealant Market Revenue (USD Mn), 2018-2026 by Region 10.1.Key Market Findings 10.2.Long Term ROI Segments 10.3.Revenue Opportunity Influencing Factors 10.4.Market Revenue (USD Mn) Assessment and Forecast by Region,2026 10.4.1 North America 10.4.2 Latin America 10.4.3 Europe 10.4.4 Asia Pacific 10.4.5 Rest of world 11. North America Surgical Sealant Market Revenue (US$ Mn), 2018-2026 11.1. Key Market Findings 11.2. Long Term ROI Segments 11.3. Revenue Opportunity Influencing Factors 11.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 11.4.1 US 11.4.2 Canada 11.5. Market Revenue (USD Mn) Assessment and Forecast by Sealant Type, 2018-2026 11.5.3 BiologicalSealants 11.5.4 SyntheticSealants 11.5.5 Semi-SyntheticSealants 11.6. Market Revenue (USD Mn) Assessment and Forecast by Application, 2018-2026 11.6.6 VascularReconstruction 11.6.7 AorticRootReplacements 11.6.8 SutureLine Replacements 11.6.9 Anastomoses 11.6.10 Others 11.7. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 11.7.11 Clinics 11.7.12 Hospitals 11.7.13 MaternityCentres 11.7.14 Outpatientcentres 12. Latin America Surgical Sealant Market Revenue (US$ Mn), 2018-2026 12.1. Key Market Findings 12.2. Long Term ROI Segments 12.3. Revenue Opportunity Influencing Factors 12.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 12.4.1 Brazil 12.4.2 Mexico 12.4.3 Argentina 12.4.4 Rest of Latin America 12.5. Market Revenue (USD Mn) Assessment and Forecast by Sealant Type, 2018-2026 12.5.5 BiologicalSealants 12.5.6 SyntheticSealants 12.5.7 Semi-SyntheticSealants 12.6. Market Revenue (USD Mn) Assessment and Forecast by Application, 2018-2026 12.6.8 VascularReconstruction 12.6.9 AorticRootReplacements 12.6.10 SutureLine Replacements 12.6.11 Anastomoses 12.6.12 Others 12.7. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 12.7.13 Clinics 12.7.14 Hospitals 12.7.15 MaternityCentres 12.7.16 Outpatientcentres 13. Europe America Surgical Sealant Market Revenue (US$ Mn), 2018-2026 13.1. Key Market Findings 13.2. Long Term ROI Segments 13.3. Revenue Opportunity Influencing Factors 13.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 13.4.1 Germany 13.4.2 France 13.4.3 Spain 13.4.4 UK 13.4.5 Russia 13.4.6 Poland 13.4.7 Rest of Europe 13.5. Market Revenue (USD Mn) Assessment and Forecast by Sealant Type, 2018-2026 13.5.8 BiologicalSealants 13.5.9 SyntheticSealants 13.5.10 Semi-SyntheticSealants 13.6. Market Revenue (USD Mn) Assessment and Forecast by Application, 2018-2026 13.6.11 VascularReconstruction 13.6.12 AorticRootReplacements 13.6.13 SutureLine Replacements 13.6.14 Anastomoses 13.6.15 Others 13.7. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 13.7.16 Clinics 13.7.17 Hospitals 13.7.18 MaternityCentres 13.7.19 Outpatientcentres 14. Asia Pacific America Surgical Sealant Market Revenue (US$ Mn), 2018-2026 14.1. Key Market Findings 14.2. Long Term ROI Segments 14.3. Revenue Opportunity Influencing Factors 14.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 14.4.1 Emerging Asia 14.4.1.1 China 14.4.1.2 India 14.4.1.3 ASEAN-5 14.4.1.4 Rest of Emerging Asia 14.4.2 Japan 14.5. Market Revenue (USD Mn) Assessment and Forecast by Sealant Type, 2018-2026 14.5.3 BiologicalSealants 14.5.4 SyntheticSealants 14.5.5 Semi-SyntheticSealants 14.6. Market Revenue (USD Mn) Assessment and Forecast by Application, 2018-2026 14.6.6 VascularReconstruction 14.6.7 AorticRootReplacements 14.6.8 SutureLine Replacements 14.6.9 Anastomoses 14.6.10 Others 14.7. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 14.7.11 Clinics 14.7.12 Hospitals 14.7.13 MaternityCentres 14.7.14 Outpatientcentres 15. Rest of World America Surgical Sealant Market Revenue (US$ Mn), 2018-2026 15.1. Key Market Findings 15.2. Long Term ROI Segments 15.3. Revenue Opportunity Influencing Factors 15.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 15.4.1 Middle East 15.4.2 South Africa 15.4.3 North Africa 15.4.4 Rest of World 15.5. Market Revenue (USD Mn) Assessment and Forecast by Sealant Type, 2018-2026 15.5.5 BiologicalSealants 15.5.6 SyntheticSealants 15.5.7 Semi-SyntheticSealants 15.6. Market Revenue (USD Mn) Assessment and Forecast by Application, 2018-2026 15.6.8 VascularReconstruction 15.6.9 AorticRootReplacements 15.6.10 SutureLine Replacements 15.6.11 Anastomoses 15.6.12 Others 15.7. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 15.7.13 Clinics 15.7.14 Hospitals 15.7.15 MaternityCentres 15.7.16 Outpatientcentres 16. Company Profiles 16.1. Competition Landscape 16.2. Global Company Share (USD Mn) Overview, 2018 16.3. Company Profiles 16.3.1 Covidien Inc. 16.3.1.1 Corporate Overview 16.3.1.2 Financial Performance 16.3.1.3 Peer Comparison & 3C marketing equation 16.3.1.4 Company Strategy & Channel Management 16.3.2 Baxter Healthcare Corporation, Inc. 16.3.2.1 Corporate Overview 16.3.2.2 Financial Performance 16.3.2.3 Peer Comparison & 3C marketing equation 16.3.2.4 Company Strategy & Channel Management 16.3.3 Ethicon Inc. 16.3.3.1 Corporate Overview 16.3.3.2 Financial Performance 16.3.3.3 Peer Comparison & 3C marketing equation 16.3.3.4 Company Strategy & Channel Management 16.3.4 Mallinckrodt Pharmaceuticals 16.3.4.1 Corporate Overview 16.3.4.2 Financial Performance 16.3.4.3 Peer Comparison & 3C marketing equation 16.3.4.4 Company Strategy & Channel Management 16.3.5 Adhesys Medical GmbH 16.3.5.1 Corporate Overview 16.3.5.2 Financial Performance 16.3.5.3 Peer Comparison & 3C marketing equation 16.3.5.4 Company Strategy & Channel Management Research Sources & Primary Verbatim Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
The global market of surgical sealants and adhesives is forecasted to value over US$ 3.5 billion by the end of 2026 and grow at a CAGR of over 9.3%during the forecast period of 2019-2026. This study probes deeper into the given statistics and all the factors responsible for it as well as those which affect it in the near future, in reference to the various segmentations and aspects of the product and it's market therefore.
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