The global surgical sealants and adhesives market size is expected to reach USD 5.4 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.4% from 2022 to 2030. Proper closure of injured tissues post-operation is a major step to restoring tissue’s structure and function. Postoperative leakages occur in 3% to 15% of cases and are considered serious complications. They are responsible for one-third of postoperative deaths in patients. Surgical sealants and adhesives are designed to improve patient outcomes by reducing the prospect of postsurgical complications, such as leakages, thus resulting in improved patient outcomes through the prevention of leakage and a decrease in length of stay and mortality rates.
Surgical Sealants And Adhesives Market Report Highlights
- North America held the largest revenue share in 2021 owing to the growing demand for high-quality healthcare in the region
- Asia Pacific is expected to observe lucrative growth over the forecast period due to the transformation of healthcare delivery systems into advanced value-based healthcare practices to establish a sustainable health system
- In the natural and biological adhesives and sealants type segment, the fibrin sealants segment accounted for the largest revenue share in 2021
- In the synthetic and semi-synthetic adhesives and sealants type segment, the cyanoacrylates segment is expected to register the fastest growth rate in the forecast period owing to its fast-drying properties, strong mechanical strength, and ease of adhesion
- Market participants combine a blend of both large public companies and more specialized small companies. These companies focus on only one segment or product. An example of such companies is Cohera Medical, Inc.
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The main purpose of surgical sealants and adhesives is to seal or repair tissue damaged by preventing air and liquid leakages, control bleeding, or approximate tissue, such as wound edges. They promote a fast, cosmetically appealing, cost-effective closure for surgical wounds. the characteristics of each sealant/adhesive are carefully engineered and optimized for specific conditions or indications and address the various surgical needs and properties of living tissues in the human body. There are many medical-grade types of glue, sealants, or adhesives available in the industry. The natural/biological sealants and adhesives segment held the largest revenue share. Natural or biological sealants and adhesives are further classified into fibrin, collagen-based, and gelatin-based. The synthetic and semi-synthetic sealants and adhesives segment is classified into cyanoacrylates, polymeric hydrogels, and urethane-based adhesives.
The rapid advancements in sealants and adhesives are major impact rendering drivers, and their usage in modern surgery to reduce anastomotic leakage has risen significantly. Surgical adhesive is expected to replace traditional surgical sealing agents such as sutures, wires, and staples. These are time taking, can result in further tissue trauma, and are hard to use in some surgical locations. Surgical sealants overcome these issues and create immediate and proper sealing, compared to sutures and staples. The factors contributing to the growth of the market are the rising demand for surgical services worldwide and increasing concerns to reduce postoperative wound infections. Surgical procedures are increasing worldwide, with the WHO estimations projecting surgeries to account for approximately 235 million per year globally.
Surgical Sealants And Adhesives Market Insights By Demographics
North America held the largest revenue share owing to the high-quality healthcare and modern medical technology in the region. Furthermore, the rising importance of surgical care in the public health policies in the U.S. is expected to positively contribute to the growth of the market. Asia Pacific is expected to witness significant growth over the forecast period because of the ongoing transformation of healthcare delivery systems into advanced value-based healthcare practices that create a sustainable health system.
Competitive Analysis By Major Companies
Market participants combine a blend of both large public companies and a large number of specialized companies focused on only one segment or product, often termed as “Pure Play” companies. Leading players are continuously implementing various strategies to attain a dominant market position. Some prominent players in the global surgical sealants and adhesives market include:
- Baxter International, Inc.
- CryoLife, Inc.
- R. Bard, Inc.
- Medtronic PLC
- Braun Melsungen AG
- Cohera Medical, Inc.
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Surgical Sealants And Adhesives Market Segmentation
Grand View Research has segmented the global surgical sealants and adhesives market on the basis of type, application, and region.
- Surgical Sealants And Adhesives Type Outlook (Revenue, USD Million, 2018 – 2030)
- Surgical Sealants And Adhesives Application Outlook (Revenue, USD Million, 2018 – 2030)
- Surgical Sealants And Adhesives Regional Outlook (Revenue, USD Million, 2018 – 2030)
- List of Key Players in Surgical Sealants And Adhesives Market
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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