The Next-generation Surgical Glue Market size is anticipated to reach over USD 4.3 Billion by 2031, growing at a rate of 7.65% from 2022 to 2031.
Surgical glue is a polymer that is used to repair major as well as minor wounds, including, incisions made during laparoscopic surgery, lacerations, and wounds on the groin or in the face. The surgical glue is also known as “liquid stitches”, “tissue adhesive” or “2-octyl cyanoacrylate (DERMABOND)”. In addition, this glue has several benefits as compared to conventional staplers and surgical sutures which include less scarring, lower rates of infection, no stitches to remove, and lesser time in the operating room among others.
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Market Drivers and Trends
Some of the factors contributing to the growth of the next-generation surgical glue market are the rising number of traumatic injuries, the growing number of surgical procedures and burn cases, in couple with the increasing incidences of road accidents worldwide. In addition, the growing health awareness in addition to the high prevalence of several diseases which includes respiratory diseases, heart diseases, cancer, and skin diseases have augmented the opportunities for surgeries globally. For instance, as per the World Health Organization (WHO) report 2020, nearly 1.35 million people die every year due to road traffic crashes. In addition, nearly 20-50 million people experience non-fatal injuries, with many experiencing a disability as a result of their injury. Over 90% of the global fatalities on the roads happen in low and middle-income nations, although these nations have around three-fifths of the world’s vehicles. Therefore, the growing occurrence of diseases accompanied by road injury cases is anticipated to drive the next-generation surgical glue market growth.
Further, surgical glue is rapidly achieving clinical approval on the back of the growth in demand for cutting-edge hemostasis products for advancing surgical outcomes in diverse medical specialties. Major companies in the next-generation surgical glue market are orientated on enhancing the user-friendliness, efficacy, as well as safety of adhesives & sealants used for closing incisions in traumatic injuries. This, in turn, has led to the initiation of ergonomic designs in the next-gen surgical glue market.
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Further, the other factor boosting the growth of the Next-generation Surgical Glue Market is a rise in the prevalence of cardiovascular and orthopedic disorders. Besides, the growth of the Next-generation Surgical Glue Market is also attributed to the growing demand for high-performance and efficient surgical products globally. Increasing awareness regarding the benefits of the Next-generation Surgical Glue Market is expected to positively impact the revenue growth of the market over the forecast period.
In addition, developments in Next-generation Surgical Glue positively contribute to the growth of the Next-generation Surgical Glue Market. Further, the rising demand for Next-generation Surgical Glue from emerging economies to treat patients suffering from various diseases effectively is expected to cater to the growth of the Next-generation Surgical Glue industry. Furthermore, technological advancements in Next-generation Surgical Glue are anticipated to offer lucrative opportunities for the market players.
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Next-generation Surgical Glue Market Segments
By Type
- Natural
- Fibrin
- Collagen
- Gelatin
- Synthetic and Semi-Synthetic
- Cyanoacrylate
- Polymeric Hydrogel
- Urethane-based Adhesives
By Application
- Cardiovascular Surgery
- Orthopedic Surgery
- General Surgery
- Cosmetic Surgery
- Pulmonary Surgery
- Central Nervous System Surgery
- Others
By End-User
- Hospitals
- Ambulatory Surgical Centers
- Others
Major Players of the Next-generation Surgical Glue Market
The Next-generation Surgical Glue Market report includes players such as Grünenthal Group, Braun Melsungen AG, Becton, Dickinson, and Company, Baxter International Inc., Advanced Medical Solutions Group plc, Cardinal Health Inc., CryoLife Inc., Johnson & Johnson, Medtronic plc, and Integra LifeSciences Corporation.
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