Surgical Sealants and Adhesives Industry Overview
The global surgical sealants and adhesives market size was valued at USD 1.82 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.4% from 2022 to 2030. Sealants and adhesives have evolved to become useful accompaniments in modern surgical procedures. They are widely preferred because of their safety, efficacy, and usability in repairing injured tissues and supporting wounds obtained during surgery. The pandemic caused by COVID-19 across the globe resulted in nationwide lockdowns and exerted pressure on the healthcare settings. According to the list provided by the American College of Surgeons, all dental, medical, or surgical procedures that are nonessential and elective in nature were postponed, except for medical emergencies.
Factors contributing to the growth of this market are the rising demand for surgical services and increasing concerns to reduce surgical wounds. Globally, the number of surgeries being undertaken has increased significantly. According to the WHO estimations, approximately, 235 million major surgical procedures are undertaken worldwide every year. Surgical procedures are normally accompanied by the risk of wound infection, excessive bleeding, or tissue damage. In addition, patients suffering from diabetes need to be extra cautious as the chances of complications during and post-surgery are significantly higher in their case.
Gather more insights about the market drivers, restraints, and growth of the Global surgical sealants and adhesives market
As the volume of surgeries is increasing, extensive R&D activities focused on the widening applications of surgical sealants and adhesives are also rising. Traditional alternatives to surgical sealants are sutures and staples, which are expected to be replaced by surgical sealants and adhesives owing to their better wound closure capabilities with minimal blood loss. The sealants facilitate less painful operations and do not need removal. Currently, sealants are facing limited market growth owing to their high costs. In addition, strict regulatory approvals are creating substantial challenges in market growth.
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.
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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)
- Natural or Biological Adhesives and Sealants
- Synthetic and Semi-synthetic Adhesives and Sealants
Surgical Sealants And Adhesives Application Outlook (Revenue, USD Million, 2018 - 2030)
- Central Nervous System
- Cardiovascular
- General Surgery
- Orthopedic
- Pulmonary
- Urology
- Ophthalmology
- Others
Surgical Sealants And Adhesives Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Key Companies profiled:
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.
- Ethicon, Inc. [J&J]
- Mallinckrodt plc
- Cardinal Health
- Integra LifeSciences Holdings Corporation
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