0

Surgical Sealants and Adhesives Market Expected to Reach $5,165.2 million by 2030 | CAGR of 6.7%

 
2022
Surgical Sealants and Adhesives Market

Report Code : A00896

quote Alarming rise in prevalence of cosmetic surgeries, advancements in surgical sealants &adhesives, rise in government & private funds for development of healthcare sectors, and increase in number of surgical procedures are expected to notably contribute toward the growth of the global Surgical Sealants and Adhesives Market during the forecast period. quote

Onkar Sumant
Manager, Healthcare at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, Surgical Sealants and Adhesives Market by Product Type, Indication, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030," the Surgical Sealants and Adhesives Market size was valued at $5,165.2 million by 2030, growing at a CAGR of 6.7% from 2021 to 2030.

Adhesives and sealants are used during surgical procedures to reinforce surgical wounds, repair injured tissues, or even replace common suturing techniques. These products can be used as adjuncts to sutures to prevent air and liquid leakages. They can be developed naturally or synthetically, and are used to generate three-dimensional networks, which bind to the target tissues and act as sealants, hemostats, or adhesives. On an average, almost 114 million surgical and procedure-based wounds occur annually across the globe.

Factors that drive the growth of the global Surgical Sealants and Adhesives Market include increase in number of cardiac surgeries and rise in concerns to decrease surgical injuries. Furthermore, as per the iData Research, approximately 13 million laparoscopic surgeries are performed globally every year.  Further, the FDA aims to enhance availability of appropriate, reliable, and accurate surgical sealants & adhesives to meet public health needs and increase access to treatments for consumers.

Moreover, development of pharmaceutical & medical device industries and improvement in healthcare spending are anticipated to drive the growth of the Surgical Sealants and Adhesives Market. In addition, increase in demand for performing surgeries led to development of innovative instruments in the healthcare sector, thereby propelling growth of the market.

Moreover, initiatives taken by governments for development of surgical products and healthcare sector for manufacturing of surgical sealants & adhesives are the key factors that boost the growth of the market. Furthermore, surge in geriatric population, who are more vulnerable to chronic and cardiovascular disease led to increase in number of surgeries propel the growth of the surgical sealants and adhesives market.

Surgery is known as the best cure for various types of diseases. The prevalence of cardiovascular diseases in China has been increasing continuously. As per the report published in the Journal of Geriatric Cardiology by Li-Yuan Ma,  in China, in 2020, over 290 million individuals suffered from cardiovascular diseases and nearly 2 out of every 5 fatalities occurred as a result of CVD . Therefore, rise in number of cardiovascular diseases results in increase in number of surgeries. This has led to increase in usage of surgical sealants & adhesives that boosts the growth of the market. Geriatric population is at high risk of suffering from cardiovascular diseases, increasing the demand for surgical interventions. Thus, rise in geriatric population is expected to drive the substantial growth of the surgical sealants and adhesives market during forecast period.

The global Surgical Sealants and Adhesives Market is segmented on the basis of type, usage, material, end user, and region. On the basis of type, the market is divided into hemostat clamps, aortic vascular clamps, bulldog forceps, needle holder, and others.  The hemostat clamps segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to increase in number of cardiac surgeries, advancements in R&D activities in pharmaceutical & medical device industries, and surge in adoption of surgical sealants & adhesives instruments.

Depending on product, the market is bifurcated into natural/biological sealants & adhesives and synthetic/semisynthetic sealants & adhesives. Natural/biological sealants & adhesives segment  is classified into type and origin. According to indication, the market is fragmented into surgical hemostasis & tissue sealing and tissue engineering. As per application it is categorized into central nervous system (CNS) surgeries, general surgeries, cardiovascular surgeries, orthopedic surgeries, cosmetic surgeries, ophthalmic surgeries, urological surgeries, pulmonary surgeries, and others. Region wise, the surgical sealants and adhesives market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Region wise, North America accounted for a majority of the global Surgical Sealants and Adhesives Market share in 2020, and is anticipated to remain dominant during the forecast period. This is attributed to rise in prevalence of cardiovascular surgeries, increase in number of approvals for surgical sealants, presence of key players, and development in technology for healthcare. Asia-Pacific is anticipated to witness lucrative growth, owing to increase in laparoscopic surgeries, rise in number of geriatric populations, growth in healthcare expenditures, and rise in adoption of surgical sealants & adhesives product.

Key Findings Of The Study

  • By type, the natural biological sealants & adhesives segment was the highest contributor to the market in 2020.
  • On the basis of indication, the tissue sealing & hemostasis dominated the market in 2020, and is expected to continue this trend during the forecast period.
  • According to application, the cardiovascular surgeries segment dominated the surgical sealants and adhesives market in 2020, and is expected to continue this trend during the forecast period

North America accounted for a majority of the Surgical Sealants and Adhesives Market share in 2020, and is anticipated to remain dominant during the forecast period. This is attributed to rise in prevalence of orthopedic surgeries, presence of key players, development of the healthcare sector, presence of numerous surgical instruments, and advancement in surgical products in the region. Asia-Pacific is anticipated to witness lucrative growth, owing to increase in prevalence of various types of disorders such as cardiac diseases, improvement in healthcare infrastructure.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Surgical Sealants and Adhesives Market by Product Type (Natural Biological Sealants & Adhesives and Semi-Synthetic Sealants & Adhesives), Indication (Tissue Sealing & Hemostasis and Tissue Engineering), and Application (Central Nervous System, General Surgeries, Cardiovascular Surgeries, Cosmetic Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, Urological Surgeries, Pulmonary Surgeries, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Mar 2024

Hedge Fund Market

Download Sample
rep-img

Published Date Mar 2024

Family Office Market

Download Sample

Buy Full Version
"Surgical Sealants and Adhesives Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers