According to the current analysis of Reports and Data, the global surgical sealants & adhesives market was valued at USD 1,984.4 Million in 2020 and is expected to reach USD 3,614.2 Million by 2028, at a CAGR of 7.70%.
According to the current analysis of Reports and Data, the global surgical sealants & adhesives market was valued at USD 1,984.4 Million in 2020 and is expected to reach USD 3,614.2 Million by 2028, at a CAGR of 7.70%. The study covers different types of natural and synthetic sealants and adhesives used in surgical procedures. The rise in the number of surgical procedures across the world is due to various reasons such as, the increase in the diseases which potential risks to the human. Also, the number of accidents has increased across the world. The development initiatives conducted by the government particular regions also pave ways to the new healthcare systems. The medical practices have been advanced and surgical procedures involve sealants and adhesives which is the increasing choice around the world as these helps in the ease of the complex surgical practices. As the medical practices and healthcare systems are advancing the need for more research and development activities also becomes necessary and therefore, the government in many countries took initiatives and increase the funding’s towards the healthcare system. With the increase in population, the need for better and advanced medical procedures will also increase. Therefore, considering these driving factors the surgical sealants & adhesives market will witness potential growth in the future.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2068
Factors such as the elevated price of surgical procedures as well as machinery and tools will hamper the market growth of the business for surgical sealants and adhesives. Also, absence of knowledge of the society’s latest surgical procedures will also hamper the development of surgical sealants and adhesives on the market.
Further key findings from the report suggest
-
- Surgical sealants & adhesives market is growing at a CAGR of 9% in Asia Pacific followed by North America and Europe, with 9.7% and 9.6% CAGR, respectively. Increasing number of surgical procedure across the globe is the key factor to accelerate the market growth during forecast period across all regions
- As of 2018, Central nervous system is the dominating surgical sealants & adhesives application which holds 29% of the global market. North America market is the chief revenue generating source for this product segment, followed by Asia-Pacific and Europe regions
- Hospitals end use segment is expected to be the fastest growing market segment during forecast period 2019-2026 with a CAGR of 10.0%. However, availability of expert surgeons are major challenge for the market growth of this market segment
- Other Applications segment (that includes Pulmonary, Urology, Ophthalmology, Cosmetics) was valued at USD 293.5 million and is expected reach USD 617.25 million by 2026
- North America region is expected to account for the 31% of the global surgical sealants & adhesives market. The quick pace advancements in the surgical procedures and availability of professional surgeons will helps witness the market growth in the region.
- The risks associated with the surgeries such as infection of wound or bleeding and the complex procedures in some surgical procedures may hinder the market growth during the forecast period.
Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, mergers and acquisitions, collaborations, and joint ventures to gain a robust footing in the market.
Top Companies Profiled in the Report:
CryoLife, Inc., B. Braun Melsungen AG, Integra Lifesciences Holdings Corporation, Ethicon Inc., Baxter International, Inc., C. R. Bard, Inc., Medtronic PLC, Johnson & Johnson, Cohera Medical, and Sanofi Group
To know more about the report, visit @ https://www.reportsanddata.com/report-detail/surgical-sealants-and-adhesives-market
Surgical Sealants & Adhesives Market Segmentation:
By Type (Revenue in USD Million; Volume in Tons, 2018–2028)
- Fibrin
- Collagen Based
- Cyanoacrylates
- Polymeric Hydrogels
- Others
By Applications (Revenue in USD Million; Volume in Tons, 2018–2028)
- Central Nervous System
- Orthopedic
- Cardiovascular
- General Surgery
- Other Applications
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Ask for Customized Research Report @ https://www.reportsanddata.com/request-customization-form/2068
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
Explore Latest Trending Research Reports By Reports and Data:
Minimally Invasive Spinal Implant Market Size, Share And Industry Analysis By Device Type (Fusion Devices, Non-Fusion Devices, Spine Stimulation Devices), By Disease Type (Degenerative Disc Disease, Traumas & Fractures, Complex Deformity, Others), By End-Users (Hospitals, Clinics, Ambulatory Surgical Centers) And Region, Segment Forecasts To 2027
Mammography Market Size, Share And Industry Analysis By Product (Film Screen Systems, Digital Systems, Analog Systems, Biopsy Systems and 3D Systems), By Technology (Breast Tomosynthesis, Analog Mammography, Digital Mammography, Others), By Usage (Screening, Diagnostic), By End Use And Region Forecasts to 2028
Implantable Ports Market Size, Share And Industry Analysis By Product Type (Single-Lumen Implantable Port, Double-Lumen Implantable Port), By Material Type (Polyurethane, Polyethylene, Silicone, Others), By Application (Chemotherapy, Blood Transfusion, Antibiotics, Intravenous Fluids, Others), By End-Users (Hospitals, Clinics, Ambulatory Surgical Centers, Others) And Region, Segment Forecasts To 2027
Pigmentation Disorders Market Analysis, By Treatment (Chemical Peels, Microdermabrasion, Drugs), By Disease Condition (Acne Vulgaris, Vitiligo), By End Use (Dermatology Centers, Hospitals) Forecasts To 2026
Port Needles Market Size, Share And Industry Analysis By Product Type (Winged Port Needles, Angled Port Needles, Straight Port Needles), By Application (Blood Transfusions, Cancer Treatment, Parental Nutrition, Other), By End-Users (Hospitals, Clinics, Ambulatory Surgical Centers, Others) And Region, Segment Forecasts To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problem provide our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs