Surgical Sealants and Adhesives Market Research Report 2017-2023

Surgical Sealants and Adhesives Market Overview:

Surgical sealant is used during or after a surgery to avoid surgical complications such as air, blood, and fluid leaks. Surgical sealants and adhesives are available in the form of films and foams, and aid by creating a hemostatic layer, which stops the blood and air leakage from the targeted area. The global surgical sealants and adhesives market was valued at $1,993 million in 2016, and is expected to reach $3,794 million by 2023, registering a CAGR of 9.7% from 2017 to 2023.

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The growth of the surgical sealants and adhesives market is driven by rise in geriatric population and increase in awareness towards the potential benefits of surgical sealants in surgical procedures. However, high cost associated with surgical sealants and the availability of replacements for surgical adhesives and sealants hinder the growth of this market. For instance, minimally invasive surgery is an alternative, as this procedure only needs a small incision for the operation to be performed, thus eliminating the complications associated with bleeding and air leakage. Conversely, the introduction of novel surgical sealants and adhesives is expected to create lucrative opportunities for the market.

Product Segment Review

On the basis of product, the market is bifurcated into natural/biological surgical sealants & adhesives and synthetic & semisynthetic surgical sealants and adhesives. Natural surgical sealants and adhesive agents are more commonly used, as these products are easily available and cheaper as compared to synthetic ones.

Indication Segment Review

Based on indication, the surgical sealants and adhesives market is fragmented into tissue sealing & hemostasis and tissue engineering. Surgical sealants and adhesives for tissue engineering is expected to grow at the highest CAGR, due to increase in number of cosmetic surgeries conducted worldwide and high demand for these types of sealants and adhesives in case of burns and traumatic injuries.

Global Surgical Sealants and Adhesives Market: Key Geographical Segment

Region wise, the surgical sealants and adhesives market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest market share in the surgical sealants and adhesives market in 2016, and is expected to retain its dominance throughout the forecast period.

The key players operating in the global surgical sealants and adhesives market include Baxter International Inc., B. Braun Melsungen AG, Cohera Medical, Inc., CryoLife Inc., C.R. Bard Inc., CSL Limited (CSL Behring), Johnson & Johnson (Ethicon, Inc.), Ocular Therapeutix Inc., Sanofi, and Sealantis Ltd.

Other prominent players in the value chain include Vivostat A/S, Medtronic Plc, Mallinckrodt Plc, Cardinal Health, Integra LifeSciences Holdings Corporation, and LifeBond Ltd.

Key Benefits for Stakeholders

• This report entails a detailed quantitative analysis of the current market trends from 2016 to 2023 to identify the prevailing opportunities.
• Market estimations are based on comprehensive analysis of the key developments in the industry.
• The global market is comprehensively analyzed with respect to product, indication, application, end user, and region.
• In-depth analysis based on geography assists to understand the regional market.
• The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.

Surgical Sealants And Adhesives Market Key Segments:

By Product

• Natural/Biological Sealants and Adhesives
  • By Type
    • Polypeptide/Protein-based Sealants and Adhesives
      • Fibrin Based
      • Collagen Based
      • Gelatin Based
      • Albumin Based
    • Polysaccharide-based Sealants and Adhesives
      • Chitosan Based
      • Other Polysaccharide Based
  • By Origin
    • Human Blood Based
    • Animal Based
    • Plant Based
• Synthetic & Semisynthetic Sealants and Adhesives
  • Cyanoacrylates
  • Polyethylene Glycol-based Hydrogel
  • Urethane-based Adhesives
  • Other Synthetic Sealants and Adhesives

By Indication

• Tissue Sealing and Hemostasis
• Tissue Engineering

By Application

• Central Nervous System (CNS) Surgeries
• General Surgeries
• Cardiovascular Surgeries
• Orthopedic Surgeries
• Cosmetic Surgeries
• Ophthalmic Surgeries
• Urological Surgeries
• Pulmonary Surgeries
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
• LAMEA
  • Brazil
  • Saudi Arabia
  • Republic of South Africa
  • Rest of LAMEA