Chemical and Materials

Global Surgical Sealants and Adhesives Market Recent Study Including Growth Factors CAGR of 10.20 % by 2026

Businesses can achieve practical and enduring results which are driven by accurate and timely research. Surgical Sealants and Adhesives Market report evaluates the growth rate and the market value based on market dynamics and growth inducing factors. It also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the Chemical and Material industry. Global Surgical Sealants and Adhesives Market report provides in-depth market data and forecast by analyzing key business trends and identifying potential growth avenues across the entire value chain. This Surgical Sealants and Adhesives Market has been formed with the vigilant efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters.

Global surgical sealants and adhesives market is registering a healthy CAGR of 10.20% in the forecast period of 2019-2026.

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Market Definition: Global Surgical Sealants and Adhesives Market

Surgical sealants are used in surgical incision during invasive processes to avoid fluid leakage. They are most frequently used to achieve mechanical hemostasis in vascular reconstruction.  In addition, surgical sealants are also used to replace anastomoses, suture line, substitute aortic root, and avoid arterial & venous bleeding. Most commercial sealants are biodegradable, biocompatible, and flexible. Surgical sealants may be either natural or synthetic, or a mixture of both.

Market Drivers

  • Increasing surgical procedure globally is driving the market growth
  • Continuous advancement in technology is helping the market to grow
  • Surging preference for surgical sealants and adhesives is flourishing the market growth
  • CE Mark and FDA approval drives the market growth

Market Restraints

  • High cost associated with surgical sealants hinders the growth of the market
  • Availability of alternatives for surgical adhesives hampers the market growth

Detailed of TOC @ 

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Segmentation: Global Surgical Sealants and Adhesives Market

By Product

  • Natural/Biological Sealants and Adhesives
    • 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
    • Natural/Biological Sealants and Adhesives, By Origin
      • Human Blood Based
      • Animal Based
  • Synthetic and Semisynthetic Sealants and Adhesives
    • Cyanoacrylates
    • Polyethylene Gylcol Based Hydrogel
    • Urethane-Based Adhesives
    • Other Synthetic Sealants and Adhesives

By Indication

  • Surgical Hemostasis
  • Tissue Sealing
  • Tissue Engineering

By Application

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

Recent Developments:

1. In October, 2016, FDA approved an expanded indication for EVARREST Fibrin Sealant Patch, which leverages biologics Fastly and would stop problematic bleeding while surgery and would help the surgeons during surgeries.

Baxter:

Baxter was founded in 1931, by Donald Baxter and headquartered in Deerfield, Illinois, U.S. Baxter is a leader in hemostats, sealants, inhaled anaesthetics and also consists of different devices and pharmaceuticals in other areas of surgical and critical care. The company focuses on products in order to treat kidney disease, immune disorders, hemophilia and chronic medical conditions. Baxter International Inc.

Cryolife, Inc.:

Founded in 1984, and headquartered at Georgia, United States. Cryolife, Inc. is engaged in the development, manufacturing and distribution of medical device and implantable living human tissues for use in cardiac and vascular surgeries, surgical adhesives and sealants, cardiac lasers and implantables.

Key Developments in the Market:

  • In September 2017, Cohera Medical Inc. had signed an agreement with Terumo Corporation for Sylys Surgical Sealant. This agreement will allow Terumo Corporation rights to market Sylys in Japan. This agreement will expand the market share of both the companies
  • In November 2016, Johnson & Johnson Services, Inc. had launched it new FDA-approved tool, Evarrest Fibrin Sealant Patch. It helps the surgeons and doctors to stop the bleeding of the patient at the time of surgery. This launch will expand the product portfolio of the company and surge the market share of the company

Competitive Analysis:

Global surgical sealants and adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of surgical sealants and adhesives market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Competitive Analysis:

Global synthetic lubricants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of synthetic lubricants market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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