PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490292
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490292
Dural Adhesive Agent for Surgical Market size was valued at USD 198.2 Million in 2023, expanding at a CAGR of 6.00% from 2024 to 2032.
The dural adhesive agent for the surgical market specializes in products used during surgery to close and stick tissues in the dura mater, the protective membrane surrounding the brain and spinal cord. These adhesive vendors play a vital role in neurosurgery by preventing cerebrospinal fluid leakage and aiding in proper healing post-surgery. The market consists of various types of adhesive products such as Polyethylene glycol and Fibrin Glue, which are essential in achieving successful results in cranial and spinal surgeries.
Dural Adhesive Agent for Surgical Market- Market Dynamics
Rising Aging Population, New Products, Technology, Minimally Invasive Operations, and Patient Outcomes are Driving The Market Growth
Market growth in the dural adhesive agent for the surgical market is driven by factors such as the rising use of minimally invasive surgical techniques that rely on specific adhesive products for proper tissue sealing. The focus on improving patient outcomes and decreasing postoperative complications also adds to the need for high-quality dural adhesive products. Moreover, the growing number of elderly people worldwide, who are more prone to neurological disorders requiring surgical procedures, is a significant factor contributing to market growth. Approval from regulators for new adhesive products, progress in biomaterial technology to improve adhesive properties, and the introduction of new software techniques continue to shape the expansion of the dural adhesive market.
Dural Adhesive Agent for Surgical Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.00% over the forecast period (2024-2032)
Based on Application segmentation, Cranial Surgery was predicted to show largest market share in the year 2023
Based on Type segmentation, Polyethylene glycol has the highest market share in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Dural Adhesive Agent for Surgical Market is segmented on the basis of Application, Type, Form, and Region.
The market is divided into two categories based on Application: Cranial Surgery and Spinal Surgery. Cranial Surgery is the most prominent segment. Surgery on the head requires precise techniques on the brain, and the use of dural adhesive agents is important for sealing and protecting the dura mater. The need for effective adhesives in cranial surgeries is higher than in spinal surgeries because of the critical importance of brain procedures.
The market is divided into two categories based on Type: Polyethylene glycol and Others (Fibrin Glue). Polyethylene glycol holds the largest market share in the Dural Adhesive Agent for Surgical Market. Polyethylene glycol-based adhesive vendors are widely used in neurosurgical procedures for their strong bonding properties and compatibility with living tissues. Surgeons highly desire these adhesives for their strong sealing and bonding capabilities during cranial surgeries.
Dural Adhesive Agent for Surgical Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America dominates the market. It has a high incidence of neurological illnesses, including traumatic head injuries, brain tumors, and spinal cord injuries. The increasing prevalence of these disorders raises the necessity for neurosurgical procedures, such as the use of dural adhesive agents to repair dural abnormalities. North America, notably the United States and Canada, has a robust healthcare system with access to specialist medical treatments. Because of the abundance of neurosurgical institutes in North America and the high prevalence of neurological problems such as brain tumors, epilepsy, and cerebrovascular disease, brain surgery is relatively prevalent.
The Asia Pacific region is experiencing the highest rate of growth. The growth is the result of a wider range of surgical procedures, better healthcare facilities, and more awareness about the benefits of using dural adhesive products in neurosurgery. Furthermore, the growing scientific tourism sector in countries such as India and China also fuels the need for high-quality surgical goods, leading to the rapid growth of the market in the Asia Pacific region.
Multiple companies vie for market share by offering effective products in the competitive Dural Adhesive Agent for the Surgical Market. Prominent companies such as Baxter International, Johnson & Johnson, Covidien, and Integra LifeSciences hold significant importance in this industry. These companies concentrate on creating durable adhesive products that guarantee solid adhesion and sealing in neurosurgical uses. They put money into research and innovation to improve the quality and safety of their products, meeting the unique requirements of surgeons and patients in the field of surgery.
In January 2024, Ambrx Biopharma, a clinical-stage biopharmaceutical business, was acquired by Johnson & Johnson (J&J), in a deal estimated to be worth $2 billion. Ambrx is a leader in the creation and development of next-generation antibody-drug conjugates (ADCs) using a patented synthetic biology technology platform.
GLOBAL DURAL ADHESIVE AGENT FOR SURGICAL MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Integra LifeSciences Corporation
Covidien (Medtronic)
Baxter
Johnson & Johnson MedTech
Others