Surgical Sealants and Adhesives Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Product ; By Indication ; By Application ; By End User ; By Region

Description

Global Surgical Sealants and Adhesives Market Size Set to Touch USD 11.29 Billion by 2029.

Global surgical sealants and adhesives market is flourishing because of an increasing need for effective blood loss management in patients, growing usage of technologically advanced products, and rising prevalence of cardiovascular disorders.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global surgical sealants and adhesives market size at USD 2.59 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global surgical sealants and adhesives market size to grow at a significant CAGR of 11.29% reaching a value of USD 11.29 billion by 2029. Major growth drivers for the global surgical sealants and adhesives market include an increasing number of surgical procedures, advancements in medical technology, and the growing demand for effective wound closure and tissue repair solutions. The growing concerns regarding the reduction of surgical wounds and an escalating demand for surgical services are expected to further drive the global market. The quantity of surgeries conducted worldwide has experienced a substantial rise, as the World Health Organization (WHO) estimates that around 235 million major surgical procedures take place annually. Surgical interventions inherently entail the potential risks of wound infections, excessive bleeding, and tissue damage. Patients diagnosed with diabetes are particularly advised to exercise heightened caution, as they possess a notably elevated susceptibility to complications during both the surgical procedure and the postoperative phase. Also, as the volume of surgeries is increasing, extensive R&D activities focused on the widening applications of surgical sealants and adhesives are also rising. Traditional alternatives to surgical sealants are sutures and staples, which are expected to be replaced by surgical sealants and adhesives owing to their better wound closure capabilities with minimal blood loss. The sealants facilitate less painful operations and do not need removal. Hence, such aspects are expected to boost the expansion of the global surgical sealants and adhesives market during the forecast period. However, the factors like high costs associated with surgical sealants and adhesives and availability of alternative options are anticipated to restrain the global surgical sealants and adhesives market growth during the period in analysis.

Global Surgical Sealants and Adhesives Market - Overview:

The global surgical sealants and adhesives market refers to the industry encompassing the production, distribution, and utilization of medical products designed to facilitate the closure and sealing of surgical wounds. Surgical sealants and adhesives are specialized materials applied during surgical procedures to effectively close incisions, prevent leaks or bleeding, and promote the healing process. These products offer an alternative to traditional methods such as sutures and staples, and are designed to provide secure and durable closure, minimize post-operative complications, and enhance patient comfort. The market includes a range of sealant and adhesive options, each with specific properties and applications, catering to various surgical specialties and clinical needs. The global surgical sealants and adhesives market involves manufacturers, healthcare providers, and regulatory authorities operating within a dynamic and evolving healthcare landscape.

Impact of COVID-19 on Global Surgical Sealants and Adhesives Market:

COVID-19 pandemic adversely affected the global surgical sealants and adhesives market. The healthcare systems worldwide experienced disruptions, with a focus on managing the pandemic, leading to a decrease in elective surgeries and non-essential medical procedures. This decline in surgical procedures directly affected the demand for surgical sealants and adhesives. Additionally, supply chain disruptions and restrictions on trade and transportation impeded the production and distribution of these products. However, as healthcare systems recovered and surgeries resumed, the Global Surgical Sealants and Adhesives Market experienced a rebound. The emphasis on infection control and patient safety post-pandemic further drove the adoption of surgical sealants and adhesives in surgical settings. The market responded positively to the renewed demand, as healthcare providers recognized the importance of these products in ensuring effective wound closure and reducing the risk of complications. The industry adapted to the new normal, with manufacturers and suppliers adjusting their operations to meet the increased requirements. As a result, the market witnessed a recovery and continued growth in response to the evolving healthcare landscape.

Global Surgical Sealants and Adhesives Market - By Application:

Based on application, the global surgical sealants and adhesives market is divided into Central Nervous System Surgery, Cardiovascular Surgery, General Surgery, Orthopedic Surgery, Cosmetic Surgery, Pulmonary Surgery, Urology Surgery, and Ophthalmology Surgery segments. Cosmetic surgery holds the highest share in the Global Surgical Sealants and Adhesives Market. The demand for cosmetic procedures has been steadily increasing worldwide, driven by factors such as changing beauty standards and the desire for aesthetic enhancement. As cosmetic surgeries involve elective procedures, they are less impacted by external factors like insurance coverage or reimbursement policies. Also, cosmetic surgeries often require precise incision closure and optimal wound healing to achieve desirable aesthetic outcomes. Surgical sealants and adhesives play a crucial role in ensuring effective wound closure, reducing scarring, and enhancing postoperative recovery. The prominence of cosmetic surgery in the market is thus influenced by the growing demand for aesthetic procedures and the need for advanced wound closure solutions in this field.

Competitive Landscape:

Major players operating in the global surgical sealants and adhesives market include: B. Braun Melsungen AG, Ocular Therapeutix Inc., Sealantis Ltd., CryoLife, Inc., CSL Limited, Becton & Dickinson, Johnson & Johnson, Baxter International, Integra Lifesciences Corporation, Sanofi SA, Medline Industries Inc., Vivostat A/S, Cardinal Health Inc., Medtronic PLC, and Terumo Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Surgical Sealants and Adhesives Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Surgical Sealants and Adhesives Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23639

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Surgical Sealants and Adhesives Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rise in prevalence of cardiovascular disorders
  - 3.2.1.2. Growing need for effective blood loss management in patients
  - 3.2.1.3. Increasing usage of technologically advanced products
- 3.2.2. Restraints
  - 3.2.2.1. High costs associated with surgical sealants and adhesives
  - 3.2.2.2. Availability of alternative options
- 3.2.3. Opportunities
  - 3.2.3.1. Improving healthcare system in emerging markets
  - 3.2.3.2. Rising prominence of adhesive dentistry
- 3.2.4. Challenges
  - 3.2.4.1. Fluctuations in the prices of raw materials
  - 3.2.4.2. Development of novel biomaterials
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Surgical Sealants and Adhesives Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share and Forecast
- 4.2.1. By Product
  - 4.2.1.1. Natural/Biological Adhesives and Sealants
  - 4.2.1.1.1. Fibrin Sealants
  - 4.2.1.1.2. Collagen Based Adhesives
  - 4.2.1.1.3. Gelatin Based Adhesives
  - 4.2.1.2. Synthetic & Semi Synthetic Adhesives and Sealants
  - 4.2.1.2.1. Cyanoacrylates
  - 4.2.1.2.2. Polymeric Hydrogels
  - 4.2.1.2.3. Urethane Based Adhesives
- 4.2.2. By Indication
  - 4.2.2.1. Tissue Sealing
  - 4.2.2.2. Surgical Hemostasis
  - 4.2.2.3. Tissue Engineering
- 4.2.3. By Application
  - 4.2.3.1. Central Nervous System Surgery
  - 4.2.3.2. Cardiovascular Surgery
  - 4.2.3.3. General Surgery
  - 4.2.3.4. Orthopedic Surgery
  - 4.2.3.5. Cosmetic Surgery
  - 4.2.3.6. Pulmonary Surgery
  - 4.2.3.7. Urology Surgery
  - 4.2.3.8. Ophthalmology Surgery
  - 4.2.3.9. Others
- 4.2.4. By End User
  - 4.2.4.1. Hospitals
  - 4.2.4.2. Clinics
  - 4.2.4.3. Others
- 4.2.5. By Region
  - 4.2.5.1. North America
  - 4.2.5.2. Europe
  - 4.2.5.3. Asia Pacific (APAC)
  - 4.2.5.4. Latin America (LATAM)
  - 4.2.5.5. Middle East and Africa (MEA)

5. North America Surgical Sealants and Adhesives Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.2. By Indication
- 5.2.3. By Application
- 5.2.4. By End User
- 5.2.5. By Country
  - 5.2.5.1. United States
  - 5.2.5.1.1. By Product
  - 5.2.5.1.2. By Indication
  - 5.2.5.1.3. By Application
  - 5.2.5.1.4. By End User
  - 5.2.5.2. Canada
  - 5.2.5.2.1. By Product
  - 5.2.5.2.2. By Indication
  - 5.2.5.2.3. By Application
  - 5.2.5.2.4. By End User

6. Europe Surgical Sealants and Adhesives Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Indication
- 6.2.3. By Application
- 6.2.4. By End User
- 6.2.5. By Country
  - 6.2.5.1. Germany
  - 6.2.5.1.1. By Product
  - 6.2.5.1.2. By Indication
  - 6.2.5.1.3. By Application
  - 6.2.5.1.4. By End User
  - 6.2.5.2. United Kingdom
  - 6.2.5.2.1. By Product
  - 6.2.5.2.2. By Indication
  - 6.2.5.2.3. By Application
  - 6.2.5.2.4. By End User
  - 6.2.5.3. Italy
  - 6.2.5.3.1. By Product
  - 6.2.5.3.2. By Indication
  - 6.2.5.3.3. By Application
  - 6.2.5.3.4. By End User
  - 6.2.5.4. France
  - 6.2.5.4.1. By Product
  - 6.2.5.4.2. By Indication
  - 6.2.5.4.3. By Application
  - 6.2.5.4.4. By End User
  - 6.2.5.5. Spain
  - 6.2.5.5.1. By Product
  - 6.2.5.5.2. By Indication
  - 6.2.5.5.3. By Application
  - 6.2.5.5.4. By End User
  - 6.2.5.6. Belgium
  - 6.2.5.6.1. By Product
  - 6.2.5.6.2. By Indication
  - 6.2.5.6.3. By Application
  - 6.2.5.6.4. By End User
  - 6.2.5.7. Russia
  - 6.2.5.7.1. By Product
  - 6.2.5.7.2. By Indication
  - 6.2.5.7.3. By Application
  - 6.2.5.7.4. By End User
  - 6.2.5.8. The Netherlands
  - 6.2.5.8.1. By Product
  - 6.2.5.8.2. By Indication
  - 6.2.5.8.3. By Application
  - 6.2.5.8.4. By End User
  - 6.2.5.9. Rest of Europe
  - 6.2.5.9.1. By Product
  - 6.2.5.9.2. By Indication
  - 6.2.5.9.3. By Application
  - 6.2.5.9.4. By End User

7. Asia-Pacific Surgical Sealants and Adhesives Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Indication
- 7.2.3. By Application
- 7.2.4. By End User
- 7.2.5. By Country
  - 7.2.5.1. China
  - 7.2.5.1.1. By Product
  - 7.2.5.1.2. By Indication
  - 7.2.5.1.3. By Application
  - 7.2.5.1.4. By End User
  - 7.2.5.2. India
  - 7.2.5.2.1. By Product
  - 7.2.5.2.2. By Indication
  - 7.2.5.2.3. By Application
  - 7.2.5.2.4. By End User
  - 7.2.5.3. Japan
  - 7.2.5.3.1. By Product
  - 7.2.5.3.2. By Indication
  - 7.2.5.3.3. By Application
  - 7.2.5.3.4. By End User
  - 7.2.5.4. South Korea
  - 7.2.5.4.1. By Product
  - 7.2.5.4.2. By Indication
  - 7.2.5.4.3. By Application
  - 7.2.5.4.4. By End User
  - 7.2.5.5. Australia & New Zealand
  - 7.2.5.5.1. By Product
  - 7.2.5.5.2. By Indication
  - 7.2.5.5.3. By Application
  - 7.2.5.5.4. By End User
  - 7.2.5.6. Indonesia
  - 7.2.5.6.1. By Product
  - 7.2.5.6.2. By Indication
  - 7.2.5.6.3. By Application
  - 7.2.5.6.4. By End User
  - 7.2.5.7. Malaysia
  - 7.2.5.7.1. By Product
  - 7.2.5.7.2. By Indication
  - 7.2.5.7.3. By Application
  - 7.2.5.7.4. By End User
  - 7.2.5.8. Singapore
  - 7.2.5.8.1. By Product
  - 7.2.5.8.2. By Indication
  - 7.2.5.8.3. By Application
  - 7.2.5.8.4. By End User
  - 7.2.5.9. Vietnam
  - 7.2.5.9.1. By Product
  - 7.2.5.9.2. By Indication
  - 7.2.5.9.3. By Application
  - 7.2.5.9.4. By End User
  - 7.2.5.10. Rest of APAC
  - 7.2.5.10.1. By Product
  - 7.2.5.10.2. By Indication
  - 7.2.5.10.3. By Application
  - 7.2.5.10.4. By End User

8. Latin America Surgical Sealants and Adhesives Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Indication
- 8.2.3. By Application
- 8.2.4. By End User
- 8.2.5. By Country
  - 8.2.5.1. Brazil
  - 8.2.5.1.1. By Product
  - 8.2.5.1.2. By Indication
  - 8.2.5.1.3. By Application
  - 8.2.5.1.4. By End User
  - 8.2.5.2. Mexico
  - 8.2.5.2.1. By Product
  - 8.2.5.2.2. By Indication
  - 8.2.5.2.3. By Application
  - 8.2.5.2.4. By End User
  - 8.2.5.3. Argentina
  - 8.2.5.3.1. By Product
  - 8.2.5.3.2. By Indication
  - 8.2.5.3.3. By Application
  - 8.2.5.3.4. By End User
  - 8.2.5.4. Peru
  - 8.2.5.4.1. By Product
  - 8.2.5.4.2. By Indication
  - 8.2.5.4.3. By Application
  - 8.2.5.4.4. By End User
  - 8.2.5.5. Rest of LATAM
  - 8.2.5.5.1. By Product
  - 8.2.5.5.2. By Indication
  - 8.2.5.5.3. By Application
  - 8.2.5.5.4. By End User

9. Middle East & Africa Surgical Sealants and Adhesives Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Indication
- 9.2.3. By Application
- 9.2.4. By End User
- 9.2.5. By Country
  - 9.2.5.1. Saudi Arabia
  - 9.2.5.1.1. By Product
  - 9.2.5.1.2. By Indication
  - 9.2.5.1.3. By Application
  - 9.2.5.1.4. By End User
  - 9.2.5.2. UAE
  - 9.2.5.2.1. By Product
  - 9.2.5.2.2. By Indication
  - 9.2.5.2.3. By Application
  - 9.2.5.2.4. By End User
  - 9.2.5.3. Qatar
  - 9.2.5.3.1. By Product
  - 9.2.5.3.2. By Indication
  - 9.2.5.3.3. By Application
  - 9.2.5.3.4. By End User
  - 9.2.5.4. Kuwait
  - 9.2.5.4.1. By Product
  - 9.2.5.4.2. By Indication
  - 9.2.5.4.3. By Application
  - 9.2.5.4.4. By End User
  - 9.2.5.5. South Africa
  - 9.2.5.5.1. By Product
  - 9.2.5.5.2. By Indication
  - 9.2.5.5.3. By Application
  - 9.2.5.5.4. By End User
  - 9.2.5.6. Nigeria
  - 9.2.5.6.1. By Product
  - 9.2.5.6.2. By Indication
  - 9.2.5.6.3. By Application
  - 9.2.5.6.4. By End User
  - 9.2.5.7. Algeria
  - 9.2.5.7.1. By Product
  - 9.2.5.7.2. By Indication
  - 9.2.5.7.3. By Application
  - 9.2.5.7.4. By End User
  - 9.2.5.8. Rest of MEA
  - 9.2.5.8.1. By Product
  - 9.2.5.8.2. By Indication
  - 9.2.5.8.3. By Application
  - 9.2.5.8.4. By End User

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Surgical Sealants and Adhesives Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Surgical Sealants and Adhesives Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. B. Braun Melsungen AG
12.2. Ocular Therapeutix Inc.
12.3. Sealantis Ltd.
12.4. CryoLife, Inc.
12.5. CSL Limited
12.6. Becton & Dickinson
12.7. Johnson & Johnson
12.8. Baxter International
12.9. Integra Lifesciences Corporation
12.10. Sanofi SA
12.11. Medline Industries Inc.
12.12. Vivostat A/S
12.13. Cardinal Health Inc.
12.14. Medtronic PLC
12.15. Terumo Corporation
12.16. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations