November 01, 2019
According to a latest study titled ‘Global Surgical Sealants and Adhesives Market, By Type (Natural - Fibrin, Collagen, Gelatin, Synthetic and Semi-Synthetic - Cyanoacrylates, Polyethylene Glycol), By Indication, By Application, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)-- By Indication (Surgical Hemostasis, Tissue Engineering, Tissue Sealing), By Application (Cardiovascular, General, Pulmonary, Vascular, Others)’ available with Market Study Report, the global surgical sealants and adhesives market is estimated to grow with a CAGR of 10.58% by the year 2024.
The growth of global surgical sealants and adhesives market is subjective to rise in geriatric population as well as growing awareness regarding the benefits of surgical sealants in the clinical procedures. Surgical sealants and adhesives are available in foam and film types and can assist surgeons by creating a hemostatic layer in an area, which helps blocking blood and air leakage. However, despite offered benefits, the product’s high cost and potential availability restrains could negatively influence surgical sealants and adhesives market size growth.
Notably, the research report examines revenue shares and growth opportunities by different segments in surgical sealants and adhesives market. It also provides an exhaustive understanding about drivers and challenges influencing industry’s business outlook.
Based on type, the surgical sealants and adhesives market is segmented into natural, synthetic and semi-synthetic. The synthetic & semi-synthetic categories are further bifurcated into polyethylene glycol, cyanoacrylates, etc. As for nature type, the industry is categorized as gelatin, collagen, fibrin, and others.
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As per report, indication segment of the surgical sealants and adhesives market is divided into tissue engineering, surgical hemostasis, and tissue sealing. Meanwhile, the application spectrum in the industry is divided into general, cardiovascular, vascular, pulmonary, and others.
Considering the geographical landscape, the global surgical sealants and adhesives market is fragmented into four major regions as North America, Europe, APAC, and rest of the world. Whereas some of the vendors that operate in this industry include Johnson & Johnson, Baxter International, Inc., B. Braun Melsungen AG, C. R. Bard Inc. Medtronic, Cardinal Health, Cohera Medical Inc.