Global Surgical Sealants and Adhesives Market Report 2022: Biological Sealants, Synthetic Sealants and Semi-Synthetic Sealants – Forecast to 2026 & 2031 – ResearchAndMarkets.com

0

DUBLIN–(BUSINESS WIRE)–The Report “Global Surgical Sealants and Adhesives Market Report 2022” has been added to from ResearchAndMarkets.com offer.

Major players in the surgical sealants and adhesives market are Baxter International Inc., B. Braun Melsungen AG, Cohera Medical, Inc., CryoLife Inc., CR Bard Inc., CSL Limited (CSL Behring), Johnson & Johnson (Ethicon, Inc.), Sanofi, Ocular Therapeutix Inc. and Sealantis Ltd.

The global surgical sealants and adhesives market is expected to grow from $2.12 billion in 2021 to $2.39 billion in 2022 at a compound annual growth rate (CAGR) of 13.0%. The market is expected to reach $3.13 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%.

The surgical sealants and adhesives market includes revenue generated from the sales of surgical sealants and adhesives. Surgical sealants and adhesives are materials used to repair injured tissue and prevent air and fluid leaks during or after surgeries. These are used to minimize blood loss, replace staples and sutures for better closure, and reinforce wound areas without limiting tissue movement.

The surgical sealants and adhesives market covered in this report is segmented by product into biological sealants, synthetic sealants and semi-synthetic sealants. Biological sealants consist of biological material used to repair injured tissue and prevent air and fluid leakage during or after surgeries. They are used for various indications such as tissue sealing, tissue engineering and hemostasis which are utilized by end uses. such as hospitals, clinics and others.

The increasing number of surgical procedures is expected to contribute to the growth of the surgical sealants and adhesives market. In recent years, the continuous increase in surgical procedures is recorded due to the increasing prevalence of obesity and other lifestyle-related diseases, the increasing incidence of spinal and sports-related injuries and of the increase in the geriatric population.

The elderly population is more prone to chronic, heart and other diseases, thus undergoing surgeries. According to the United Nations Department of Economic and Social Affairs, the number of people aged over 65 is expected to increase from 703 million in 2019 to 1.5 billion by 2050, worldwide.

Advancements in surgical procedures are expected to hamper the growth of the surgical sealants and adhesives market. Minimally invasive surgeries replace conventional surgical procedures, eliminating complications such as bleeding and air leaks and, therefore, limiting the use of any surgical sealants and adhesives.

According to the American Society of Plastic Surgeons (ASPS), approximately 18 million people undergo minimally invasive surgical and cosmetic procedures in the United States. Hence, the growing number of minimally invasive surgeries and other substitutes to conventional surgical processes is expected to impact the market growth over the next few years.

Several companies operating in the market are focusing on expanding the product portfolio into untapped geographies. For example, in January 2020, Terumo Corporation announced the launch of AQUABRID, a new surgical sealant in the EMEA market. AQUABRID is specially developed for aortic procedures to stop bleeding during and after surgeries. The company previously introduced this product in Japan under the Hydrofit brand and is in the process of being registered in Eastern Europe, the Middle East and Africa.

In January 2019, Advanced Medical Solutions Group, a UK developer and manufacturer of innovative and technologically advanced products for the wound care, surgical and wound closure markets, acquired Sealantis for $25 million in cash and cash. Royalties.

The acquisition provides AMS with a technology platform and delivery systems that have significant potential for a range of applications in the high-margin internal surgery market, which includes the $1 billion internal sealants market. dollars. Sealants is an Israel-based medical device company with a patent-protected algae mimetic sealant technology platform.

Main topics covered:

1. Summary

2. Characteristics of the Surgical Sealants and Adhesives Market

3. Surgical Sealants and Adhesives Market Trends and Strategies

4. Impact of COVID-19 on surgical sealants and adhesives

5. Surgical Sealants and Adhesives Market Size and Growth

5.1. Global historic market for surgical sealants and adhesives, 2016-2021, in USD billion

5.1.1. Market Drivers

5.1.2. Market Constraints

5.2. Global Surgical Sealants and Adhesives Market Forecast, 2021-2026F, 2031F, USD Billion

5.2.1. Market Drivers

5.2.2. Market Constraints

6. Surgical Sealants and Adhesives Market Segmentation

6.1. Global Surgical Sealants and Adhesives Market, Segmentation by Product, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

  • Biological Sealants

  • Synthetic sealants

  • Semi-synthetic sealants

6.2. Global Surgical Sealants and Adhesives Market, Segmentation by Indication, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

  • Tissue sealing

  • Creation of fabrics

  • Hemostasis

6.3. Global Surgical Sealants and Adhesives Market, Segmentation by End-Use, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

  • Hospitals

  • Clinics

  • Other end uses

7. Regional and Country Analysis of the Surgical Sealants and Adhesives Market

7.1. Global Surgical Sealants and Adhesives Market Split by Region, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

7.2. Global Surgical Sealants and Adhesives Market, Split by Country, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

Companies cited

  • Baxter International Inc.

  • B. Braun Melsungen AG

  • Cohera Medical Inc. CryoLife Inc.

  • CR Bard Inc.

  • CSL Limited (CSL Behring)

  • Johnson & Johnson (Ethicon Inc.)

  • Sanofi

  • Ocular Therapeutix Inc.

  • Sealantis Ltd.

  • Vivostat A/S

  • Medtronic plc.

  • Mallinckrodt plc.

  • Cardinal Health

  • Integra Life Sciences Holdings Corporation

  • Life Bond Ltd.

  • Kuraray America

  • Tissue

  • Covidien Inc.

  • Sealantis Ltd.

  • Procter & Gamble Company

  • Kerr Company

  • Dentsply Sirona Inc.

  • Research Adhesives Inc.

  • Advanced Medical Solutions Group plc.

  • 3M Company

For more information about this report visit https://www.researchandmarkets.com/r/l92bpm

Share.

About Author

Comments are closed.