Surgical Sealants & Adhesives Market to Be Dominated by Cosmetic Surgery Segment Through 2028
The increasing proliferation
and growth of diseases and the mounting number of accidents & surgery are
factors driving the demand for the global surgical sealants & adhesives market
in the forecast period 2024-2028.
According to TechSci Research
report, “Surgical Sealants &
Adhesives Market- Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028F”, global surgical sealants
& adhesives market is projected to grow at an impressive rate in the
forecast period, 2024-2028. Catastrophes, confrontations, the growing
healthcare industry, the rapid increase in population, and government
initiatives are other reasons for market growth. According to the American
Society for Aesthetic Plastic Surgery, there will be almost 81.7 % change in
the number of surgical cases comparing 1997 to 2014. The above data shows that
there will be a rise in surgeries in the forecasted period following previous
trends, which will positively influence the need for the surgical sealant and
adhesive market.
Non-invasive surgeries
and treatment methods are the upcoming trends that will modify the existing
medical system and treatment method. The markets biggest restrain is the rising
prevalence of non or less-invasive surgical methods, as per the porter substitute
model. Apart from these, the product's design and size can create a situation
that loses product adhesivity in a short time over fragile skin and can hamper
the product's performance. In addition, supply chain disturbances and
environmental issues are other factors restraining the surgical sealant and
adhesive market growth.
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The global surgical
sealants & adhesives market is segmented based on based on type,
indication, application, region, and competitive landscape.
Based on type,
the market is divided into natural/biological and synthetic/semi-synthetic. The
natural/biological segment is expected to hold the largest market share in
2022. This can be ascribed to the fact that natural/biological surgical
sealants & adhesives offer better biocompatibility and reduced immune
responses. Additionally, using these sealants helps in reducing in vivo
degradability as compared to the counterparts, hence increasing the use of
these surgical sealants & adhesives in repairing injured tissues and
reinforcing surgical wounds.
Based on
application type, the market is divided into cardiovascular surgery, general
surgery, CNS surgery, orthopedic surgery, cosmetic surgery, and others. As per
estimates, the cosmetic surgery segment will experience the highest market
share during the forecast period. The growing cases of skin & burn
injuries, rising facial cosmetic surgeries, and an ever-increasing number of
breast implants are the factors directly responsible for the growing demand for
cosmetic surgery. Besides, growing awareness among the population towards
improving their aesthetic features and characteristics is further expected to
increase the demand for surgical sealants & adhesives market.
Major
companies operating in global surgical sealants & adhesives market are:
- Baxter International, Inc.
- Johnson & Johnson
- Becton, Dickinson and Company
- CryoLife, Inc.
- Cardinal Health, Inc.
- B. Braun Melsungen AG
- Integra Lifesciences Holdings
Corporation
- Medline Industries, Inc.
- Adhezion Biomedical, LLC
- Tricol Biomedical, Inc.
Various companies
operating in the market are following strategies such as mergers &
acquisitions, product launches, partnerships & collaborations, among others
in order to stay competitive and have an edge over other players operating in
the market. For instance, in December 2021, Becton, Dickinson, and Company
acquired Tissuemed Limited, a developer of self-adhesive surgical sealant
films. Through the acquisition, Becton, Dickinson, and Company have acquired
assets and technology of Tissuemed Limited, such as a product name
“Tissuepatch,” which binds tissues to prevent leaks from surgical incisions and
can be used to control internal bleeding and others.
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“Globally, rising cases of
diseases and natural and man-made casualties can lead to the need for wearable
skin adhesives which is an aspect expected to rise worldwide for proper
treatment. In addition, the prevalence of medical adhesives, an advantage over
substitutes regarding price and comfortability, demand for advanced medical
treatment, and government plans and others are the major factors responsible
for illness in people. The increasing number of diseases in the population is
propelling the market for medical treatment, directly impacting the market
growth and creating favorable conditions to drive the global surgical sealants
& adhesives market growth till 2028."
said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Surgical Sealants &
Adhesives Market- Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028F, Segmented By Type (Natural/Biological v/s
Synthetic/Semi-Synthetic), By Natural/Biological (Fibrin Sealants, Collagen
Based Adhesives, Gelatin Based Adhesives), By Synthetic/Semi-Synthetic
(Cyanoacrylates, Polymeric Hydrogels, Urethane Based Adhesives), By Indication
(Tissue Sealing, Surgical Hemostasis, Tissue Engineering), By Application
(Cardiovascular Surgery, General Surgery, CNS Surgery, Orthopedic Surgery,
Cosmetic Surgery, Others), By Region and Competition,
has
evaluated the future growth potential of global surgical sealants &
adhesives market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in global surgical sealants
& adhesives market.”
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