July 24, 2020
As per the report titled ‘Global Surgical Sealants and Adhesives Market By Type, By Indication, By Application, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)-- By Indication, By Application, available with Market Study Report LLC, global surgical sealants and adhesives market is projected to witness substantial gains, expanding with a CAGR of 10.58% over 2019-2024.
Increasing demand for surgeries across the globe owing to rising prevalence of various diseases and accidents is a major growth impetus for global surgical sealants and adhesives market.
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On the basis of type, the report segments global surgical sealants and adhesives market into natural, semi-synthetic, and synthetic. The natural segment is further fragmented into gelatin, collagen, fibrin, and others. Further, the semi-synthetic, and synthetic segments are divided into cyanoacrylates, polyethylene glycol, and others. Among these, the natural segment is gaining significant traction owing to its easy accessibility and extensive use in cosmetic industry.
Speaking of the indication, global surgical sealants and adhesives market is categorized into tissue engineering, surgical hemostasis, and tissue sealing. Moving on to the application spectrum, the market is split into vascular, cardiovascular, pulmonary, general, and others.
Considering the regional landscape, global surgical sealants and adhesives market is categorized into Asia-Pacific, Europe, North America, and Rest of the World. North America accounted for majority market share in the year 2018 due to growing presence of major manufacturers and high adoption of adhesives & sealants in surgical procedures.
Prominent companies operating in global surgical sealants and adhesives market are Baxter International Inc., C. R. Bard, Inc., Johnson & Johnson, Cohera Medical, Inc., B. Braun Melsungen AG, Medtronic plc, and Cardinal Health, Inc.