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Surgical Sealants And Adhesives Market

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<strong>Surgical</strong> sealants and adhesive <strong>Market</strong><br />

Materials used for repairing injured tissues, binding the tissues together externally and<br />

internally after injury or surgery, strengthening surgical wounds and replacing common<br />

stitching practices are called <strong>Surgical</strong> sealants and adhesives. For wound closure such<br />

as staples and suture surgical sealants and adhesives are preferred over traditional<br />

methods because of their numerous advantages like efficacy, usability and safety in<br />

several situations in different tissues.<br />

Global <strong>Surgical</strong> <strong>Sealants</strong> and <strong>Adhesives</strong> <strong>Market</strong> size was around USD 205 million in<br />

2018. It is expected to grow at a CAGR of 9.6 % to reach USD 361 million by 2023.<br />

Rising incidence of various chronic disorders such as obesity and CVDs, high accident<br />

rates, growing need to manage blood loss in patients, increasing incidence of trauma,<br />

rising number of surgeries and augmenting geriatric population are the primary drivers of<br />

the market. Secondary factors include increasing uptake of technologically advanced<br />

products owing to the FDA and CE Mark approvals.Clinical data requirements for<br />

product approval are costly and to add to that the lack of reimbursements are the major<br />

restraints of this market. Further, lack of awareness and relatively lower disposable<br />

income are secondary factors hindering the growth of this market.<br />

The Global <strong>Surgical</strong> <strong>Sealants</strong> and <strong>Adhesives</strong> <strong>Market</strong> segmentation by product, by<br />

indication and by application. On the basis of product, Global <strong>Surgical</strong> <strong>Sealants</strong> and<br />

<strong>Adhesives</strong> market is classified into Natural/Biological <strong>Sealants</strong> and <strong>Adhesives</strong> and<br />

Synthetic and Semi-Synthetic <strong>Sealants</strong> and <strong>Adhesives</strong>. Natural/Biological <strong>Sealants</strong> and<br />

<strong>Adhesives</strong> is further segmented into type and origin. By type it is categorized into<br />

Polypeptide/Protein-based <strong>Sealants</strong> and <strong>Adhesives</strong> (Fibrin-based <strong>Adhesives</strong>, Gelatinebased<br />

<strong>Adhesives</strong>, Collagen-based <strong>Adhesives</strong> and Albumin-based <strong>Adhesives</strong>) and<br />

Polysaccharide-based <strong>Sealants</strong> and <strong>Adhesives</strong> (Polysaccharide-based <strong>Sealants</strong> and<br />

<strong>Adhesives</strong> and Other Polysaccharide-based <strong>Adhesives</strong>). By Origin it sub-segmented into<br />

Human Blood-based and Animal-based.<br />

Further, Synthetic and Semi-Synthetic <strong>Sealants</strong> and <strong>Adhesives</strong> has been categorized<br />

into Cyanoacrylates, Polyethylene glycol Hydrogels, Urethane-based <strong>Adhesives</strong> and<br />

Other Synthetic <strong>Adhesives</strong>. In the polypeptide sealants and adhesives category, the<br />

fibrin-based adhesives commanded the largest market share because of the wide range<br />

of applications of these sealants in surgical areas for example, cardiac, spleen surgeries,<br />

liver, colonic anastomosis, and seroma prevention after soft tissue dissections.<br />

Furthermore, the gelatine-based adhesives category is estimated to grow at the highest<br />

CAGR during the aforementioned forecast period because of their tensile strength, high<br />

elasticity and high-adhesive. Moreover, on the basis of indication, the market is<br />

segmented into <strong>Surgical</strong> Haemostasis, Tissue Sealing and Tissue Engineering. In<br />

addition, on the basis of application the market can be categorized into Central Nervous<br />

System (CNS) Surgeries, General Surgeries, Cardiovascular Surgeries, Orthopaedic<br />

Surgeries, Cosmetic Surgeries, Urological Surgeries, Pulmonary Surgeries, Ophthalmic<br />

Surgeries and Other Applications.<br />

By geography, the Global <strong>Surgical</strong> <strong>Sealants</strong> and <strong>Adhesives</strong> market has been<br />

categorized into North America, Europe, Asia Pacific, Latin America, and Middle East &<br />

Africa. Presently, North America accounts for the largest market share closely followed<br />

by Europe while Asia Pacific has the highest CAGR.<br />

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