Research Nester released a report titled “Surgical Adhesives and Sealants Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global surgical adhesives and sealants market in terms of market segmentation by material, by application, by end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Surgical adhesives and sealants are substances used for the closure of a surgical incision after the completion of a surgery. These can be either naturally or synthetically derived and are rapidly being used in place of other conventional methods. The market for surgical adhesives and sealants is anticipated to observe a CAGR of around 9.5% during the forecast period, i.e., 2019-2027. The significant growth rate can be attributed to the rising healthcare spending as well as a greater number of surgeries taking place globally. The market is segmented by material, by application, by end user and by region. Out of these, the material segment is further bifurcated into synthetic and natural sealants and adhesives, out of which, the natural sealants and adhesives segment is estimated to observe the highest market growth during the forecast period. This can be as a consequence of preference of natural materials over synthetic ones since synthetic sealants and adhesives have a chance of creating an undesirable inflammatory immune response.
Surgical adhesives and sealants market in North America is anticipated to hold the largest share on account of high rate of development and manufacturing of surgical adhesives and sealants in the region, mainly in countries such as the United States. Moreover, the market in Asia-Pacific region is estimated to observe the highest growth rate during the forecast period as a result of rapidly developing healthcare infrastructure and a large patient population requiring surgical treatments.
Growing Demand for Improved Patient Outcome to Support the Market Growth
The growing demand for improved surgical procedures in hospitals on account of rising number of patients along with better healthcare facilities facilitates the requirement for surgical adhesives and sealants, which is therefore estimated to drive the market growth significantly. However, the various side-effects of surgical adhesives and sealants including immune responses that make them unsuitable for internal surgeries are anticipated to inhibit the market growth.
This report also provides the existing competitive scenario of some of the key players of the global surgical adhesives and sealants market which includes company profiling of Baxter International, Inc. (BAX), Johnson & Johnson Services, Inc. (JNJ), Cohera Medical, Inc., Becton, Dickinson and Company (BDX), B. Braun Melsungen AG, CryoLife, Inc. (CRY), Integra LifeSciences Corporation (IART), Adhesys Medical GmbH, Sealantis and Tissuemed Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global surgical adhesives and sealants market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.