Global Surgical Glue Market, By Product (Natural/Biological Sealants and Adhesives, Synthetic and Semi-synthetic Sealants and Adhesives), Indication (Tissue Sealing, Surgical Hemostasis, Tissue Engineering), Application (Cardiovascular Surgery, General Surgery, CNS Surgery, Orthopedic Surgery, Cosmetic Surgery, Urological Surgery, Pulmonary Surgery, Ophthalmic Surgery, Other Applications), End User (Hospitals/ Clinics, Specialty Clinics, Ambulatory Surgical Center), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Surgical Glue Market
The surgical glue market is expected to witness market growth at a rate of 9.25% in the forecast period of 2022 to 2029. Data Bridge Market Research report on surgical glue market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the healthcare sector globally is escalating the growth of surgical glue market.
The surgical glue, also known as tissue adhesive or liquid stitches, refers to an adjunct to standard methods of achieving hemostasis (staples or sutures), especially in open surgical repair of large vessels. This kind of surgical adhesive is used to close both major and minor wounds, such as incisions among others.
The increase in the number of surgical procedures across the globe acts as one of the major factors driving the growth of surgical glue market. The rise in need for effective blood loss management in patients and increase in incidences of road accidents along with burn cases accelerate the market growth. The high use of technologically advanced products and high prevalence of the diseases such as cancer, skin diseases, heart diseases, and respiratory diseases further influence the market. Additionally, high disposable income, advancements in healthcare infrastructure, rise in awareness and increase in the number of traumatic injuries positively affect the surgical glue market. Furthermore, prominence of adhesive dentistry extend profitable opportunity to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the product and cost-intensive requirement of clinical data for new product launches are expected to obstruct the market growth. The lack of reimbursements and skilled professionals are projected to challenge the surgical glue market in the forecast period of 2022-2029.
This surgical glue market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on surgical glue market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Surgical Glue Market Scope and Market Size
The surgical glue market is segmented on the basis of product, indication, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the surgical glue market is segmented into natural/biological sealants and adhesives, and synthetic and semi-synthetic sealants and adhesives. Natural/biological sealants and adhesives on the basis of type are further segmented into polypeptide/protein-based sealants and adhesives and polysaccharide-based sealants and adhesives. Polypeptide/protein-based sealants and adhesives are further sub-segmented into fibrin-based sealants and adhesives, gelatin-based sealants and adhesives, collagen-based sealants and adhesives, and albumin-based sealants and adhesives. Polysaccharide-based sealants and adhesives are further sub-segmented into chitosan-based sealants and adhesives and other polysaccharide-based sealants and adhesives. Natural/biological sealants and adhesives on the basis of origin are further segmented into human-blood based sealants and adhesives, and animal-based sealants and adhesives. Synthetic and semi-synthetic sealants and adhesives are further segmented into PEG hydrogels, cyanoacrylates, urethane-based sealants and adhesives and other synthetic and semi-synthetic sealants and adhesives.
- On the basis of indication, the surgical glue market is segmented into tissue sealing, surgical hemostasis and tissue engineering.
- On the basis of application, the surgical glue market is segmented into cardiovascular surgery, general surgery, CNS surgery, orthopedic surgery, cosmetic surgery, urological surgery, pulmonary surgery, ophthalmic surgery and other applications.
- On the basis of end user, the surgical glue market is segmented into hospitals/ clinics and specialty clinics ambulatory surgical center.
Surgical Glue Market Country Level Analysis
The surgical glue market is analyzed and market size insights and trends are provided by country, product, indication, application and end user pas referenced above.
The countries covered in the surgical glue market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the surgical glue market because of the presence of advanced healthcare infrastructure. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rise in medical tourism and increase in investments in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The surgical glue market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for surgical glue market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the surgical glue market. The data is available for historic period 2010-2020.
Competitive Landscape and Surgical Glue Market Share Analysis
The surgical glue market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to surgical glue market.
Some of the major players operating in the surgical glue market report are Baxter International, Inc., CryoLife, Inc., C.R. Bard, Inc., Medtronic PLC, B. Braun Melsungen AG, Cohera Medical, Inc., Ethicon, Inc., Mallinckrodt plc, and Cardinal Health and Integra LifeSciences Holdings Corporation among others.