Europe Surgical Glue Market, By Product (Natural, Synthetic, Semi Synthetic), Indication (Hemostasis, Tissue Sealing), Application (Cardiac Surgery, Neurosurgery, General Surgeries, Orthopedic Surgery, Plastic Surgery, Wound Management, Pulmonary Surgery, Burn Bleeding, Liver and Spleen Lacerations, Others), End User (Hospitals/ Clinics, Specialty Clinics, Ambulatory Surgical Center), Country (Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia and Rest of Europe) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Surgical Glue Market
Data Bridge Market Research analyses that the surgical glue market will exhibit a CAGR of around 8.10% for the forecast period of 2022-2029. Rising cases of traumatic injuries, increased utilization of disposable medical devices, growing focus on the adoption of advanced medical equipment and devices and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of surgical glue market.
Surgical glues are referred to as the medical devices or products that are used during the surgical procedures to close an open wound or area of incision. Surgical glues prevent the entrance of contaminants in the open wounded area and also prevents the blood leakage or blood loss.
Upsurge in the number of hospitals and surgical centres in the developing economies is one of the major factors fostering the growth of the market. Rising number of applications from the emerging countries is another market growth determinant. Ever- rising technological advancement and innovation of new instruments, rising need of blood control in patients during surgery or to close both major and minor wounds, increasing number of surgeries such as cardiovascular and orthopaedic surgeries and untapped potential of the emerging markets will further generate lucrative market growth opportunities.
However, lack of awareness in the underdeveloped and backward economies will derail the market growth rate. Also, high rate of penetration of minimally invasive surgical procedures will further pose challenges for the market. Further, reopening of wound and side effects as a result challenges will also hamper the market growth rate.
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 localised 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.
Europe 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 analyse 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.
- Based on product, the surgical glue market is segmented into natural, synthetic and semi synthetic. The natural segment is further segmented into fibrin, collagen-based compound and gelatine. The synthetic segment is sub-segmented into cyanoacrylate, glutaraldehyde glue, hydrogel, polysaccharide based, urethane based and others.
- On the basis of indication, the surgical glue market is segmented into hemostasis and tissue sealing.
- Based on application, the surgical glue market is segmented into cardiac surgery, neurosurgery, general surgeries, orthopedic surgery, plastic surgery, wound management, pulmonary surgery, burn bleeding, liver and spleen lacerations and others.
- Surgical glue market has also been segmented based on the end user into hospitals/ clinics, specialty clinics, ambulatory surgical center.
Surgical Glue Market Country Level Analysis
The surgical glue market is analysed and market size insights and trends are provided by country, product, indication, application and end user as referenced above.
The countries covered in the surgical glue market report are Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia and Rest of Europe.
U.K. in North America dominates the surgical glue market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the rising cases of surgeries and increasing awareness regarding surgical glue.
The country section of the surgical glue market 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 to 2020.
Competitive Landscape and Europe 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 B Braun Melsungen AG, Johnson &Johnson Service Inc., Cardinal Health, BD, OptMed, Inc., Advanced Medical Solutions Group plc, LifeBond Machines Pvt Ltd., Grunenthal, Ocular Therapeutics, Inc., ARK Therapeutics, Covalon Technologies Ltd., Cohera Medical Inc., Ethicon Inc., Takeda Pharmaceutical Company Limited, Arch Therapeutics Inc., CryoLife Inc., Medtronic, Integra LifeScience Corpration, and Baxter among others.
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