Global Surgical Sealants and Adhesives Market was valued at USD 2.54 billion in 2019 which is expected to reach USD 6.13 billion in 2027 at a CAGR 9.5%.

The global Surgical Sealants and Adhesives market is studied in detail in the new report on Qualiket Research. The new report studies the Surgical Sealants and Adhesives market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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Surgical sealants and adhesives are useful to repair injured tissues, and surgical wounds.  These materials are most frequently used to achieve mechanical hemostasis in vascular reconstruction. Adhesives and sealants are widely preferred materials due to its advantages such as efficacy, safety, and usability in repairing injured tissues.

Market Drivers

Increase in demand for surgical services and rise in concerns to reduce surgical wounds which is expected to boost the global surgical sealants and adhesives market growth. Furthermore, increase in number of surgeries will positively influence the global sealants and adhesives market growth. For instance, as per the World Health Organization data, around 235 million surgical procedures are undertaken across the globe every year. Also, increase in need for effective blood loss management in patients which is expected to support the market growth. Moreover, continuous technological advancements in products will propel the global surgical sealants and adhesives market growth. In addition to that, increase in prevalence of diseases like CVD sports-based injury, obesity, and accidents are expected to drive the market growth over the forecast period.

Market Restraints

Increase in healthcare cost and lack of reimbursement are major restraints which expected to hamper the global surgical sealants and adhesives market growth. Also, cost-intensive requirement of clinical data for new product launches will limit the global surgical sealants and adhesives market growth.

Market Key Players

Various key companies are profiled in this report such as Baxter International, Inc., Tissuemed Ltd, Hemostasis, LLC, B. Braun Melsungen AG, GEM Srl, CSL Limited, MicroVal, Johnson and Johnson, Vivostat A/S, Integra Lifesciences Holding Corporation, Medline Industries, Inc.,and Becton, Dickinson, and Company 

Market Taxonomy

By Biomaterial Type

  • Polymeric Hydrogels
  • Cyanoacrylates
  • Fibrin Collagen-based
  • Others

By Application

  • Central Nervous System Surgery
  • General Surgery
  •  Orthopedic Surgery
  • Cardiovascular Surgery
  • Cosmetic Surgery
  • Others

By Indication

  • Tissue Engineering
  • Surgical Hemostasis
  • Tissue Sealing

By End User

  • Hospitals
  • Clinic
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Contact Information:

Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: sales@qualiketresearch.com
Website: https://qualiketresearch.com

The post Global Surgical Sealants and Adhesives Market Trends, Share, Size, Growth, Opportunity and Forecast Report 2020-2027. appeared first on Financial Market News.