[FURL=https://www.industryarc.com/Report/16847/surgical-sealants-adhesives-market.html]Surgical Sealants and Adhesive Market[/FURL] size was estimated at $1.85 billion in 2019 and is projected to grow at a CAGR of 6.4% during the forecast period 2020-2025. Surgical Sealants and Adhesive are the products mostly used by the surgeons as suture adjuncts to avoid leakage of air and liquid. As they are absorbable materials they are used internal bleeding and to seal tissues. They can also effectively substitute sutures and staples for improved closure, reduced blood loss, quicker implementation, and smoother and less painful procedure without removal. The growing prevalence and occurrence rates of various accidents and injuries associated with sports, rise in demand for surgical services and increase in concern of reducing the surgical wounds are becoming the factors that contribute growth of the Surgical Sealants and Adhesive Market. However, the high cost of surgical sealants and the availability of Surgical adhesives and sealant substitutes hinder the growth of this market. Key Takeaways
Geographically, North America the Surgical Sealants and Adhesive Market accounted for the 36% revenue share in 2019 and it is predicted to dominate during the forecast period 2020-2025 owing to the high demand for Surgical Sealants and Adhesives in this region.
Increased demand for R&D made by the key players in a different region of the world are driving the market.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Surgical Sealants and Adhesives market.
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Surgical Sealants and Adhesive Market Segment Analysis - By Geography
Based on Geography the global the Surgical Sealants and Adhesives Market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America dominated the market share with 36% in the year 2019 owing to the increased surgeries based on Surgical Sealants and Adhesives. Asia–Pacific is expected to be the fastest growing region in the Surgical Sealants and Adhesives market. Factors like investments by major players, rising health awareness, growing per capita income and growing demand for cosmetic surgery are expected to drive the market.
Surgical Sealants and Adhesives Market Drivers
Growing market for Cosmetic Surgery:
Increase in number of Cardiovascular Diseases (CVD), Liver surgery, Splenic Trauma:
Surgical Sealants and Adhesives Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Surgical Sealants and Adhesive Market. In 2019, Surgical Sealants and Adhesive Market share is fragmented by the top ten players present in the market. Surgical Sealants and Adhesive Market top 10 companies are Baxter International, Inc.; Medtronic PLC; Cohera Medical, Inc., CryoLife, Inc.; C.R. Bard, Inc.; B. Braun Melsungen AG ;Johnson & Johnson (Ethicon, Inc.), Sealantis Ltd.; CSL Limited; Mallinckrodt plc.
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