Surgical Sealants and Adhesives Market by Type (Synthetic and Semi Synthetic, Natural or Biological), Application (Ophthalmology, Urology, Pulmonary, Orthopedic, General Surgery, Cardiovascular, Central Nervous System), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

  • Publish Date: Sep, 2020
  • Report ID: 418858
  • Category: Healthcare
  • Pages: 221
$4,700

The global surgical sealants and adhesives market is expected to grow from USD 2.08 billion in 2019 to USD 4.34 billion by 2027, at a CAGR of 9.64% during the forecast period 2020-2027.

Surgical sealants and adhesives are substances that are utilized to restore injured muscles, strengthen surgical scars, bind the tissues together internally and externally after surgery or injury and even substitute standard stitching methods. Surgical sealants and adhesives are preferred over conventional methods for wound closing. These include suture and staples due to its various advantages like usability, efficacy, and safety in different situations in different tissues. They can be utilized in combination with staples and sutures for in sealing leaks of fluids or gas, strengthening, and also managing emergency hemostasis, successfully. These products are beneficial in wound healing and reduce the requirement for sutures by creating a chemical bond or barrier to hold the body fluids or blood oozing after an injury or surgery. Global surgical sealants and adhesives market is expanding extensively with a growing number of surgical methods. Inclination towards safer, simpler, quicker, and minimally invasive surgical techniques has promoted the growth of sutureless methods, such as the use of sealants and adhesive interfaces to alter the integrity and functionality of soft tissue. These products mainly reduce the risk of tissue reactivity, blood-borne disease transmission and infection rate. Moreover, the presence of suture or staple materials in surgical damages is considered to increase the risk of infections. It results in generating wound chronicity, hindering wound healing, and is life-threatening for patients.

This study delivers a comprehensive analysis of types, applications and regions. The type segment includes synthetic and semi synthetic, and natural or biological. Synthetic and semi-synthetic are classified into cyanoacrylates, polymeric hydrogels, and urethane-based adhesives. Cyanoacrylates segment is anticipated to register the highest growth during the forecast period due to its rapid drying rate. Its ease of adhesion and powerful mechanical strength is responsible for its increased adoption in surgical applications across the globe. The application segment includes ophthalmology, urology, pulmonary, orthopedic, general surgery, cardiovascular and central nervous system. The cardiovascular segment is expected to show the highest growth rate over the forecast period. An increasing number of cardiovascular surgeries and cardiovascular interventions such as cardiac valve procedures, open-heart surgery, and heart transplant procedures are expected to offer growth to the market in the forecast period.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Geographically, North America held the largest market share in the surgical sealants and adhesives market in 2019 due to modern medical technology and high-quality healthcare in the region. Moreover, the growing importance of surgical care in public health organizations in the U.S. is anticipated to contribute to the growth of the market positively. Another supporting factor is the regional presence of a large number of leading market players, such as Baxter International, CryoLife, and Johnson & Johnson.

Some of the notable players in the global surgical sealants and adhesives market are CryoLife, Inc., Medtronic PLC, Cohera Medical, Inc., Mallinckrodt plc., Integra LifeSciences Holdings Corporation, Baxter International, Inc., B. Braun Melsungen AG, Cardinal Health, C.R. Bard, Inc. and Ethicon, Inc.

This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:

Global Surgical Sealants and Adhesives Market Analysis And Forecast, By Type

  • Synthetic and Semi Synthetic
    • Urethane Based Adhesives
    • Polymeric Hydrogels
    • Cyanoacrylates
  • Natural or Biological
    • Gelatin Based
    • Collagen Based
    • Fibrin

Global Surgical Sealants and Adhesives Market Analysis And Forecast, By Application

  • Ophthalmology
  • Urology
  • Pulmonary
  • Orthopedic
  • General Surgery
  • Cardiovascular
  • Central Nervous System

Global Surgical Sealants and Adhesives Market Analysis And Forecast, By Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherland
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of APAC
  • South America
    • Brazil
    • Argentina
    • Peru
    • Colombia
    • Rest of South America
  • Middle East And Africa
    •  UAE
    •  Saudi Arabia
    •  Egypt
    •  Nigeria
    •  South Africa
    • Rest of MEA

Report Description:

  • The base year for the study has been considered 2019, historic year 2017 and 2018, the forecast period considered is from 2020 to 2027.
  • The study delivers a comprehensive analysis of global market for all segments and region.
  • The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2020 to 2027.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
  • The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Type
          4.3.2. Market Attractiveness Analysis By Application
          4.3.3. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. The increasing requirement for surgical services
          5.2.2. Growing concerns to decrease surgical wounds
    5.3. Restraints
          5.3.1. Huge costs of sealants
    5.4. Opportunities
          5.4.1. Increasing volume of operations
          5.4.2. Extensive research and development activities concentrated on the widening applicability of surgical sealants and adhesives
6. Global Surgical Sealants and Adhesives Market Analysis and Forecast, By Type
    6.1. Segment Overview
    6.2. Synthetic and Semi Synthetic
          6.2.1. Urethane Based Adhesives
          6.2.2. Polymeric Hydrogels
          6.2.3. Cyanoacrylates
    6.3. Natural or Biological
          6.3.1. Gelatin Based
          6.3.2. Collagen Based
          6.3.3. Fibrin
7. Global Surgical Sealants and Adhesives Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Ophthalmology
    7.3. Urology
    7.4. Pulmonary
    7.5. Orthopedic
    7.6. General Surgery
    7.7. Cardiovascular
    7.8. Central Nervous System
8. Global Surgical Sealants and Adhesives Market Analysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa
9. Global Surgical Sealants and Adhesives Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in Global Surgical Sealants and Adhesives Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Application Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions
10. Company Profiles
    10.1. CryoLife, Inc.
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Type Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. Medtronic PLC
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Type Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. Cohera Medical, Inc.
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Type Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. Mallinckrodt plc.
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Type Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. Integra LifeSciences Holdings Corporation
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Type Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. Baxter International, Inc.
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Type Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. B. Braun Melsungen AG
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Type Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. Cardinal Health
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Type Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis
    10.9. C.R. Bard, Inc.
          10.9.1. Business Overview
          10.9.2. Company Snapshot
          10.9.3. Company Market Share Analysis
          10.9.4. Company Type Portfolio
          10.9.5. Recent Developments
          10.9.6. SWOT Analysis
    10.10. Ethicon, Inc.
          10.10.1. Business Overview
          10.10.2. Company Snapshot
          10.10.3. Company Market Share Analysis
          10.10.4. Company Type Portfolio
          10.10.5. Recent Developments
          10.10.6. SWOT Analysis

List of Table

1. Global Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

2. Global Synthetic and Semi Synthetic, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion) 

3. Global Natural or Biological, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion) 

4. Global Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

5. Global Ophthalmology, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion) 

6. Global Urology, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion) 

7. Global Pulmonary, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion) 

8. Global Orthopedic, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion) 

9. Global General Surgery, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion) 

10. Global Cardiovascular, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion)

11. Global Central Nervous System, Surgical Sealants and Adhesives Market, By Region, 2017-2027 (USD Billion)

12. North America Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion)

13. North America Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

14. U.S. Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

15. U.S. Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

16. Canada Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

17. Canada Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

18. Mexico Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

19. Mexico Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion)

20. Europe Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

21. Europe Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

22. Germany Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion)

23. Germany Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

24. France Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

25. France Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

26. U.K. Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

27. U.K. Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

28. Italy Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

29. Italy Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

30. Spain Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

31. Spain Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion)

32. Asia Pacific Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

33. Asia Pacific Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion)

34. Japan Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion)

35. Japan Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion)  

36. China Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

37. China Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

38. India Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

39. India Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

40. South America Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

41. South America Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

42. Brazil Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

43. Brazil Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

44. Middle East and Africa Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

45. Middle East and Africa Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

46. UAE Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

47. UAE Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

48. South Africa Surgical Sealants and Adhesives Market, By Type, 2017-2027 (USD Billion) 

49. South Africa Surgical Sealants and Adhesives Market, By Application, 2017-2027 (USD Billion) 

List of Figures 

1. Global Surgical Sealants and Adhesives Market Segmentation

2. Global Surgical Sealants and Adhesives Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Surgical Sealants and Adhesives Market Attractiveness Analysis By Type

9. Global Surgical Sealants and Adhesives Market Attractiveness Analysis By Application 

10. Global Surgical Sealants and Adhesives Market Attractiveness Analysis By Region

11. Global Surgical Sealants and Adhesives Market: Dynamics

12. Global Surgical Sealants and Adhesives Market Share by Type (2020 & 2027)

13. Global Surgical Sealants and Adhesives Market Share by Application (2020 & 2027)

14. Global Surgical Sealants and Adhesives Market Share by Regions (2020 & 2027)

15. Global Surgical Sealants and Adhesives Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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