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| Title | Surgical Sealants & Adhesives Market Global Trends, Price and Forecasts to 2027 |
|---|---|
| Category | Business --> Business Services |
| Meta Keywords | Surgical Sealants & Adhesives Market |
| Owner | thomas |
| Description | |
| A rise in the number of annual
surgical procedures across the world, increasing government funding towards
healthcare technology advancement, and innovation in surgical tools, as well as
practices, are the key factors that are poised to stimulate surgical sealants
& adhesives industry growth. Market Size – USD 2.47
Billion in 2019, Market Growth - CAGR of 9.5%, Market Trends – High research
funding for developing advanced surgical sealants & adhesives. The global surgical sealants &
adhesives market size is forecast to reach 5.13 billion in terms
of revenue from USD 2.47 billion in 2019, exhibiting a CAGR of 9.5% during the
analysis period. The market growth is driven by a significant rise in the
number of annual surgeries and growing demand for minimally or non-invasive
surgical procedures. According to the World Health Organization, nearly 235
million surgeries are performed annually across the globe. Surgical sealants & adhesives
are gaining massive popularity as tools for next-generation minimally invasive
surgical procedures because of their safety, ability to repair injured tissues
& wounds with maximum safety. The sealants can potentially replace sutures
and staples for better closure, faster implementation, minimized blood loss,
and less painful surgeries without the need for removal. Get a sample of the
report @ https://www.reportsanddata.com/sample-enquiry-form/2068 Medical practices are gradually
advancing across the world and surgical procedures involving sealants &
adhesives is becoming the first choice of surgeons. As the medical practices
and healthcare systems require more research and development, governments in
many countries are taking initiatives to increase funding for offering a better
healthcare infrastructure. High investments for R&D in sealants and
adhesives for better tissue development and regeneration surgeries will foster
surgical sealants & adhesives market size. Moreover, an expanding geriatric
population base, a rise in the number of accidents, and the growing demand for
minimally invasive surgeries will stimulate market trends through 2027. The high price of surgical
procedures, the machinery & tools involved, and risks associated with the
surgeries such as bleeding and wound infection the complex procedures in some
surgical procedures may hinder the market growth during the forecast period.
Moreover, the unavailability of skilled surgeons, primarily in low-income
countries, may act as a negative impact rendering factor for the market. Further key findings from
the report suggest ·
Based on application, the cosmetic surgery
segment is poised to gain major traction over the analysis period due to the
extensive use of tissue sealants to treat burn injuries and other cosmetic
procedures. Moreover, the growing demand for breast reconstruction surgery will
boost product proliferation in the coming years. ·
The others application segment, which includes
urology, ophthalmology, cosmetics, and pulmonary, are estimated to collectively
account for a revenue share of USD 617.25 million by 2027 from USD 293.5
million in 2019. ·
Based on end-use, the hospital segment is
expected to witness the fastest growth rate of 10.0% through 2027. The robust
growth can be attributed to the availability of expert surgeons, better medical
facilities, and reimbursements in hospitals. ·
In the regional landscape, the Asia-Pacific
region is forecast to account for a major share of the global surgical sealants
industry share on account of a growing demand for enhanced healthcare
facilities, rise in medical tourism, and rising funding for healthcare
infrastructure enhancement in the region. ·
The North America region is anticipated to
account for 31% of the global market share through 2027. The robust growth of
the regional industry can be attributed to the substantial advancements in
surgical procedures, along with the availability of professional surgeons in
the region. ·
Major players in the global surgical sealants
& adhesives industry landscape are participants include B. Braun Melsungen
AG, CryoLife, Inc., Integra Lifesciences Holdings Corporation, Baxter
International, Inc., Ethicon Inc., C. R. Bard, Inc., Johnson & Johnson,
Medtronic PLC, Sanofi Group, and Cohera Medical, among others. To identify the key trends in
the industry, click on the link below: https://www.reportsanddata.com/report-detail/surgical-sealants-and-adhesives-market For the purpose of this study,
Reports and Data has segmented the global surgical sealants & adhesives
market on the basis of type, applications, indication, end-user, and region: By Type (Revenue in USD
Million; 2017–2027)
By Applications (Revenue in
USD Million; 2017–2027)
By Indication (Revenue in USD
Million; 2017–2027)
By End Use (Revenue in USD
Million; Volume in Tons, 2016–2026)
By Regional Outlook (Revenue
in USD Million; Volume in Tons, 2016–2026)
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Data: Surgical Sealants &
Adhesives Market:- https://www.prnewswire.com/news-releases/surgical-sealants--adhesives-market-to-reach-usd-4-69-billion-by-2026--reports-and-data-300940525.html Contact Us John W Head of Business Development 40 Wall St. 28th floor New York City NY 10005 United States Direct Line: +1-212-710-1370 | |