Luton, Bedfordshire, United Kingdom, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Surgical Sealants Market.
Global Surgical Sealants Market is anticipated to experience moderate growth in the forecast period (2023-2029). Growing at a CAGR of 8.2%, the market value is expected to reach US$ 3.46 Billion by 2029-end.
Given the wide range of products and the speed with which new products are introduced to the market, the desire to develop and manufacture surgical sealants is clear. Mechanical closure methods such as sutures, staples, and clips are considered the gold standard for tissue repair. However, in certain situations these procedures may not be suitable for closure, may impair tissue function, or the surgeon may wish to strengthen mechanical closure.
Sealants are products that surgeons use specifically to repair tissue damaged by injury or surgery. Damaged tissues include skin, internal organs, and blood vessels. Sealants are used to reduce blood loss and prevent leaks and can be used in conjunction with mechanical methods such as suturing and stapling.
In this brief overview, the term sealant includes adhesives, adhesives, and haemostats. These terms are often used interchangeably in surgery, although slight differences distinguish the products.
In recent years, the global market for surgical sealants has grown dramatically. The growing prevalence and incidence of various disorders around the world is largely to blame for the market’s growth. Furthermore, one of the key factors driving the market’s expansion is the number of accidents. Furthermore, in recent years, there has been a massive increase in the number of surgeries performed around the world, which is expected to accelerate the market’s growth in the coming years. On the other hand, the surgical sealants market is expected to be hampered by factors such as extensive clinical data requirements for product launch and a lack of reimbursement policy.
Download Sample PDF Brochure of Surgical Sealants Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://exactitudeconsultancy.com/reports/3576/surgical-sealants-market/#request-a-sample
Some of the notable market players operating in the global Surgical Sealants Market covered in this report are: Baxter International Inc., CryoLife Inc., CSL Limited, Johnson & Johnson, Cohera Medical Inc., C.R Bard Inc., Sanofi, Therapeutix Inc., Cardinal Health Inc., GEM Srl, Medline Industries Inc., and Sealantis Ltd, and others.
These players are majorly focusing on key strategies like launch, acquisition, and partnerships such as,
- In 2019, Johnson & Johnson (Ethicon, Inc.) launched VISTASEAL Fibrin Sealant (Human) to manage bleeding during surgery
- In 2019, CSL opened its new global headquarters in Melbourne, Australia, for the fostering and supporting of collaborations between academic biomedical research and industry, creating important linkages in the translation for new medicines for unmet medical needs.
- In 2018, Baxter launched the disposable curved applicator, which enhances the delivery experience of the FLOSEAL Hemostatic Matrix product line for procedures in the otolaryngology and head & neck surgical specialty.
Browse the full “Surgical Sealants Market by Products (Natural/Biological (Fibrin, Collagen-based, Gelatin based), Indication, Application, End-Users, Region, Global trends analysis and forecast from 2023-2029” Report at https://exactitudeconsultancy.com/reports/3576/surgical-sealants-market/
| Report Coverage | Details |
| Page number | 140 |
| Base year | 2022 |
| Forecast period | 2023-2029 |
| Growth momentum & CAGR | Accelerate at a CAGR of 8.2% |
| Market growth 2023-2029 | $ 3.46 Billion |
| Market structure | Fragmented |
| YoY growth (%) | 7.55 |
| Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
| Performing market contribution | Middle East & Africa at 30% |
| Key consumer countries | US, Canada, Australia, UK, and Germany |
| Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
| Key companies profiled | Baxter International Inc., CryoLife Inc., CSL Limited, Johnson & Johnson, Cohera Medical Inc., C.R Bard Inc., Sanofi, Therapeutix Inc., Cardinal Health Inc., GEM Srl, Medline Industries Inc., and Sealantis Ltd. |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for forecast period |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
To learn more about this report, request a free sample copy
Global Surgical Sealants Market, By Products, 2022-2029 (USD Million) (Thousand Units)
- Natural/Biological Sealants:
- Fiber Sealants
- Gelatin Based
- Collagen-Based
- Albumin Based
- Synthetic And Non-Synthetic Sealants
- Cyanoacrylates
- Polyethylene Glycol-Based Hydrogel
- Urethane-Based Adhesives
- Other Synthetic Sealants
Global Surgical Sealants Market, By Indication, 2022-2029 (USD Million) (Thousand Units)
- Tissue Sealing
- Hemostasis
- Tissue Engineering
Global Surgical Sealants Market, By Application, 2022-2029 (USD Million) (Thousand Units)
- Central Nervous System (CNS) Surgeries
- General Surgeries
- Cardiovascular Surgeries
- Orthopedic Surgeries
- Cosmetic Surgeries
- Urological Surgeries
Global Surgical Sealants Market, By End Users, 2022-2029 (USD Million) (Thousand Units)
- Hospitals
- Clinics
- Care Centers
- Others
Global Surgical Sealants Market, By Region, 2022-2029 (USD Million) (Thousand Units)
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East & Africa
Important Countries in All Regions Are Covered
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Regional Insights:
Even the increases in cosmetic surgeries and procedures have increased the adoption and demand of surgical sealants. China, Japan, Republic of Korea, India, Australia, and the Rest of Asia-Pacific make up the surgical sealants and adhesives market in the Asia-Pacific region. Because of the large patient population of chronic diseases in countries like India and China, the Asia-Pacific region is expected to be the fastest growing region. But during COVID 19 pandemic, there was low supply of sealants in the market because of priorities given to treat only the covid infected patients. Meanwhile, there were advancements going on in the market regarding new products that are easier to use and operate.
What are the Key Data Covered in this Surgical Sealants Market Report?
- CAGR of the market during the forecast period 2023-2029
- Detailed information on factors that will drive Surgical Sealants Market growth during the next five years
- Precise estimation of the Surgical Sealants Market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the Surgical Sealants industry across North America, Europe, APAC, South America, the Middle East, and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of Surgical Sealants Market vendors
To know an additional revised 2023 list of market players, request a sample report: https://exactitudeconsultancy.com/reports/3576/surgical-sealants-market/#request-a-sample
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