Surgical Sealants Market
Global Surgical Sealants Market Size, Share & Trends Analysis Report by Type (Natural or Biological Sealants, and Synthetic and Semi-Synthetic Sealants), By Indications (Surgical Hemostasis, Tissue Sealing, and Tissue Engineering), By Applications (Central Nervous System (CNS) Surgeries, General Surgeries, Cardiovascular Surgeries, Orthopedic Surgeries, Cosmetic Surgeries, Urological Surgery, Pulmonary Surgeries, and Others (Ophthalmic Surgeries) By End User (Hospitals, Clinics, and Ambulatory Surgical Centers) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The global surgical sealants market is anticipated to grow at a CAGR of 9.7% during the forecast period. Surgical sealants are used to repair elastic and soft tissue such as wounded injury, lungs, and heart among others. It prevents the leakage of the tissue by binding them together, internally and externally, during injury or post-surgery. The sealant products are made from natural or synthetic materials such as gelatin, fibrin, albumin, and polyethylene glycol (PEG) polymers. Surgical sealants and adhesives have significantly been used over conventional approaches used for wound closure such as staples and sutures. Surgical sealants have increasingly being adopted by surgeons in cardiovascular surgery, pulmonary surgery, orthopedic surgery, and ophthalmic surgery, among others. The various advantages associated with surgical sealants such as safety, easy usability, and efficacy in several conditions in different tissues. Moreover, it promotes wound healing and significantly removes the requirement of sutures and staples.
The increasing awareness of the benefits of surgical sealants in surgical procedure, and the rising number of surgical procedures due to the sedentary lifestyle and faulty dietary habits of the adult population in the US is majorly propelling the growth of the global surgical sealants market. Besides, the rising prevalence of chronic disease, the number of surgeries has increased as most of the chronic diseases in later stages demand surgeries. For instance, as per Dementia Australia, around 459,000 Australians were living with dementia in 2020, and about 1.6 million were involved in their center for care. It is estimated to reach 1.1 million by 2058.
The high cost associated with surgical sealants and adhesives in the low- and middle-income economies is the major factor restraining the growth of the global surgical sealants market. The side effects associated with the sealants and adhesives, stringent regulatory policies, low surgical incision closure strength, and availability of cheaper alternative products such as sutures and staples are some of the factors limiting the growth of the global surgical sealants market. However, the rising prevalence of chronic diseases such as cancer and heart diseases, a significant increase in the number of FDA approvals, and increasing investments by major players in emerging economies are likely to fuel the market growth in the near future.
Impact of COVID-19 Pandemic on Global Surgical Sealants Market
The global surgical sealants market is hardly hit by the COVID-19 pandemic since December 2019. The pandemic has had an impact on how people function and how different surgical procedures are performed. For surgeons to continue to provide safe and appropriate treatment to their patients during the COVID-19 pandemic, stringent guidelines specific to each speciality must be enforced and followed. The number of surgeries has significantly declined during the pandemic, due to the strict guidelines by the regulatory authorities to avoid all non-emergent surgeries. This would have an impact on the procurement of surgical sealants and adhesives in surgical centers. The outbreak of COVID-19 has disrupted the supply of raw materials and products across the globe, hence impacted the surgical sealants market negatively. To fight the pandemic the key players were focusing on the manufacturing of chemicals for sanitizers, and also donated methylene diphenyl diisocyanate (MDI) to enable the manufacture of prefabricated polyurethane insulation panels for hospital construction and other materials to manufacture personal protective equipment (PPE) for medical personnel fighting the coronavirus. The market will witness “V” shape recovery in near future owing to the restart of key industries in major economies.
Segmental Outlook
The global surgical sealants market is segmented based on type, indication, application, and end-user. Based on the type, the market is segmented into natural or biological sealants and synthetic and semi-synthetic sealants. Further, the natural or biological sealants are segmented into fibrin sealants, collagen-based adhesives, and gelatin-based adhesives. The synthetic and semi-synthetic sealants are segmented into cyanoacrylates, polymeric hydrogels, and others (polyethylene glycol polymer). Based on the indication, the market is segmented into surgical hemostasis, tissue sealing, and tissue engineering. Based on the application, the market is segmented into central nervous system (CNS) surgeries, general surgeries, cardiovascular surgeries, orthopedic surgeries, cosmetic surgeries, urological surgery, pulmonary surgeries, and others. Besides, based on the end-user, the market is segmented into hospitals, clinics, and ambulatory surgical centers.
Global Surgical Sealants Market Share by Type, 2020 (%)
Natural or Biological Sealants Segment holds the significant share in the Market
Among the sealants type, the natural or biological sealants segments held the major share in 2020 and is also anticipated to grow during the forecast period. Natural or biological are further classified into fibrin, collagen-based, and gelatin-based. Fibrin sealants held the largest market share in the year 2020, due to their applications in medical practice. Surgical Sealants effective for various applications include thoracic, cardiovascular surgery, orthopedic surgery, central nervous system (CNS) surgery, general surgery, cosmetics surgery, and reconstructive surgeries. Furthermore, among other sealants, fibrin is the only product to have received approval from the FDA, to be used under all three groups, namely hemostats, sealants, and adhesives. For instance, in September 2018, Baxter International Inc., a medical products company, has acquired hemostat and sealant products from Mallinckrodt plc which include RECOTHROM Thrombin topical (Recombinant), the first and only stand-alone recombinant thrombin, and PREVELEAK Surgical Sealant, which is used in vascular reconstruction, both are fibrin-based products and approved by the US FDA.
Regional Outlook
The global surgical sealants market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America holds a dominant position in the global surgical sealants market in 2020 due to the rise in the number of surgeries along with the wide availability of modern medical technology in the region. Moreover, the sedentary lifestyle of the population has significantly increased the surgical procedures in the region, which in turn fuels the market growth in the region.
Global Surgical Sealants Market Growth, by Region 2021-2027
Asia-Pacific is projected to have considerable growth in the global surgical sealants market
The Asia-Pacific is projected to exhibit the fastest growth in the global surgical sealants market during the forecast period. This is mainly owing to the presence of a huge pool of patients especially people over 65 years, and increasing healthcare spending by government authorities and individuals. For instance, as per the WHO, in 2018, around 6.8% of GDP was the healthcare expenditure in Asia-pacific. Besides, as per the World Bank, in 2019, around 28% of the Japanese population is more than 65 years. And around 11.47% of the China population is over 65 years. The elderly are at a greater risk of developing chronic disease which required surgery. Thus, rapid development in the healthcare sector is assisting the companies to develop their market in the Asia-Pacific region. Moreover, the refining healthcare infrastructure due to increasing awareness of natural sealants among the population is one of the factors driving the growth of the surgical sealants market in the Asia Pacific.
Market Players Outlook
The key players of the surgical sealants market include Baxter International Inc., B. Braun Melsungen AG, Cohera Medical, Inc., CryoLife Inc., C.R. Bard Inc., CSL Limited (CSL Behring), Johnson & Johnson (Ethicon, Inc.), Ocular Therapeutix Inc., among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, geographical expansion, collaborations, and new product launches, to stay competitive in the market. For instance, in January 2019, Advanced Medical Solutions Group plc, the surgical and advanced wound care specialist company, has announced that it has acquired Sealantis Limited, a developer of an alginate-based tissue adhesive technology platform, for around $25 million.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global surgical sealants market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Surgical Sealants Industry
• Recovery Scenario of Global Surgical Sealants Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Surgical Sealants Market, By Type
5.1.1. Natural or Biological
5.1.1.1. Fibrin Sealants
5.1.1.2. Collagen Based Adhesives
5.1.1.3. Gelatin Based Adhesives
5.1.2. Synthetic and Semi-Synthetic Sealants
5.1.2.1. Cyanoacrylates
5.1.2.2. Polymeric Hydrogels
5.1.2.3. Others (Polyethylene Glycol Polymer)
5.2. Global Surgical Sealants Market, By Indication
5.2.1. Surgical Hemostasis
5.2.2. Tissue Sealing
5.2.3. Tissue Engineering
5.3. Global Surgical Sealants Market, By Application
5.3.1. Central Nervous System (CNS) Surgeries
5.3.2. General Surgeries
5.3.3. Cardiovascular Surgeries
5.3.4. Orthopedic Surgeries
5.3.5. Cosmetic Surgeries
5.3.6. Urological Surgery
5.3.7. Pulmonary Surgeries
5.3.8. Others (Ophthalmic Surgeries)
5.4. Global Surgical Sealants Market, By End-User
5.4.1. Hospitals
5.4.2. Clinics
5.4.3. Ambulatory Surgical Centers
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 3M Co.
7.2. Adhesys Medical GmbH
7.3. Adhezion Biomedical
7.4. Advanced Medical Solutions Group Plc
7.5. Arch Therapeutics, Inc.
7.6. Asahi Kasei Corp.
7.7. B. Braun Melsungen AG
7.8. Baxter International, Inc.
7.9. Becton, Dickinson, and Co. (BD)
7.10. Cardinal Health, Inc.
7.11. Cohera Medical, Inc.
7.12. CryoLife, Inc.
7.13. CSL Ltd.
7.14. Endomedix
7.15. Ethicon US, LLC (Johnson & Johnson)
7.16. Grünenthal GmbH
7.17. Integra LifeSciences Corp.
7.18. Kuros Biosciences Ltd.
7.19. Mallinckrodt Plc
7.20. Medtronic Plc
7.21. Ocular Therapeutix, Inc.
7.22. Pfizer Inc.
7.23. Polyganics
7.24. Stryker Corp.
7.25. Takeda Pharmaceutical Co. Ltd.
7.26. Teijin Ltd.
7.27. Tissuemed Ltd
7.28. Ultimate Dental
7.29. Vivostat A/S
1. GLOBAL SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
2. GLOBAL SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
3. GLOBAL NATURAL OR BIOLOGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
4. GLOBAL NATURAL OR BIOLOGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
5. GLOBAL SYNTHETIC AND SEMI-SYNTHETIC SEALANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
6. GLOBAL SYNTHETIC AND SEMI-SYNTHETIC SEALANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
7. GLOBAL SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2020-2027($ MILLION)
8. GLOBAL SURGICAL HEMOSTASIS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
9. GLOBAL TISSUE SEALING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
10. GLOBAL TISSUE ENGINEERING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
11. GLOBAL SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
12. GLOBAL CENTRAL NERVOUS SYSTEM (CNS) SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
13. GLOBAL GENERAL SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
14. GLOBAL CARDIOVASCULAR SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
15. GLOBAL ORTHOPEDIC SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
16. GLOBAL COSMETIC SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
17. GLOBAL UROLOGICAL SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
18. GLOBAL PULMONARY SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
19. GLOBAL OTHERS APPLICATION IN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
20. GLOBAL SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
21. GLOBAL SURGICAL SEALANTS FOR HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
22. GLOBAL SURGICAL SEALANTS FOR CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
23. GLOBAL SURGICAL SEALANTS FOR AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
24. NORTH AMERICAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
25. NORTH AMERICAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
26. NORTH AMERICAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2020-2027($ MILLION)
27. NORTH AMERICAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
28. NORTH AMERICAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
29. EUROPEAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
30. EUROPEAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
31. EUROPEAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2020-2027($ MILLION)
32. EUROPEAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
33. EUROPEAN SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
34. ASIA-PACIFIC SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
35. ASIA-PACIFIC SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
36. ASIA-PACIFIC SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2020-2027($ MILLION)
37. ASIA-PACIFIC SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
38. ASIA-PACIFIC SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
39. REST OF THE WORLD SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
40. REST OF THE WORLD SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
41. REST OF THE WORLD SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2020-2027($ MILLION)
42. REST OF THE WORLD SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
43. REST OF THE WORLD SURGICAL SEALANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL SURGICAL SEALANTS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL SURGICAL SEALANTS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL SURGICAL SEALANTS MARKET, 2021-2027 (%)
4. GLOBAL SURGICAL SEALANTS MARKET SHARE BY TYPE, 2020 VS 2027(%)
5. GLOBAL SURGICAL SEALANTS MARKET SHARE BY INDICATION, 2020 VS 2027(%)
6. GLOBAL SURGICAL SEALANTS MARKET SHARE BY APPLICATION, 2020 VS 2027(%)
7. GLOBAL SURGICAL SEALANTS MARKET SHARE BY END-USER, 2020 VS 2027(%)
8. GLOBAL SURGICAL SEALANTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027(%)
9. GLOBAL NATURAL OR BIOLOGICAL SEALANTS MARKET SHARE BY REGION, 2020 VS 2027(%)
10. GLOBAL SYNTHETIC AND SEMI-SYNTHETIC SEALANTS MARKET SHARE BY REGION, 2020 VS 2027(%)
11. GLOBAL SURGICAL HEMOSTASIS MARKET SHARE BY REGION, 2020 VS 2027(%)
12. GLOBAL TISSUE SEALING MARKET SHARE BY REGION, 2020 VS 2027(%)
13. GLOBAL TISSUE ENGINEERING MARKET SHARE BY REGION, 2020 VS 2027(%)
14. GLOBAL CENTRAL NERVOUS SYSTEM (CNS) SURGERIES MARKET SHARE BY REGION, 2020 VS 2027(%)
15. GLOBAL GENERAL SURGERIES MARKET SHARE BY REGION, 2020 VS 2027(%)
16. GLOBAL CARDIOVASCULAR SURGERIES MARKET SHARE BY REGION, 2020 VS 2027(%)
17. GLOBAL ORTHOPEDIC SURGERIES MARKET SHARE BY REGION, 2020 VS 2027(%)
18. GLOBAL COSMETIC SURGERIES MARKET SHARE BY REGION, 2020 VS 2027(%)
19. GLOBAL UROLOGICAL SURGERIES MARKET SHARE BY REGION, 2020 VS 2027(%)
20. GLOBAL PULMONARY SURGERIES MARKET SHARE BY REGION, 2020 VS 2027(%)
21. GLOBAL OTHERS APPLICATION IN SURGICAL SEALANTS MARKET SHARE BY REGION, 2020 VS 2027(%)
22. GLOBAL SURGICAL SEALANTS FOR HOSPITAL MARKET SHARE BY REGION, 2020 VS 2027(%)
23. GLOBAL SURGICAL SEALANTS FOR CLINICS MARKET SHARE BY REGION, 2020 VS 2027(%)
24. GLOBAL SURGICAL SEALANTS FOR AMBULATORY SURGICAL CENTERS MARKET SHARE BY REGION, 2020 VS 2027(%)
25. US SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
26. CANADA SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
27. UK SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
28. FRANCE SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
29. GERMANY SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
30. ITALY SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
31. SPAIN SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
32. REST OF EUROPE SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
33. INDIA SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
34. CHINA SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
35. JAPAN SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
36. SOUTH KOREA SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
37. REST OF ASIA-PACIFIC SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
38. REST OF THE WORLD SURGICAL SEALANTS MARKET SIZE, 2020-2027($ MILLION)
