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Increasing FDA Approvals to Have Positive Impact on Surgical Sealants and Adhesives Market Growth, Major Impact of COVID-19 on Global Industry

May 25th, 2020 Market Research Future Releases

Global Surgical Sealants and Adhesives Market Research Report: by Product (Biological, Synthetic, Fibrin, Collagen, Gelatin), by Indication (Tissue Sealing, Hemostasis), by Application (General Surgeries, Cardiovascular, CNS, Urological) – Forecast Till 2023

Surgical Sealants and Adhesives Market Analysis 

The surgical sealants & adhesives market was valued USD 2.12 billion in 2017 and are likely to develop at a 9.3% CAGR between 2018- 2023, according to the recent Market Research Future (MRFR) report. Surgical sealants and adhesives are widely used owing to its usability, efficacy, and safety to repair injured tissues & support wounds during surgery. Urological surgeries, cardiovascular surgeries, orthopedic surgeries, general surgeries, central nervous system surgeries, and others are some of its key applications.

Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/7005

Various factors are adding to the global surgical sealants and adhesives market growth. These factors, as per the new MRFR report, include the growing demand for surgical services, rising concerns to decrease surgical wounds, growing application in different surgical procedures, concerns about blood loss at the time of the surgery, increasing FDA approvals and CE Mark, increasing incidence of chronic diseases, increasing geriatric population, rising case of sports-related injuries, & constant technological advancements.

On the contrary, high surgical sealants cost, availability of alternatives, and strict regulatory approvals are factors that may limit the surgical sealants and adhesives market growth over the forecast period.

Surgical Sealants and Adhesives Market Segmentation

The MRFR report provides an inclusive segmental analysis of the global surgical sealants and adhesives market based on end user, application, indication, and product.

Based on product, the surgical sealants & adhesives market is segmented into synthetic & semisynthetic sealants and adhesives and natural/biological sealants and adhesives. Of these, the natural/biological sealants and adhesives will lead the market over the forecast period.

Based on indication, the surgical sealants & adhesives market has been segmented into surgical hemostatis, tissue engineering, and tissue sealing. Of these, the tissue engineering segment will dominate the market over the forecast period for the rising need of tissue regeneration in traumatic injuries, increasing cases of burn injuries and skin injuries, and the growing number of cosmetic surgeries.

By application, the surgical sealants and adhesives market is segmented into urological surgeries, cardiovascular surgeries, orthopedic surgeries, general surgeries, central nervous system surgeries, and others. Of these, the central nervous system surgeries segment will have a major share in the market over the forecast period as central nervous system disorders are increasing worldwide.

Surgical Sealants and Adhesives Market Regional Analysis 

Based on the region, the global surgical sealants and adhesives market covers the recent trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), Latin America & the Middle East & Africa (MEA). Of these, the Americas will lead the market over the forecast period for the rising geriatric population, technological advancement, increasing surgeries, and well-developed healthcare sector. Besides, modern medical technology and high-quality healthcare in the region, the presence of key market players, and the growing significance of surgical care in the US are also adding market growth.

The surgical sealants and adhesives market in Europe is likely to hold the second-largest share during the forecast period on account of developed healthcare infrastructure and increasing surgical procedures.

The surgical sealants & adhesives market in the APAC region is predicted to grow at a quick rate over the forecast period. Factors fuelling market growth include the huge patient population suffering from chronic diseases in China & India. Besides, the ongoing transformation of the healthcare delivery system into an advanced value-based healthcare practice that can build a sustainable health system is also adding market growth.

The surgical sealants and adhesives market in the MEA is predicted to have the smallest share over the forecast period. A major market share will be held by the Middle East for the increasing initiatives by the government for the healthcare sector and the presence of a well-developed healthcare sector.

Obtain Premium Research Report Details, Considering the impact of COVID-19 @ https://www.marketresearchfuture.com/reports/surgical-sealants-and-adhesives-market-7005

Surgical Sealants and Adhesives Market Key Players

Key players profiled in the global surgical sealants and adhesives market report include Vivostat A/S (Denmark), Medtronic plc (US), Sealantis, Ltd (Israel), Johnson & Johnson (UK), Ocular Therapuetix, Inc. (US), B. Braun Melsungen AG (Germany), Cohera Medical, Inc. (US), C. R. Bard, Inc. (US), Baxter International, Inc. (US), and Sanofi Group (France).

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

NOTE: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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