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Dural sealants are used for sealing an open wound and bodily fluids or blood vessels and holding up the external tissue i.e. the skin in a surgical procedure. Sealants are widely used in multiple applications such as holding internal organs, blood vessels, skin and other tissues of the human body during the time of a surgical procedure. Dural sealants help to create a polymer film such as polylactide or polyglycolide that can be absorbed by the body, thus separating the adhesive properties. The increasing rate of development of the healthcare sector and advent of latest innovations for better therapy are the prime factors augmenting the growth of the global dural sealants market.
The rise in disposable incomes of people have propelled them to opt for better life choices be it a luxurious lifestyle or top notch medical facilities for the health of themselves and their kith and kin. Such factors are estimated to promote the growth of the global dural sealants market during the forecast period, set between 2021 and 2031. Additionally, the rises in prevalence of various chronic and acute diseases that require surgical procedures for cure also stand in support of the global dural sealant market.
The report on the global dural sealant market offers insights into the market and focuses on the growth drivers, restraints, challenges, and future growth opportunities. It also discusses the impact of the COVID19 pandemic on this market and how can players attract notable revenues during this time period by adopting strategies such as product innovations, product quality improvement, and others. The table of segmentation is also thoroughly discussed in this report along with the list of players competing in this market and their key contributions. For more information on the report, log on to the company website.
There are multiple players functioning in the global dural sealant market, thereby making the nature of competition highly fragmented. All competitors are adopting various strategies in order to maintain a significant position in the market competition. Some of these strategies include merger and acquisition, joint ventures, and product innovations. Besides this, some players are also investing heartily on R&D activities and expanding brand name geographically to ensure the leading place in the dural sealant market competition.
Some of the key players of the global Dural Sealant market include:
The rise in geriatric population and their vulnerability to various diseases propels the need for surgical treatment more often. This ultimately augments the demand for dural sealant, thereby promoting the growth of this market. Besides this, the rising number of new establishments in healthcare sector and the advent of better medical devices for surgical technology will further help this market attract high revenues in the coming years. On the flipside, the high treatment cost and high risk of infection or side effects on the patient such as paralysis, nerve damage, herniated disk, infection, and pain, may pose a major challenge to the overall growth of this market. Nevertheless, the recent development of novel sealants that supports the regeneration of tissues may turn tables around and create new growth opportunities for the global dural sealant market in the forecast period.
The global Dural Sealant market was dominated by North America on account of high prevalence of acute and chronic diseases, coupled with the presence of well-established healthcare and medical infrastructure and facilities. The presence of major players in the developed nations of the United States and Canada are also supporting the dominance of North America on the dural sealant market. On the other side, Asia Pacific is projected to witness significant growth rate in the forecast period on account of the rapid expansion of medical devices and manufacturing facilities in India and China.
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Dural Sealants Market
