Surgical sealants and adhesives are materials used to repair injured tissues, strengthened surgical wounds, binding the tissues together externally and internally after injury or surgery and even replace common stitching practices. Surgical sealants and adhesives are preferred over traditional methods for wound closure such as staples and suture due to their numerous advantages like efficacy, usability and safety in several situations in different tissues. They can be used in combination with sutures and staples for strengthening, in sealing leaks of fluids or gas and also treating emergency hemostasis, successfully. These products help wound healing and eliminates the need of sutures by forming a chemical bond or barrier to stop the body fluids or blood oozing after surgery or an injury. Global surgical sealants and adhesives market is growing substantially with increasing number of surgical procedures. Inclination towards quicker, safer, simpler and minimally invasive surgical procedures has encouraged the growth of sutureless practices, such as the use of sealants and adhesive interfaces to restore functionality and integrity of soft tissue. These products largely eliminates the risk of blood-borne disease transmission, infection rate and tissue reactivity. Furthermore, presence of staple or suture materials in surgical injuries is considered to increase the risk of infections causing wound chronicity, retarding wound healing, and in turn, is life threatening for patients.

The growth of surgical sealant and adhesives market is driven by the growing demand for surgical services and rising concerns to decrease surgical injuries, blood loss and reduced postoperative wound infections. Also growing number of ageing population and increasing burden of chronic disease will propel the growth of surgical adhesives and sealants market. Additionally, surgical sutures and staples cause hatch marks, whereas surgical sealants and adhesives don’t leave any marks resulting in excellent cosmetic outcome. Increasing rate of surgeries, facilitating widespread R&D activities targeting surgical sealants and adhesives, is anticipated to sustenance long-term growth of the market. Traditional substitutes to surgical sealants and adhesives are stiches and staples, which are anticipated to be replaced by these products, attributed to their better wound closure abilities, with nominal blood loss. These sealants and adhesives do not need to be removed and hence facilitate low pain operations. However, handling surgical sealants and adhesives demands for professionals specially trained to perform the procedures skillfully to achieve maximum advantage and to minimize complications. Also the high cost of these products and strict regulatory approvals, collectively hamper the growth of surgical sealants and adhesives market substantially over the forecast period.

The global surgical sealants and adhesive market can be segmented on the basis of product type in two broad segments, Natural or biological sealants & adhesives and Synthetic and Semi Synthetic sealants & adhesives. Natural or biological sealants & adhesives can be further divided into two main segments on the basis of type and origin. On the basis of type, biological sealants are Collagen based, Fibrin based and Gelatin based. On the basis of origin, natural or biological sealants & adhesives are Animal-based and Human Blood-based. Synthetic and Semi Synthetic Sealants are further divided in to Polymeric Hydrogels, Cyanoacrylates and Urethane based. On the basis of application, the market can be segmented as Cosmetic Surgery, Ophthalmology, Central Nervous System, Pulmonary and Cardiovascular Surgery, Urology, Orthopedic Surgery, General Surgery, and others. On the basis of end user, Surgical sealants and adhesive market is segmented in to, Hospitals, Clinics and Ambulatory Surgical care Centers.

Geographically, the market is segmented in to five main regions, North America, Latin America, Asia Pacific, Europe and Middle East & Africa. North America holds major share of the market globally. High quality healthcare along with modern medical technology, and health policies giving more importance to surgical care are some of the factors contributing to the market growth. Asia Pacific is expected to project rapid growth due to advanced value-based healthcare practices. This will enable people to get better facilities at affordable price thereby promoting the usage of new techniques in healthcare practices including surgeries.

Key players of the global surgical sealants and adhesive markets are LifeBond Ltd, Baxter International Inc., CryoLife, Inc., Medtronic plc, B. Braun Melsungen AG, Vivostat A/S, Cohera Medical, Inc., Ethicon US, LLC. (Johnson & Johnson), Sealantis Ltd, Ocular Therapuetix, Inc., and others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Surgical Sealants Adhesives Market

Pre Book