Surgical Sealants And Adhesives Market To Reap Over USD 5.4 Billion In Revenues By End Of 2030: Grand View Research Inc.

 Surgical Sealants And Adhesives Market Growth & Trends

The global surgical sealants and adhesives market size is expected to reach USD 5.4 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.6% from 2023 to 2030. Proper closure of injured tissues post-operation is a major step to restore tissue’s structure and function. Postoperative leakages occur in 3% to 15% of cases and are considered serious complications. They are responsible for one-third of postoperative deaths in patients. Surgical sealants and adhesives are designed to improve patient outcomes by reducing the prospect of postsurgical complications, such as leakages, thus resulting in improved patient outcomes through the prevention of leakage and a decrease in length of stay and mortality rates.

The rapid advancements in sealants and adhesives are major impact rendering drivers, and their usage in modern surgery to reduce anastomotic leakage has risen significantly. Surgical adhesive is expected to replace traditional surgical sealing agents such as sutures, wires, and staples. These are time taking, can result in further tissue trauma, and are hard to use in some surgical locations. Surgical sealants overcome these issues and create immediate and proper sealing, compared to sutures and staples. The factors contributing to the growth of the market are the rising demand for surgical services worldwide and increasing concerns to reduce postoperative wound infections. Surgical procedures are increasing worldwide, with the WHO estimations projecting surgeries to account for approximately 235 million per year globally.

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Surgical Sealants And Adhesives Market Report Highlights

• North America held the largest revenue share in 2022 owing to the growing demand for high-quality healthcare in the region
• Asia Pacific is expected to observe lucrative growth over the forecast period due to the transformation of healthcare delivery systems into advanced value-based healthcare practices to establish a sustainable health system
• In the natural and biological adhesives and sealants type segment, the fibrin sealants segment accounted for the largest revenue share in 2022
• In the synthetic and semi-synthetic adhesives and sealants type segment, the cyanoacrylates segment is expected to register the fastest growth rate in the forecast period owing to its fast-drying properties, strong mechanical strength, and ease of adhesion
• Market participants combine a blend of both large public companies and more specialized small companies. These companies focus on only one segment or product. An example of such companies is Cohera Medical, Inc.

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Surgical Sealants And Adhesives Market Segmentation

Grand View Research has segmented the global surgical sealants and adhesives market on the basis of type, application, and region:

Surgical Sealants & Adhesives Product Outlook (Revenue, USD Million; 2018 - 2030)

• Natural/Biological Adhesives And Sealants 
  • Fibrin Sealants
  • Collagen Based Adhesives
  • Gelatin Based Adhesives
• Synthetic & Semi Synthetic Adhesives And Sealants 
  • Cyanoacrylates
  • Polymeric Hydrogels
  • Urethane Based Adhesives

Surgical Sealants & Adhesives Application Outlook (Revenue, USD Million; 2018 - 2030)

• Central Nervous System Surgery
• Cardiovascular Surgery
• General Surgery
• Orthopedic Surgery
• Cosmetic Surgery
• Pulmonary Surgery
• Urology Surgery
• Ophthalmology Surgery
• Others

Surgical Sealants & Adhesives Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in Surgical Sealants And Adhesives Market

• Baxter International, Inc.
• CryoLife, Inc.
• R. Bard, Inc.
• Medtronic PLC
• Braun Melsungen AG
• Cohera Medical, Inc.
• Ethicon, Inc. [J&J]
• Mallinckrodt plc
• Cardinal Health
• Integra LifeSciences Holdings Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.