According to the report Global Surgical Sealants and Adhesives Market, published by Market Data Forecast, the market was worth USD 1.88 billion in 2016 and it is projected to reach USD 2.97 billion by 2021, at a CAGR of 9.6% from 2016 to 2021.
Sealant is the substance used to block the fluid passage through the joints. Adhesive is applied to any substance to one surface, or both surfaces, of two separate items that binds them together and resists their separation.
Surgery typically involves cutting of tissues and closure of traumatic wounds. Surgical Sealants and Adhesives are materials used for repairing injured tissues, binding the tissues together externally and internally after injury or surgery, strengthening surgical wounds and replacing common stitching practices. General surgery, central nervous system, pulmonary cardiovascular, orthopaedic ophthalmology, urology, are major applications.
Global Surgical Sealants and Adhesives Market: Drivers & Restraints
The Global market is primarily driven by the rising incidence of various chronic disorders such as obesity and CVDs, high accident rates, growing need to manage blood loss in patients, increasing incidence of trauma, rising number of surgeries and augmenting geriatric population. Secondary factors include increasing uptake of technologically advanced products owing to the FDA and CE Mark approvals.
Clinical data requirements for product approval are costly, lack of awareness, low disposable income and the lack of reimbursements are the major restraints of this market.
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Global Surgical Sealants and Adhesives Market: Segmentation
- By Product
o Natural/Biological Sealants and Adhesives
- By Type
o Polypeptide/Protein-Based Sealants and Adhesives
- Fibrin Based
- Collagen Based
- Gelatine Based
- Albumin Based
o Polysaccharide Based Sealants and Adhesives
- Chitosan Based
- Other Polysaccharide Based
- By Origin
o Human Blood Based
o Animal Based
o Synthetic and Semisynthetic Sealants and Adhesives
- Polyethylene Glycol Based Hydrogel
- Urethane-Based Adhesives
- Other Synthetic Sealants and Adhesives
- By Indication
o Surgical Hemostasis
o Tissue Sealing
o Tissue Engineering
- By Application
o Central Nervous System (CNS) Surgeries
o General Surgeries
o Cardiovascular Surgeries
o Orthopedic Surgeries
o Cosmetic Surgeries
o Ophthalmic Surgeries
o Urological Surgeries
o Pulmonary Surgeries
o Other Applications
Global Surgical Sealants and Adhesives Market: Overview
Traditionally, surgical wounds have been closed with a variety of sutures with different sizes, strengths, and compositions. Sutures and staples typically achieves its intended goal of approximating the tissue at the wound site until the physiologic seal is accomplished.
So, sealants and adhesives have evolved to become useful accompaniments in modern surgical procedures. They are widely preferred because of their safety, efficacy, and usability in repairing injured tissues and support wounds obtained during surgery.
As volume of surgeries is increasing, extensive R&D activities focused on the widening applications of surgical sealants and adhesives are also rising. Currently, sealants are facing limited market growth owing to their high costs.
Global Surgical Sealants and Adhesives Market: Region-wise Outlook
By geography, the Global Surgical Sealants and Adhesives market has been categorized into UK, Spain, France, Germany and others. It is the second largest market in terms of market share.
UK is the leading market in the region. Increased number of FDA and CE approvals resulting in growing adoption of surgical sealants and technological advancements are the causes attributed to the observable trend mentioned above.
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