Market Overview:
The global fibrin surgical sealant and adhesive market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in surgical sealants and adhesives. Based on type, the global fibrin surgical sealant and adhesive market is segmented into natural fibrin sealants and synthetic fibrin sealants. The synthetic segment is expected to grow at a higher CAGR than the natural segment during the forecast period. This can be attributed to the superior properties offered by synthetic fibrin sealants such as high tensile strength, biocompatibility, thermal stability, etc., over their natural counterparts. Based on application, the global fibrin surgical sealant and adhesive market is divided into CNS surgery, cardiovascular surgery cosmetic surgery,, others). The CNS surgery segment accounts for a major share of this market owing to increasing incidence of neurological disorders across the globe. However,.
Product Definition:
A fibrin sealant is a surgical adhesive that is used to close wounds. It is made from the protein fibrin, which is found in blood. Fibrin sealants are often used to close lacerations, surgical incisions, and other types of wounds. They are also sometimes used to help stop bleeding.
Natural:
Natural fibrin sealant and adhesive market is expected to grow at a lucrative rate over the forecast period owing to its increasing demand in surgical procedures. The natural fibrin sealants are derived from animal sources such as bovine, porcine, poultry and marine.
Synthesis:
Synthesis is the process of producing a chemical compound or mixture by combining two or more substances. In fibrin sealant and adhesive industry, synthesis refers to the process of producing synthetic fibrinogen which is an artificial blood clotting agent used for surgical procedures. It helps in preventing bleeding during surgeries and other medical treatments.
Application Insights:
The others segment that includes ophthalmic surgery, ENT surgery, plastic & reconstructive surgeries held the largest market share in 2017. The growing number of cosmetic and reconstructive surgeries is expected to be a major factor driving the demand for fibrin sealants and adhesives over the forecast period. CNS held a significant market share in terms of revenue as well as volume in 2017 owing to increasing incidence of traumatic brain injuries across the globe. According to WHO, there were nearly 2 million emergency department visits due to TBIs across Europe and more than 300,000 deaths due to TBIs in 2012 alone. Sealant application is one of the most common surgical procedures performed after traumatic brain injury (TBI) because it helps reduce cerebral herniation by preventing leakage between skull base and dura mater tissues through subarachnoid space or intracranial arteries respectively.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of developed healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending levels in this region. The Asia Pacific is expected to witness lucrative growth over the forecast period due to rising medical tourism and increasing per capita income. In addition, growing demand for cosmetic surgeries is also expected to drive regional product demand.
The European market was valued at USD X million in 2017 and is anticipated to grow at a significant rate over the forecast period owing to increasing fibrin sealant use for tissue reconstruction after trauma as well as burn injuries among adults as well as children resulting from fire accidents or road accidents respectively and other applications such as cardiovascular surgery among others are driving regional growth.
Growth Factors:
- Increasing incidence of surgical procedures requiring use of fibrin sealant and adhesive products is expected to drive the market growth.
- Rising demand for minimally invasive surgeries is also anticipated to fuel the market growth over the forecast period.
- Growing awareness about benefits of using fibrin sealant and adhesive products is projected to boost the demand for these products in coming years.
- Technological advancements in fibrin sealant and adhesive products are likely to create new opportunities for market players in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fibrin Surgical Sealant and Adhesive Market Research Report
By Type
Natural, Synthesis
By Application
CNS, Cardiovascular, Cosmetic Surgery, Others
By Companies
Vivostat A/S, Baxter International, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Fibrin Surgical Sealant and Adhesive Market Report Segments:
The global Fibrin Surgical Sealant and Adhesive market is segmented on the basis of:
Types
Natural, Synthesis
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
CNS, Cardiovascular, Cosmetic Surgery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vivostat A/S
- Baxter International, Inc.
Highlights of The Fibrin Surgical Sealant and Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Synthesis
- By Application:
- CNS
- Cardiovascular
- Cosmetic Surgery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fibrin Surgical Sealant and Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fibrin surgical sealant and adhesive are medical products used to temporarily close a wound. Fibrin surgical sealant is a blood clotting agent that is mixed with water and applied to the wound. The adhesive helps hold the clot in place until it forms a permanent scar.
Some of the major companies in the fibrin surgical sealant and adhesive market are Vivostat A/S, Baxter International, Inc..
The fibrin surgical sealant and adhesive market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fibrin Surgical Sealant and Adhesive Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fibrin Surgical Sealant and Adhesive Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fibrin Surgical Sealant and Adhesive Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fibrin Surgical Sealant and Adhesive Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fibrin Surgical Sealant and Adhesive Market Size & Forecast, 2020-2028 4.5.1 Fibrin Surgical Sealant and Adhesive Market Size and Y-o-Y Growth 4.5.2 Fibrin Surgical Sealant and Adhesive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Synthesis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 CNS
6.2.2 Cardiovascular
6.2.3 Cosmetic Surgery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fibrin Surgical Sealant and Adhesive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fibrin Surgical Sealant and Adhesive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural
9.6.2 Synthesis
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 CNS
9.10.2 Cardiovascular
9.10.3 Cosmetic Surgery
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural
10.6.2 Synthesis
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 CNS
10.10.2 Cardiovascular
10.10.3 Cosmetic Surgery
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural
11.6.2 Synthesis
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 CNS
11.10.2 Cardiovascular
11.10.3 Cosmetic Surgery
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural
12.6.2 Synthesis
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 CNS
12.10.2 Cardiovascular
12.10.3 Cosmetic Surgery
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Synthesis
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 CNS
13.10.2 Cardiovascular
13.10.3 Cosmetic Surgery
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fibrin Surgical Sealant and Adhesive Market: Competitive Dashboard
14.2 Global Fibrin Surgical Sealant and Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vivostat A/S
14.3.2 Baxter International, Inc.