Market Overview:
The global synthetic surgical sealants and adhesives market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing number of surgeries, rising demand for minimally invasive surgeries, and technological advancements in surgical sealants and adhesives. Based on type, the global synthetic surgical sealants and adhesives market is segmented into PEG hydrogel-based, cyanoacrylate-based, urethane-based, and other synthetic. The PEG hydrogel-based segment is expected to dominate the market during the forecast period owing to its properties such as biocompatibility, non toxicity, easy handling characteristics etc.
Product Definition:
A synthetic surgical sealant and adhesive is a medical device used to close, attach or hold together tissues. Synthetic surgical sealants and adhesives are important because they can help reduce the amount of blood loss during surgery, as well as promote healing.
PEG Hydrogel-based:
Polyethylene glycol (PEG) hydrogel-based, it is a type of synthetic surgical sealant and adhesive that possesses excellent mechanical properties. It is widely used in orthopedic surgeries as bone cement for joining broken or damaged bones. The product also finds application in dental and ophthalmic surgeries where it is used to close eyelids, repair corneas, etc.
Cyanoacrylate-based:
Cyanoacrylate-based and it's usage in synthetic surgical sealants and adhesives market is expected to witness significant growth over the forecast period. Cyanoacrylates are chemical compounds with a strong acyl group (–CO2–). The most commonly used name is “CA”.
Application Insights:
The market is segmented by application into hospitals, ambulatory surgical centers and clinics, and others. The hospitals segment dominated the global market in 2017 owing to increasing demand for minimally invasive surgeries coupled with rising prevalence of chronic diseases such as cardiovascular diseases, cancer, diabetes mellitus Type 2 & 3. In addition, a growing number of hospital-based procedures along with rising expenditure on healthcare are expected to drive the product demand in this segment over the forecast period.
Synthetic sealants are used widely across various applications including cardiovascular interventions (coronary bypass grafting), orthopedic surgeries (knee & hip replacement), urology procedures (ureteroscopy/cystoscopy), ophthalmology interventions (ophthalmic sutures) ENT procedures (nasal surgery/sinus repair). As per National Center for Biotechnology Information Urology encompasses the study of disorders pertaining to urine production and bladder function including neurogenic bladders and urinary incontinence.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, increasing geriatric population, and rising number of cosmetic surgeries. In addition, growing awareness regarding various advantages associated with these sealants is expected to drive demand over the forecast period. Asia Pacific is expected to witness lucrative growth during the forecast period due to rapidly improving healthcare infrastructure and increasing medical tourism in emerging economies such as India and China. Moreover, rising disposable income levels are anticipated to boost demand for advanced surgical procedures resulting in high growth potential for this regional market over the next eight years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Synthetic surgical sealants and adhesives are extensively used in minimally invasive surgeries as they help in reducing the surgical time and also minimize the post-operative complications. This is expected to drive the market growth during the forecast period.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, cardiovascular diseases, and orthopedic disorders is increasing at a rapid pace. This is leading to an increase in the number of surgeries being performed globally, which in turn is propelling the demand for synthetic surgical sealants and adhesives products.
- Technological advancements: The manufacturers are focusing on developing innovative products that can offer better performance characteristics compared to existing products in the market. This is helping them gain a larger share of this growing market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Surgical Sealants and Adhesives Market Research Report
By Type
PEG Hydrogel-based, Cyanoacrylate-based, Urethane-based, Other Synthetic
By Application
Hospitals, Ambulatory Surgical Centers & Clinics
By Companies
Meril Life Sciences, Biosintex, Johnson & Johnson, Smith & Nephew, Intuitive Surgical, Boston Scientific
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Surgical Sealants and Adhesives Market Report Segments:
The global Synthetic Surgical Sealants and Adhesives market is segmented on the basis of:
Types
PEG Hydrogel-based, Cyanoacrylate-based, Urethane-based, Other Synthetic
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
Hospitals, Ambulatory Surgical Centers & Clinics
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:
- Meril Life Sciences
- Biosintex
- Johnson & Johnson
- Smith & Nephew
- Intuitive Surgical
- Boston Scientific
Highlights of The Synthetic Surgical Sealants and Adhesives 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:
- PEG Hydrogel-based
- Cyanoacrylate-based
- Urethane-based
- Other Synthetic
- By Application:
- Hospitals
- Ambulatory Surgical Centers & Clinics
- 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 Synthetic Surgical Sealants and Adhesives 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?
Synthetic surgical sealants and adhesives are a type of medical adhesive that is made from synthetic materials. They are used to repair or replace damaged tissue in the body. Synthetic surgical sealants and adhesives can be used to fix tears in the skin, repairs after surgery, and other injuries.
Some of the major companies in the synthetic surgical sealants and adhesives market are Meril Life Sciences, Biosintex, Johnson & Johnson, Smith & Nephew, Intuitive Surgical, Boston Scientific.
The synthetic surgical sealants and adhesives market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Surgical Sealants and Adhesives 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 Synthetic Surgical Sealants and Adhesives Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Synthetic Surgical Sealants and Adhesives 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 Synthetic Surgical Sealants and Adhesives 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 Synthetic Surgical Sealants and Adhesives Market Size & Forecast, 2020-2028 4.5.1 Synthetic Surgical Sealants and Adhesives Market Size and Y-o-Y Growth 4.5.2 Synthetic Surgical Sealants and Adhesives 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 PEG Hydrogel-based
5.2.2 Cyanoacrylate-based
5.2.3 Urethane-based
5.2.4 Other Synthetic
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 Hospitals
6.2.2 Ambulatory Surgical Centers & Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Surgical Sealants and Adhesives 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 Synthetic Surgical Sealants and Adhesives 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 PEG Hydrogel-based
9.6.2 Cyanoacrylate-based
9.6.3 Urethane-based
9.6.4 Other Synthetic
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 Hospitals
9.10.2 Ambulatory Surgical Centers & Clinics
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 PEG Hydrogel-based
10.6.2 Cyanoacrylate-based
10.6.3 Urethane-based
10.6.4 Other Synthetic
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 Hospitals
10.10.2 Ambulatory Surgical Centers & Clinics
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 PEG Hydrogel-based
11.6.2 Cyanoacrylate-based
11.6.3 Urethane-based
11.6.4 Other Synthetic
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 Hospitals
11.10.2 Ambulatory Surgical Centers & Clinics
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 PEG Hydrogel-based
12.6.2 Cyanoacrylate-based
12.6.3 Urethane-based
12.6.4 Other Synthetic
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 Hospitals
12.10.2 Ambulatory Surgical Centers & Clinics
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 PEG Hydrogel-based
13.6.2 Cyanoacrylate-based
13.6.3 Urethane-based
13.6.4 Other Synthetic
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 Hospitals
13.10.2 Ambulatory Surgical Centers & Clinics
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 Synthetic Surgical Sealants and Adhesives Market: Competitive Dashboard
14.2 Global Synthetic Surgical Sealants and Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Meril Life Sciences
14.3.2 Biosintex
14.3.3 Johnson & Johnson
14.3.4 Smith & Nephew
14.3.5 Intuitive Surgical
14.3.6 Boston Scientific