Market Overview:
The global vascular sealant 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 incidence of cardiovascular diseases, technological advancements in sealants, and rising demand for minimally invasive surgeries. Based on type, the global vascular sealant market is segmented into natural/biological sealants and synthetic sealants. The synthetic segment is expected to grow at a higher CAGR than the natural/biological segment during the forecast period. This can be attributed to the advantages offered by synthetic sealants such as high tensile strength, biocompatibility, and low shrinkage rates. Based on application, hospitals are estimated to account for a larger share of the global vascular sealant market than clinics and ambulatory surgical centers during 2018-2030 owing to factors such as growing number of surgeries performed in hospitals.
Product Definition:
A vascular sealant is a medical device that is used to close an opening in a blood vessel. It is often used to stop bleeding after surgery.
Natural/Biological Sealants:
Natural/biological sealants are synthetic polymers that are used to close damaged blood vessels. These sealants act as a substitute for surgical stents and can be used in place of conventional open surgeries. The natural/biosimilar market is estimated to grow at a CAGR of XX% during the forecast period, owing to its increasing usage in the treatment of coronary artery disease, peripheral vascular disease, and other chronic diseases.
Synthetic Sealants:
Synthetic sealants are adhesives that are manufactured to mimic the properties of natural body fluids such as collagen and elastin. They have applications in medical devices, drug delivery systems, and prosthetics. Synthetic sealants can be classified into three broad categories; polyurethane (PU), silicone rubber (SR), and acrylics (A). PU is a widely used synthetic adhesive due to its versatility across a wide range of substrates along with high bonding strength.
Application Insights:
Based on application, the global market is segmented into hospitals, clinics and ambulatory surgical centers. The clinics segment dominated the market in 2017 owing to increasing usage of sealants for various cardiovascular procedures including percutaneous coronary intervention (PCI), catheter ablation and stent implantation. According to a study published by NCBI in 2018, around 1% of patients suffering from atrial fibrillation will develop this condition again after 50 years of being free from it. Therefore, preventive measures taken through regular checkups are crucial for maintaining overall healthiness especially during old age groups where prevalence rates increase significantly. This factor along with rising awareness about preventable diseases is anticipated to drive demand for vascular sealants over the forecast period thereby driving growth in this segment.
Regional Analysis:
North America dominated the global market in 2017 owing to factors such as increasing prevalence of cardiovascular diseases, growing geriatric population, and rising number of surgeries. In addition, high adoption rate of advanced technologies and presence of major vascular sealant manufacturers are also contributing towards the growth in this region.
Asia Pacific is expected to witness lucrative growth over the forecast period due to factors such as improving healthcare infrastructure with an increase in government spending on healthcare. Moreover, economic development coupled with rise in disposable income will also boost demand for various medical products including synthetic and natural vascular sealsants over the forecast period.
Growth Factors:
- Increasing incidence of vascular diseases
- Rising demand for minimally invasive surgeries
- Technological advancements in vascular sealant products
- Growing awareness about the benefits of using vascular sealants
- Rising healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Vascular Sealant Market Research Report
By Type
Natural/Biological Sealants, Synthetic Sealants
By Application
Hospitals, Clinics, Ambulatory Surgical Centers
By Companies
Advanced Medical Solutions, Cardinal Health, BD, Adhesys Medical, Baxter International, Johnson & Johnson, Gecko Biomedical, Covidien, Cryolife, GluStitch, CSL Behring, CuraMedical BV, Cohera Medical, Cellphire, Endomedix
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Vascular Sealant Market Report Segments:
The global Vascular Sealant market is segmented on the basis of:
Types
Natural/Biological Sealants, Synthetic Sealants
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, Clinics, Ambulatory Surgical Centers
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:
- Advanced Medical Solutions
- Cardinal Health
- BD
- Adhesys Medical
- Baxter International
- Johnson & Johnson
- Gecko Biomedical
- Covidien
- Cryolife
- GluStitch
- CSL Behring
- CuraMedical BV
- Cohera Medical
- Cellphire
- Endomedix
Highlights of The Vascular Sealant 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/Biological Sealants
- Synthetic Sealants
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- 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 Vascular Sealant 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.
How you may use our products:
- Correctly Positioning New Products
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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?
A vascular sealant is a type of medical adhesive that is used to close off blood vessels. It can be used to treat conditions such as varicose veins, spider veins, and hemorrhoids.
Some of the major players in the vascular sealant market are Advanced Medical Solutions, Cardinal Health, BD, Adhesys Medical, Baxter International, Johnson & Johnson, Gecko Biomedical, Covidien, Cryolife, GluStitch, CSL Behring, CuraMedical BV, Cohera Medical, Cellphire, Endomedix.
The vascular sealant 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 Vascular Sealant 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 Vascular Sealant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vascular Sealant 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 Vascular Sealant 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 Vascular Sealant Market Size & Forecast, 2020-2028
4.5.1 Vascular Sealant Market Size and Y-o-Y Growth
4.5.2 Vascular Sealant 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/Biological Sealants
5.2.2 Synthetic Sealants
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 Clinics
6.2.3 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vascular Sealant 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 Vascular Sealant 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/Biological Sealants
9.6.2 Synthetic Sealants
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 Clinics
9.10.3 Ambulatory Surgical Centers
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/Biological Sealants
10.6.2 Synthetic Sealants
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 Clinics
10.10.3 Ambulatory Surgical Centers
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/Biological Sealants
11.6.2 Synthetic Sealants
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 Clinics
11.10.3 Ambulatory Surgical Centers
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/Biological Sealants
12.6.2 Synthetic Sealants
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 Clinics
12.10.3 Ambulatory Surgical Centers
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/Biological Sealants
13.6.2 Synthetic Sealants
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 Clinics
13.10.3 Ambulatory Surgical Centers
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 Vascular Sealant Market: Competitive Dashboard
14.2 Global Vascular Sealant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Advanced Medical Solutions
14.3.2 Cardinal Health
14.3.3 BD
14.3.4 Adhesys Medical
14.3.5 Baxter International
14.3.6 Johnson & Johnson
14.3.7 Gecko Biomedical
14.3.8 Covidien
14.3.9 Cryolife
14.3.10 GluStitch
14.3.11 CSL Behring
14.3.12 CuraMedical BV
14.3.13 Cohera Medical
14.3.14 Cellphire
14.3.15 Endomedix
