Market Overview:
The global surgical sealing devices market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of surgery, rising demand for minimally invasive surgeries, and technological advancements in surgical sealing devices. Based on type, the surgical suturing and stapling devices segment is expected to account for the largest share of the global surgical sealing devices market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The growth in this segment can be attributed to factors such as rising demand for minimally invasive surgeries and technological advancements in suturing and stapling devices. Based on application, hospitals are expected to account for the largest share of the global surgical sealingdevices marketin2018.ThissegmentisalsoprojectedtogrowatachigherCAGRandmarketgrowthfactorthantheothersegmentsduringtheforecastperiod.
Product Definition:
Surgical sealing devices are medical devices that are used to seal a surgical wound. They are often made of silicone or other materials that can form a tight seal. They may be used in conjunction with stitches, staples, or adhesive strips to close a surgical wound.
Surgical Suturing and Stapling Devices:
Surgical suturing and stapling devices market is expected to grow at a lucrative rate during the forecast period. The growth of this market can be attributed to factors such as increasing demand for Minimally Invasive Surgeries (MIS), technological advancements, rising geriatric population, and growing prevalence of chronic diseases.
Minimally invasive surgeries involve smaller incisions which lead to quicker recovery than open surgeries.
Electrosurgical Sealing Devices:
Electrosurgical sealing devices are used to seal the incisions made during surgical procedures. The device works by generating an electric field which helps in coagulating tissue and also seals the cut edges together. It is a non-surgical medical procedure that uses electrical energy to coagulate, heat or vaporize tissues and also seals the wound edges together.
Application Insights:
Based on application, the global surgical sealing devices market is segmented into hospitals, clinics and other medical centers, and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This high share is attributable to a large number of procedures that require surgical closure such as obstetrics & gynecology surgeries among others.
The clinics and other medical centers segment is expected to grow at a lucrative rate over the forecast period owing to increasing demand for minimally invasive surgeries coupled with rising disposable income levels among certain groups of people including women who have had C-sections or are pregnant. These factors are likely to increase demand for sealers in these facilities which will subsequently drive growth over the forecast period.
Electrosurgical sealing devices such as electric clamps, thermal sealser systems etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for minimally invasive surgeries. Moreover, rising prevalence of chronic diseases requiring surgical interventions is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to factors such as improving healthcare facilities and growing patient awareness regarding available treatments. In addition, government initiatives encouraging medical tourism are likely to contribute toward industry expansion. For instance, The Government Of India has implemented a scheme under which 100% reimbursement is provided for treatment expenses incurred outside India up to USD X per annum. This policy encourages people from all walks of life suffering from chronic diseases like cardiac disorders or orthopedic problems etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical sealing devices market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less traumatic and cause less pain and blood loss as compared to traditional open surgery procedures.
- Rising prevalence of chronic diseases: The global surgical sealing devices market is also driven by the rising prevalence of chronic diseases such as cancer, heart disease, and diabetes mellitus, which require surgical intervention for treatment.
- Technological advancements in sealants: The development of novel sealants that offer superior performance characteristics is another key growth driver for the global surgical sealing devices market. These advanced sealants are designed to provide an effective barrier against leakage and improve patient outcomes after surgery.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Sealing Devices Market Research Report
By Type
Surgical Suturing and Stapling Devices, Electrosurgical Sealing Devices
By Application
Hospitals, Clinics, Others
By Companies
Medtronic, BD, Johnson & Johnson (Ethicon), Conmed, B. Braun Melsungen
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Sealing Devices Market Report Segments:
The global Surgical Sealing Devices market is segmented on the basis of:
Types
Surgical Suturing and Stapling Devices, Electrosurgical Sealing Devices
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, 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:
- Medtronic
- BD
- Johnson & Johnson (Ethicon)
- Conmed
- B. Braun Melsungen
Highlights of The Surgical Sealing Devices 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:
- Surgical Suturing and Stapling Devices
- Electrosurgical Sealing Devices
- By Application:
- Hospitals
- Clinics
- 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 Surgical Sealing Devices 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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- 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?
Surgical sealing devices are medical tools that are used to close surgical incisions. They come in a variety of shapes and sizes, and can be made from a variety of materials, including metal, plastic, or silicone. Surgical sealing devices are typically inserted into the surgical wound after the surgery is complete to help prevent infection and promote healing.
Some of the major companies in the surgical sealing devices market are Medtronic, BD, Johnson & Johnson (Ethicon), Conmed, B. Braun Melsungen.
The surgical sealing devices market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Surgical Sealing Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Surgical Sealing Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surgical Sealing Devices Market - Supply Chain
4.5. Global Surgical Sealing Devices Market Forecast
4.5.1. Surgical Sealing Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surgical Sealing Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surgical Sealing Devices Market Absolute $ Opportunity
5. Global Surgical Sealing Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Surgical Sealing Devices Market Size and Volume Forecast by Type
5.3.1. Surgical Suturing and Stapling Devices
5.3.2. Electrosurgical Sealing Devices
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surgical Sealing Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Surgical Sealing Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surgical Sealing Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Surgical Sealing Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Surgical Sealing Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Surgical Sealing Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Surgical Sealing Devices Demand Share Forecast, 2019-2026
9. North America Surgical Sealing Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Surgical Sealing Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Surgical Sealing Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Surgical Sealing Devices Market Size and Volume Forecast by Type
9.7.1. Surgical Suturing and Stapling Devices
9.7.2. Electrosurgical Sealing Devices
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Surgical Sealing Devices Demand Share Forecast, 2019-2026
10. Latin America Surgical Sealing Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Surgical Sealing Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Surgical Sealing Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Surgical Sealing Devices Market Size and Volume Forecast by Type
10.7.1. Surgical Suturing and Stapling Devices
10.7.2. Electrosurgical Sealing Devices
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Surgical Sealing Devices Demand Share Forecast, 2019-2026
11. Europe Surgical Sealing Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Surgical Sealing Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Surgical Sealing Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Surgical Sealing Devices Market Size and Volume Forecast by Type
11.7.1. Surgical Suturing and Stapling Devices
11.7.2. Electrosurgical Sealing Devices
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Surgical Sealing Devices Demand Share, 2019-2026
12. Asia Pacific Surgical Sealing Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Surgical Sealing Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Surgical Sealing Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Surgical Sealing Devices Market Size and Volume Forecast by Type
12.7.1. Surgical Suturing and Stapling Devices
12.7.2. Electrosurgical Sealing Devices
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Surgical Sealing Devices Demand Share, 2019-2026
13. Middle East & Africa Surgical Sealing Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Surgical Sealing Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Surgical Sealing Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Surgical Sealing Devices Market Size and Volume Forecast by Type
13.7.1. Surgical Suturing and Stapling Devices
13.7.2. Electrosurgical Sealing Devices
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Surgical Sealing Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surgical Sealing Devices Market: Market Share Analysis
14.2. Surgical Sealing Devices Distributors and Customers
14.3. Surgical Sealing Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medtronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson & Johnson (Ethicon)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Conmed
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. B. Braun Melsungen
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
