Surgical Sealants and Adhesives Market Applications are CNS, Cardiovascular, Cosmetic Surgery Growth at a CAGR of 9.6%

-
Surgical sealants and adhesives market are the increasing number of sports-related injuries and trauma wounds, growing geriatric population, rising incidences of chronic diseases, increasing number of regulatory approvals for surgical sealants and adhesives, and concerns regarding blood loss during surgeries. In addition, the growing application of surgical sealants and adhesives in several surgical procedures play a key role in the overall market during the forecast period.
MarketsandMarkets forecasts the Surgical Sealants and Adhesives market to grow from USD 1.87 billion in 2016 to USD 2.95 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.
Among the type of surgical sealants and adhesives, the synthetic & semisynthetic sealants and adhesives segment is expected to grow at the highest CAGR during the forecast period. The increasing adoption of hydrogels and growing application of synthetic & semisynthetic sealants and adhesives in surgical procedures such as cardiovascular, pulmonary, and ophthalmic surgeries play a key role in the growth of the surgical sealants and adhesives market during the forecast period.
The tissue engineering segment is expected to witness a faster growth rate in this market. The increasing number of cosmetic surgeries, increasing cases of skin injuries, growing incidences of burn injuries, and growing need of tissue regeneration in case of traumatic injuries are the factors influencing the growth of the tissue engineering market.
The cosmetic surgeries segment is expected to witness a faster growth rate in this market. Effective use of surgical sealants and adhesives in facelift surgeries, management of burn surgeries and other reconstructive surgeries, and the increasing number of cosmetic surgical procedures across the globe are driving growth in this application segment.
Geographical Region Covered
North America is expected to hold the largest market size in the surgical sealants and adhesives market during the forecast period, followed by the European region. The highest market share of North America can be attributed to the presence of a large number of well-equipped hospitals in this region, rising number of soft tissue injuries, and increasing number of trauma surgeries. Moreover, leading players such as Ethicon, Inc. (US), C.R. Bard, Inc. (US), Baxter International, Inc. (US), CryoLife, Inc. (US), and Cohera Medical, Inc. (US) have their operations in North America. In addition to this, the US is witnessing a growth in the number of FDA approvals for new sealants and adhesives, which will help propel the market in this region.
Leading Companies
Baxter International, Inc. (US), CryoLife, Inc. (US), C.R. Bard, Inc. (US), Ethicon, Inc. (US), Medtronic plc (Ireland), Sanofi Group (France), B. Braun Melsungen AG (Germany), Cohera Medical, Inc. (US), SEAlantis, Ltd. (Israel), Ocular Therapeutix, Inc. (US), and Vivostat A/S (Denmark).

Comments

Post a Comment

If you have any issue, Let me know ?

Popular posts from this blog

Laboratory Balances and Scales Market by Product (Balances (Analytical, Precision, Micro, Portable, Moisture) - Global Forecast to 2023

-
Image
According to the new market research report  " Laboratory Balances and Scales Market  by Product (Balances (Analytical, Precision, Micro, Portable, Moisture), Scales (Bench, Counting, Compact)), End User (Pharmaceutical, Biotechnology, Chemical, Beverage, Petroleum, Academia) - Global Forecast to 2023" , published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints/challenges, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the world (RoW). The major factors driving the growth of the laboratory balances and scales market are the technological advancements in laboratory balances and scales; increasing research investments and activities among pharma-biotech companies and CROs; increasingly stringent regulatory framework for product safety in bio-pharmaceutical industries; implementation of stringent food safety guidelines; and emerging markets. Based on product type, the laboratory balances market is segmented into m...
Read more

New Approach towards Technological Advancements in Ligation Devices Market

-
Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment, especially minimally invasive surgery (MIS). However, the high cost of ligation devices is a major restraint for this market, particularly in emerging countries. Ligation Devices Market Growth The  Global ligation devices market  is projected to reach $1,189 million by 2024 from $876 million in 2019, at a CAGR of 6.3%. Download PDF Brochures –  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22007372 Accessories – Ligation Devices The market is segmented into handheld instruments and accessories. The accessories segment accounted for a share of 68.2% in 2018 and is anticipated to grow at a CAGR of 6.9% during the forecast period. This growth can be attributed to the increasing number of surgical procedures, especially in emerging markets. Applications – Ligation Devices The market is segmented into gastrointestinal & abdominal surgeries...
Read more

Medical Holography Market is Future of Healthcare, it is Creating Real Change in the Healthcare Industry

-
According to a new market research report “ Medical Holography Market  by Product (Holographic Display, Microscope, Print, Software), Application (Medical Imaging, Medical Education, Biomedical Research), End User (Medical Schools, Pharmaceutical Companies, Hospitals) – Global Forecast to 2021 ” published by MarketsandMarkets, The Global Medical Holography Market Is Projected to Reach USD 953.9 Million by 2021, at a CAGR of 33.7% from 2016 to 2021. The growth in this market can be mainly attributed to the growing clinical applications of holography in the healthcare sector, rising adoption of holography products in biomedical research and medical education, and emergence of holography as a promising technology in representing complex 3D structures. In this report, the global Medical Holography Market is segmented on the basis of product type, application, end user, and region. Based on product type, the market is segmented into holographic displays, holography microscopes, holo...
Read more