The report “Global Surgical Sealants and Adhesives Market, By Product (Polypeptide/Protein-based Sealants and Adhesives, Polysaccharide-based Sealants and Adhesives, and Synthetic & Semisynthetic Sealants and Adhesives), By Indication (Tissue Sealing & Hemostasis and Tissue Engineering), By Application (Central Nervous System (CNS) Surgeries, General Surgeries, Cardiovascular Surgeries, Orthopedic Surgeries, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”
Key Highlights:
• On 18 February 2020, a leading global medical products company Baxter International Inc., has declared acquisition of Seprafilm Adhesion Barrier, sealants, and related assets from Sanofi.
• In 2019, AMS acquired Sealantis, an Israeli-based medical device company with a patent-protected alga-mimetic sealant technology platform that has a wide range of potential surgical indications under development which will help AMS strengthen its presence with a technology platform and delivery systems that have significant potential across a range of applications in the high-margin internal surgery market.
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Key Market Insights from the report:
The Global Surgical Sealants and Adhesives Market accounted for US$ 1.97 billion in 2020 and is estimated to be US$ 4.37 billion by 2030 and is anticipated to register a CAGR of 8.3%. The Global Surgical Sealants and Adhesives Market report segments the market on the basis of product type, application, and region.
• Based on product type, the Global Surgical Sealants and Adhesives Market is segmented into Polypeptide/Protein-based Sealants and Adhesives, Polysaccharide-based Sealants and Adhesives, and Synthetic & Semisynthetic Sealants and Adhesives.
• By indication, the target market is segmented into Tissue Sealing & Hemostasis and Tissue Engineering.
• By application, the target market is segmented into Central Nervous System (CNS) Surgeries, General Surgeries, Cardiovascular Surgeries, Orthopedic Surgeries, and Others.
• By region, the Global Surgical Sealants and Adhesives Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the Global Surgical Sealants and Adhesives Market in terms of revenue contribution as related to that of markets in other regions.
Competitive Landscape:
The key players operating the global surgical sealants and adhesives market includes Sanofi Group, Baxter International Inc., C.R. Bard, Johnson & Johnson, Medtronic plc., B. Braun Melsungen AG, MAQUET Holding B.V. & Co. KG., Cryolife, Inc., Stryker Corporation, and Hemostasis, LLC.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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