Surgical Glue Market - AMR

Based on application, Cardiovascular Surgeries segment held dominating surgical glue market share in 2021

PORTLAND, OREGON, UNITED STATES, April 13, 2023 /einpresswire.com / -- surgical glue , also known as tissue adhesive or medical adhesive, is a type of adhesive used to seal incisions or wounds in surgery. The global surgical glue market is growing rapidly, driven by factors such as increased demand for minimally invasive surgeries, a growing aging population, and advancements in surgical technology.

Surgical Glue Market

The Surgical Glue market size was valued at $232.49 million in 2021, and is estimated to reach $3,044.7 million by 2031, growing at a CAGR of 29.4% from 2022 to 2031.

.CAGR: 29.4%
. Current Market Size: USD 232.49 Million
. Forecast Growing Region: APAC
. Largest Market: North America
. Projection Time: 2021- 2031
. Base Year: 2021

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One of the key drivers of the surgical glue market is the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are becoming increasingly popular due to their many benefits, such as smaller incisions, shorter hospital stays, and faster recovery times. Surgical glue is often used in these procedures as an alternative to traditional sutures or staples, as it can provide several benefits, including reduced scarring, faster healing times, and less pain compared to sutures or staples.

Another factor driving the growth of the surgical glue market is the growing aging population. As the population ages, the demand for surgical procedures is increasing, which is driving demand for surgical glue. Elderly patients are more likely to require surgery due to age-related conditions, such as joint problems and chronic diseases, and surgical glue is often used to help speed up the healing process and reduce the risk of infection.
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COVID-19 Scenario:

.The outbreak of the COVID-19 has had a negative impact on the growth of the global surgical glue market, owing to the occurrence of lockdowns in various countries across the globe.

.Lockdowns resulted in subsequent reduction in the number of surgical procedures due to the delay or cancellation of various surgeries as doctors were increasingly inclined towards treating the COVID-19 infected patient on priority.

.In addition, lockdown led to disruption of manufacturing and supply chain of medical devices.
.These restrictions were imposed by the governments of various countries across to curb the spread of the virus during the pandemic.

However, the market is expected to recoup soon with eased restrictions.

Based on end-user, the hospitals segment held the dominating market share in 2021, holding more than half of the global surgical glue market share, and is expected to maintain its leadership status during the forecast period. The other segment, on the other hand, is expected to cite the fastest CAGR of 7.1% during the forecast period.

In terms of applications, the surgical glue market can be segmented into cardiovascular surgery, orthopedic surgery, cosmetic surgery, and general surgery. Cardiovascular surgery is the largest application segment of the surgical glue market, accounting for a significant share of the market. This is due to the high prevalence of cardiovascular diseases, which often require surgical intervention.

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Key Players –

.Baxter International Inc.,
.B. Braun Melsungen AG,
.Cohera Medical, Inc.,
.CryoLife Inc.,
.CSL Limited,
.Johnson & Johnson,
.Ocular Therapeutix Inc.,
.Sanofi,
.Sealantis Ltd.,
.Vivostat

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David Correa
Allied Analytics LLP
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