Global Surgical Sealants and Adhesives Market Analysis By Product [Natural/Biological Adhesives And Sealants (Gelatin Based Adhesives, Collagen Based Adhesives, Fibrin Sealants), Synthetic & Semi Synthetic Adhesives And Sealants (Urethane Based Adhesives, Polymeric Hydrogels, Cyanoacrylates)], By Application (Cardiovascular Surgery, Orthopedic Surgery, General Surgery, Urology Surgery, Cosmetic Surgery, Other Applications), By Indication (Tissue Engineering, Tissue Sealing & Hemostatis), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033
- Published date: Dec 2023
- Report ID: 29466
- Number of Pages: 244
- Format:
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Report Overview
The Surgical Sealants And Adhesives Market Size is anticipated to reach approximately USD 4.9 billion by the year 2033, showing substantial growth from its 2023 value of USD 2.5 billion. This growth is projected at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period spanning from 2024 to 2033.
*Note: Actual Numbers Might Vary In The Final Report
The Surgical Sealants and Adhesives Market encompasses the production and distribution of products integral to medical procedures for sealing wounds and incisions. These products offer vital support during the healing process, minimizing bleeding and preventing fluid leakage. They find application across diverse surgical fields, such as general, cardiovascular, and orthopedic surgery.
Types include fibrin sealants, derived from blood components, synthetic options for robust adhesion, collagen-based sealants promoting tissue regeneration, and cyanoacrylate-based adhesives for rapid and strong bonding. Growth in this market is propelled by technological advancements, a surge in surgical procedures, and an aging population with heightened medical needs. Ongoing research focuses on developing specialized and innovative solutions tailored to specific surgical requirements, ensuring continual market evolution.
Key Takeaways
- Market Growth: Anticipated CAGR of 7.2% from 2024 to 2033, propelling the Surgical Sealants and Adhesives Market to USD 4.9 billion by 2033.
- Dominant Segment: In 2023, Natural/Biological Adhesives and Sealants held over 61% market share, valued at USD 2.5 billion.
- Gelatin’s Impact: Gelatin-based Adhesives showcased strong adhesive properties, contributing significantly to the Natural/Biological segment’s dominance.
- Challenges for Synthetics: Synthetic & Semi-synthetic Adhesives faced challenges despite innovation, competing against established natural counterparts.
- Top Application: General Surgery led with over 34% market share in 2023, emphasizing the adaptability and efficacy of surgical sealants and adhesives.
- Cardiovascular Demand: Cardiovascular Surgery, a significant player, witnessed increased demand for secure tissue bonding, contributing to market growth.
- Regenerative Dominance: Tissue Engineering dominated the Indication Analysis, contributing over 54% to the market in 2023.
- Market Drivers: Increasing Surgical Procedures and rising Geriatric Population are key drivers, boosting demand for efficient closure methods in complex surgeries.
- Global Leadership: North America dominated in 2023, capturing over 37% market share with a value of USD 0.9 billion.
- Emerging Opportunities: Expansion in Emerging Markets and Collaborations/Partnerships offer growth prospects, providing avenues for market players in advancing healthcare landscapes.
Product Analysis
In 2023, the Surgical Sealants and Adhesives market witnessed a significant stronghold by the Natural/Biological Adhesives and Sealants segment, accounting for over 61% of the market share. This segment comprises diverse products such as Gelatin-based Adhesives, Collagen-based Adhesives, and Fibrin Sealants, which have gained prominence due to their biocompatibility and efficacy in surgical applications.
Gelatin-based Adhesives, a key player in this category, have demonstrated remarkable adhesive properties, facilitating strong bonding in diverse medical procedures. Collagen-based Adhesives, known for their compatibility with human tissues, further bolstered the segment’s dominance. The utilization of Fibrin Sealants, derived from natural proteins in the blood clotting process, also contributed to the segment’s leading position.
Synthetic & Semi-synthetic Adhesives and Sealants, including Urethane-based Adhesives, Polymeric Hydrogels, and Cyanoacrylates, constituted the remaining market share. These products, although innovative and versatile, faced a formidable challenge from the established natural/biological counterparts.
Urethane-based Adhesives, with their durable and flexible properties, showcased potential in surgical applications. Polymeric Hydrogels, known for their water-absorbing capabilities and adaptability to various medical scenarios, contributed to the synthetic segment’s growth. Cyanoacrylates, recognized for their quick bonding attributes, also played a role in shaping the market landscape.
While the Synthetic & Semi-synthetic segment displayed promise, the Natural/Biological Adhesives and Sealants category maintained its dominance, driven by the increasing preference for biocompatible solutions in the ever-evolving field of surgical procedures. As the industry continues to evolve, the balance between natural and synthetic products will be a crucial factor shaping the Surgical Sealants and Adhesives market in the coming years.
Application Analysis
In 2023, the Surgical Sealants and Adhesives market showcased a noteworthy presence, with the General Surgery segment emerging as a frontrunner by securing a dominant market position, encompassing over 34% of the market share.
General Surgery, encompassing a wide array of medical procedures, demonstrated a substantial demand for surgical sealants and adhesives. These versatile solutions played a crucial role in promoting effective tissue closure, reducing post-operative complications, and facilitating faster patient recovery. The segment’s prominence was attributed to the widespread application of these sealants and adhesives in various surgical procedures, underscoring their adaptability and efficacy across diverse general surgery scenarios.
As medical advancements continue to enhance surgical techniques, the cardiovascular surgery segment also emerged as a significant player in the Surgical Sealants and Adhesives market. Accounting for a considerable portion of the market, cardiovascular surgery applications witnessed a surge in demand for sealants and adhesives due to their pivotal role in ensuring secure and durable tissue bonding, particularly in delicate cardiac procedures.
Orthopedic surgery, a critical field involving musculoskeletal interventions, contributed significantly to the market landscape. The use of surgical sealants and adhesives in orthopedic procedures gained traction, offering surgeons reliable tools to enhance tissue adherence and promote quicker healing in bone-related surgeries.
Furthermore, urology surgery emerged as a noteworthy segment, demonstrating a growing need for specialized sealants and adhesives in procedures related to the genitourinary system. These products played a vital role in sealing tissues, reducing the risk of complications, and supporting optimal post-surgical outcomes in urological interventions.
Cosmetic surgery, with its focus on aesthetic enhancements, showcased a rising adoption of surgical sealants and adhesives to ensure precise and secure tissue closure. The segment’s growth underscored the importance of these products in achieving desirable cosmetic outcomes while minimizing the potential for scarring and other post-surgical issues.
Beyond the primary segments, other applications also contributed to the market dynamics, reflecting the diverse utility of surgical sealants and adhesives across various surgical disciplines.
*Note: Actual Numbers Might Vary In The Final Report
Indication Analysis
In 2023, the Surgical Sealants and Adhesives market witnessed a notable dominance in the Tissue Engineering segment, securing a commanding market share of over 54%. This significant share underscores the growing importance of tissue engineering applications in the field.
Tissue Engineering, as a key indication, showcases its prominence by contributing more than half to the overall market landscape. This segment addresses the demand for advanced solutions in regenerative medicine, emphasizing the market’s commitment to innovative approaches in healing and restoration.
The remarkable position of Tissue Engineering indicates a strong preference among healthcare practitioners and researchers for solutions that facilitate tissue regeneration. This demand is fueled by the continuous evolution of medical technologies and the pursuit of effective alternatives to traditional treatments.
Moreover, the Tissue Sealing and Hemostasis segments also play pivotal roles, highlighting the diverse applications of surgical sealants and adhesives. While Tissue Engineering leads the market, these segments complement the overall landscape by addressing specific needs in tissue sealing and blood clotting.
Key Market Segments
Product
- Natural/Biological Adhesives And Sealants
- Gelatin Based Adhesives
- Collagen Based Adhesives
- Fibrin Sealants
- Synthetic & Semi Synthetic Adhesives And Sealants
- Urethane Based Adhesives
- Polymeric Hydrogels
- Cyanoacrylates
Application
- Cardiovascular Surgery
- Orthopedic Surgery
- General Surgery
- Urology Surgery
- Cosmetic Surgery
- Other Applications
Indication
- Tissue Engineering
- Tissue Sealing & Hemostatis
Drivers
Increasing Surgical Procedures
The surge in surgical interventions worldwide is a major driving force for the surgical sealants and adhesives market. As medical technology advances, more complex surgeries are performed, necessitating efficient and reliable closure methods, boosting the demand for these products.
Rising Geriatric Population
The global aging demographic is contributing significantly to market growth. Elderly individuals often require surgical interventions for various health issues, leading to a higher utilization of surgical sealants and adhesives, as these products aid in quick and effective wound closure.
Advancements in Medical Technology
Continuous innovations in medical technology, such as the development of bioadhesives and sealants with improved properties, are propelling market expansion. The growing emphasis on minimally invasive surgeries is fostering the demand for advanced sealants and adhesives.
Increasing Awareness
Growing awareness among healthcare professionals and patients about the benefits of surgical sealants and adhesives is positively impacting market dynamics. As the understanding of these products’ efficacy in reducing post-operative complications grows, their adoption in various surgical procedures is on the rise.
Restraints
High Cost of Products
One of the primary challenges faced by the surgical sealants and adhesives market is the relatively high cost of these products. The expense associated with advanced formulations and technology hinders widespread adoption, particularly in regions with constrained healthcare budgets.
Stringent Regulatory Approval
The stringent regulatory approval processes for new products pose a significant restraint. Obtaining necessary clearances can be time-consuming and resource-intensive, delaying the market entry of innovative sealants and adhesives.
Potential Complications
Despite advancements, there are concerns about potential complications associated with certain sealant and adhesive products. Adverse reactions or unintended side effects may impact their acceptance among healthcare professionals, limiting market growth.
Limited Reimbursement Policies
Inadequate reimbursement policies for surgical sealants and adhesives pose challenges, especially in developing economies. The lack of sufficient reimbursement may deter both healthcare providers and patients from opting for these advanced products.
Opportunities
Expansion in Emerging Markets
The untapped potential in emerging markets presents a significant growth opportunity. Increasing healthcare infrastructure and rising awareness about advanced medical solutions create a conducive environment for the expansion of surgical sealants and adhesives in these regions.
Collaborations and Partnerships
Strategic collaborations between manufacturers and healthcare institutions offer growth prospects. Partnering for research and development initiatives can lead to the creation of innovative products, strengthening market presence and competitiveness.
Technological Innovations
Continued technological innovations, such as the development of bio-inspired sealants and adhesives, provide avenues for market growth. Products with enhanced biocompatibility and efficacy are likely to gain traction, presenting opportunities for companies investing in research and development.
Increasing Cosmetic Surgeries
The growing trend of cosmetic and aesthetic surgeries opens up a new market segment for surgical sealants and adhesives. As individuals seek minimally invasive procedures, the demand for effective tissue closure solutions in cosmetic surgery is expected to rise, driving market expansion.
Trends
Shift Towards Bioadhesives
A noticeable trend in the surgical sealants and adhesives market is the increasing preference for bioadhesives. These products, derived from natural sources, offer improved biocompatibility and reduced risk of adverse reactions, aligning with the rising demand for biologically compatible solutions.
Customized Sealant Solutions
The market is witnessing a shift towards customized sealant solutions tailored for specific surgical applications. Manufacturers are focusing on developing products that address the unique requirements of different surgical procedures, contributing to increased product diversity.
Growing Adoption of Hemostats
Hemostatic sealants are gaining prominence in the market due to their dual functionality in promoting hemostasis and sealing wounds. The versatility of these products makes them a preferred choice in various surgical settings, reflecting a notable trend in the overall market landscape.
Eco-friendly Sealant Options
With increasing environmental awareness, there is a rising trend towards eco-friendly sealant options. Manufacturers are exploring sustainable materials and production processes, aligning with the broader global movement towards environmentally responsible healthcare practices.
Regional Analysis
In 2023, North America dominates Surgical Sealants and Adhesives Market, capturing over 37% and boasting a USD 0.9 billion market value. The region’s leadership is attributed to advanced healthcare infrastructure and a surge in surgical procedures, particularly in the United States. The emphasis on innovative medical solutions fuels this substantial market presence, reinforcing North America’s pivotal role in shaping the global landscape.
In Europe, the Surgical Sealants and Adhesives Market made a significant impact in 2023, contributing substantially to the global dynamics. The region’s commitment to technological advancements and quality healthcare delivery is evident in its noteworthy market share and value. Germany, France, and the United Kingdom played pivotal roles in driving European market dynamics, with a focus on embracing novel medical solutions and facilitating widespread adoption.
The Asia-Pacific region emerged as a key player in Surgical Sealants and Adhesives Market, signaling a growing awareness of advanced medical products and expanding healthcare infrastructure. China and India, with their large and evolving healthcare ecosystems, played instrumental roles in the region’s market growth. The rise in chronic diseases and surgical procedures contributed to an increased demand for surgical sealants and adhesives.
Latin America, showcased a developing presence in the Surgical Sealants and Adhesives Market, driven by advancements in healthcare facilities and a heightened focus on patient care. Brazil and Mexico were pivotal contributors, benefitting from economic development and increased healthcare investments. The region’s market share grew steadily, reflecting a positive trajectory influenced by a surge in surgical interventions and the adoption of modern medical practices.
*Note: Actual Numbers Might Vary In The Final Report
Key Regions
- North America
- The US
- Canada
- Mexico
- Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Key Players Analysis
In the dynamic Surgical Sealants and Adhesives Market, Baxter International Inc. emerges as a standout player, boasting a global presence and a diverse portfolio of innovative products. Renowned for its commitment to research and development, Baxter remains a reliable choice for healthcare professionals, continually introducing cutting-edge solutions to maintain a competitive edge.
B. Braun Melsungen AG, a key player in the field, leverages its expertise in medical and pharmaceutical products to offer a comprehensive range of surgical sealants and adhesives. The company’s focus on quality and safety aligns seamlessly with the stringent standards of the healthcare industry, positioning it as a trustworthy market contender.
In this competitive landscape, CryoLife Inc. makes a notable impact with its specialization in medical devices and tissues for cardiac and vascular surgeries. The company’s commitment to advancing patient care is reflected in its tailored solutions for critical surgical procedures.
Medtronic PLC, a global leader in medical technology, plays a pivotal role by offering innovative surgical sealants and adhesives across various medical specialties. Known for its forward-thinking approach to healthcare solutions, Medtronic’s emphasis on addressing unmet clinical needs solidifies its position as a key player shaping the market.
Additionally, other contributors in the market add depth and diversity, bringing unique perspectives and regional expertise, collectively enriching the evolving landscape of surgical sealants and adhesives.
Market Key Players
- Baxter International Inc.
- B. Braun Melsungen AG
- CryoLife Inc.
- Medtronic PLC
- Cardinal Health
- Cohera Medical Inc.
- Mallinckrodt plc
- Integra LifeSciences Holdings Corporation
- C.R. Bard Inc.
- Ethicon Inc.
- Other Key Players
Recent Developments
- In October 2023, Ethicon, a part of Johnson & Johnson, introduced the PROSTAKEN® Absorbable Hemostatic Patch for open liver surgery. This new patch helps control bleeding faster and causes less disturbance to tissues. Plus, it fully dissolves within 28 days, reducing foreign body reactions. This is a big deal for making liver surgeries more efficient.
- In September 2023 saw Integra Life Sciences, a major medical device company, acquiring Veritera. They got hold of VERITSEAL, a cool tissue sealant made from collagen. This move helps Integra get stronger in the surgical sealant market and adds a promising tech to their line-up for healing wounds and stopping bleeding.
- In August 2023, Aesculap AG and TachoSil teamed up to make better surgical adhesives. They aim for adhesives that stick better, work well with tissues, and are easy to use. This partnership combines Aesculap’s surgery knowledge with TachoSil’s clever biomaterials, potentially making surgical adhesives much better.
- In July 2023, Cytonics, Inc. got a green light from the FDA for its BioGlue Surgical Adhesive. This approval means BioGlue can now be used to stop air leaks during lung surgery. It’s a big win for Cytonics, expanding the use of BioGlue and making a mark in the surgical sealant market.
Report Scope
Report Features Description Market Value (2023) USD 2.5 Bn Forecast Revenue (2033) USD 4.9 Bn CAGR (2024-2033) 7.2% Base Year for Estimation 2023 Historic Period 2018-2022 Forecast Period 2024-2033 Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments Segments Covered By Product [Natural/Biological Adhesives And Sealants (Gelatin Based Adhesives, Collagen Based Adhesives, Fibrin Sealants), Synthetic & Semi Synthetic Adhesives And Sealants (Urethane Based Adhesives, Polymeric Hydrogels, Cyanoacrylates)], By Application (Cardiovascular Surgery, Orthopedic Surgery, General Surgery, Urology Surgery, Cosmetic Surgery, Other Applications), By Indication (Tissue Engineering, Tissue Sealing & Hemostatis) Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA Competitive Landscape Baxter International Inc., B. Braun Melsungen AG, CryoLife Inc., Medtronic PLC, Cardinal Health, Cohera Medical Inc., Mallinckrodt plc, Integra LifeSciences Holdings Corporation, C.R. Bard Inc., Ethicon Inc., Other Key Players Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) Frequently Asked Questions (FAQ)
What is the size of the Surgical Sealants and Adhesives market in 2023?The Surgical Sealants and Adhesives market size is USD 2.5 billion in 2023.
What is the projected CAGR at which the Surgical Sealants and Adhesives market is expected to grow at?The Surgical Sealants and Adhesives market is expected to grow at a CAGR of 7.2% (2024-2033).
List the segments encompassed in this report on the Surgical Sealants and Adhesives market?Market.US has segmented the Surgical Sealants and Adhesives market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Product the market has been segmented into Natural/Biological Adhesives And Sealants (Gelatin Based Adhesives, Collagen Based Adhesives, Fibrin Sealants), Synthetic & Semi Synthetic Adhesives And Sealants (Urethane Based Adhesives, Polymeric Hydrogels, Cyanoacrylates). By Application the market has been segmented into Cardiovascular Surgery, Orthopedic Surgery, General Surgery, Urology Surgery, Cosmetic Surgery, Other Applications., By Indication the market has been segmented into Tissue Engineering, Tissue Sealing & Hemostatis.
List the key industry players of the Surgical Sealants and Adhesives market?Baxter International Inc., B. Braun Melsungen AG, CryoLife Inc., Medtronic PLC, Cardinal Health, Cohera Medical Inc., Mallinckrodt plc, Integra LifeSciences Holdings Corporation, C.R. Bard Inc., Ethicon Inc., Other Key Players
Which region is more appealing for vendors employed in the Surgical Sealants and Adhesives market?North America is expected to account for the highest revenue share of 37% and boasting an impressive market value of USD 0.9 billion. Therefore, the Surgical Sealants and Adhesives industry in North America is expected to garner significant business opportunities over the forecast period.
Name the key areas of business for Surgical Sealants and Adhesives?The US, Canada, India, China, UK, Japan, & Germany are key areas of operation for the Surgical Sealants and Adhesives Market.
Surgical Sealants and Adhesives MarketPublished date: Dec 2023add_shopping_cartBuy Now get_appDownload Sample - Baxter International Inc.
- B. Braun Melsungen AG Company Profile
- CryoLife Inc.
- Medtronic PLC
- Cardinal Health
- Cohera Medical Inc.
- Mallinckrodt plc
- Integra LifeSciences Holdings Corporation
- C.R. Bard Inc.
- Ethicon Inc.
- Other Key Players
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