Surgical Sealants And Adhesives Global Market To Reach Value Of About $3 Billion In 2025
6 Dec, 2021
Global Surgical Sealants And Adhesives Market Size And Drivers:
The global surgical sealants and adhesives market is expected to grow from $1.55 billion in 2020 to $2.03 billion in 2021 at a compound annual growth rate (CAGR) of 31%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The surgical sealants and adhesives market is expected to reach $2.93 billion in 2025 at a CAGR of 10%. The rising number of surgical procedures is predicted to contribute to the growth of surgical sealants and adhesives market.
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Trends In The Global Surgical Sealants And Adhesives Market
Several companies operating in the market are focusing on product portfolio expansion into untapped geographies. For instance, in January 2020, Terumo Corporation announced the launch of AQUABRID, new surgical sealants in the EMEA market. AQUABRID is specially developed for aortic procedures to stop bleeding during and post surgeries.
Global Surgical Sealants And Adhesives Market Segments:
The global surgical sealants and adhesives market is further segmented –
By Product: Biological Sealants, Synthetic Sealants, Semi-Synthetic Sealants
By Indication: Tissue Sealing, Tissue Engineering, Hemostasis
By End Use: Hospitals, Clinics, Others
By Geography: The global surgical sealants and adhesives market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/surgical-sealants-and-adhesives-market-global-report-2020-30-covid-19-growth-and-changeSurgical Sealants And Adhesives Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides surgical sealants and adhesives market overviews, analyzes and forecasts market size and growth for the global surgical sealants and adhesives market, surgical sealants and adhesives market share, surgical sealants and adhesives market players, surgical sealants and adhesives market segments and geographies, surgical sealants and adhesives market’s leading competitors’ revenues, profiles and market shares. The surgical sealants and adhesives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.