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Global Surgical Sealants Market - Industry Trends, Opportunities and Forecasts to 2023

DESCRIPTION
The global surgical sealants market is expected to grow at a CAGR of XX.XX% between
2018 and 2023, reaching a total market size of US$XX.XX billion by 2023, increasing
from US$XX.XX billion in 2018. Surgical sealants help in the closure of surgical wounds
and active bleeding during and post-surgery by using either biologically-derived or
synthetic and semi-synthetic sealants. This has replaced the use of sutures and staples
which was otherwise a bit painful and may lead to infections too. Increasing demand for
minimally-invasive surgeries is one of the driving factors of global surgical sealants
market. These sealants also help in the cost reduction as the patients’ recovery time as
well as hospital stay is reduced.
A new technology named as MeTro surgical glue has recently come up which uses an
elastin protein having high elastic property. This glue has a unique characteristic of
turning into a gel which helps it in longer retention on the wound, allowing it to heal
fasterwithin 60 seconds.
This technology has been designed especially to heal surgical closures of the lungs,
heart and arteries which are otherwise very difficult and risky to re-open. The MeTro
technology is developed by the biomedical engineers from University of Sydney and
United States and will be commercialized by Elastagen Pty Ltd.
The maximum revenue generation of the Surgical Sealants come from the Americas,
while the key players include Baxter International, CryoLife, C.R. Bard, CSL Behring,
Cohera Medical and Ethicon (subsidiary of Johnson & Johnson).
By Materials
By material, Surgical sealants market is segmented as Biological and Synthetic.
Biological sealants contain fibrin which serves as a template for accelerated wound
healing. On the other hand, synthetic sealants help to stop bleeding during surgeries by
activating the blood clotting cascades.
Synthetic sealants acquire a larger market share in comparison to its biological
counterpart. This is because fibrin-based or other biological sealants are derived from
animals or humans and therefore increases the risk of disease transmission.
Global Surgical Sealants Market - Industry Trends, Opportunities and Forecasts to 2023

By Applications
By application, the surgical sealant market is segmented as Cardiovascular, Pulmonary,
Thoracic, Orthopaedic, Reconstructive, Cosmetic, CNS (Central Nervous System),
General Surgery, Minimally Invasive (MI) and other surgeries. Out of these, the MI
surgeries will account for a significant market share during the forecast period.
By Geography
Geographically, North America holds the largest market share owing to early adoption
of modern technologies and a larger population opting for surgical care. Asia Pacific
region will grow at a significant CAGR during the forecast period due to developing
healthcare infrastructure in the region. Rising geriatric population and growing cases of
road accidents in countries like China and India is augmenting the need for more
surgeries, thereby positively impacting the demand for surgical sealants in the region.

Global Surgical Sealants Market - Industry Trends, Opportunities and Forecasts to 2023

TABLE OF CONTENTS
1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. Key Findings of the Study
4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Supplies
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. MeTro Surgical Glue (a Novel Technology)
5. Global Surgical Sealants Market Forecast by Materials (US$ billion)
5.1. Introduction
5.2. Biological surgical sealants
5.3. Synthetic surgical sealants
6. Global Surgical Sealants Market Forecast by Application (US$ billion)
6.1. Introduction
6.2. Thoracic
Global Surgical Sealants Market - Industry Trends, Opportunities and Forecasts to 2023

6.3. Cardiovascular
6.4. Orthopaedic
6.5. Reconstructive Surgeries
7. Global Surgical Sealants Market Forecast by Geography (US$ billion)
7.1. Introduction
7.2. North America
7.3. South America
7.4. Europe
7.5. Middle East and Africa (MEA)
7.6. Asia Pacific (APAC)
8. Competitive Intelligence
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investment and Deals
9. Company Profiles
9.1.Baxter International
9.1.1. Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Key Developments
9.2. Cohera Medical
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4.Key Developments
9.3. C.R. Bard
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. CryoLife
9.4.1. Overview
9.4.2. Financials
Global Surgical Sealants Market - Industry Trends, Opportunities and Forecasts to 2023

9.4.3. Products and Services
9.4.4. Key Developments
9.5. CSL Behring
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. Ethicon (Subsidiary of Johnson & Johnson)
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
List of Tables
List of Figures

Global Surgical Sealants Market - Industry Trends, Opportunities and Forecasts to 2023

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Global Surgical Sealants Market - Industry Trends, Opportunities and Forecasts to 2023


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