Surgical Sealants And Adhesives Industry Growth Expected to Reach $4.58 Billion by 2029 at a CAGR of 11.3% | Segmentation and Growth Opportunities
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What Is the Forecast for the Surgical Sealants And Adhesives Market Growth in 2025?
The market for surgical sealants and adhesives has seen considerable expansion in the past few years. It is projected that this market will expand from a value of $2.75 billion in 2024 to $2.98 billion in 2025, representing an 8.4% compound annual growth rate (CAGR). The historic period’s growth can be linked to factors such as higher incidence of chronic ailments, mounting urgency to decrease surgical injuries, growing preference for minimally invasive methods, escalated healthcare spending, and an increase in cardiovascular disorders.
What Is the Forecast for the Surgical Sealants And Adhesives Market Size Through 2029?
Over the next few years, the market size for surgical sealants and adhesives is predicted to experience swift growth, reaching a valuation of $4.58 billion by 2029 with a compound annual growth rate (CAGR) of 11.3%. The surge during this forecast period can be tied to factors such as an ageing population, an increase in accident rates, a rise in cosmetic surgeries, and the introduction of superior surgical sealants. Notable market trends expected over this same period include the development of bio-based sealants as a renewable material option, strategic investment in acquisition to grow market presence and diversity of product offerings, backing innovative products to offer consumers improved quality, and financing of nano-enabled adhesives and sealants in surgical procedures due to their unique high surface area and nanoscale size benefits.
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What are the Key Market Players in Surgical Sealants And Adhesives Market and How They’re Evolving?
Major companies operating in the surgical sealants and adhesives market include Baxter International Inc, Johnson & Johnson, B.Braun Melsungen AG, Becton Dickinson & Company, Cryolife Inc., Integra LifeSciences, Vivostat A/S, Occular Therapeutix Inc., Advanced Medical Solutions Group plc, Centenial Surgical Suture Ltd, Maestros Mediline Systems Ltd, Poly Medicure Ltd, Raaj Medisafe India Ltd, Shinva Medical Instrument Co. Ltd., Global Medical Group Limited, Maxmed Health Care LTD, Highlight Surgicals, Medcaptain Europe, Easy Medical Devices, Td Medical B.V., Ophtec B.V., Rovers Medical Devices B.V., Cohera Medical Inc., Tricol Biomedical, Medtronic, Stryker, Acelity, Seprafilm, GluStitch, Cardinal Health, Biomerics, Abbott Laboratories, Covidien plc, Smiths Medical.
What Are the Primary Growth Drivers in the Surgical Sealants And Adhesives Market?
The increase in surgical procedures is anticipated to fuel the expansion of the surgical sealants and adhesives market. The prolonged increase in such procedures is linked to the escalating occurrence of obesity and other lifestyle-related diseases, growing cases of spinal and sports injuries, and an aging populace. Older adults are typically more susceptible to chronic, cardiac, and other health issues, thus requiring surgical interventions. To illustrate, the World Health Organization (WHO), a Switzerland-based organization engaged in international public health, forecasted in October 2022 that by 2030, one in every six people globally will be aged 60 or above. By the year 2050, the world will be home to 2.1 billion people who are in their 60s or older.
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What Are the Leading Segments in the Global Surgical Sealants And Adhesives Industry?
The surgical sealants and adhesives market covered in this report is segmented –
1) By Product: Biological Sealants, Synthetic Sealants, Semi-Synthetic Sealants
2) By Indication: Tissue Sealing, Tissue Engineering, Hemostasis
3) By End Use: Hospital, Clinics, Others End Uses
Subsegments:
1) By Biological Sealants: Fibrin Sealants, Collagen-Based Sealants, Tissue Adhesives Derived From Natural Sources
2) By Synthetic Sealants: Polyethylene Glycol (PEG) Sealants, Cyanoacrylate Adhesives, Polyurethane-Based Sealants
3) By Semi-Synthetic Sealants: Gelatin-Based Sealants, Modified Natural Polymers
What Are the Key Market Trends in the Surgical Sealants And Adhesives Industry?
A number of firms in the market are working on diversifying their product offerings in previously unexplored regions. For example, in January 2022, Futura Surgicare Pvt. Ltd, a medical device firm based in India, partnered with Advanced Medical Solutions Group PLC, a UK-based company specializing in advanced wound care dressing technologies, aiming to broaden its wound closure range. In alignment with this partnership, the company announced its plan to launch a series of liquid products solely in India, under its new branch, Dolphin Adhesives. This innovative division provides topical skin adhesives, namely Exceed, Exceed XS, and Optima. These adhesive solutions are innovatively designed to offer new means of wound closure and decrease the likelihood of negative surgical results.
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What Is the Regional Outlook for the Surgical Sealants And Adhesives Market?
North America was the largest region in the surgical sealants and adhesives market in 2024. Western Europe was the second largest region in the global surgical sealants and adhesives market report share. The regions covered in the surgical sealants and adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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This Report Delivers Insight On:
1. How big is the surgical sealants and adhesives market, and how is it changing globally?
2. Who are the major companies in the surgical sealants and adhesives market, and how are they performing?
3. What are the key opportunities and risks in the surgical sealants and adhesives market right now?
4. Which products or customer segments are growing the most in the surgical sealants and adhesives market?
5. What factors are helping or slowing down the growth of the surgical sealants and adhesives market?
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