Latest Surgical Sealants And Adhesives Market Growth Study 2022-2026 By The Business Research Company
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The surgical sealants and adhesives market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 7%, as per The Business Research Company’s market report!
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The Surgical Sealants And Adhesives Market Size In 2022 And Forecast
The global surgical sealants and adhesives market is expected to reach from $2.12 billion in 2021 to $2.39 billion in 2022 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The surgical sealants and adhesives market is expected to grow to $3.13 billion in 2026 at a CAGR of 6.9%.
The surgical sealants and adhesives market consists of revenue generated from the sales of surgical sealants and adhesives.
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Rise In Number Of Surgical Procedures Is Driving The Growth Of The Surgical Sealants And Adhesives Market
According to the United Nations Department of Economic and Social Affairs, the number of people over the age of 65 is projected to increase from 703 million in 2019 to 1.5 billion by 2050, globally.
Competitive Landscape And The Regional Analysis Of The Surgical Sealants And Adhesives Market
Major players in the surgical sealants and adhesives market are Baxter International Inc., B. Braun Melsungen AG, Cohera Medical, Inc., CryoLife Inc., C.R. Bard Inc., CSL Limited (CSL Behring), Johnson & Johnson (Ethicon, Inc.), Sanofi, Ocular Therapeutix Inc., and Sealantis Ltd.
The Surgical Sealants And Adhesives Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the surgical sealants and adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the surgical sealants and adhesives market.
Focusing On Product Portfolio Expansion – A Key Trend In The Surgical Sealants And Adhesives Market
Several companies operating in the market are focusing on product portfolio expansion into untapped geographies.
Surgical Sealants And Adhesives Market Segmentation By The Business Research Company
1) By Product: Biological Sealants, Synthetic Sealants, Semi-Synthetic Sealants
2) By Indication: Tissue Sealing, Tissue Engineering, Hemostasis
3) By End Use: Hospitals, Clinics, Other End Uses
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