The global Surgical Skin Glue Market size is expected to reach USD 4.28 Billion in 2030 and register a revenue CAGR of 8.09% over the forecast period, according to a latest report by Reports & Data. A major factor driving market revenue growth is the rapid adoption of Surgical Skin Glue as a substitution of sutures in surgeries.
Government focus on strengthening healthcare industry to provide accessible and affordable health care is expected to positively impact revenue growth of the market over the forecast period. In addition, rising prevalence of cardiovascular diseases (CVDs) and increase in number of open-heart surgeries and trauma are some key factors expected to continue to fuel market growth going ahead.
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Some Key Highlights From The Report:
- On the basis of products, the market report is segmented into natural or biological adhesives and sealants and synthetic and semi-synthetic adhesives and sealants. The natural or biological adhesives and sealants segment accounted for the largest revenue share in 2020 due to superior biocompatibility. This segment is further segmented into fibrin sealants, collagen based adhesives, and gelatin-based adhesives.
- On the basis of indication, the market report is segmented into hemostasis, and tissue sealing. Among these, tissue sealing segment is expected to register a significantly rapid revenue CAGR during the forecast period due to increase in number of cosmetic surgeries.
- On the basis of application, the market report is segmented into cardiac surgery, pulmonary surgery, vascular surgery, liver and spleen lacerations, orthopedic surgery, burn bleeding, plastic surgery, wound management, neurosurgery, general surgery, and others (eye, urological, gynecological surgeries). Among these, plastic surgery segment is projected to register a significant CAGR during the forecast period due to the rise of selfie culture and growing incidence of burn injuries.
- On the basis of end-use, the market report is segmented into hospitals, ambulatory surgical centers, specialty clinics, and others. The hospitals segment is expected to register largest revenue share over the forecast period due to increase in the number of complicated surgeries, such as vascular, pulmonary, and cardiac surgeries.
- Revenue from North America Surgical Skin Glue market is projected to account for a significantly larger revenue share and dominate other regional markets over the forecast period. This can be attributed to presence of key market players, increasing medical tourism and well developed healthcare infrastructure.
Key Players covered in this report are
Braun Medical Inc, Medtronic PLC, Advanced Medical Solutions Group PLC, Baxter International Inc, Cohera Medical Inc, CryoLife Inc., Adhesys Medical GmbH, Integra LifeSciences Holdings Corporation, Arch Therapeutics Inc, and Lifebond Machines Pvt. Ltd.
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Products Outlook (Revenue, USD Billion; 2019 – 2030)
- Natural or Biological Adhesives and Sealants
- Fibrin Sealants
- Collagen Based Adhesives
- Gelatin-Based Adhesives
- Synthetic and Semi-Synthetic Adhesives and Sealants
- Cyanoacrylates
- Polymeric Hydrogels
- Urethane Based Adhesives
Indication Outlook (Revenue, USD Billion; 2019 – 2030)
- Hemostasis
- Tissue Sealing
Application Outlook (Revenue, USD Billion; 2019 – 2030)
- Cardiac surgery
- Pulmonary surgery
- Vascular surgery
- Liver and spleen lacerations
- Orthopedic surgery
- Burn bleeding
- Plastic surgery
- Wound management
- Neurosurgery
- General surgery
- Others (eye, urological, gynecological surgeries)
End-Use Outlook (Revenue, USD Billion; 2019 – 2030)
- Hospitals
- Ambulatory surgical centers
- Specialty Clinics
- Others
Key Regions Covered in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Major Points covered in this report are as below:
• The Surgical Skin Glue industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Surgical Skin Glue Market report provides key statistics on the market status of the Surgical Skin Glue manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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