Global Surgical Glue Market Size, Share, Forecast Report, 2020-2027

The global Surgical Glue market garnered revenue around USD 1.9 Billion in 2019 and projected to reach USD 2.8 Billion in 2027, with at a compound annual growth rate (CAGR) 6% throughout the estimate period from 2020 to 2027.

Wound closure is one of the vital steps of surgical procedure, whereas suturing is termed as the most widely used method of wound closure. The process of suturing usually prolongs the length of surgery and increases the patient’s risk of anesthesia awareness. It has several disadvantages, including iatrogenic trauma to the tissue, pain, increased risk of infection and inflammation, delayed healing, and inability to provide an immediate seal. Nowadays, interest in surgical glues as a substitute to suturing has been increasing. Rise in need, application, and availability of surgical glues for different surgical subspecialties has been observed. A significant number of surgical glues functionally depend on a physiologic coagulation cascade. Two of the essential components of the coagulation cascade are thrombin and fibrinogen. In the presence of calcium ions, thrombin cleaves the fibrinogen chains. The resulting fibrinogen monomers eventually polymerize and form a fibrin clot. These steps are independent of the coagulation pathway and can be reproduced artificially. The rate of the clot formation increases with thrombin concentration. The strength of the clot, on the other hand, depends on the concentration of fibrinogen. In terms of indication, the hemostasis segment held a major share of the global surgical glue market in 2018. This can be attributed to their advantages such as easy-to-use, and no trauma to the internal body organs and vessels. Moreover, the ergonomic design of these products offers high stability. 

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Surgical Glue market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Surgical Glue market growth.

The global Surgical Glue market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

the global surgical glue market include Baxter, Braun Melsungen, Cardinal Health, CR. Bard, Johnson & Johnson, OptMed, Inc., Advanced Medical Solutions Group plc, CryoLife, Integra LifeSciences, and Medtronic.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Surgical Glue Market: Segmentation

Surgical Glue Market, by Product

• Natural Adhesives and Sealants
  • Fibrin Sealants
  • Collagen-based Adhesives
  • Gelatin-based Adhesives
• Synthetic & Semi-synthetic Adhesives and Sealants
  • Cyanoacrylates
  • Hydrogels
  • Polyurethane-based Adhesives

Surgical Glue Market, by Indication

• Hemostasis
• Tissue Sealing

Surgical Glue Market, by Application

• Cardiovascular Surgery
• Plastic Surgery
• Liver & Spleen Lacerations
• Orthopedic Surgery
• Burn Bleeding
• Wound Management
• General Surgery
• Others

Surgical Glue Market, by End User

• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA