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Surgical Sealants And Adhesives Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.
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Published date -30th Jan 2024
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Formats -PDF, CSV
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Region -Global
Surgical Sealants And Adhesives Market Overview
1. Market Size & CAGR of Surgical Sealants And Adhesives Market in 2021
Surgical sealants and adhesives market size in 2021 reached USD 2.5 billion with a CAGR of 6.8%, showing steady growth in the industry.
2. COVID-19 Impact on the Surgical Sealants And Adhesives Market
The COVID-19 pandemic had a significant impact on the surgical sealants and adhesives market, causing disruptions in the supply chain and delaying elective surgeries.
3. Surgical Sealants And Adhesives Dynamics
The dynamics of the surgical sealants and adhesives market are influenced by technological advancements, increasing surgical procedures, and the demand for minimally invasive treatments.
4. Segments and Related Analysis
The market segments include natural sealants, synthetic adhesives, fibrin-based sealants, and cyanoacrylate adhesives, each catering to specific surgical needs and preferences.
5. By Region Analysis
The market analysis by region shows that North America dominates the market, followed by Europe and Asia Pacific, due to the presence of advanced healthcare facilities and increasing surgical procedures.
6. Key Market Players and Competitive Landscape
Key market players in the surgical sealants and adhesives market include Johnson & Johnson, Baxter International, and CryoLife, among others, creating a competitive landscape with focus on innovation and product development.
7. Recent Happenings in the Surgical Sealants And Adhesives Market
In recent developments, new biocompatible sealants with improved adhesion properties have been introduced, catering to the growing demand for effective surgical solutions.