Surgical Sealants And Adhesives Market Analysis By Type (Natural or Biological Adhesives & Sealants, Synthetic & Semi Synthetic Adhesives), By Application, By Region, And Segment Forecasts, 2018 - 2025

Industry Insights

The global surgical sealants and adhesives market size was valued at USD 1.8 billion in 2015 and is projected to grow at a CAGR of 9.7% over the forecast period. Sealants and adhesives have evolved to become useful accompaniments in modern surgical procedures. They are widely preferred because of their safety, efficacy, and usability in repairing injured tissues and support wounds obtained during surgery.

Factors contributing to the growth of this market are the rising demand for surgical services and increasing concerns to reduce surgical wounds. Globally, the number of surgeries being undertaken has increased significantly. According to WHO estimations, approximately 235 million major surgical procedures are undertaken worldwide every year. Surgical procedures are normally accompanied by risk of wound infection, excessive bleeding, or tissue damage. In addition, patients suffering from diabetes need to be extra cautious as chances of complications during and post-surgery are significantly higher in their case.

U.S. surgical sealants and adhesives market, by type, 2014 - 2025 (USD Million)

As volume of surgeries is increasing, extensive R&D activities focused on the widening applications of surgical sealants and adhesives are also rising. Traditional alternatives to surgical sealants are sutures and staples, which are expected to be replaced by surgical sealants and adhesives, owing to their better wound closure capabilities, with minimal blood loss. The sealants facilitate less painful operations and do not need removal. Currently, sealants are facing limited market growth owing to their high costs. In addition, strict regulatory approvals are creating substantial challenges in market growth.

Type Insights

The key surgical sealants by type are natural or biological and synthetic and semi synthetic. Natural or biological are further classified into fibrin, collagen based and gelatin based. Fibrin sealants accounted for the largest market share in the year 2015, owing to their broad applications in medical practice. They find effective applications in thoracic, cardiovascular, orthopedic, neuro, and reconstructive surgeries. Furthermore, fibrin, among other sealants, is the only product to have received approval from the FDA, to be used under all the three groups, namely hemostats, sealants, and adhesives.

On the other hand, synthetic and semi synthetic  are classified into cyanoacrylates, polymeric hydrogels, and urethane based adhesives. Cyanoacrylates is expected to register the fastest growth in the forecast period owing to its high-speed drying rate. Its strong mechanical strength and ease of adhesion is responsible for its increased adoption in surgical practices worldwide. However, cyanoacrylates are known to cause intense inflammatory response, when exposed to non-cutaneous surfaces, restricting its use in internal surgeries. It can only be utilized external injuries and surgeries, as a result of which its market growth is expected to be hindered.

Application Insights

By application, the market is segmented into central nervous system, cardiovascular, general surgery, orthopedic, pulmonary, urology, ophthalmology and others. CNS segment in application accounted for the largest market share in the year 2016, owing to high prevalence of CNS disorders globally. Sealants are a top choice in CNS surgeries, over traditional closure methods such as wires, sutures, and staples. Traditional sealant methods are difficult to use in CNS surgeries and as a result demand for surgical sealants and adhesives for CNS has risen exponentially.

On the other hand, cardiovascular segment is expected to exhibit the fastest growth rate in the forecast period. A rising number of cardiovascular interventions and cardiovascular surgeries such as open heart surgery, cardiac valve procedures, and heart transplant procedures is expected to contribute to the growth of the market in the forecast period.

North America surgical sealants and adhesives market, by application, 2015 (%)

Regional Insights

Geographically, North America held the largest market share in the surgical sealants and adhesives market in 2015 owing to the high quality healthcare and modern medical technology in the region. Furthermore, rising importance of surgical care in the public health policies in the U.S. is expected to positively contribute toward the growth of the market. Another contributing factor is the local presence of a large number of major market players, such as Baxter International, CryoLife, and Johnson & Johnson.

Asia Pacific is expected to register significant growth in the market because of ongoing transformation of healthcare delivery systems into advanced value-based healthcare practices that create a sustainable health system. This will help people avail cheaper and better facilities at low costs and promote the use of novel techniques in surgeries and other healthcare practices.

Competitive Insights

Surgical sealants and adhesive market participants combine a blend of both large public companies and large number of specialized companies focused on only one segment or product, often termed as “Pure Play” companies. For instance, Cohera Medical, Inc.’s product portfolio only involves only surgical sealants.

However, new local players in the market are expected to emerge and increase competition. Leading players are continuously implementing various strategies to attain dominant market position. Some of the leading players in the market are Baxter International, Inc.; CryoLife, Inc.; C.R. Bard, Inc.; Medtronic PLC; B. Braun Melsungen AG; Cohera Medical, Inc.; Ethicon, Inc. [J&J]; Mallinckrodt plc; Cardinal Health; and Integra LifeSciences Holdings Corporation.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, & country levels and provides an analysis on the latest trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the surgical sealants and adhesives market on the basis of type and application:

• Adhesives and Sealants Type Outlook (Revenue, USD Million; 2014 - 2025)

  • Natural or Biological  

    • Fibrin

    • Collagen Based

    • Gelatin Based

  • Synthetic and Semi Synthetic 

    • Cyanoacrylates

    • Polymeric Hydrogels

    • Urethane Based Adhesives

• Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Central Nervous System

  • Cardiovascular

  • General surgery

  • Orthopedic

  • Pulmonary

  • Urology

  • Ophthalmology

  • Others

• Regional Outlook (Revenue, USD Million; 2014 - 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa

    • Saudi Arabia