Surgical Glue Market Size is Anticipated to Around USD 6,843 Million by 2024, this Market is Expected to Develop with 9.21% CAGR During the Forecast Time Frame
Global Surgical Glue Market is projected to witness a blooming CAGR of 9.21% over the forecast period. The market is likely to expand from USD 3,731 million in 2017 to USD 6,843 million by 2024.
The Global Surgical Glue Market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2018 to 2024. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2018 to 2024.
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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the Global Surgical Glue Market.
The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.
The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).
What is the market size in 2018 and the growth rate of the Global Surgical Glue Market?
What is the market drivers, restrains, opportunities governing the Global Surgical Glue Market?
Which are the largest and the fastest growing segments in the Global Surgical Glue Market?
Who are the key players operating in the market and their market position?
What is the pipeline scenario, drug pricing analysis and technological development in the market?
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The growth is attributed to the increasing number of surgeries and growing number of clinical applications. Moreover, advances in the development of new surgical glue as well as emerging applications in regenerative medicine are further boosting the market growth.
The years used for the assessment are as follows:
Historical year: 2014, 2015 and 2016
Base year: 2017
Forecast period: 2018 ndash; 2024
The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;
Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total global surgical glue market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global surgical glue market
Finalizing the overall size and share of the global surgical glue market
To analyze market trends, opportunities, drivers, and restraints associated with the global surgical glue market
To study market response with respect to the mergers and acquisitions in the industry
To profile key companies operating in the global surgical glue market and provide their competitive landscape
The research scope for Global Surgical Glue Market is as follows:
By Product Type
Gelatin and Thrombin
Urethane based adhesive
Albumin and Glutaraldehyde
Collagen based compound
Middle East and Africa
The global surgical glue market is projected to witness a CAGR of 9.21% over the forecast period. The market is likely to expand from USD 3,731 million in 2017 to USD 6,843 million by 2024. The growth is attributed to the increasing number of surgery and growing number of clinical application. Moreover, advances in the development of new surgical glue as well as emerging applications in regenerative medicine are further boosting the market growth.
Surgical glue are increasingly gaining more popularity in different areas of medical application, including healing and wound closer, tissue engineering, among others. Moreover, the growth is also driven by the growing demand in clinical applications such as controlling blood during the surgery; prevent unstable hemodynamics, and lowering overall mortality and morbidity rate. Surgical glue is important in medical surgery to prevent massive blood loss caused by traumatic injuries and during surgical operations. Recently fibrin glue has received approval from the U.S. FDA and European Union for their use in spleen trauma, cardiovascular surgery and for the closure of colostomies. Tisseel, biocol, and beriplast are some of the commercially prepared fibrin sealants.
The surgical glue controls blood during surgery and minimizes the risk of infection, and lowering the mortality and morbidity rate. The tissue adhesives sealants are used as suture adjuncts and for sealing wounded tissues. They are gaining popularity for their easy to use and post-operative comfort. Healthcare researchers have developed surgical glue which is used in emergency situations by sealing up critical wounds in the organs and skin, without the need for sutures and staples.
Table Of Contents
Global Surgical Glue Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation amp; Forecast 2024
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Research scope amp; assumptions
1.3. List of data sources
CHAPTER 2. Executive Summary
2.1. Surgical Glue ndash; Market snapshot
CHAPTER 3. Industry Analysis
3.1. Market definition
3.2. Market segmentation
3.3. Key findings of the Global Surgical Glue Market
3.4. Value chain analysis
3.5. Market opportunities amp; trends
3.6. Regulatory Trends
3.7. Market Dynamics
3.7.1. Market driver analysis
18.104.22.168. Growing number of surgeries
22.214.171.124. Increasing number of road accidents
126.96.36.199. Growing number of research and development activities
3.7.2. Market restraint analysis
188.8.131.52. Risk of passing of infections
3.7.3. Industry Analysis-Porters five forces of analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive aanalysis
4.2. Competitive factors
4.3. Strategies adopted
CHAPTER 5. Global Surgical Glue Market Size and Forecast (2014 ndash; 2024) (US Million)
5.1. Global Surgical Glue Market, By Product Type (USD Million)
5.1.1. Fibrin Sealants
5.1.4. Gelatin and Thrombin
5.1.5. Urethane based adhesive
5.1.6. Albumin and Glutaraldehyde
5.1.7. Collagen based compound
5.2. Global Surgical Glue Market, By Application (USD Million)
5.2.1. Cardiac Surgery
5.2.2. General Surgery
5.2.3. Gynecological Surgery
5.2.5. Orthopedic Surgery
5.2.6. Plastic Surgery
5.2.7. Urological Surgery
5.2.8. Wound management
5.3. Global Surgical Glue Market, By End-use (USD Million)
5.3.2. Surgical Centers
CHAPTER 6. Global Surgical Glue Market Size and Forecast, By Geography (2014-2024)
6.1. North America Surgical Glue Market
6.1.1. North America Surgical Glue Market, By Product Type (USD Million)
6.1.2. North America Surgical Glue Market, By Application (USD Million)
6.1.3. North America Surgical Glue Market, By End-use (USD Million)
6.1.4. North America Surgical Glue Market, By Country
184.108.40.206. Rest of North America
6.2. Europe Surgical Glue Market
6.2.1. Europe Surgical Glue Market, By Product Type (USD Million)
6.2.2. Europe Surgical Glue Market, By Application (USD Million)
6.2.3. Europe Surgical Glue Market, By End-use (USD Million)
6.2.4. Europe Surgical Glue Market, By Country
220.127.116.11. Rest of Europe
6.3. Asia-Pacific Surgical Glue Market
6.3.1. Asia-Pacific Surgical Glue Market, By Product Type (USD Million)
6.3.2. Asia-Pacific Surgical Glue Market, By Application (USD Million)
6.3.3. Asia-Pacific Surgical Glue Market, By End-Use (USD Million)
6.3.4. Asia-Pacific Surgical Glue Market, By Country
18.104.22.168. Rest of Asia-Pacific
6.4. Latin America Surgical Glue Market
6.4.1. Latin America Surgical Glue Market, By Product Type (USD Million)
6.4.2. Latin America Surgical Glue Market, By Application (USD Million)
6.4.3. Latin America Surgical Glue Market, By End-use (USD Million)
6.4.4. Latin America Surgical Glue Market, By Country
22.214.171.124. Rest of Latin America
6.5. Middle East and Africa Surgical Glue Market
6.5.1. Middle East and Africa Surgical Glue Market, By Product Type (USD Million)
6.5.2. Middle East and Africa Surgical Glue Market, By Application (USD Million)
6.5.3. Middle East and Africa Surgical Glue Market, By End-Use (USD Million)
6.5.4. Middle East and Africa Surgical Glue Market, By Country
126.96.36.199. Saudi Arabia
188.8.131.52. Rest of Middle East and Africa
CHAPTER 7. Key Players and Strategic Developments
7.1. Takeda Pharmaceutical Company Limited.
7.1.1. Business Overview
7.1.2. Product and Service Offering
7.1.3. Financial Overview
7.1.4. Strategic Developments
7.2. Johnson amp; Johnson
7.2.1. Business Overview
7.2.2. Product and Service Offering
7.2.3. Financial Overview
7.2.4. Strategic Developments
7.3. Cohera Medical, Inc.
7.3.1. Business Overview
7.3.2. Product and Service Offering
7.3.3. Financial Overview
7.3.4. Strategic Developments
7.4. Cardinal Health
7.4.1. Business Overview
7.4.2. Product and Service Offering
7.4.3. Financial Overview
7.4.4. Strategic Developments
7.5. C. R. Bard, Inc.
7.5.1. Business Overview
7.5.2. Product and Service Offering
7.5.3. Financial Overview
7.5.4. Strategic Developments
7.6. Advanced Medical Solutions Group plc
7.6.1. Business Overview
7.6.2. Product and Service Offering
7.6.3. Financial Overview
7.6.4. Strategic Developments
7.7. CryoLife Inc.
7.7.1. Business Overview
7.7.2. Product and Service Offering
7.7.3. Financial Overview
7.7.4. Strategic Developments
7.8. Medtronic PLC
7.8.1. Business Overview
7.8.2. Product and Service Offering
7.8.3. Financial Overview
7.8.4. Strategic Developments
7.9. Baxter International Inc.
7.9.1. Business Overview
7.9.2. Product and Service Offering
7.9.3. Financial Overview
7.9.4. Strategic Developments
7.10. Ocular Therapeutix, Inc.
7.10.1. Business Overview
7.10.2. Product and Service Offering
7.10.3. Financial Overview
7.10.4. Strategic Developments
7.11. B. Braun Melsungen AG
7.11.1. Business Overview
7.11.2. Product and Service Offering
7.11.3. Financial Overview
7.11.4. Strategic Developments
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