Surgical glue market is expected to gain market growth in the forecast period of 2019 to 2028. Data Bridge Market Research analyses the market to account to USD 723.80 million by 2028 growing at a CAGR of 9.75% in the above-mentioned forecast period. The rising need of blood control in patients during surgery or to close both major and minor wounds will help in driving the growth of the surgical glue market. Improving healthcare infrastructure and increasing healthcare spending will likely to accelerate the growth of the surgical glue market in the forecast period of 2019-2028. On the other hand, growing healthcare sector along with rising applications from emerging economies will further boost various opportunities that will lead to the growth of the surgical glue market in the above mentioned forecast period.

Top Driver: developed economies are spending hugely on healthcare services will drive the market growth

People from developing and developed economies are spending hugely on healthcare services owing to the rise in health concerns and increase in disposable income. According to the Centers for Disease Control and Prevention (CDC), in 2019, total national health expenditure in the U.S. stood at $3.3 trillion and per capita national health expenditure was $9,990. As per the reports of the U.K. Office for National Statistics (ONS), the U.K.’s total healthcare expenditure was $282.9 billion in 2019. Abovementioned data indicate that countries are increasingly spending on healthcare and related facilities owing to rising medical awareness, growth in disposable income, and various developments in surgical facilities. Thus, patients suffering from various diseases are going for surgeries (better and quick treatment options), which, in turn, is driving the surgical glue market growth.

Fibrin sealant to Make Crucial Contribution for Growth of Surgical Glue Market

On the idea of type, the surgical glue market is categorized into fibrin sealant, cyanoacrylate, collagen-based compound, glutaraldehyde glue, hydrogel, et al. The others category includes polysaccharide-based and urethane-based variants. Natural or Biological Adhesives and Sealants Fibrin sealant which contain held the most important share within the surgical glue market during the period and is estimated to contribute quite 45.0% share to the market in 2017. This is attributed to the increasing demand for fibrin sealant and related products for a wide range of applications and its natural origin; that is, it is derived from human or animal blood cells, hence, more compatible with the human body.

Based on end user, the surgical glue market is categorized into hospitals, clinics, et al. . . . Other end users include ambulatory surgery centers (ASCs) and primary care providers (PCPs). The hospitals category is estimated to contribute quite 80% share to the surgical glue market in 2017. This can be attributed to complex major surgeries, such as cardiac, pulmonary, and vascular surgeries, which are generally performed in hospitals owing to the need for admitting and keeping the patient under medical supervision for several days.

North America dominated to witness fastest growth in Global Surgical Glue Market

North America dominated the fruit and vegetable processing market in 2015. There is a high consumption of frozen fruits and vegetables in the United States and Canada. However, due to the increasing health awareness, consumers are expected to shift toward fresh produce in the long run. Demand for processed fruits and vegetables have grown strongly in the developing countries of Asia-Pacific over the past five years.

Asia Pacific will generate notable gains at around 7.5% CAGR from 2019 to 2028. Innovative and convenient fruits and vegetables ingredient solutions are offered to food processing companies amid increasing count of supermarkets within the region, is proliferating the industry growth. Strong demand for dried fruits owing to increasing per capita income and availability of imported products will promulgate the product penetration. Aspects such as large geriatric population particularly in Japan, economic growth, and busier schedules, and urbanization positively influence the industry advancement.

Players to Focus on Surgical Glue Market

Surgical glue market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only associated with the companies’ focus associated with surgical glue market.

The major players covered within the surgical glue market report are

• Baxter International, Inc.
• CryoLife, Inc.
• R. Bard, Inc.
• Medtronic PLC
• Braun Melsungen AG
• Cohera Medical, Inc
• Ethicon, Inc.
• Mallinckrodt plc

Cardinal Health and Integra LifeSciences Holdings Corporation among other domestic and global players.

Scope of the Report

By Type

• 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

By Application

• Cardiac surgery
• Pulmonary surgery
• Vascular surgery
• Liver and spleen lacerations

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report 

1. It provides a technological development map over time to understand the growth rate of the industry.

2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.

3. It renders definite analysis for changing competitive dynamics.

4. It builds a seven-year estimate based on how the market is predicted to grow.