The global tissue sealants and tissue adhesive market size was worth around USD 1.5 billion in 2021 and is estimated revenue to grow to about USD 2.9 billion by 2028
Tissue Sealants and Tissue Adhesive Market
Over the forecast period, rising cardiovascular and orthopedic surgeries are expected to drive revenue growth in the global tissue sealants and tissue adhesive market. The ease of availability of novel tissue adhesives and tissue sealants among end users, combined with rising disposable money, is a major driver in the global increase in such procedures.
According to the Zion Market Research report, the global tissue sealants and tissue adhesive market was worth about 1.5 (USD billion) in 2021 and is predicted to grow to around 2.9 (USD billion) by 2028
Among the regions, North America is estimated to lead the global tissue sealants and tissue adhesive market during the forecast period. Because of its large population and technical advancements, North America accounted for the largest share of tissue sealants and tissue adhesive.
Integra LifeSciences, C.R Bard, Smith & Nephew, Exapharma, Johnson & Johnson, Baxter International Inc., Tissuemed Ltd., Chemence Medical, Inc., Cohera Medical, Inc., and Luna Innovations Incorporated are some of the predominant players that are operating in the global tissue sealants and tissue adhesive market.
The global tissue sealants and tissue adhesive market is categorized based on product, application, end-user, and region. Based on the product, the market is divided into semi-synthetic & synthetic adhesives and biological or natural sealants. The application segment consists of neurosurgery, cosmetic surgery, cardiovascular surgery, gynecology surgery, orthopedic surgery, general surgery, and other applications. The end-user segment is bifurcated into ambulatory surgery centers, specialty clinics, and hospitals.
Tissue sealants and tissue adhesive market CAGR value of approximately 8.6 percent over the forecast 2021 to 2028
Increase in the number of orthopedic and cardiovascular procedures to foster the market
Over the forecast period, rising cardiovascular and orthopedic surgeries are expected to drive revenue growth in the global tissue sealants and tissue adhesive market. The ease of availability of novel tissue adhesives and tissue sealants among end users, combined with rising disposable money, is a major driver in the global increase in such procedures. Adhesives are essential in general surgery. Natural and manufactured polymeric materials can be used to create three-dimensional networks that adhere to target tissues chemically and physically, acting as adhesives, sealants, or hemostats. Because adhesives and sealants are such an important aspect of general surgery, demand for them will rise as the number of procedures performed increases. As a result, market growth is likely to be boosted.
Less market penetration for tissue sealants and adhesives in developing countries to hinder the growth
The market's growth is also likely to be hampered by the dearth of acceptance of tissue glue and bio-adhesive sealants in developing markets. This is due to a lack of knowledge about the advantages, cost-effectiveness, therapeutic application, and reliability of tissue adhesive and tissue sealants against alternative procedures or products, as well as tissue healing therapies.
Yes, Technological advancement for product launches to create numerous opportunities for market growth
Limitations in the development of tissue adhesives act as a major challenge to market growth.
Tissue adhesives, in particular, do not biodegrade at a rate consistent with tissue repair, cause an unwanted inflammatory response upon adhesion or disintegration, fail to cohere in high-load-bearing applications, or do not match the characteristics of the underlying tissue.
In the early stages of development, rigorous differentiation of target applications and a greater in-depth investigation of tissue-surface features and tissue-environmental parameters are necessary. Despite the fact that the surface of the tissue and the surrounding environment change amongst tissues, the most typical technique is to utilize one type of adhesive for all conceivable tissues.