Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1901.93 Million | USD 4340.04 Million | 8.6% | 2024 |
FrequentlyAsked Questions
The global tissue sealants and tissue adhesive market is expected to grow due to increasing adoption in surgical procedures, rising demand for wound closure solutions, and technological advancements in bioadhesive materials.
According to a study, the global tissue sealants and tissue adhesive market size was worth around USD 1901.93 Million in 2024 and is expected to reach USD 4340.04 Million by 2034.
The global tissue sealants and tissue adhesive market is expected to grow at a CAGR of 8.6% during the forecast period.
North America is expected to dominate the tissue sealants and tissue adhesive market over the forecast period.
Leading players in the global tissue sealants and tissue adhesive market include 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, among others.
The report explores crucial aspects of the tissue sealants and tissue adhesive market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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
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