FDA and Ce Mark Approvals Driving the Adoption of Surgical Sealants Market


Posted July 3, 2019 by Priya08

Surgical Sealants and Adhesives Market by Product (Natural & Synthetic, Fibrin, Collagen, Gelatin, Cyanoacrylate, Albumin, Human blood), Indication (Hemostasis, Tissue Sealing), Application (CNS, Cardiovascular, Cosmetic Surgery)
 
The global surgical sealants market is estimated to grow at a CAGR of 9.6% from 2016 to 2021 to reach USD 2.96 Billion by 2021

The surgical sealants market is expected to witness a significant growth in the coming years.

Factors such as the growing need to control blood loss in patients during surgeries, growth in the number of surgeries, rising geriatric population coupled with the increasing prevalence of chronic disorders, and the increasing uptake of technologically advanced products owing to the FDA and CE Mark approvals are driving the growth of this market.

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Surgical Sealants Market segmentation:

• based on product
• based on indication
• based on applications,
• based on regions.

The global market is characterized by the presence of a large number of players. Amidst intense market competition, major players are continuously focusing on achieving higher market shares through gaining regulatory approvals and acquisitions in the market.

The Major Players Opearting in the Surgical Sealants Market:

The global surgical adhesives market is consolidated in nature and is dominated by Baxter International, Inc. (U.S.), Johnson & Johnson (Ethicon, Inc.; U.S.), CryoLife, Inc. (U.S.), C. R. Bard, Inc. (U.S.). Other players include Medtronic plc (U.S.), Sanofi Group (France), B. Braun Melsungen AG (Germany), Cohera Medical, Inc. (U.S.), Ocular Therapuetix, Inc. (U.S.), Vivostat A/S (Denmark), and Sealantis, Ltd. (Israel).
(US), and 3M Company (US) among others are the major players operating in the Environmental Monitoring Market.

Target Audience:
• Medical Device Companies
• Pharmaceutical and Biotechnology Companies
• Life Sciences Companies
• Hospitals and Clinics
• Academic Research Institutes
• Government Institutes
• Market Research and Consulting Firms
• Venture Capitalists and Investors
Geographically, the global market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America commanded a major share of the surgical adhesives market. However, Asia-Pacific is expected to witness the highest growth during the forecast period.

Growth in the Asia-Pacific market can be attributed to the rising geriatric population, rapid industrial growth, growing focus of key market players on emerging APAC countries, and rising demand for surgical interventions are some of the major factors driving the growth of this market. Moreover, the growing rate of adoption of advanced medical products owing to rising demand for quality healthcare in this region is aiding the market growth.

Read More in Detailed (Surgical Sealants and Adhesives):
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Issued By Poonam
Country United States
Categories Business , Medical , Research
Tags f surgical sealants market , f surgical sealants market by , surgical sealants and adhesives market
Last Updated July 3, 2019