Global Surgical Glue Market Key Players look ahead to growth despite regulatory challenges

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Global Surgical Glue Market
Global Surgical Glue Market Key Players look
ahead to growth despite regulatory challenges
Global Surgical Glue Market is expected to
register a healthy CAGR in the forecast period
2018 to 2025. The new market report contains data
for historic years 2016, the base year of
calculation is 2017 and the forecast period is
2018 to 2025. The major factors contributing to
the growth of the market includes factors such as
rising need to prevent blood loss in patients,
improving healthcare infrastructure and
increasing healthcare spending. On the other
hand, high costs of surgical glue and tissue
adhesives may hinder the growth of the market.
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Market Segmentation
The global surgical glue market is segmented
based on material type into two notable segments
natural and synthetic. The natural segment is
further sub segmented into fibrin, collagen-based
compound and gelatine. The synthetic segment is
sub segmented into cyanoacrylate, glutaraldehyde
glue, hydrogel, polysaccharide based, urethane
based, others. In 2018, natural segment is likely
to dominate market with 61.4 shares and is
estimated to reach USD 612.01 million by 2025. It
is growing at a CAGR of 8.7 in the forecast
period. The global surgical glue market is
segmented based on specialty gases type into
indication into three notable segments surgical
haemostat, tissue sealing and others. In 2018,
surgical hemostat segment is expected to dominate
market with 64.3 shares and is estimated to
reach USD 682.41 million by 2025, growing at the
highest CAGR of 9.6.
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Key Drivers
The major factors contributing to the growth of
the market includes factors such as rising need
of blood control in patients during surgery,
improving healthcare infrastructure and
increasing healthcare spending will drive the
market. High costs of surgical glue and tissue
adhesives and side effects of surgical glue are
the factor thats hampering the growth of the
global surgical glue market.
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arket
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Key Points

• Baxter is going to dominate the global surgical
  glue market followed by Cardinal Health, B. Braun
  Melsungen AG and Medtronic.
• The material type segment is dominating the
  global surgical glue market.
• Application segment is expected to grow with the
  CAGR of 9.2 in the forecast period 2018 to 2025.

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