Lucintel Forecasts Surgical Sealant Market to Reach $XX Billion by 2028

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According to the recent study the surgical sealant market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 9% to 11% from 2023 to 2028. Growth in this market is primarily driven by rising geriatric population, increasing volume of surgeries, and growing incidence of chronic and lifestyle-associated diseases.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in surgical sealant market by product (biological sealant, synthetic sealant and semi-synthetic sealant), application (cardiovascular surgery, general surgery, CNS surgery, orthopedic surgery, cosmetic surgery, urological surgery, pulmonary surgery, ophthalmic surgery and others), indication (tissue sealing, surgical hemostasis and tissue engineering), end use (hospital, ambulatory surgical centre, clinic and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Tissue engineering market is expected to remain the largest segment during the forecast period.”

Based on indication, the surgical sealant market is segmented into tissue sealing, surgical hemostasis and tissue engineering. Lucintel forecasts that the tissue engineering market is expected to remain the largest segment due to the growing need for tissue regeneration in the cases like skin injuries or burn injuries and increasing number of cosmetic surgeries.

“Within the surgical sealant market, the Hospital segment is expected to remain the largest end use”

Based on end use the Hospital segment is expected to witness the highest growth over the forecast period due to the increasing number of surgeries, rising incidence of various diseases and rising adoption of surgical sealant by surgeons.

“North America will dominate the surgical sealant market in near future”

North America will remain the largest region due to the presence of key players, growing development of the healthcare sector, and presence of new innovative surgical sealant in the region.

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Major players of surgical sealant market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Baxter International, Inc., CryoLife, Inc., C.R. Bard, Inc., Medtronic PLC, B. Braun Melsungen AG, Cohera Medical, Inc., Ethicon, Inc are among the major surgical sealant providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]