Global Surgical Sealants And Adhesives Market Size & Outlook
Global surgical sealants and adhesives market, 2018-2030 (US$M)
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Global surgical sealants and adhesives market highlights
- The global surgical sealants and adhesives market generated a revenue of USD 2,501.4 million in 2023 and is expected to reach USD 5,394.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.6% by 2030.
- In terms of segment, natural/biological adhesives & sealants accounted for a revenue of USD 1,548.9 million in 2023.
- Synthetic & Semi-synthetic Adhesives & Sealants is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,501.4 million |
| Market revenue in 2030 | USD 5,394.2 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Natural/biological adhesives & sealants |
| Fastest growing segment | Synthetic & Semi-synthetic Adhesives & Sealants |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural/Biological Adhesives & Sealants, Synthetic & Semi-synthetic Adhesives & Sealants |
Other key industry trends
- In terms of revenue, the North America accounted for 39.6% of the global surgical sealants and adhesives market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,568.0 million by 2030.
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Surgical Sealants And Adhesives Market Scope
Surgical Sealants And Adhesives Market Companies
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Global surgical sealants and adhesives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surgical sealants and adhesives market will help companies and investors design strategic landscapes.
Natural/biological adhesives & sealants was the largest segment with a revenue share of 61.92% in 2023. Horizon Databook has segmented the Global surgical sealants and adhesives market based on natural/biological adhesives & sealants, synthetic & semi-synthetic adhesives & sealants covering the revenue growth of each sub-segment from 2018 to 2030.
There has been an increase in the number of hospitals and clinics utilizing surgical sealants and adhesives in the recent past. Advantages such as lowered infection rates, reduced operating times, enhanced cosmetic results, lowered costs, ease of use, rapid wound sealing, and reduction of needle stick injuries are some of the key factors responsible for the increasing adoption of these products.
Increasing awareness about the advantages of using surgical sealants and adhesives has been a key factor leading to a rise in their adoption by surgeons. Conventionally, products such as sutures, staples, and wires were used for the purpose of wound closure.
Despite their extensive use, these products have various limitations such as tissue trauma, infections, inability to be used in certain surgical locations, and prolonged surgeries. Alternatively, the use of surgical sealants and adhesives provide a wide range of benefits over traditionally used products, thereby increasing their demand globally. With the increasing demand, the market is anticipated to grow at a significant rate.
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Target buyers of Global surgical sealants and adhesives market databook
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Our clientele includes a mix of surgical sealants and adhesives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global surgical sealants and adhesives market , including forecasts for subscribers. This global databook contains high-level insights into Global surgical sealants and adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global surgical sealants and adhesives market size, by regions, 2018-2030 (US$M)
Top 10 countries: Surgical sealants and adhesives market size, 2023 (US$M)
Global surgical sealants and adhesives market share, by product, 2023 & 2030 (%, US$M)
Surgical sealants and adhesives market: Opportunity assessment by country
Global surgical sealants and adhesives market, by region, 2023 (US$M)
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