Asia Pacific Surgical Sealants And Adhesives Market Size & Outlook
Asia Pacific surgical sealants and adhesives market, 2018-2030 (US$M)
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Asia Pacific surgical sealants and adhesives market highlights
- The Asia Pacific surgical sealants and adhesives market generated a revenue of USD 564.1 million in 2023.
- The market is expected to grow at a CAGR of 13.7% from 2024 to 2030.
- In terms of segment, natural/biological adhesives & sealants was the largest revenue generating product in 2023.
- Synthetic & Semi-synthetic Adhesives & Sealants is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 564.1 million |
| Market revenue in 2030 | USD 1,386.3 million |
| Growth rate | 13.7% (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 |
| Key market players worldwide | Johnson & Johnson, Artivion Inc, BD, Medtronic PLC, B. Braun, Mallinckrodt PLC Ordinary Shares - New, Cardinal Health Inc, Baxter International Inc, Integra Lifesciences Holdings Corp, Stryker Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.5% of the global surgical sealants and adhesives market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,386.3 million by 2030.
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Surgical Sealants And Adhesives Market Scope
Surgical Sealants And Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 62.15% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific is expected to witness exponential growth over the forecast period. Some of the major factors expected to propel the regional market are favorable government initiatives to improve the adoption of these medical devices, the increasing elderly population, and a notable surge in healthcare spending across the region.
Moreover, the region benefits from more lenient regulatory requirements concerning the utilization of such medical devices, fostering a conducive environment conducive to growth. Moreover, the market is driven by substantial investments from major industry players, such as Pfizer, Inc. and CryoLife Inc., signaling their commitment to expanding their presence in Asia Pacific.
Their strategic investments contribute significantly to advancing and proliferating surgical sealants and adhesives. As these key players continue to invest & innovate, the market in this region is expected to witness significant growth, with increased accessibility to these essential medical devices across various Asia Pacific.
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Target buyers of Asia Pacific 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific surgical sealants and adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific surgical sealants and adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific surgical sealants and adhesives market size, by country, 2018-2030 (US$M)
Asia Pacific Surgical Sealants And Adhesives Market Outlook Share, 2023 & 2030 (US$M)
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