Latin America Surgical Sealants And Adhesives Market Size & Outlook
Latin America surgical sealants and adhesives market, 2018-2030 (US$M)
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Latin America surgical sealants and adhesives market highlights
- The Latin America surgical sealants and adhesives market generated a revenue of USD 159.7 million in 2023.
- The market is expected to grow at a CAGR of 12.6% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 159.7 million |
| Market revenue in 2030 | USD 366.0 million |
| Growth rate | 12.6% (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 |
| 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, Latin America region accounted for 6.4% 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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Latin America 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 62.18% in 2023. Horizon Databook has segmented the Latin America 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.
The Latin America surgical sealants and adhesives market is primarily driven by the rise in chronic diseases and a growing aging population, resulting in more surgical procedures. This increase in surgeries created a notable demand for advanced solutions that effectively handle bleeding and seal tissues during medical procedures.
Improving healthcare infrastructure and the increasing use of minimally invasive techniques amplified the necessity for surgical sealants and adhesives across different surgical fields.
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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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America surgical sealants and adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America surgical sealants and adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America surgical sealants and adhesives market size, by country, 2018-2030 (US$M)
Latin America Surgical Sealants And Adhesives Market Outlook Share, 2023 & 2030 (US$M)
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