Surgical Sealants and Adhesives Market Is projected to USD 689 Million by 2023.

Posted by miky santhosh on August 31st, 2018

Market Overview:

Global Surgical Sealants and Adhesives Market was valued at USD 205 Million in 2018 and it is expected to reach USD 361 Million with a CAGR of 9.6% by 2023. Adhesives and sealants are used during surgical procedures to reinforce surgical wounds, repair injured tissues or even replace common suturing techniques. These can be developed naturally or synthetically.

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Factors affecting market growth:

• Increasing need to manage blood loss in patients. (+)
• Rise in geriatric population (+)
• Patients suffering with chronic diseases are increased (+)
• Adoption of advanced technology (+)
• Clinical data requirements for product approvals (-)
• Lack of awareness and relatively lower disposable income. (-)

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