Surgical Glue Market Overview
According to Maximize Market Research, a renowned global business research and consultancy firm, the total global market for the " Surgical Glue Market" was valued at US $ 6.23 Bn. in 2022, and it is expected to reach US $ 11.99 Bn. by 2029 with a CAGR of 9.80% during the forecast period. This growth is attributed to various factors such as technological advancements, increasing demand for the product/service, expanding market penetration, and favorable industry trends.
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Surgical Glue Market Drivers and Restraints
People are spending a lot of money on healthcare services in both developing and established economies as their health worries increase and their disposable income increases. The Centres for Disease Control and Prevention (CDC) estimate that the overall national health expenditure in the United States in 2022 will be US $5.2 trillion, or $10,990 per person. The Office for National Statistics (ONS) estimates that the UK will spend $582.8 billion on healthcare overall in 2022.
Countries are spending more on healthcare and related amenities as a result of greater medical awareness, rising disposable income, and various advancements in surgical facilities. Surgery is therefore becoming a better and quicker solution for treating a variety of problems for patients, which in turn is boosting the demand for surgical glue.
Surgical Glue Market Regional Insights
The report presents a comprehensive Regional Analysis, covering the current status of the Surgical Glue market in different countries. It includes a detailed examination of factors, market size, growth rate, and import-export dynamics within regions. The analysis is conducted at both local and country levels, encompassing North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa as the broad segments for the Surgical Glue market.
Surgical Glue Market Segmentation
by Type
Natural
Fibrin
Collagen
Gelatin
Synthetic & Semi-Synthetic
Cyanoacrylate
Polymeric Hydrogel
Urethane-based Adhesive
by Application
Hospitals
Clinics
Others
Ambulatory Surgery Centers (ASCs)
Primary Care Providers (PCPs)
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Surgical Glue Market Key Players
1. CryoLife Inc.
2. B. Barun Melsungen AG
3. Integra LifeSciences Corporation
4. Baxter International Inc.
5. Advanced Medical Solutions Group plc
6. Cardinal Health
7. CR. Brad
8. OptMed, Inc.
9. Johnson & Johnson
10. Medtronic
11. Medline Industries
12. CSL Limited
13. GEM Srl
14. Tissuemed Ltd.
15. Tricol Biomedical, Inc
16. Others
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Key questions answered in the Surgical Glue Market are:
- What is Surgical Glue?
- What was the Surgical Glue market size in 2022?
- What are the different segments of the Surgical Glue Market?
- What growth strategies are the players considering to increase their presence in Surgical Glue?
- What are the upcoming industry applications and trends for the Surgical Glue Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Surgical Glue Market?
- Who are the key players in the Surgical Glue market?
- What major challenges could the Surgical Glue Market face in the future?
- What segments are covered in the Surgical Glue Market?
- Who are the leading companies and what are their portfolios in Surgical Glue Market?
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