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    Tissue Glue And Bio Adhesive Sealants Market Report

    Tissue Glue And Bio Adhesive Sealants Market Report
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    Global Tissue Glue and Bio-adhesive Sealants Market, Dynamics, and Market Analysis
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    Impact of COVID-19 on Tissue Glue And Bio Adhesive Sealants Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Tissue Glue And Bio Adhesive Sealants Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Tissue Glue and Bio-adhesive Sealants Market is projected to grow from USD 1.67 billion in 2020 to USD 2.68 billion by 2026 at a CAGR of over 8.2% during the forecast period.

    Figure: Global Tissue Glue and Bio-adhesive Sealants Market Size, 2020-2026 (USD Billion)

    Tissue-Glue-and-Bio-adhesive-Sealants-Market-Forecast

    To know about the assumptions related to the report, Request for Free Sample here.

    What are Tissue glue and Bio-adhesive Sealants?

    Tissue glue is primarily used as an alternative method for wound closure which is fast, painless, and does not require a follow-up visit for removal. It is produced from cyanoacrylate compounds. Tissue glue is found widespread applications in low wound tension, superficial lacerations, and after placement of deep sutures to close the skin surface.

    Key Players

    Key players operating in the global tissue glue and bio-adhesive sealants market are-

    • Cryolife, Inc. (The U.S),
    • Baxter International Inc. (The U.S),
    • Luna Innovations Incorporated (The U.S),
    • B. Braun Melsungen AG (Germany),
    • Johnson and Johnson (The U.S),
    • Dentsply Sirona Inc. (The U.S),
    • Cohera Medical, Inc. (Slovenia),
    • Chemence Medical, Inc. (The U.S),
    • Tissuemed Ltd. (UK), and
    • C.R. Bard Inc. (The U.S).

    Segment Analysis

    Market Dynamics

    Growing orthopedic and cardiovascular procedures across the globe is likely to boost the product demand.

    • Rising purchasing power along with the ease of access to new surgical sealants among various applications further augment product consumption.
    • Expanding the number of surgical procedures, increasing chronic diseases, rising geriatric population, and increasing concern for blood loss during surgeries further augment the market growth.
    • However, the lack of adoption of bio-adhesive sealants and tissue glue in developing countries is likely to hinder the industry's expansion.

    End-Use Trends

    Based on end use, the global tissue glue and bio-adhesive sealants market has been segmented into hospitals, specialty clinics, and ambulatory surgical centers.

    • Among these, the hospitals segment witnessed the highest market share in 2020 and is projected to grow at a healthy CAGR during the forecast timeline.
    • This is mainly ascribed to the rising visits of outpatients to hospitals for various treatments, increasing technological advancements, and growing surgical procedures, thereby bolstering the segment growth.

    Regional Trends

    By region, the North American market garnered the highest market share in 2020 and is estimated to grow at a steady CAGR during the assessment period. This can be attributed to the technologically advanced health care infrastructure, presence of key players, adoption of new techniques, better reimbursement policies, and relatively higher healthcare expenditure in research and development, thus proliferates the industry growth in the region.

    COVID-19 Impact on Global Tissue Glue and Bio-adhesive Sealants Market

    The COVID-19 pandemic has negatively affected the Tissue glue and bio-adhesive sealants industry. Government bodies across the globe are focusing to curb the COVID-19 with important measures, such as nationwide lockdowns, social distancing, and large-scale quarantine to prevent the spread of the coronavirus. During the COVID-19 pandemic, elective operating services and surgical procedures were restricted and appointments were either canceled or postponed, thus affecting the surgery industry, which in turn, affected the market growth.

    Critical Questions Answered in the Report

    • What are the key trends in the global tissue glue and bio-adhesive sealants market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
    • What is the impact of COVID-19 on the global tissue glue and bio-adhesive sealants market?
    • What are the key strategies adopted by the major vendors to lead in the global tissue glue and bio-adhesive sealants market?
    • What is the market share of the top vendors?

    To know about the assumptions related to the report, Request for Free Sample here.

    Target Audience

    Here is the list of the group of customers that the Tissue Glue and Bio-adhesive Sealant’s market hopes to have the greatest opportunity to convert-

    • Tissue glue and bio-adhesive sealants companies
    • Tissue glue and bio-adhesive sealants vendors
    • Hospitals
    • Biotech & pharma companies
    • R&D organizations

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The tissue glue and bio-adhesive sealants market size is expected to reach USD 2.68 billion in the foreseeable future.

    Cryolife, Inc. (The U.S), Baxter International Inc. (The U.S), Luna Innovations Incorporated (The U.S), B. Braun Melsungen AG (Germany), Johnson and Johnson (The U.S), Dentsply Sirona Inc. (The U.S), Cohera Medical, Inc. (Slovenia), Chemence Medical, Inc. (The U.S), Tissuemed Ltd. (UK) and C.R. Bard Inc. (The U.S) are among the key players in the tissue glue and bio-adhesive sealants market.

    The tissue glue and bio-adhesive sealants market is expected to witness an impressive growth of 8.2% CAGR in the foreseeable future.

    North America garnered the highest share in the tissue glue and bio-adhesive sealants market in 2020.

    The hospitals segment is projected to grow at a healthy CAGR in the tissue glue and bio-adhesive sealants market during the forecast timeline.

    Growing orthopedic and cardiovascular procedures across the globe, rising purchasing power along with the ease of access to new surgical sealants among various applications Expanding the number of surgical procedures, increasing chronic diseases, rising geriatric population, and increasing concern for blood loss during surgeries are the factors driving the growth of tissue glue and bio-adhesive sealants market.

    Tissue glue and bio-adhesive sealants companies, Tissue glue and bio-adhesive sealants vendors, Hospitals, Biotech & pharma companies, R&D organizations are the target audience in the tissue glue and bio-adhesive sealants market.

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