Market Insights

The High Viscosity Tissue Adhesives market is projected to grow from USD xx billion in 2020 to USD xx billion by 2026 at a CAGR of around x% during the forecast period.

Figure: High Viscosity Tissue Adhesives Market Size, 2020-2026 (USD Billion)

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What are tissue adhesives?

Tissue adhesives are defined as liquid monomers which undergo a reaction upon exposure to a moist surface (skin), changing to a polymer that forms a powerful tissue bond. The high viscosity tissue adhesives are referred to as different combinations of cyanoacrylate. The most cyanoacrylate compounds available within the marketplace for high viscosity tissue adhesives include 2-Octyl Cyanoacrylate (2-OCA), n-2-Butyl Cyanoacrylate (n-2BCA) and 2-Ethyl Cyanoacrylate.

Key Players

Key players operating in the High Viscosity Tissue Adhesives market are-

• Pfizer Inc. (US)
• Johnson and Johnson (US)
• Cohera Medical, Inc. (Slovenia)
• B. Braun Corporation (Germany)
• Chemence Medical, Inc. (US)
• Reevax Pharmaceuticals Pvt. Ltd. (India)
• Cardinal Health, Inc. (US)
• CryoLife, Inc. (US)
• Meyer-Haake GmbH Medical Innovations (Germany)
• Vygon Ltd (UK).

Market Dynamics

The growth of the high viscosity tissue adhesives market is primarily driven by the widespread use of high viscosity tissue adhesives in surgeries. Expanding geriatric population and increasing incidences of accidental injuries are expected to propel the market growth at a significant rate during the review period. Additionally, increasing spending on R&D activities to meet the growing demand for new products is likely to create lucrative opportunities for the market players during the review period. However, the growing preference for minimally invasive surgeries is likely to affect the market growth during the review period.

Segments' Analysis

End-User Trends

By end-user, the high viscosity tissue adhesives market has been bifurcated into hospitals, ambulatory surgical centers, and trauma centers. Under these, the hospitals' segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the presence of required healthcare infrastructure and skilled healthcare staff.

Regional Trends

By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the prevalence of chronic accidental injuries, expanding geriatric populace, and presence of key market players such as Pfizer Inc. (US) and Johnson and Johnson (US). The market growth in the Asia-Pacific region is expected to be driven by rising cases of injuries.

COVID-19 Impact on High Viscosity Tissue Adhesives Market

The outbreak of the COVID-19 virus has affected the growth of the healthcare industry significantly. Stringent lockdown measures and restricted movement of people affected the product supply for a short period and thus, affected the market growth.

Critical Questions Answered in the Report

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

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Target Audience

Here is the list of the group of customers that the high viscosity tissue adhesives market hopes to have the greatest opportunity to convert-

• High viscosity tissue adhesives distributors
• High viscosity tissue adhesives suppliers
• High viscosity tissue adhesives manufacturers
• Logistics organizations
• Government bodies

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