Global Surgical Glue Market Poised for Significant Growth

The Global Surgical Glue Market is experiencing substantial growth, driven by advancements in medical procedures and a rising preference for minimally invasive surgeries. Valued at approximately $6.84 billion in 2023, the market is projected to reach $13.16 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period.

Competitive Landscape

The surgical glue market is characterized by the presence of several key players striving to enhance their market share through strategic initiatives. Major companies such as Baxter, B. Braun Melsungen AG, Cardinal Health, and CryoLife, Inc. are actively involved in product development, mergers, and acquisitions to strengthen their positions in the market.

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Regional Demand Highlights

North America currently holds the largest market share in the surgical glue industry, attributed to advanced healthcare infrastructure and a high volume of surgical procedures. However, the Asia Pacific region is anticipated to exhibit the highest CAGR during the forecast period, driven by increasing healthcare investments and a growing population requiring medical interventionsThe Asia Pacific region presents significant growth opportunities for the surgical glue market, driven by increasing healthcare expenditures and the adoption of advanced medical technologies. Countries like China and India are experiencing a surge in surgical procedures, creating a robust demand for effective surgical adhesives. Local manufacturers are collaborating with global players to introduce innovative products tailored to the region's specific medical needs.

 Segmentation Analysis

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)

The market for surgical glue is divided into segments such as clinics and hospitals. In terms of revenue, the hospital segment accounted for the majority of the market in 2023. This is mostly because of the rise in procedures carried out globally as a result of the aging population and the occurrence of several illnesses.

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 Key Market Participants:

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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