Tissue and bone adhesives are crucial additions to normal methods of musculoskeletal tissue repair
Tissue Adhesives: Introduction
- Tissue and bone adhesives are crucial additions to normal methods of musculoskeletal tissue repair
- Advancements in techniques and growth of adhesives, which are useful in orthopedic surgery, drive the global tissue adhesive market. Competition between vendors and key players to develop innovative products along with development of antimicrobial tissue glues is anticipated to also drive the global tissue adhesive market.
- Companies and vendors are concentrating on technological advancements to capture market share. For instance, Cryolife’s Tissue Glue skin adhesive, Ethicon, Inc.’s Topical Skin Adhesive, and Baxter’s CoSeal are considered to be breakthrough products.
- Companies strive to develop new innovative products in the tissue adhesive market to target consumers in different age groups, from infants to elders
- Presently, surgical sealants are commonly utilized for the protection of sensitive and fragile skin from injuries and to help reduce the chances of infection through cross-contamination and transmission
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Key Drivers of Global Tissue Adhesives Market
- The global tissue adhesives market is driven by a rise in the number of patients suffering from orthopedic and cardiovascular disorders
- Other factors fueling the market are increase in disposable income, easy availability of new products including tissue adhesive, rise in the global geriatric population, and surge in the number of chronic diseases and infections
- However, changes in regulatory scenario in different regions and countries, cost and overall quality of products, and sluggish rate of adoption of new techniques & products in some developing countries are likely to hamper the global tissue adhesives market
Collagen-based Sealants Segment to Dominate Global Market
- In terms of product type, the global tissue adhesives market can be divided into collagen-based sealants, protein-based sealants, fibrin sealants, gelatin-based sealants, thrombin-based sealants, and others
- The collagen-based sealants segment accounted for a notable share of the global market in 2019, as collagen-based sealants are widely accepted. Collagen-based sealants minimize scars and post-operative infections.
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Cosmetic Surgery to be Highly Attractive Segment
- In terms of application, the global tissue adhesives market can be classified into laparoscopic surgeries, general surgeries, reconstructive and hand surgery, cardiovascular surgery, burns & skin grafting, cosmetic surgery and others
- The cosmetic surgery segment is expected to account for a major share of the global tissue adhesive market by 2030 owing to the high usage of tissue adhesives in cosmetic surgeries
Hospitals to be Highly Lucrative Segment
- Based on end-user, the global tissue adhesives market can be categorized into hospitals, clinics, ambulatory surgical centers, and others
- The hospitals segment is anticipated to account for a major share of the global market in the next few years due to an increase in number of surgeries and treatment procedures. Rise in demand for new products in specialty clinics among healthcare professionals and practitioners is expected to further drive the segment.
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North America to Offer Significant Opportunities in Tissue Adhesives Market
- In terms of region, the global tissue adhesives market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America accounted for a major share of the global market in 2019 owing to innovative healthcare solutions, advanced health care infrastructure, presence of key players, and better reimbursement policies in the region. Europe accounted for the second-largest share of the global market in 2019.
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Key Players Operating in Global Tissue Adhesives Market
The global tissue adhesives market is semi-consolidated, with the presence of international and local players. Key players operating in the global tissue adhesives market are:
- Integra LifeSciences Corporation
- Cryolife
- Johnson & Johnson
- Baxter International, Inc.
- Cohera Medical, Inc.
- B. Braun Melsungen AG
- Luna Innovations Incorporated
- Dentsply Sirona Inc.
- Chemence Medical, Inc.
- Tissuemed Ltd.
- C.R. Bard Inc.
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