This report provides exclusive insights into the COVID-19 impact on the Surgical Glue Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Surgical Glue Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Surgical Glue Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the surgical glue market provides in-depth analysis of segments and sub-segments in
the global as well as regional surgical glue market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional surgical glue market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of the global surgical glue market. According to the report, the global surgical glue
market is projected to grow at a CAGR of 10.4% over the forecast period of
2019-2025.
Market Insight
Surgical glue is a biological or synthetic medical adhesive,
which is used to seal minor or major wounds, surgical cuts or traumatic
injuries. It stops the air to harm the wound, stops fluids, blood loss through
cuts and prevents them immediately. Various types of surgical glue include
cyanoacrylate, hydrogel, collagen-based compound, glutaraldehyde glue, and
fibrin sealant. Generally, Sticky strips are used for minor wounds or cuts
while stitches and staples are used for surgeries, major wounds or cuts. But,
with the use of surgical glue, any kind of wound or surgery cut can be sealed
within minutes. It is a painless solution to prevent blood loss quickly. In
April 2019, Baxter International Inc. announced that its product Floseal had
been provided approval from the FDA. This product is claimed as a next-gen
hemostatic product which helps surgeons to stop bleeding easier and faster. The
company is expecting huge growth in sales after FDA approval.
The wound or cut sealing and preventing blood loss are major
concerns for surgery. Traditional solutions like stitches, staples, etc. are
not only a painful solution but takes time to seal the cut as well. Due to such
reasons, surgical glues are becoming the first choice. It is an effective and
quick solution. And this quality drives the surgical glue market. Patients are
preferring Synthetic and Semi-Synthetic glue instead of stitching or stapling
due to its cost-effectiveness and better adhesion. This is expected to grow the
market. Availability and application of this glue are far easier than other
solutions and even nurses can use it on the patient. This flexibility raises
the demand in the market. An increase in road accidents, cardiovascular
diseases (CVDs) is driving this market. For instance, according to WHO in
December 2018, the number of annual road traffic deaths has reached 1.35
million. Road traffic injuries play a killer role, especially for youths and
deaths, which happen primarily due to major blood loss. For such cases,
surgical glue can play a phenomenal role to stop blood loss and save several
lives. In another instance from WHO, it is observed that Cardiovascular
diseases (CVDs) are the number 1 cause of deaths. Around 17.9 million people
die every year due to cardiovascular diseases (CVDs). In most of the
Cardiovascular diseases (CVDs), surgery is required where blood loss is
expected a lot. But using surgical glue, this can be reduced drastically. The
increasing initiative by the governments and manufacturers in R&D
activities, which in turn enhances the growth of this market. Besides, the
rising aging population is another factor driving the growth of the market.
Additionally, Growth in healthcare infrastructure, as well as spending, propels
the growth of the market. However, the glue becomes allergic to some patients,
which is one the restraints of the market. As it is inserted into wound or cuts
directly which may react with some skin. On the other hand, surgical glue is
categorized as class II by the FDA and class B by the Drugs and Cosmetics Acts
(1940) in India. It makes the glue some risky which requires some clinical
trials and medical proofs to get approval from the FDA and different country
authorities, which is one of the roadblocks for this market. Clinical research
and Moreover, increasing technological advancement of the product by the
manufacturer offers favorable opportunities in the surgical glue market.
Based on the region, North America holds the highest market
share due to the growing investment in the R&D activities of the medical
adhesive as well as for the several applications in different surgeries
performed in the region. On the other hand, Asia Pacific is expected to grow at
the highest CAGR in the forecast period due to the rise in the number of people
suffering from obesity, hypertension, cancer, and other deadly diseases.

Segment Covered
The report on global surgical glue market covers segments such
as product type, application, and end user. On the basis of product type, the
sub-markets include natural, synthetic, and semi-synthetic. On the basis of
application, the sub-markets include cardiovascular surgery, orthopedic
surgeries, general surgery, cosmetic surgery, and other applications. On the
basis of end user, the sub-markets include hospitals, clinics, ambulatory
surgical centers, and other end user.
Companies Profiled:
The report provides profiles of the companies in the market
such as Advanced Medical Solutions Group PLC, Medtronic PLC, Baxter
International Inc, CryoLife Inc., Cohera Medical Inc, Adhesys Medical GmbH,
Arch Therapeutics Inc, Integra LifeSciences Holdings Corporation, Lifebond
Machines Pvt. Ltd., and Braun Medical Inc.
Report Highlights:
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of surgical glue
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.