Tissue Adhesive Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2023
“The factors that are playing a major role in the growth of
the market are the rising need to control blood loss in
patients, growing number of surgical procedures, the
rising use of enhanced technology, and a growing geriatric
population.”
Global tissue adhesive market is expected to grow at a significant CAGR of 9.7% in the upcoming period as the
scope and its applications are rising enormously across the globe. Tissue adhesive is an artificial and natural
compound that is used instead of stitches or staples to seal wounds. The exclusively used tissue adhesive in GI
endoscopy comprises thrombin, cyanoacrylates, and fibrin glues.
The factors that are playing a major role in the growth of the market are the rising need to control blood loss in
patients, growing number of surgical procedures, the rising use of enhanced technology, and a growing geriatric
population. However, the presence of alternatives and the high cost of products may restrain overall market
growth in the years to come. Tissue adhesive market is segmented based on type, end-user, application, and
region.
2-Octyl Cyanoacrylate, Ethyl 2-Cyanopropenoate, and n-Butyl-2-cyanoacrylate are the types that could be
explored in tissue adhesive in the forecast period. Specialty clinics, hospitals, and other end-users could be
explored in tissue adhesive in the forecast period. Hospitals sector accounted for the substantial market share
of tissue adhesive and is estimated to continue its dominance in the years to come.
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The market may be categorized based on applications like general surgeries, cardiovascular surgeries, cosmetic
surgeries, laparoscopic surgeries, burns and skin grafting, and others could be explored in the forecast period.