Market Size of Surgical Glue Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 2.86 Billion |
Market Size (2029) | USD 4.06 Billion |
CAGR (2024 - 2029) | 7.29 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Surgical Glue Market Analysis
The Surgical Glue Market size is estimated at USD 2.86 billion in 2024, and is expected to reach USD 4.06 billion by 2029, growing at a CAGR of 7.29% during the forecast period (2024-2029).
COVID-19 had a significant impact on the growth of the market due to the reduction of surgeries owing to the strict lockdown imposition by governments across the world. For instance, the NCBI article published in July 2022 mentioned that COVID-19 caused disruption, reduction, and even halt in surgical services worldwide. During this period, the admission rate in surgical clinics decreased due to both the interruption of services and the restriction of patient visits. Such reduction in surgical procedures during intial stages of the pandemic had a notable impact on the demand for surgical dlues, thereby impacting the market growth during the pandemic period. However, the resumption of all the surgical procedures during the post pandemic is expeccted to drive the demand for surgical glue, thereby boosting the market growth over the forecast period.
The factor that contributes to the growth of the global surgical glue market is the rising number of traumatic injuries and surgical wounds.For instance, according to an article in August 2021, Lancet Journal, globally, there were 178 million new fractures, 455 million prevalent cases of acute or long-term symptoms of a fracture, and 258 million years lived with disability (YLDs). Additionally, as per an NCBI article titled published in February 2022, The incidence of SSI is higher in contaminated 17 (43.6%) than in clean-contaminated 12 (30.8%) and clean 10 (25.6%) wounds. Wound swabs were collected in 29 (74.4%) patients, of which 18 (62.1%) had bacterial growth. Therefore, increasing surgical wounds and their growing infections are expected to boost the demand for using surgical glue and thereby driving the market.
Also, in the 2022 data published by the NCRB, the number of traffic accidents in India has increased from 36.9 thousand in 2020 to 42.3 thousand in 2021. Hence, this increasing number of cases of accidents resulted in severe injuries and surgical procedures requiring. Thus, rising prevalence of road injruies is also expected to drive the demand for surgical glue, thereby boosting the market growth over the forecast period.
Therefore, the above-mentioned factors are expected to drive the market growth during the forecast period. However, increasing minimally invasive proecdures and side effects are eexpecetd to impede the growth of the market.
Surgical Glue Industry Segmentation
As per the scope of the report, surgical glues are used to close both major and minor wounds, such as lacerations, incisions made during surgeries, and injuries. It has wide usage in several applications that include cardiovascular, orthopaedic, cosmetic, general surgery, etc. The Surgical Glue Market is Segmented By Product Type (Natural, Synthetic and Semi-Synthetic), By Application (Cardiovascular Surgery, Orthopedic Surgery, General Surgery, Cosmetic Surgery, Pulmonary Surgery, Central Nervous System Surgery, and Other Applications), By End-User (Hospitals, Ambulatory Surgical Centers, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD) for the above segments.
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Cardiovascular Surgery | |
Orthopedic Surgery | |
General Surgery | |
Cosmetic Surgery | |
Pulmonary Surgery | |
Central Nervous System Surgery | |
Other Applications |
By End User | |
Hospitals | |
Ambulatory Surgical Centers | |
Other End Users |
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Surgical Glue Market Size Summary
The surgical glue market is poised for significant growth over the forecast period, driven by an increase in surgical procedures and the rising incidence of traumatic injuries and surgical wounds. The market experienced a temporary setback during the COVID-19 pandemic due to a reduction in surgeries, but the resumption of these procedures is expected to propel demand. The preference for synthetic and semi-synthetic glues, known for their cost-effectiveness and superior adhesion, is contributing to the market's expansion. Traditional wound closure methods, which can be painful and lead to infections, are being increasingly replaced by surgical glues, which offer advantages such as preventing fluid leakage and being safe for use with internal organs and tissues. This shift is further supported by the growing need for both natural and synthetic biomedical adhesives.
Regionally, North America is anticipated to remain the largest and fastest-growing market for surgical glue, fueled by a high number of surgical procedures, road accidents, and chronic diseases necessitating surgery. The region's market growth is also bolstered by increasing product approvals, such as the FDA's clearance of advanced devices like LiquiBand XL. The competitive landscape is marked by the presence of major companies like Adhesys Medical, Advanced Medical Solutions, and Medtronic, which are actively engaging in strategic initiatives to strengthen their market positions. Innovations in wound closure devices, such as the Exofin Precision Pen, are enhancing the versatility and precision of surgical glues, further driving market growth.
Surgical Glue Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Incidences of Road Accidents
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1.2.2 Growing Number of Surgical Procedures
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1.3 Market Restraints
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1.3.1 Increasing Minimally Invasive Procedures
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1.3.2 Side Effects Associated with Surgical Glue
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Natural
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2.1.1.1 Fibrin
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2.1.1.2 Collagen
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2.1.1.3 Gelatin
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2.1.2 Synthetic and Semi Synthetic
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2.1.2.1 Cyanoacrylate
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2.1.2.2 Polymeric Hydrogel
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2.1.2.3 Urethane-based Adhesive
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2.2 By Application
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2.2.1 Cardiovascular Surgery
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2.2.2 Orthopedic Surgery
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2.2.3 General Surgery
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2.2.4 Cosmetic Surgery
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2.2.5 Pulmonary Surgery
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2.2.6 Central Nervous System Surgery
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2.2.7 Other Applications
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2.3 By End User
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2.3.1 Hospitals
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2.3.2 Ambulatory Surgical Centers
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2.3.3 Other End Users
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle-East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle-East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Surgical Glue Market Size FAQs
How big is the Surgical Glue Market?
The Surgical Glue Market size is expected to reach USD 2.86 billion in 2024 and grow at a CAGR of 7.29% to reach USD 4.06 billion by 2029.
What is the current Surgical Glue Market size?
In 2024, the Surgical Glue Market size is expected to reach USD 2.86 billion.