Rising healthcare expenditure, surging number of surgical procedures and burn cases, growing geriatric population and increasing incidence of road accidents are driving the growth of the global surgical glue industry.

In terms of type, the surgical glue market includes fibrin sealant, cyanoacrylate, collagen-based compound, glutaraldehyde glue, hydrogel and others. Fibrin sealant held the largest share in the global market during the historical period and is estimated to contribute more than 50% share to the market in 2017. Fibrin sealant acts as a hemostatic agent that facilitates tissue sealing and wound healing in minor surgical incisions, wounds, and cuts. The sealant finds application in general, neurological, cardiovascular, urological, gynecological, eye, and other surgeries.

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In terms of application, the surgical glue market includes cardiac surgery, pulmonary surgery, vascular surgery, liver and spleen lacerations, orthopedic surgery, burn bleeding, plastic surgery, wound management, neurosurgery, general surgery and others. Cardiac surgery was the largest application area of surgical glue during the historical period and is estimated to account for more than 25% share in the global market in 2017. The rising prevalence of cardiac-related diseases, globally, is contributing to the increasing usage of surgical glue in cardiac surgeries.

In terms of end-users the surgical glue market includes hospitals, clinics and others. Hospitals held the largest share in the global surgical glue industry during the historical period and is estimated to account for more than 85% share in the market in 2017. This can be attributed to complex major surgeries, such as cardiac, pulmonary, and vascular surgeries, which are generally performed in hospitals owing to the need for admitting and keeping the patient under medical supervision for several days. Clinics, ASCs, and PCPs, on the other hand, handle cases for minor wounds, burns, and other small accidents requiring single-day treatment.

The surgical glue market is expected to witness the highest growth in APAC, with a CAGR of 11.6% during the forecast period, attributed to growing geriatric population, rising incidence of road accidents and burns cases, and increasing per capita income in the region. Also, the region is estimated to hold a share of more than 20.0% in the market by 2023, to become the second largest regional surgical glue market after North America.

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Rising health awareness and high prevalence of diseases (such as skin diseases, cancer, heart diseases, and respiratory diseases) have increased the possibilities of surgeries in various economies. According to the World Bank, in 2015, the number of surgical procedures per 100,000 people in Brazil was 13,940. Similarly, the number of surgical procedures per 100,000 people was 2,732 in China in 2012 and was 1,303 in Mexico in 2015. Therefore, improvement in healthcare facilities in developed and emerging economies is projected to contribute to the surgical glue market growth in the upcoming years.

Some of the major players operating in the global surgical glue market are advanced medical solutions group plc, b. Braun melsungen ag, baxter international inc., c. R. Bard inc., cardinal health inc., cohera medical inc., cryolife inc., integra lifesciences holdings corporation, johnson & johnson, medtronic plc, and takeda pharmaceutical company limited.

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