The surgical glues market is driven by the increasing demand for surgical procedures globally, particularly in emerging economies. Surgical glues are widely used as an alternative to traditional sutures and staples due to their convenience and ability to provide faster wound closure. Additionally, advancements in technology have led to the development of newer and more effective surgical glues, further driving the market growth. However, the market for surgical glues is also subject to regulatory approvals, and concerns regarding the safety and efficacy of certain types of surgical glues may negatively impact market growth. The market is also expected to experience intense competition due to the presence of several established players, as well as the entry of new players in the market. Overall, the Surgical Glues Market is expected to grow moderately in the coming years, driven by the increasing demand for surgical procedures and advancements in technology.
Top Companies in the Surgical Glues Industry:
1. Advanced Medical Solutions
Advanced Medical Solutions is a British company founded in 1991 and headquartered in Cheshire, United Kingdom. The company specializes in the development and manufacturing of wound care and surgical products, including surgical glues. In June 2021, Advanced Medical Solutions acquired Raleigh, NC-based Sealantis, which is expected to expand the company's surgical sealants and adhesives portfolio.
2. Adhesys Medical
Adhesys Medical is a German company founded in 2013 and headquartered in Munich, Germany. The company develops surgical glues for various applications, including in vascular and gastrointestinal surgeries. In February 2021, Adhesys Medical received approval from the US Food and Drug Administration (FDA) for its surgical adhesive, HEMIGLUE, which is expected to boost the company's market presence in the United States.
3. CryoLife
CryoLife is an American company founded in 1984 and headquartered in Kennesaw, Georgia. The company specializes in medical device and tissue processing technologies for cardiovascular and other surgical applications. In 2018, CryoLife acquired JOTEC, a German medical device company, which expanded the company's product offerings in the field of surgical adhesives and sealants.
4. LifeBond
LifeBond is an Israeli company founded in 2007 and headquartered in Caesarea, Israel. The company develops surgical sealants and adhesives for various surgical applications. In February 2021, LifeBond announced that it has received approval from the European Union for its surgical adhesive, LifeSeal, which is expected to expand the company's market presence in Europe.
5. Covalon Technologies
Covalon Technologies is a Canadian company founded in 2004 and headquartered in Mississauga, Ontario. The company specializes in the development and manufacturing of advanced wound care and surgical products, including surgical glues. In March 2021, Covalon Technologies announced that it has received approval from the US FDA for its surgical adhesive, SurgiClear, which is expected to boost the company's market presence in the United States.
6. Ocular Therapeutix
Ocular Therapeutix is an American company founded in 2006 and headquartered in Bedford, Massachusetts. The company develops and commercializes ophthalmic medical products, including a surgical glue used for ocular surgeries. In October 2020, Ocular Therapeutix announced positive results from a clinical trial evaluating the safety and efficacy of its surgical glue, ReSure Sealant, which is expected to expand the company's market presence in the ophthalmic surgery market.
7. Arch Therapeutics
Arch Therapeutics is an American company founded in 2006 and headquartered in Framingham, Massachusetts. The company develops and commercializes products for the hemostasis and sealant markets, including a surgical glue named AC5. In January 2021, Arch Therapeutics announced that it has completed a pilot clinical study of AC5 for use in skin grafting procedures, which demonstrated safety and efficacy, and is expected to pave the way for further development of the product.
8. Sealantis
Sealantis is an Israeli company founded in 2007 and headquartered in Tel Aviv, Israel. The company develops surgical sealants and adhesives for various surgical applications. In June 2021, Sealantis was acquired by Advanced Medical Solutions, which is expected to enhance the company's market presence and product offerings in the field of surgical adhesives and sealants.
9. Suneris
Suneris is an American company founded in 2011 and headquartered in New York, New York. The company develops surgical sealants and adhesives, including a product named VetiGel, which is used for veterinary surgeries. In October 2020, Suneris announced that it has received approval from the US FDA for VetiGel, which is expected to boost the company's market presence in the veterinary surgery market.
Definition- Surgical glues, also known as tissue adhesives, are medical adhesives used to bond tissue together during surgery, instead of traditional sutures or staples. They are designed to improve wound closure and healing time.
