SURGICAL GLUES MARKET ANALYSIS

Regional Analysis

On the basis of regions, the global surgical glues market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global surgical glues market, owing to the rising demand of surgical glues essentially tissue friendly glue. For instance, according to the TMC Innovation Institute, in 2017 around 50 million surgeries and around 30 million accidents occur annually in the U.S., which need some form of wound closure. Conventionally, wounds were closed using either suturing, stapling or cauterization. However, critical challenges were associated with it such as post-surgery leakage out of suture and staple lines. Furthermore, Asia Pacific is expected to be the fastest growing region in the global surgical glue market. This is mainly due to growing development of clinical specialty, application specific product formulation, and all-purpose products that provide faster sealing, hemostasis or closure for general wound applications in internal and external use.