The fastest growth in the sales of surgical sealants over the next decade will be in the Asia-Pacific region, driven primarily by very strong healthcare market growth in China, and reaching a CAGR (2016-2022) of at least 13.97%. The growth rate in China would be even higher, but will be dampened for the time being by the lack of surgeons trained in the proper use of these products, as well as the limitations of reaching a dispersed patient population. Nonetheless, the A/P share of the global sealants market will double in the next seven years!
Below illustrates the geographic distribution of surgical sealants (fibrin and others) in 2015.
Regional Markets for Sealants, Fibrin and Other Sealant Products,
2015 & 2022, USD Millions
Source: MedMarket Diligence, LLC; Report #S290.
Report #S290 may be purchased online for PDF download or print delivery; in single, site, or global licenses.