Sealants and adhesives on course to seize the wound closure pie

See the updated, published 2012 Report #S190, “Surgical Sealants, Glues, Sutures, Other Wound Closure and Anti-Adhesion, Worldwide Markets, 2012-2017.”

One of the hallmarks of the market for surgical sealants, glues and adhesives is that these products are steadily gaining greater and greater share of a market — medical and surgical wound closure — that is itself growing at a steady rate.

Barriers to entry to this market are not significant for medical products.  The products are biological, chemical and combinations of both, and may include syringes, dual mixing vials (for product activation) and other delivery devices.  Therefore, there has been a steady stream of market entrants over the past few years, a trend that we expect will continue.

Worldwide Shares of Wound Closure Market by Type, 2010 and 2015


Source: Report #S180

In the 2010 and 2015 breakdown of the “wound closure” market (see side-by-side pie charts), one can consider that fibrin and other sealants plus high strength medical adhesives potentially might target the entire pie, gaining full share of the market that is held by both mechanical closures and staples and sutures.  In reality, sealants and adhesives are unlikely to fully displace use of sutures, staples and other traditional products in wound closure, but may capture a great majority of the caseload.  Furthermore, many closures using sutures, staples and clips procedures that remain may call for the adjunctive use of sealants and adhesives to ensure tighter seal of the wound, hasten tissue healing and provide other benefits.

For more details of this market, see MedMarket Diligence Report #S180: “Worldwide Surgical Sealants, Glues, Wound Closure and Anti-Adhesion Markets, 2008-2015.”

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