IndustryARC, in one of its latest reports, predicted that the collagen-based sealants market size is estimated to reach US$1.9 billion by 2027 after growing at a CAGR of around 6.5% from 2022 to 2027. The collagen sealant is pH stable, highly biocompatible, non-toxic, and easily absorbable. It has major applications in medical adhesives, wound treatment, dental implant treatments, cartilage repairs, and others. The increasing demand of collagen-based sealants and polyethylene glycol agents for post-operation and surgeries is driving the global collagen-based sealants market. The collagen-based sealants market report by IndustryARC covers complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.
Competitive Landscape :
The top 5 players in the Collagen-Based Sealants industry are –
1. Adhesives Research Inc
2. Cohera Medical Inc.
3. HemCon Medical Technologies Inc
4. CryoLife Inc.
5. Baxter International Inc.
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Segmental Analysis :
1. By application, the wound treatment segment held the largest global collagen-based sealants market share and will grow at a CAGR of 6.7% during the forecast period. The demand of collage-based sealants is high for wound treatment applications in hospitals, surgeries, and orthopedic clinics.
2. By end user, the hospital segment held the largest global collagen-based sealants market share and will grow at a CAGR of around 5.9% during the forecast period. The collagen-based sealants have major applications in the hospitals for surgeries, post-operation treatment, dental implants, and others.
3. By geographical analysis, the North America held the largest market share and is expected to grow at 31% in the global collagen-based sealants market during the forecast period. The increasing demand of collagen sealants in this region is influenced by rise in surgical procedures and developed hospital infrastructure, and clinics growth.
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Market Drivers and Challenges:
1. The demand for collagen-based sealants in the dental care sector is rising due to growing applications in dental plugs, implants, bleeding control, and others. The growth of collagen-based sealants owing to its biocompatibility and non-toxicity for dental implants and dentistry end user is offering major growth opportunities for the global collagen-based sealants industry.
2. The collagen-based sealants have major application in the orthopedic sector. It is used in bone graft substitutes, bone regeneration, tendon repair cartilage repair, and others. The increasing application of collagen-based sealants in bone surgeries, grafts, and others is creating drive in the market and offering major growth opportunities in the global collagen-based sealants industry.
3. The growing usage of these biomaterials as an alternative to collagen is restricting the growth opportunities in the global collagen-based sealants industry, thereby leading to slowdown in the market.
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A. Surgical Sealants and Adhesives Market
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