The tissue sealants market valued at $1.8 billion in 2022 is forecast to reach $2.4 billion by 2030 at a compound annual growth rate (CAGR) of 3.1%. Demand for tissue sealants and adhesives used in surgical procedures for trauma and burn cases is driving market growth according to GlobalData, a leading data and analytics company.
Tissue sealants and adhesives include synthetic and non-synthetic tissue sealants which help to seal the wound area without limiting the tissue movement and function, allowing the wound to heal properly, and preventing microbial infections. Tissue adhesives consist of polymers that form a thin protective film and create a strong adherent bond to hold the edges of wounds on the skin, however tissue sealants are used to seal tissue and prevent leaks (blood, Cerebrospinal Fluid (CSF), air, bile).
GlobalData’s latest report, ‘Tissue Sealants and Adhesives Market Size and Forecast, 2015-2030’, reveals that synthetic tissue sealants are the fastest growing subsegment by value with a CAGR of 5.32%. Sustaining this growth may be a challenge because the average selling price (ASP) of synthetic tissue sealants is more than double the price of a non-synthetic tissue sealant. However, there is an increased interest in synthetic materials since it allows for both the right balance of elasticity and adhesion to ensure a closure can stretch and contort along with movement, ensuring wound closure. Current non-synthetic materials usually favour one or the other.
Cynthia Stinchcombe, Medical Devices Analyst at GlobalData, comments: “With continued cost pressures on medical providers, the ASP of synthetic sealants will need to come down for the product to remain competitive against alternative mechanical wound closure devices (like sutures and staples) which are much cheaper and still preferred by many healthcare practitioners. The ASPs of all tissue sealants are expected to decrease, possibly due to burn cases being more prevalent in low- and middle-income countries.”
Globally, burns are a serious public health problem. An estimated *180 000 deaths occur each year from fires alone, with more deaths from scalds, electrical burns, and other forms of burns. Over 96% of fatal fire-related burns occur in low- and middle-income countries. In the United States, injuries in the home cause more than **30,000 deaths, **12 million nonfatal injuries and they generate an estimated **$222 billion in lifetime costs annually.
Stinchcombe, adds: “For low- and middle- income countries, tissue sealants and adhesives have the potential to help address the increased prevalence of injury since they are easier to use and have shown reduced rates of infection post-op. This makes them more accessible to physicians with less training and individuals with reduced access to medicine.”
‘*’ source: WHO Fact Sheet: Burns
‘**’ source: ANNUAL REVIEWS Unintentional Home Injuries Across the Life Span : Problems and Solutions
