The Business Research Company’s latest report Surgical Sealants And Adhesives Global Market Report 2020 covers Surgical Sealants And Adhesives market drivers, Surgical Sealants And Adhesives market trends, Surgical Sealants And Adhesives market segments, Surgical Sealants And Adhesives market growth rate, Surgical Sealants And Adhesives market major players, and Surgical Sealants And Adhesives market size. The report provides in-depth analysis of the impact of COVID-19 on the Surgical Sealants And Adhesives industry, along with revised market numbers due to the effects of the coronavirus.
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Surgical Sealants And Adhesives Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global surgical sealants and adhesives market is expected to decline from $2.21 billion in 2019 to $1.33 billion in 2020 at a compound annual growth rate (CAGR) of -39.8%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing. The treatment for patients suffering from COVID-19 has taken precedence as a result of which numerous non-essential surgeries have been cancelled or postponed, decreasing the demand for surgical sealants and adhesives. The market is then expected to recover and reach $2.81 billion in 2023 at a CAGR of 28.3%.
The report covers the Surgical Sealants And Adhesives market’s segments-
1) By Product: Biological Sealants, Synthetic Sealants, Semi-Synthetic Sealants.
2) By Indication: Tissue Sealing, Tissue Engineering, Hemostasis.
3) By End Use: Hospitals, Clinics, Others.
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