The development of bio active wound care sealant and adherence products such as fibrin sealants and collagen dressings are expected to drive the wound care sealants market. Owing to the fact that advanced wound sealant agents such as these are proving to be ideally suited to expedite post surgery wound healing process and lower the risk of complications such as hematomas, fluid accumulation, swelling and hospital acquired infections, their rapid development and clinical usage approval is expected to have a positive effect on the demand of advanced wound care products in the market. Furthermore, due to the lack of market penetration of wound care products in the Asia Pacific combined with the increasing global awareness of developing healthcare technologies, it is expected that the region will experience a significant growth during the forecast period.
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There has been extensive use of fibrin sealant or fibrin based glue as a state of the art surgical adhesive and hemostatic material to form fibrin clots using a combination of thrombin, calcium, fibrinogen and factor XIII in post surgical situations in European regions for over a decade. Moreover, the FDA approval for these sealants to be used as hemostat, sealant and adhesive in the USA is expected to open a range of opportunities in the market and drive its growth at a considerable rate throughout the forecast period.
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Key market players of wound care sealants market are Baxter International, Inc., C.R. Bard, Inc., 3m Company, Convatec Healthcare B S.A.R.L., Smith and Nephew, Derma Sciences, Inc., Hollister, Inc., Coloplast A/S, Molnlycke Health Care AB and Ethicon, Inc. (a subsidiary of Johnson and Johnson). Owing to the grants and funds provided by governments, the companies involved in wound care sealants are involved in research and development of novel wound sealant products.
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