Global Adhesion Barrier Market to grow at a CAGR of 5.54% through 2028
Improvements
in Healthcare Infrastructure and initiatives taken by the government are the
major drivers for the Global Adhesion Barrier Market.
According
to TechSci Research report, “Global Adhesion Barrier Market Industry Size,
Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, the Global Adhesion Barrier Market stood at USD 724.89
Million and is anticipated to register a CAGR of 5.54%during the forecast
period. This can be ascribed to collaborations and partnerships among leading
companies with a diverse approach to merge the expertise of individual
companies and to strengthen their position in the market.
In
the early days of the pandemic, surgical procedures were affected by the
pandemic and there were specific guidelines for each specialty that surgeons
implemented and followed to ensure continued safe and effective treatment of
patients during the pandemic. According to data published by BHF (British Heart
Foundation) in December 2021, it is estimated that 32,938 heart operations and
other procedures were carried out in England in the month of October 2021.
Since adhesion barriers are utilized post-surgery, the growing number of
operations and surgeries necessitates the use of adhesion barriers to minimize
scarring.
Adhesion barriers are specifically designed to prevent or minimize
post-operative complications caused by adhesions, which are bands of scar
tissue that can form between tissues and organs after surgery. Complications
arising from adhesions can result in additional surgeries, extended hospital
stays, and increased healthcare costs. The use of adhesion barriers can help
lower the economic burden on healthcare systems by preventing costly
complications. Adhesion barriers contribute to faster recovery times and
reduced hospital stays by decreasing the likelihood of complications that might
require prolonged medical care. The risk of reoperation due to complications
related to adhesions is reduced when adhesion barriers are used. This not only
benefits patients but also saves healthcare resources.
Surgeons are more likely
to use adhesion barriers in their procedures if they believe it will lead to
better patient outcomes and fewer complications. This confidence drives the
demand for these products. Adhesions are a common cause of post-operative
complications, and adhesion barriers address this specific issue. As the
medical field seeks solutions to improve patient outcomes, adhesion barriers
have become a critical component in surgical planning.
As the demand for
effective adhesion prevention solutions grows, more manufacturers and companies
enter the market to develop and offer their own adhesion barrier products. Intense
competition can lead to price competition, potentially driving down product
prices and impacting profit margins. Companies need to differentiate their
products from competitors to stand out in the market. Innovations in materials,
technology, and features become important for maintaining a competitive edge. As
more adhesion barrier products enter the market, there is a risk of reaching
market saturation. This occurs when there are numerous products with similar
features and benefits, making it challenging to capture new market segments or
expand market share. With a crowded market, educating healthcare professionals
about the differences between products and their benefits becomes more
challenging.
Raising awareness about the importance of adhesion prevention and
the advantages of certain products requires strategic efforts. Regulatory
agencies, such as the U.S. Food and Drug Administration (FDA) in the United
States and their counterparts in other countries, have strict requirements for
medical devices, including adhesion barriers. Obtaining regulatory approvals
involves demonstrating that the product meets rigorous safety and quality
standards. This helps ensure that adhesion barriers are safe for patients and
perform as intended. Regulatory approvals provide healthcare professionals with
confidence in the safety and efficacy of adhesion barrier products. Physicians
and surgeons are more likely to use products that have been rigorously tested,
approved, and deemed suitable for patient care. Many healthcare systems and
insurance providers require that medical products have proper regulatory
approvals to be eligible for reimbursement.
Adhesion barriers with approvals
are more likely to be covered by insurance, making them more accessible to patients.
Regulatory approvals often involve the submission of clinical trial data and
evidence demonstrating the product's safety and effectiveness. This
evidence-based approach reinforces the value of adhesion barriers in preventing
complications. Regulatory guidelines provide a framework for designing and
developing adhesion barrier products. Manufacturers can follow these guidelines
to ensure that their products are designed with patient safety and efficacy in
mind.
However,
Limited Access to Advanced Care and Data Management and Integration are expected
to slow down the growth of the market in the coming years.
Browse over XX market
data Figures and spread through XX Pages
and an in-depth TOC on " Global Adhesion Barrier Market.”
The
Global Adhesion Barrier Market segmentation is
based on Product, Formulation, Application, By Company, and Region.
Some
of the major companies operating in the Global Adhesion Barrier Market include:
- Vendor
Landscape
- Medtronic Plc
- Johnson &
Johnson SA
- Sanofi SA
- Baxter
International Inc.,
- Becton
Dickinson and Company
- Integra
LifeSciences Holdings Corporation
- Atrium
Medical Corporation
- FzioMed Inc.
- Mast
Biosurgery AG
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“Certain
areas, particularly in North America, are projected to exert significant demand
for adhesion barrier. The growth in the competitive landscape and the presence
of well-established companies in the market, committed to enhance the overall
wellbeing of people each year, are expected to contribute to a remarkable
growth of the Global Adhesion Barrier Market in the forecast period," said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
Global management consulting firm.
Adhesion Barrier Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028
Segmented by Product (Synthetic Adhesion Barriers (Hyaluronic acid, Regenerated
cellulose, Polyethylene glycol, others), Natural Adhesion Barrier (Collagen
& Protein, Fibrin )), by Formulation (Film/Mesh, Gel, Liquid), by
Application (Gynecological surgeries, Abdominal general surgeries, Orthopedic
surgeries, Cardiovascular surgeries, Neurological surgeries, Urological
surgeries, others), and By Region, Competition has
evaluated the future growth potential of Global Adhesion Barrier Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide innovative market intelligence and
help decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Adhesion Barrier Market.
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