29 April 2020
Visiongain has launched a new pharma report Adhesion Barrier Market Report 2020-2030: Forecasts by Product (Synthetic Adhesion Barriers, Natural Adhesion Barriers), Formulation (Film/Mesh, Gel, Liquid), Application (Gynecological Surgeries, Abdominal General Surgeries, Orthopedic Surgeries, Orthopedic Surgeries, Neurological Surgeries, Urological Surgeries, Others), and Geography (North America, Latin America, Europe, Asia Pacific, MEA).
The global adhesion barrier market is anticipated to grow at a lucrative CAGR of xyz% and anticipated to reach USD xyz million by 2020. Visiongain anticipates that the global adhesion barrier market is projected to grow on account of the growing incidence of CVDs (Cardio Vascular Diseases) coupled with rising post-surgical adhesions. Further, the growing number of cardiovascular and interventions across the globe fuelling the market growth.
To manage intraoperative bleeding and reduce adhesions, adhesion prevention products are used by surgeons across the globe. The adhesion can occur in any surgery and can lead to post-surgical complications, and thus requires re-surgery to remove the adhesions. It is estimated that in the United States, xyz% of abdominal surgery patients return for adhesion-related complications, and this costs over US $xyz billion annually across the region.
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North America currently dominates the global adhesion barriers market owing to the presence of developed healthcare infrastructure coupled with the presence of major companies such as Baxter, & Johnson and Johnson, across the region. Additionally, the regional market growth is attributed to the growing prevalence of orthopaedic conditions with a high adoption rate of advanced treatment procedures.
However, the Asia Pacific region is anticipated to experience the highest growth in terms of CAGR over the forecast period owing to growing awareness about benefits of adhesion barriers, rising disposable income, and growing healthcare infrastructure across emerging economies of China and India. Additionally, unmet needs of patients and untapped nations in this region have been attracting investments by global players and this is expected to boost the Adhesion Barrier Market growth over the forecast period.
Currently, key players are forming various strategies such as acquisitions, mergers, partnerships, collaborations, and launching new products to strengthen their position in the global market. Companies are also expanding their R&D, distribution, and management facilities to expand their business and to hold a competitive edge in the Adhesion Barrier Market.
For instance, on 2nd December 2019; Baxter International Inc. entered into a definitive agreement to acquire Seprafilm Adhesion Barrier and related assets from Sanofi. Seprafilm has a global presence across the United States, China, France, Japan, and South Korea among other economies. The acquisition is anticipated to widen the product portfolio of Baxter and its reach across numerous countries.
The comprehensive market report features companies such as Anika Therapeutics, Atrium Medical Corporation, Baxter International Inc., Becton Dickinson and Company, FzioMed, Integra LifeSciences Holdings Corporation, Johnson & Johnson, Medtronic Plc, Sanofi, Mast Biosurgery, Getinge Group, C. R. Bard, Innocoll Holdings, Betatech Medical among other prominent players. Also the research study offers market estimation and forecast for the period ranging 2020-2030 for global markets such as North America, Latin America, Europe, Asia Pacific and MEA along with regional sub-markets as U.S., Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Russia, India, Japan, China, Australia, ASEAN, GCC and South Africa.
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