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Global Adhesion Barriers Market is Expected to Grow at a CAGR of 6.8% in the Forecast Period of 2022-2027.

According to a new report by EMR titled, ‘Global Adhesion Barriers Market Report and Forecast 2022-2027’, the global adhesion barriers market size is expected to grow at a CAGR of 6.8% in the forecast period of 2022-2027 to reach USD 1.8 billion by 2026.

The global adhesion barriers market is led by the North America region due to the presence of major key players in the region. In Asian countries like China, India, and Japan, the rapidly increasing medical tourism industry will boost the demand for adhesion barriers. These countries will propel the growth of the market in the Asia Pacific region and provide further impetus for industry growth globally over the forecast period.

In December 2020, Baxter International Inc. (NYSE: BAX), a world leader in medical goods, signed an agreement with Sanofi (NASDAQ: SNY), one of the key players in the industry, to acquire Seprafilm Adhesion Barrier. The partnership is the recent example of Baxter's persistent emphasis on the acquisition of goods and services that closely fit strategically with the company's leadership throughout the hospital, including the operating room.

Market Analysis by Type, Formulation, Applications, and Regions:

  • The types of adhesion barriers are Seprafilm, Gynecare Interceed, Adept, Duragen Plus, MediShield, Oxiplex, SprayShield, 4DryFieldPH, and Hyalobarrier, among others.
  • The formulations in the industry can be segmented into film, gel, and liquid.
  • It finds application in gynaecological surgeries, abdominal general surgeries, orthopaedic surgeries, cardiovascular surgeries, neurological surgeries, and urological surgeries, among others. 
  • The regional markets for adhesion barriers include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • Higher healthcare costs, combined with increased FDA approvals for different products with adhesion barriers, are driving the market growth.
  • The increasing incidence of invasive procedures with a higher risk of complications after surgery is driving the development of the adhesion barriers market.
  • Improving health infrastructure, as well as the growing access to trauma centres is expected to aid the growth of the market.
  • The growing geriatric population and the rising number of surgical procedures are driving the growth of the market further.
  • The rising occurrence of an athletics-related injury is also boosting the market growth.
  • Increased neurological disorders, gynaecologic disorder, ophthalmic disorder, as well as cardiac disorder, have also contributed to the market development.

Key Offerings of the Report:

  • The EMR report gives an overview of the global adhesion barriers market for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the types, formulations, applications, and major regions of adhesion barriers.
  • It assesses the market based on the SWOT and Porter's Five Forces models.

The major key players in the global adhesion barriers market include companies like FzioMed, Inc., Baxter International Inc., Integra LifeSciences Corporation, Anika Therapeutics, Inc., Medical Devices Business Services, Inc., and PlantTec Medical GmbH, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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