Overcoming Regulatory Hurdles in the Adhesion Barrier Market
The adhesion barriers market is valued at an estimated USD 529 million in
2020 and is projected to reach USD 769 million by 2025, at a CAGR of 7.8% (2020
– 2025). The report studies the market scenario and its growth prospects during
the forecast period. In addition, the report includes a detailed analysis of
the leading competitors functioning in this market. In order to calculate the
market size, the report considers the sales, value, volume, and exclude new
installations, replacement, spares, shipments, aftermarket sales, retrofit, and
services market.
The market research report on the Adhesion
Barrier industry analyzes the overall estimates of all the segments and
sub-segments of the market, on a global and regional scale. The report presents
the historical data for the time period 2018-2020, revenue estimates from 2015-2020,
and forecasts from 2020 till 2025. The report presents a detailed analysis of
the market trends, market dynamics, leading competitors, technological
innovations and inventions, key developments, lucrative opportunities, and
future strategies. The market size is calculated on the basis of the financials
generated through sales from the mentioned segments and sub-segments in this
research study. The overall market has been analyzed using the top-down and
bottom-up approaches for data validation and accuracy measures.
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The increasing volume of surgeries and
sports-related injuries, rising geriatric population, and the increasing
awareness about adhesion formation and adhesion-related diseases are the major
factors driving the growth of this market. On the other hand, the reluctance
towards the usage of adhesion barriers amongst surgeons is expected to restrain
the growth of this market during the forecast period. However, currently, due
to the COVID-19 pandemic, this market is witnessing a slight dip in its growth
rate as a result of the decrease in the number of surgical procedures performed
to safeguard patients. The dip in surgical interventions is uneven, as
different countries were affected by the virus at different points of time in
the year. This has resulted in variations in the normal operation of healthcare
facilities, such as hospitals and surgical centers. The normalization of the
global economy will slowly increase the surgical procedures kept on hold. This
will, in turn, lead to a growth in the demand for biosurgery products such as
adhesion barrier products from the last quarter of 2020 across North America
and Europe, and from the first quarter of 2021 across the rest of the world
The research report categorizes the adhesion
barrier market into the following segments and subsegments:
By Type
·
Synthetic
Adhesion Barriers
o Hyaluronic Acid
o Regenerated Cellulose
o Polyethylene Glycol
o Other Synthetic Adhesion Barrers
·
Natural
Adhesion Barriers
o Collagen & Protein
o Fibrin
By Delivery Mode
·
Film
Formulations
·
Gel
Formulations
·
Liquid
Formulations
By Application
·
Gynecological
Surgeries
·
General/Abdominal
Surgeries
·
Orthopedic
Surgeries
·
Cardiovascular
Surgeries
·
Neurological
Surgeries
·
Urological
Surgeries
·
Reconstructive
Surgeries
·
Other
Surgeries**
·
**Other
surgeries include ear, nose, throat, and burn surgeries
By Region
·
North
America
o US
o Canada
·
Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe (RoE)
·
Asia
Pacific
o Japan
o China
o India
o Rest of Asia Pacific (RoAPAC)
·
Latin
America
o Brazil
o Mexico
o Rest of Latin America (RoLATAM)
·
Middle
East
·
Africa
The Global Adhesion Barrier Market is defined
by the presence of some of the leading competitors operating in the market,
including the well-established players and new entrants, and the suppliers,
vendors, and distributors. The key players are continuously focusing on
expanding their geographic reach and broadening their customer base, in order
to expand their product portfolio and come up with new advancements. The report
also analyzes the development proposals and the feasibility of new investments.
This report has been collated in order to provide guidance and direction to the
companies and individuals interested in buying this research report.
Johnson & Johnson (US), Baxter
International (US), Becton, Dickinson, and Company (US), Integra LifeSciences
(US), Anika Therapeutics (US), Atrium Medical Corporation (US), FzioMed (US),
MAST Biosurgery (Switzerland), Innocoll Holdings (Ireland), Betatech Medical
(Turkey), CorMatrix Cardiovascular, Inc. (US), Terumo Corporation (Japan),
BiosCompass (US), WL Gore & Associates (US), Allosource (US) (Total 15
companies and 5 other companies undergoing clinical trials)
Frequently Asked Questions (FAQ):
Q.1 What are the products considered out of
scope for this study?
Ans. The study excludes the use of other
procedures and products for preventing adhesions, such as surgical procedures,
antiadhesive agents, drugs, and physical therapies.Additionally, the study also
excludes the market for products that have not been approved for adhesion
prevention and are used off-label.
Q.2 How was the final market size arrived at
for the adhesion barrier market?
The total size of the adhesion barrier market
was arrived at after data triangulation from different approaches, including
revenue share analysis, demand side analysis, and through secondary research.
After the completion of each approach, the weighted average of the three
approaches was taken on the basis of the level of assumptions used in each
approach.
Q.3 What were some of the companies that were
approached to validate the study?
To validate our final data findings and
assumptions considered for the study, we approached primaries from both supply
and demand side of this market. Some of the top companies approached from the
supply side included W.L Gore & Associates, Sanofi Genzyme, Biom’up, amongst
others. On demand side, various surgeons across different surgical areas were
approached to understand the market dynamics. Additionally, independent
consultants were also approached to validate the final market numbers.
Q.4 Name some of the industry trends affecting
the adhesion barrier market?
With the increasing number of minimally
invasive surgeries, there is a growing demand for advanced biosurgical
products. Minimally invasive surgeries, such as laparoscopic procedures, have
been associated with minimum adhesions. The traditional forms of adhesion
barriers, such as films, are not suitable for such surgeries, as they require
larger incisions in order to be inserted. Hence, adhesion barrier gels are
being researched for laparoscopic surgeries.
Q.5 How is COVID-19 affectingthe dynamics of
the adhesion barrier market?
Medical products such as adhesion barriers,
which are considered as a part of the biosurgery field, are expected to show a
small decline in revenues in the years 2020 and 2021 due to the pandemic.
Additionally, the lockdown measures imposed globally have disrupted the supply
of raw materials in order to manufacture these products. Another factor that
has impacted on the market is the slight delay in clinical trials assessments,
which could further delay the launch of newer products in the market.
However, these factors have impacted the
market only on a short-term basis. Post the COVID-19 scenario, awareness on the
use of adhesion barrier products to avoid adhesion-related complications (such
as infertility) will continue to aid in the increase in the adoption of such
products during the forecast period.
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https://www.marketsandmarkets.com/ResearchInsight/adhesion-barrier-market.asp
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