Global Adhesion Barrier Market Size, Industry Trends Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Adhesion Barrier Market


The global Adhesion Barrier market size is projected to reach US$ 1116.76 million by 2026, from US$ 739.99 million in 2020, at a CAGR of 7.1% during 2021-2026. Growing geriatric population, along with rising number of surgeries and sports-related injuries, is anticipated to drive the market. Rising cases of chronic diseases, such as cancer and neurological, gynecological, ophthalmic, and dental disorders, are also projected to contribute toward the market demand.

The treatment of these diseases requires surgical procedures, and microsurgery in certain cases, which is boosting the demand for adhesion barriers. For instance, the prevalence of cancer is rising, as per the statistics published by the World Health Organization (WHO). Approximately 8.2 million die each year from cancer, which accounts for 13.0% deaths worldwide.

It is also anticipated that there will be a 70.0% increase in the disease occurrence over the next couple of decades and over 100 types of cancer exist, which require unique therapy. In addition, as per the data published by WHO, currently over 50 million people suffer from epileptic seizures. It is estimated that 2.4 million people of the global population will be diagnosed with epilepsy every year.

Along with these disorders, increasing incidences of paralysis and spinal injuries are also contributing toward the market growth. According to a report published by Christopher & Dana Reeve Foundation Paralysis Resource Center in 2012, the leading causes for the increasing occurrence of paralysis include stroke (29.0%), spinal cord injury (23.0%), and multiple sclerosis (17.0%).

Thus, rising cases of neurological disorders is also supporting the growth of this market. Along with the above-mentioned disorders, adhesion barriers have critical applications in ENT, ophthalmic, and gynecologic disorders. Such conditions require surgeries, which is anticipated to augment the market demand in the coming years.

Market Segmentation, Outlook & Viewpoint: Global Adhesion Barrier Market

Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2026)

Synthetic

  
Hyaluronic acid
  
Regenerated cellulose
  
Polyethylene glycol
  
Others

Natural

  
Collagen & Protein
  
Fibrin

Formulation Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2026)

  
Film/Mesh
  
Gel
  
Liquid

Application Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2026)

  
Gynecological Surgeries
  
Abdominal General Surgeries
  
Orthopedic Surgeries
  
Cardiovascular Surgeries
  
Neurological Surgeries
  
Urological Surgeries
  
Others

Key Players, Recent Developments & Regional Insights: Global Adhesion Barrier Market

On the basis of product, the market is segmented into synthetic and natural adhesion barrier. The synthetic adhesion barriers segment was the largest segment in 2017, accounting for over 50.0% of the market in 2017. This market share may be attributed to the cost-effectiveness of synthetic adhesion barrier as compared to the natural adhesion barrier.

Synthetic adhesion barrier market has been further segmented into hyaluronic acid, regenerated cellulose, polyethylene glycol, and others. Polyethylene glycol based adhesion barrier is anticipated to witness the fastest growth over the forecast period owing to its properties of absorbability and biocompatibility. The most commonly used polyethylene glycol based adhesion barriers are SprayGel and SprayShield, manufactured by Medtronic. It is, generally, used in the post-operative gynecologic and general surgery procedures.

Application Insights

On the basis of application, the market is segmented into gynecological surgeries, abdominal general surgeries, orthopedic surgeries, cardiovascular surgeries, neurological surgeries, urological surgeries, and others. The cardiovascular surgeries segment is anticipated to witness the fastest growth over the forecast period. This is mainly due to the rising geriatric population base and changing lifestyle leading to the rising prevalence of cardiovascular diseases (CVDs).

Formulation Insights

On the basis of formulation, the market has been segmented into film/mesh, gel, and liquid. In 2017, the film/mesh formulated adhesion barrier led the industry and held around 44.0% of the global share. This market share may be attributed to the ease of use of mesh adhesion barriers in post-operative procedures.

The gel formulated adhesion barrier is anticipated to witness fastest growth with a CAGR of 7.5%, over the forecast period. Adhesion barrier gels are composed of polyethylene oxide and sodium carboxy methylcellulose, with protective activity. It prevents the formation of post-surgical intrauterine adhesions. DYNAVISC, Betamix, and Oxiplex/AP are some of the commonly used adhesion barrier gels.

Regional Insights

In terms of region, North America led the market in 2017 and is anticipated to witness the same trend over the foreseeable future. This growth can be attributed to the presence of a large number key companies in the North America region. Moreover, rising demand for technologically advanced healthcare facilities is also boosting the regions growth. Increasing population and cases of CVDs in Asia Pacific is expected to drive the regional market.

Developing countries such as China, India, and Japan are anticipated to offer the maximum growth opportunities for the Asia Pacific regional market. Rapidly growing medical tourism industry in these countries will fuel the demand for adhesion barriers in this region. For instance, as per a report on the Export Health Services by the Directorate-General of Commercial Intelligence and Statistics of India, in 2015-2016, India had 58,300 medical tourists on medical visas.

Adhesion Barrier Market Share Insights

Some of the key companies in the global market are Johnson & Johnson; Sanofi S.A.; Baxter International, Inc.; Becton, Dickinson and Company; Integra LifeSciences Holdings Corporation; Anika Therapeutics, Inc.; Atrium Medical Corporation (A Part of Getinge Group); FzioMed, Inc.; MAST Biosurgery, Inc.; and Innocoll Holdings PLC. New product launch, partnerships, and M&A activities are the major strategies adopted by most of these market players to increase their market share.

For instance, in December 2017, Becton Dickinson and Company completed the acquisition of C.R. Bard. According to the former company, this acquisition helped strengthen their product portfolio.

Key Insights Covered: Global Adhesion Barrier Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Adhesion Barrier industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Adhesion Barrier industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Adhesion Barrier industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Adhesion Barrier industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Adhesion Barrier industry.

Research Methodology: Global Adhesion Barrier Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other