Friday, 28 February 2020

Adhesion Barrier Market – Analysis and Forecast To 2024 | C. R. Bard, Inc., FzioMed, Inc., Sanofi.

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Adhesion barrier is used to reduce the risk of internal adhesion formulation after the surgery. The global adhesion barrier market is growing at a significant rate, due to expanding geriatric population and surge in a number of surgeries. Different product contributed to the adhesion barrier market size. The market has witnessed high demand for synthetic adhesion barrier in the coming years due to its benefits such as bioabsorbable properties and cost-effectiveness, a huge amount of commercially accessible synthetic adhesion barriers and greater consumption of adhesion barrier by surgeons in several surgeries.

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Disinclination regarding the usage of adhesion barriers amongst surgeons and strict regulations resultant in inadequate technological innovations are the major challenges for the growth of the adhesion barrier market.

Globally, the manufacturing companies trying to enter the adhesion barrier industry are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.

Asia-Pacific is observed to witness the fastest growth in the market, due to mounting healthcare expenditure. In addition, a mounting number of surgeries, and escalating medical tourism are also creating a positive impact on the adhesion barrier market growth in the region.

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Key players in the adhesion barrier industry are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In October 2018, FzioMed, Inc. launched Oxiplex/IU in the European Union for intrauterine surgery to improve surgical outcomes by decreasing post-surgical adhesions. Johnson & Johnson, C. R. Bard, Inc., FzioMed, Inc., Sanofi, Anika Therapeutics, Baxter International, Inc., MAST Biosurgery, Integra LifeSciences Holdings Corporation, Getinge Group, and Betatech Medical are the key players offering adhesion barrier.

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