Key Insights
The global Adhesion Barrier market was valued at USD 793.99 Million in 2020 and is projected to reach USD 2256.33 Million by 2028, growing at a CAGR of 7.02% from 2021 to 2028.
Overview and Description
An adhesion barrier is a medical implant that can be used to reduce abnormal internal scarring following surgery by separating the internal tissues and organs while they heal. Surgeons have realized that proper surgical technique is crucial to reduce adhesion formation.
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COVID-19 Impact Analysis
In 2020, the swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio.
Key Findings:
- The Formulation segment is projected to grow at a CAGR of over 10.45% over the forecast period owing to changing busy lifestyles and ease to use.
- The application segment is anticipated to be the dominating segment for the adhesion barrier market owing to the presence of a large base of the population suffering from Cardiovascular disorders, Neurological disorders, Urological disorders, Others.
- North America is expected to expand at a CAGR of over 10.85% from 2021 to 2028. This surge is attributed to the presence of major players in the region.
- Asia Pacific region is anticipated to grow at the fastest CAGR owing to the presence of a larger base population in countries such as China India among others.
Regional Analysis: Preview
Geographically, the global Adhesion Barrier market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The report covers a thorough segmental analysis for each region comprising of market size and estimations for each segment by region for the years 2016–2028. In addition to that the report analyses the Adhesion Barrier market at the country level hence the regional study is further bifurcated into key country-level markets from each region.
Global Adhesion Barrier Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
Major players in the global Adhesion Barrier market are Atrium Medical Corporation, Anika Therapeutics Inc., MAST Biosurgery AG, Sanofi Group, Baxter International Inc., Integra Lifesciences Corporation, FzioMed Inc., C. R. Bard Inc., Johnson & Johnson, Medtronic Plc.
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