The Global Market for Anti-Adhesion Products is Projected to Reach US$1.4 Billion by 2024
Increasing
Awareness & Efforts to Reduce Post-Surgical Complications to Drive Growth
in the Global Anti-Adhesion Products Market, According to a New Report by Global Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, size, and demand forecasts on the global Anti-Adhesion Products
market. The global market for
Anti-Adhesion Products is projected to reach US$1.4 billion by 2024, driven by increasing
awareness over the availability of innovative anti-Adhesion Products, as well
as the efforts to reduce post-surgical complications arising out of adhesion.
In
the healthcare sector, the term ‘adhesion’ denotes sticky fibrous band of scar
tissue typically formed between organs and tissues when they adhere to each
other following a surgery or any non-surgical trauma. While adhesions may occur
due to non-surgical trauma such as blunt force, infection, endometriosis,
chemotherapy, radiation or cancer, they are however most commonly caused due to
surgery. Over 85% of adhesion cases are a result of post-surgical
complications, with more than 50% of all patients affected by adhesion
following a surgery. Adhesion formation has and continues to remain the most
common post-surgical complication with huge unmet market needs. Adhesion
formation after a surgery is a part of natural healing response to tissue
trauma and a normal step in a body’s post-surgery healing process. However,
when they connect wrong or unrelated tissues with each other, adhesions can
lead to serious clinical implications such as intestinal blockage, pelvic pain,
sensation loss and infertility depending on their size and location.
The
ever-present risk of adhesions associated with surgical procedures is
generating demand for efficient solutions to tackle the problem. Research
studies have revealed that numerous undesirable complications can be avoided if
the development of adhesion is successfully prevented within 3-5 days
post-surgery when tissue healing and regrowth begins. Demand is therefore
especially high for advanced adhesion barriers capable of fully preventing the
formation of adhesions. The growth in the market is led by factors such as
demographic trends, number of surgical procedures, and growing awareness among
patients and physicians alike on the medical implications of adhesions.
With
over 250 million surgical procedures being performed annually across the globe,
the number of patients exposed to the risk of post-surgical adhesion formation
is extremely high, thereby creating significant demand for anti-adhesion products.
Given that abdominal, gynaecological/pelvic and cardio-thoracic surgical
procedures are followed by post-surgical adhesion formation, the market stands
to benefit from the growing incidence of cardiovascular diseases and increase
in reconstructive pelvic surgery among the aging women population. On
the flip side, advent of minimally invasive surgeries, and novel surgical
therapies, as well as lack of awareness among medical fraternity and patients,
limited clinical efficacy data are some of the key restraints for market
growth.
As
stated by the new market research report on Anti-Adhesion Products, the United States
represents the largest market worldwide, followed by Europe. Asia-Pacific, on
the other hand, ranks as the fastest growing market with a CAGR of 12% over the
analysis period. Increasing incomes, coupled with better medical infrastructure,
as well as growing awareness of post-surgical complications is driving the
market in the region. In addition, medical tourism is also driving the growth
of Anti-Adhesion Products in the region, as patients from developed countries
demand world class facilities and procedures. General/Abdominal Surgery represents the largest application area for
Anti-Adhesion products, followed by Gynecological Surgery applications. By form Anti-Adhesion Films represent the largest segment, while Anti-Adhesion
Liquid formulations represent the fastest growing segment. Anti-Adhesion Gels are also expected
to register above average growth over the analysis period.
Major
players in the market include Anika Therapeutics, Inc., Baxter International
Inc., Ethicon Inc., FzioMed, Inc., Integra LifeSciences Holdings Corporation,
Magen OrthoMed Ltd., MAST Biosurgery AG, and Sanofi SA among others.
The
research report titled "Anti-Adhesion Products: A
Global Strategic Business Report" announced by Global Industry Analysts Inc.,
analyzes a wealth of data including technological trends, growth drivers and
major challenges that are shaping the global Anti-Adhesion Products market, as
well as profiles of leading vendors, mergers, acquisitions and other strategic
industry activities. The report provides market estimates and projections in
US$ for major geographic markets including the United States, Canada, Japan,
Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe),
Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America and Rest
of World. By application the market is analyzed by General/Abdominal Surgery,
Gynecological Surgery, and Other Surgeries. In addition the global market is
analyzed by Film, Gel, Liquid forms.
For
enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
To
connect with us, visit our LinkedIn page.
Thanks for sharing this kind of information with us. surgical supplies
ReplyDeleteThanks for sharing this kind of information with us. surgical supplies
ReplyDelete