(MENAFN- GetNews) According to report published by Grand View Research,The global adhesion barrier market size is expected to reach USD 1.13 billion by 2026.Rising geriatric population and prevalence of chronic diseases are the key factors driving the market growth. Increasing awareness regarding the benefits of using adhesion barrier in post-operative procedures is also contributing toward the market growth.
The global adhesion barrier market size is expected to reach USD 1.13 billion by 2026, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 7.1% over the forecast period. Rising geriatric population and prevalence of chronic diseases are the key factors driving the market growth. Increasing awareness regarding the benefits of using adhesion barrier in post-operative procedures is also contributing toward the market growth.
Moreover, rising cases of sports-related injuries and number of surgeries would also have a positive impact on the market demand. For instance, according to the Safe Kids Worldwide survey of emergency room records in 2012, every 25 seconds a young athlete visited a hospital emergency room due to a sports-related injury. Such huge number of cases of sports injuries is anticipated to bolster the market growth in the coming years.
Access Full Research Report On Adhesion Barrier Market Analysis: www.grandviewresearch.com/industry-analysis/adhesion-barrier-market
Further key findings from the study suggest:
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The synthetic adhesion barrier segment is anticipated to expand at a lucrative CAGR of over 7.0% during the forecast period owing to the cost effectiveness of these barriers as compared to the natural adhesion barriers
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Hyaluronic acid synthetic adhesion barrier accounted for the largest share in 2017 with a market revenue of USD 147.25 million
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Film/mesh formulated adhesion barrier held the largest share in 2017 due to wide use of this formulation
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North America led the market in 2017, with a share of more than 47.0%, owing to developed healthcare infrastructure and increased number of surgeries along with customer awareness about the usage of adhesion barrier
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Asian countries are estimated to witness the highest growth in market, due to increasing population in the region and changing lifestyle leading to the rising incidences of Cardiovascular Diseases (CVDs) in the region
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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.
Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global adhesion barriers market on the basis of product, formulation, application, and region:
Adhesion Barrier Product Outlook (Revenue, USD Million, 2015 - 2026)
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Synthetic
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Hyaluronic acid
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Regenerated cellulose
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Polyethylene glycol
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Others
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Natural
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Collagen & Protein
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Fibrin
Adhesion Barrier Formulation Outlook (Revenue, USD Million, 2015 - 2026)
Adhesion Barrier Application Outlook (Revenue, USD Million, 2015 - 2026)
Adhesion Barrier Regional Outlook (Revenue, USD Million, 2015 - 2026)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com
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