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Adhesion Barrier Market Growing due to Rising Sports Injuries

03-11-2020 10:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Adhesion Barrier Market Growing due to Rising Sports Injuries

The global adhesion barrier market generated a revenue of $541.3 million in 2017 and is predicted to advance at a 7.5% CAGR during the forecast period (2018-2023). The market is growing due to the rise in volume of surgeries, surging geriatric population, increasing sports injuries, and technological advancements. A physical barrier that is applied between the layers of tissue during surgical procedure in order to keep them separated from other organs and tissues is referred to as adhesion barrier. Adhesion barrier products are available in liquid, film, and gel formulations.

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When product is taken into consideration, the adhesion barrier market is bifurcated into natural and synthetic. Between these two, synthetic products accounted for the major share of the market during the historical period (2013-2017), holding a revenue share of 67.2% in 2017. Different types of synthetic adhesion barriers are regenerated cellulose, hyaluronic acid, and polyethylene glycol. Some other types include combination products such as silicon rubber, polyethylene oxide, and carboxymethyl cellulose. Among all these, hyaluronic acid held the largest share of the market during the historical period.

A key driving factor of the adhesion barrier market is the rising number of sports injuries. The most common types of sports injuries around the world are strains and sprains. As per the Stanford Children's Health, a San Francisco-based healthcare system focusing on obstetric and pediatric care, over 3.5 million injuries in the U.S. occur in 30 million children participating in organized sports. Moreover, one-third of all injuries that occur during childhood are sports related. Hence, the rising number of surgical procedures for treating sports injuries is driving the market.

Hence, the market is registering significant growth due to the increasing number of sports injuries, rise in the volume of surgeries, and surging geriatric population.

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GLOBAL ADHESION BARRIER MARKET SEGMENTATION
Market Segmentation by Product
o Synthetic
o Hyaluronic acid
o Regenerated cellulose
o Polyethylene glycol (PEG)
o Others
o Natural
o Collagen- and protein-based
o Fibrin-based
Market Segmentation by Formulation
o Film
o Gel
o Liquid
Market Segmentation by Application
o Gynecological Surgeries
o General/Abdominal Surgeries
o Orthopedic Surgeries
o Cardiovascular Surgeries
o Neurological Surgeries
o Urological Surgeries
o Reconstructive Surgeries
o Others

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P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://psintelligence.blogspot.com/

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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