Anti-Adhesion Products Market Is Expected to Grasp the Value of USD...

Anti-Adhesion Products Market Is Expected to Grasp the Value of USD 1,033.1 Million with Growing A CAGR of 7.10%by 2028

Posted 2024-01-22 07:29:55

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Market Overview: In 2020, the global Anti-Adhesion Products market reached a valuation of USD 594.0 Million, and it is expected to grow to USD 1,033.1 Million by 2028, with a projected Compound Annual Growth Rate (CAGR) of 7.10%. Adhesions, or sticky tissue scars, form internally post-surgery, causing tissue and organ adhesion. This can lead to complications, obstructing internal organs and causing pain. Anti-adhesion products, available in various formulations like gels, films, and liquids, aim to address these issues. The market is driven by the prevalence of surgeries in fields such as orthopedics, gynecology, cardiovascular, and general abdominal surgeries.

Product Outlook: The Synthetic Adhesion Barriers segment, particularly Polyethylene Glycol (PEG) products, is expected to grow rapidly with a CAGR of 7.6%. PEG-based anti-adhesion products are proven to significantly reduce adhesions after gynecological surgeries. Other formulations like Hyaluronic Acid and regenerated cellulose are also anticipated to grow during the forecast period.

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Formulation Outlook: The gel formulation segment is expected to experience significant growth due to increased demand and efficacy, especially in reconstructive pelvic surgeries. The Asia-Pacific region, driven by a growing elderly population and increased surgical procedures, is likely to boost the market for gel-based formulations.

Application Outlook: Cardiovascular surgeries are expected to lead the market with a CAGR of 7.0%, given the high occurrence of post-operative adhesions in abdominal, gynecological, and cardiovascular surgeries. The global anti-adhesion product market is poised for deliberate growth, with more opportunities arising in the field of reconstructive pelvic surgeries among women.

Regional Outlook: North America dominated the market in 2020, driven by increased demand, healthcare advancements, and the presence of key players. The Asia-Pacific region is a promising market with the highest CAGR of 8.3%, attributed to a large geriatric population and an increase in surgical procedures. Europe, Latin America, and the Middle East show potential for market expansion, with lifestyle changes leading to more surgeries.

Market-O-Nomics:

North America is projected to have a market share of 33.9% by 2028, driven by medical advancements and increased investments.
Polyethylene Glycol holds a significant share of 43.4% among synthetic anti-adhesion products.
Cardiovascular diseases account for the highest usage of anti-adhesion products, growing at a CAGR of 7.0%.
The Asia-Pacific region, with a CAGR of 8.3%, is a rapidly growing market due to a large geriatric population and increased awareness of adhesion-related disorders.

Companies and Strategies: Key players such as Johnson & Johnson, Sanofi S.A., and Baxter International Inc. have focused on strategies to enhance their market position. Mergers and acquisitions, such as Baxter International Inc.'s acquisition of Seprafilm Adhesion Barrier, showcase the industry's dynamic nature.

Start-up Traction: Startups, including SciVision Biotech Inc., are entering the market with innovative products and technologies. Investment in research, as seen with PROTAHERE absorbable adhesion barrier, indicates opportunities for progress.

Deals Landscape: Mergers and acquisitions are integral to the industry, with key market players entering the sector.

Expert Insights: Favorable developments in the industry are expected, with a focus on designing new products aligning with customer expectations and ensuring optimal clinical outcomes. New entrants are anticipated to bring innovative technology, simplifying processes, and reducing operational costs.

Segments Covered: The report segments the global Anti-Adhesion market based on product type, treatment, application, and region. The segmentation includes:

Product Outlook: Synthetic Adhesion (Polyethylene Glycol, Hyaluronic Acid, Regenerated Cellulose) and Natural Adhesion Barriers (Collagen & Protein, Fibrin).
Application Outlook: Cardiovascular surgery, Orthopedic surgery, Gynecological surgery, General/ abdominal Surgery, Neurological surgery, Urological Surgery, Other surgeries.
Formulation Outlook: Gels, Films, Liquids.
Regional Outlook: North America, Europe, Asia Pacific, Middle East & Africa, Latin America.

This report provides a comprehensive analysis of the market trends from 2017 to 2028, forecasting revenue growth globally, regionally, and at the country level.

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