Adhesion Barrier Market: What will be the growth opportunities in global market

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The Adhesion Barrier Market expected to reach $806.4 Million by 2023, at a CAGR of 7.2 %.

(EMAILWIRE.COM, December 21, 2018 ) "Adhesion Barrier Market by Product (Regenerated Cellulose, Hyaluronic Acid, Polyethylene Glycol, Fibrin, Collagen & Protein), Type (Film, Gel, Liquid), Application (Abdominal, Orthopedic, Cardiovascular, Gynecological Surgery) - Global Forecast to 2023", published by MarketsandMarkets™, the market is expected to reach USD 806.4 Million by 2023 from an estimated USD 570.7 Million in 2018, at a CAGR of 7.2 %.

The key factors driving the growth of this market include the growing geriatric population and corresponding chronic diseases; increase in the volume of surgeries and sport-related injuries, and growing awareness about the post-surgical adhesion formation and its related complications.

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On the basis of product, the Adhesion Barrier Market is broadly segmented into synthetic adhesion barriers and natural adhesion barriers. In 2017, the synthetic adhesion barriers segment accounted for the largest share of this market. The large share of this market can be attributed to the large number of commercially available synthetic adhesion barriers and their higher utilization (as compared to natural adhesion barriers) by surgeons in various surgeries. Advantages such as cost effectiveness and bioabsrbable properties of synthetic adhesion barriers make them more preferred as compared to natural adhesion barriers.

On the basis of formulation, the Adhesion Barrier Market is segmented into film formulations, liquid formulations, and gel formulations. In 2017, the film formulations segment held the largest share of this market.

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North America accounted for the largest share of the Adhesion Barrier Market in 2017, followed by Europe. Increase in the incidence of chronic diseases associated with aging population, increase in the volume of surgical procedures, well-established healthcare services, and higher public and private healthcare expenditure are responsible for the largest share of North America in the adhesion barriers market.

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