Report ID: SQMIG15B2076
Report ID:
SQMIG15B2076 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
94 |
Figures:
76
Adhesion Barrier Market size was valued at USD 0.6 billion in 2022 and is poised to grow from USD 0.64 billion in 2023 to USD 1.05 billion by 2030, at a CAGR of 7.22% during the forecast period (2023-2030).
Factors driving this growth include the rise in surgeries and sports-related injuries, as well as increasing healthcare expenditure globally. The use of adhesion barriers is expected to surge as the number of surgeries increases, particularly in orthopedic procedures and heart operations. Sports injuries and accidents also contribute to the demand for adhesion barriers.
In the United States alone, there were substantial injury numbers from activities like bicycling, exercise, and various recreational vehicles, indicating a growing need for surgical interventions.
Developing countries, experiencing rapid changes in healthcare, will contribute to market growth due to population growth and increased demand for medical devices.
Healthcare expenditure in these countries is expected to rise, and individuals tend to increase spending on medical care as incomes grow. Consequently, the adoption of advanced products like adhesion barriers is expected to increase.
Despite the growth prospects, the high cost of surgical procedures, side effects associated with adhesion barriers, and stringent regulations limiting technological innovations pose challenges to market growth.
US Adhesion Barrier Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15B2076