Surgical Hemostats, Internal Tissue Sealants, and Adhesion Barriers

Surgical Hemostats, Internal Tissue Sealants, and Adhesion Barriers

Global Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers Market to Reach $6.2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$6.2 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027. Hemostats, one of the segments analyzed in the report, is projected to record a 7.3% CAGR and reach US$2.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Internal Tissue Sealants segment is readjusted to a revised 6.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 11.3% CAGR

The Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 11.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$828.4 Million by the year 2027.

Adhesion Barriers Segment to Record 5.7% CAGR

In the global Adhesion Barriers segment, USA, Canada, Japan, China and Europe will drive the 5.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$759.6 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 7% CAGR through the analysis period.

Select Competitors (Total 44 Featured) -

• B. Braun Melsungen AG
• BARD, A Becton, Dickinson Company
• Baxter International, Inc.
• Cohera Medical, Inc.
• CryoLife, Inc.
• Ethicon US LLC
• Integra Lifesciences Corporation
• Pfizer, Inc.
• Sanofi SA
• Tissuemed Ltd.

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