Global Adhesion Barriers Market 2018-2022| 7% CAGR Projection Over the Next Four Years| Technavio
LONDON--(BUSINESS WIRE)--Jul 31, 2018-- analysts forecast the global adhesion barriers market to grow at a CAGR of almost 7% during the forecast period, according to their latest market research report.
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Technavio has published a new market research report on the global adhesion barriers market from 2018-2022. (Graphic: Business Wire)
The growing focus on medical tourism in emerging economies is one of the major trends being witnessed in the . The emerging economies in APAC and South America are the prime focus for vendors due to the increase in medical tourism and the presence of a large patient population in these regions. Vendors operating in the global adhesion barriers market are benefitting from the presence of a large potential patient pool in emerging economies.
According to Technavio analysts, one of the key factors contributing to the growth of the global adhesion barriers market is the growing aging population:
Global adhesion barriers market: Growing aging population
The life expectancy in the developed countries is higher than in emerging economies. It is higher in countries like Japan, Korea, China, the UK, the US, Canada, Germany, Denmark, and France. This is due to the improved living conditions, education, availability of medical reimbursements, and accessibility to better healthcare services.
According to a senior market research analyst at Technavio, “With increasing age, there is a rise in prevalence of chronic diseases such as arthritis, dementia, cancer, hypertension, and diabetes. Adhesion barriers are used during the surgeries required to treat such chronic diseases, which fuel market growth.”
Global adhesion barriers market: Segmentation analysis
The global adhesion barriers market research report provides market segmentation by application (gynecological, abdominal, and other surgeries), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the two major applications, the gynecological surgeries segment held the largest market share in 2017, contributing to over 33% of the market. The segment will dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for over 42% share, with North America being the maximum contributor to the region. The growth in the region can be attributed to the factors such as rapidly growing chronic diseases, which raise the number of surgeries, thereby driving the demand for adhesion barriers.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket sizing Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 07/31/2018 03:56 PM/DISC: 07/31/2018 03:56 PM