#internalorgans

MRI is a Multifunctional Medical Imaging equipment.

MRI Imaging helps doctors examine multiple issues associated with:

Internal Organs Cardio Vascular & Blood Vessels Muscles Breakdown Tumors & Cancer Brain, Spine, and Nerves Joints & Musculoskeletal

Surgical hemostat is a surgical tool used in many surgical procedures to control bleeding. Surgical hemostats covered in this report include thrombin-based, combination hemostats, oxidized regenerated cellulose-based, gelatin-based, and collagen-based. Internal tissue sealants are typically used in surgeries to bind or hold internal tissues such as blood vessels, internal organs, bone cartilage, dura matter and others.

The global surgical hemostats, internal tissue sealants and adhesion barriers market is estimated to account for US$ 4,231.4 Mn in terms of value in 2020 and is expected to reach US$ 7,346.7 Mn by the end of 2027

Global Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers Market: Drivers

Increasing number of surgical procedures is expected to propel growth of the global surgical hemostats, internal tissue sealants and adhesion barriers market over the forecast period. For instance, according to ‘Surgical operations and procedures statistics’ of Eurostat in November 2019, at least 1.4 million caesarean sections performed in the EU in 2017.

Moreover, high incidence of early postoperative small bowel obstruction is also expected to aid in growth of the market. For instance, according to the study, “Incidence and risk factors of early postoperative small bowel obstruction in patients undergoing hysterectomy for benign indications”, published in the American Journal of Obstetrics and Gynecology, in March 2019, the incidence rate of early small bowel obstructions was 5.9 per 1000 hysterectomies and 43.7% of the study population developed small bowel obstruction during the initial hospital stay and 23.1% underwent reoperation.

High number of cardiovascular procedures is expected to propel growth of the global surgical hemostats, internal tissue sealants and adhesion barriers market over the forecast period. For instance, according to American Heart Association 2019 Heart Disease and Stroke Statistics, 1,016,000 cardiac catheterizations and 3,244 heart transplants were performed in the U.S. in 2014 and 2017, respectively.      

Statistics:

Hemostat held dominant position in the global surgical hemostats, internal tissue sealants and adhesion barriers market in 2019, accounting for 41.1% share in terms of value, followed by Internal Tissue Sealants, and adhesion barriers respectively

Global Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers Market: Restraints

Bringing a single new product of hemostat, tissue sealant or adhesion barriers in the market costs tremendous investment and long duration. For instance, time involved in the clinical and pre-clinical trials for these products is as high as 10 years or more.

Stringent federal approval procedures for new products are exerting significant difficulties for market development. Furthermore, some surgical sealants demonstrate less glue quality and have restricted applications. Such scenario also limits growth of the market.

Global Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers Market: Opportunities

Increasing incidence of injuries and burns is expected to offer lucrative growth opportunities for players in the market. For instance, according to the World Health Organization’s March 2018 key facts,  an estimated 180 000 deaths every year are caused by burns – the vast majority occur in low- and middle-income countries.

Use of bone glue, tissue sealants & bio sealants helps reduce cross-contamination, aids in healing process, and decreases blood loss due to surgical stiches and staplers and improves quality of patient care. Increasing awareness among physicians about benefits such as reduced cost of post-surgical complications treatment and reduced hospital stay post-surgery due to faster healing and recovery of surgical wounds is also expected to aid in growth of the market.

Market Trends/Key Takeaways

Increasing prevalence of cardiovascular disease (CVD) is expected to boost growth of the market in North America. For instance, according to American Heart Association 2019 Heart Disease and Stroke Statistics, CVD was responsible for 840,768 deaths (635,260 cardiac) in 2016 in the U.S.

Increasing number of surgical procedures is expected to aid in growth of the market in Asia Pacific. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia.

Global Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers Market: Competitive Landscape 

Major players operating in the global surgical hemostats, internal tissue sealants and adhesion barriers market include, Ethicon (Johnson & Johnson), Baxter International Inc., Integra LifeSciences Holdings Corporation, Pfizer Inc., Tissuemed Ltd., Sanofi, Braun Melsungen AG, C.R. Bard, Inc., CryoLife, Inc., Cohera Medical, Inc., and CSL Behring.

Global Surgical Hemostats, Internal Tissue Sealants and Adhesion Barriers Market: Key Developments 

Major players in the market are focused on launching new products to expand their product portfolio. For instance, in March 2020, Ethicon, part of the Johnson & Johnson Medical Devices Companies, launched SURGICEL POWDER ABSORBABLE HEMOSTAT in Australia, New Zealand, and Thailand.

Major players in the market are also focussed on adopting M&A strategies to expand their product portfolio. For instance, in February 2020, Baxter International Inc. competed acquisition of Seprafilm Adhesion Barrier and related assets from Sanofi.

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