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Best Practices Involving Product Innovation and Creation of Value Vital for Customer Retention, Finds Frost & Sullivan
Date:1/30/2013

MOUNTAIN VIEW, Calif., Jan. 30, 2013 /PRNewswire/ -- The need for reduced operating and postoperative time, as well as postoperative inflammation or infections, is causing a shift away from conventional sutures, strips, and staples toward adhesives and sealants. The medical community will make this shift faster, if sealants can be innovated as a drug delivery mechanism. Additionally, the development of applicators and new methods for applying tissue sealants will expand the scope for the sealant and adhesive application.

New analysis from Frost & Sullivan (http://www.materials.frost.com), Analysis of the North American Medical Adhesives and Sealants Market, finds that the market earned revenues of $85.2 million in 2011 and estimates this to escalate to $182.6 million in 2018 at a robust compound annual growth rate of 11.5 percent.

If you are interested in more information on this research, please send an email to Jeannette Garcia , Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

Application-based products and the use of modified polymers have caused a surge in the sale of medical sealants and adhesives. Due to the rise in the number of surgical procedures, internal medicine will remain the fastest growing market segment till 2018. Cyanoacrylates and Poly Ethylene Glycol (PEG) will have the highest potential in the internal applications segment.

"While cardio surgery is expected to contribute significantly to the internal medicine sector's revenue growth, the well-established dental adhesives and sealants segment will grow at a relatively slower pace," commented Frost & Sullivan Senior Industry Analyst, '/>"/>

SOURCE Frost & Sullivan
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