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

>Raghu Tantry . "Nevertheless, products such as pit and fissure sealants will grow rapidly due to the role they play in cavity prevention."

Owing to the nature of the products, the medical sealants and adhesives market is highly regulated. This translates to high entry barriers, such as a presence of a large number of market participants, stringent regulatory issues, long product development time, and a need for a strong distribution network.
In such a competitive market, participants have to distinguish their products. However, this will be challenging because of the wide array of possible uses for sealants and adhesives across many parts of a surgical procedure. Such versatility could lead to product overlap across segments and application areas.

"Unclear demarcation among different medical sealant and adhesive products is leading to substitution within and between markets, further intensifying competition," noted Senior Industry Analyst Raghu Tantry . "Companies should focus on launching products that can be applied for specific medical conditions, such as cardiovascular, cranial and abdominal surgeries, to stand out and thrive in this market."

Analysis of the North American Medical Adhesives and Sealants Market is part of the Materials Growth Partnership Services program, which also includes research in the following markets: North American Medical Devices Coatings Market and Plastic Polymers in Medical Devices Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

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