Sterile Medical Adhesion Barrier Market

The article discusses the increasing global demand for sterile surgical or dental adhesion barriers, with forecasts predicting a steady upward trend in consumption over the next eight years. Market performance is anticipated to grow at a CAGR of +0.5% from 2022 to 2030, reaching a volume of 149K tons and a value of $35.9B by 2030. Consumption trends show fluctuations but overall growth over the past decade. The top consuming countries in 2022 were China, the United States, and India. Production and import volumes also saw growth, with the United States, Belgium, and the Dominican Republic leading in exports. The average export price per ton decreased slightly in 2022, but global exports are expected to continue growing in the coming years.

Market Forecast

Driven by increasing demand for sterile surgical or dental adhesion barriers worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.5% for the period from 2022 to 2030, which is projected to bring the market volume to 149K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.1% for the period from 2022 to 2030, which is projected to bring the market value to $35.9B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Sterile Surgical Or Dental Adhesion Barriers

In 2022, consumption of sterile surgical or dental adhesion barriers increased by 6.7% to 143K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -21.5% against 2019 indices. Over the period under review, global consumption reached the peak volume at 183K tons in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

The global sterile medical adhesion barrier market size expanded markedly to $30.5B in 2022, picking up by 6.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -19.0% against 2019 indices. Global consumption peaked at $37.6B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (40K tons), the United States (22K tons) and India (16K tons), together comprising 54% of global consumption. Japan, Russia, Brazil, Mexico, France, Germany, Turkey, Italy and South Korea lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +10.4%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest sterile medical adhesion barrier markets worldwide were Japan ($10B), the United States ($8.5B) and China ($1.6B), with a combined 66% share of the global market. Brazil, India, South Korea, Mexico, Russia, Italy, Turkey, Germany and France lagged somewhat behind, together accounting for a further 23%.

Turkey, with a CAGR of +11.5%, saw the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of sterile medical adhesion barrier per capita consumption in 2022 were the United States (65 kg per 1000 persons), Japan (63 kg per 1000 persons) and France (56 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Turkey (with a CAGR of +9.1%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Sterile Surgical Or Dental Adhesion Barriers

After two years of decline, production of sterile surgical or dental adhesion barriers increased by 7.1% to 143K tons in 2022. In general, the total production indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -19.5% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 32%. Over the period under review, global production attained the maximum volume at 177K tons in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In value terms, sterile medical adhesion barrier production expanded modestly to $30.2B in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -20.5% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 29%. Global production peaked at $38B in 2019; however, from 2020 to 2022, production failed to regain momentum.

Production By Country

The countries with the highest volumes of production in 2022 were China (40K tons), the United States (24K tons) and India (17K tons), together accounting for 56% of global production. Japan, Russia, Brazil, Germany, Mexico, Turkey, France, South Korea, the Dominican Republic and Italy lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +11.0%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Sterile Surgical Or Dental Adhesion Barriers

After three years of decline, overseas purchases of sterile surgical or dental adhesion barriers increased by 6% to 17K tons in 2022. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, global imports attained the maximum at 21K tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, sterile medical adhesion barrier imports rose modestly to $5B in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports By Country

In 2022, Belgium (2.6K tons), distantly followed by the UK (1,032 tons), the United States (1,005 tons), Italy (959 tons) and the Netherlands (875 tons) were the major importers of sterile surgical or dental adhesion barriers, together making up 37% of total imports. Singapore (765 tons), Germany (725 tons), France (458 tons), Greece (450 tons), Japan (433 tons), Spain (413 tons), Ireland (409 tons) and Austria (383 tons) followed a long way behind the leaders.

Imports into Belgium increased at an average annual rate of +1.9% from 2012 to 2022. At the same time, Japan (+15.4%), the Netherlands (+15.2%), Ireland (+12.7%), Italy (+12.5%), Singapore (+12.0%), the United States (+10.7%) and Greece (+7.0%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in the world, with a CAGR of +15.4% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Germany (-2.6%), Austria (-4.4%), the UK (-4.7%) and Spain (-7.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Italy, the United States, Singapore, Japan and Ireland increased by +3.6, +3.5, +3.3, +2.7, +1.8 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sterile medical adhesion barrier importing markets worldwide were Belgium ($843M), the United States ($698M) and Germany ($483M), with a combined 40% share of global imports. Japan, Singapore, the Netherlands, Italy, the UK, Spain, France, Austria, Ireland and Greece lagged somewhat behind, together accounting for a further 29%.

Among the main importing countries, the Netherlands, with a CAGR of +23.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average sterile medical adhesion barrier import price amounted to $287,813 per ton, shrinking by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17%. As a result, import price attained the peak level of $295,941 per ton, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($792,154 per ton), while Greece ($44,768 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.8%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Sterile Surgical Or Dental Adhesion Barriers

In 2022, the amount of sterile surgical or dental adhesion barriers exported worldwide stood at 17K tons, picking up by 9.2% compared with the year before. The total export volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when exports increased by 12% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sterile medical adhesion barrier exports rose notably to $5.3B in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 13%. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports By Country

The United States (3K tons), Belgium (2.3K tons) and the Dominican Republic (2.2K tons) represented roughly 45% of total exports in 2022. Germany (1,124 tons) took a 6.7% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (5.8%) and the UK (4.9%). Spain (755 tons), Denmark (728 tons), Poland (575 tons), India (529 tons), Austria (397 tons), Singapore (385 tons) and China (307 tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +41.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($1.3B), Belgium ($1.1B) and Germany ($624M) constituted the countries with the highest levels of exports in 2022, together accounting for 57% of global exports. Austria, the Netherlands, the Dominican Republic, Spain, Singapore, Denmark, the UK, Poland, India and China lagged somewhat behind, together accounting for a further 27%.

In terms of the main exporting countries, Singapore, with a CAGR of +43.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average sterile medical adhesion barrier export price stood at $316,408 per ton in 2022, which is down by -3.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 6.5% against the previous year. As a result, the export price reached the peak level of $326,884 per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($856,056 per ton), while China ($47,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform