Global Medical Adhesives and Sealants Market Outlook 2020-2027: Lack of Proper Reimbursement Policies for Medical Services are Projected to Hamper Market Growth
DUBLIN, Jan. 15, 2021 /PRNewswire/ -- The "Medical Adhesives and Sealants - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Jan. 15, 2021 /PRNewswire/ -- The "Medical Adhesives and Sealants - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
- Global Medical Adhesives and Sealants market accounted for $9,867.90 million in 2019 and is expected to reach $20,545.14 million by 2027 growing at a CAGR of 9.6% during the forecast period.
- However, stringent regulations associated with medical grade products coupled with lack of proper reimbursement policies for medical services are projected to hamper market growth during the forecast period.
- Medical adhesives and sealants are chemical formulations that are safe for use in bonding applications during medical procedures.