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While healthcare wearables are aiding current situations, all wearable device types are expected to see a small amount of increase in the second half of 2020.
Consumer interest in buying non-essential devices dropped in the first quarter of 2020 due to the COVID-19 pandemic, negatively impacting demand for wearables.
Is your company adapting production to meet a pandemic-related need? I’d love to hear about it! Please contact me at suttons@bnpmedia.com to share your story.
The medical devices packaging market is growing as the healthcare industry witnesses rapid changes due to the outbreak of new diseases, increasing regulatory norms, and growth in advanced healthcare systems.
The medical devices packaging market was valued at $29.3 billion in 2019 and is expected to reach a value of $41.9 billion by 2025, growing at a CAGR of 6.1% from 2020-2025.
Polyganics reports that its easy-to-use device is optimized to effectively adhere to and seal off the surgically treated tissue throughout the critical healing period after hepato-pancreato-biliary (HPB) surgery.
Polyganics recently announced that it has received €1.2 million (approximately $1.3 million) in funding from the European Fund for Regional Development (EFRO) through the Northern Netherlands Alliance (SNN) and the city and province of Groningen to support clinical validation of its liver and pancreas sealant patch.
Adhesives and surgical sealants are used during medical procedures to fill surgical wounds, rebuild injured tissues, and replace and improve common stitching in medical practices.
The global market for surgical sealants and adhesives is forecasted to top $3.5 billion by the end of 2026, growing at a CAGR of over 9.3% from 2019-2026.
According to Vertellus, its adhesives, sealants, and gels are helping a variety of device manufacturers maintain product integrity in the face of increasingly harsh environments.
A transparent closure seal for folding boxes and wallets, the Multi-Tear closure label reportedly combines two security mechanisms that are activated in an attempt to unnoticeably peel off the seal.
The dental adhesives market is projected to grow from $1.92 billion in 2017 to $2.57 billion by 2022, at a compound annual growth rate (CAGR) of 6.02% between 2017 and 2022.
Scientists in the medical industry continue to look at surgical adhesives to be used in place of stitches, and the researchers at the University of Sydney, Harvard Medical School, and Northeastern University may have found a promising solution with MeTro.
