This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Best Practices Involving Product Innovation And Creation Of Value Vital For Customer Retention, Finds Frost & Sullivan

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, 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.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs