Global Medical Adhesives and Sealants Market – Restraint
Stringent regulations for medical grade products are expected to hinder growth of the global medical adhesives and sealants market. The Food and Drug Administration (FDA) in the U.S., the European Medicines Agency (EMA) in Europe, the China Food and Drug Administration (CFDA) in China, and other government agencies administer requirements that include testing, safety, effectiveness, manufacturing, labeling, promotion and advertising, distribution and post-market surveillance.
Even after a company obtains regulatory approval to market a product, the product and the company’s manufacturing processes and quality systems are subject to continual review by the FDA and other regulatory authorities globally.
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