Global hemostats market is also growing due to the increase in number of surgeries.
The usage of hemostats has no adverse effects and is an important procedure to prevent blood loss in patients, especially among the aging population. The market for hemostats is rapidly increasing with technological advancements and increasing number of surgeries. Also, hospitals and healthcare facilities are gradually increasing, supported by government which in turn is driving the growth of the hemostats market.
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Hemostats is one of the sub-markets of wound closure devices. Over the years, these products have been used during surgeries to stop bleeding within a short span of time. These products are biodegradable, absorbable, and cost-effective. They have a tenure of maximum 2 years with no adverse effects.
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Based on product type, this market is segmented into thrombin based hemostats, combination hemostats, oxidized regenerated cellulose based hemostats, gelatin based hemostats, and collagen based hemostats, thrombin based hemostats, combination hemostats, oxidized regenerated cellulose based hemostats, gelatin based hemostats, and collagen based hemostats.
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Based on geography, the global hemostats market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The growth in the Americas hemostats market is attributed to the increase in number of surgical procedures. However, the hemostats market in Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period. Increasing healthcare infrastructure along with rise in number of surgeries are propelling the growth of this market.
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Major companies profiled in this Global Hemostats Market Research report:
- Johnson & Johnson Services, Inc. (U.S.)
- Marine Polymer Technologies, Inc. (U.S.)
- Baxter (U.S.)
- Integra Lifesciences Holdings Corporation (U.S.)
- B Braun Melsungen AG (Germany)
- R. Bard, Inc. (U.S.)
- Vascular Solutions, Inc. (U.S.)
- Gelita Medical GmbH (Germany)
- Pfizer Inc. (U.S.)
- Equimedical (Netherlands)
- Z-Medica, LLC (U.S.)
The Global Hemostats Market research report provides insights on the following pointers:
• Product Analysis and Development: Detailed insights on upcoming technologies, research and development activities, and new product launches in the global hemostats market are provided.
• Market Development: Comprehensive information about lucrative emerging markets is provided. The report also analyzes the markets for hemostats across various regions, exploit new distribution channels, new clientele base, and different pricing policies.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments decisions in the global hemostats market is provided. Detailed description regarding the related and unrelated diversification pertaining to this market is also provided.
• Competitive Assessment: An in-depth assessment of market shares and company share analysis of the key players forecasted till 2020 is provided.
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