Market Research Future (MRFR) proposes that the global hemostats market is predicted to demonstrate 6.4% CAGR during the forecast period (2018-2023). The increasing number of surgical procedures is presumed to favor the market growth.
Providing detailed care to patients suffering from damaged vessels during an operation is of utmost importance as this can trigger substantial blood loss. Hemostasis is the formation of blood clots near the site of the injury. Surgical instruments that help in controlling blood loss by forming temporary clots are known as hemostats. It is also known as arterial forceps, hemostatic clamp, and pean after Jules-Émile Péan. The process is often implemented at an early stage of incision to close blood vessels from ligation.
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Increasing number of surgical procedures, innovation, rising cases of wounds & accidents, and demand for blood loss management are factors that can boost the global hemostats market. All these are getting amply backed by technological advancements. Factors such as these will take the hemostats market forward in the coming years.
The global hemostats market depends on strategy-making policies of several companies such as
- B. Braun Melsungen
- CR Bard
- Integra LifeSciences
- Baxter International
- Marine Polymer Technologies
- Z-Medica LLC
- Anika Therapeutics
- Gelita Medical GmbH
- Integra Lifesciences Corporation
These companies have been profiled by MRFR in their report which contains a detailed analysis of their recent performances.
Global Hemostats Market – Segmental Analysis
The global hemostats market has been segmented on the basis of instrument type, product type, application, and end-user.
- By mode of product type, the global hemostats market has been segmented into combination based, thrombin-based, gelatin based, oxidized regenerated cellulose-based, tissue sealants, collagen-based hemostat, adhesion prevention products, and cyanoacrylate-based tissue adhesives.
- Among these, the thrombin-based hemostats are considered to occupy the largest market share owing to the numerous advantages associated with the use of thrombin-based hemostats.
- By mode of instrument type, the global hemostats market has been segmented into kelly and Crile hemostatic forceps, Halstead mosquito hemostatic forceps, and Rochester-carmalt hemostatic forceps.
- By mode of application, the global hemostats market has been segmented into general surgery, cardiovascular surgery, reconstructive surgery, gynecological surgery, orthopedic surgery, neurological surgery, and other surgeries.
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The global hemostats market, as discussed by MRFR in their report, includes North America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The market in North America is the largest revenue earner among all regions. The inclusion of advanced medical technologies, rising awareness, robust healthcare sector, and favorable compensation are inspiring several surgical procedures. This is ensuring high growth rate for the regional market. In addition, reimbursement policies and high expenditure capacities are factors that can positively impact the North American market.
Europe’s market is the second largest one and several other factors such as cardiovascular disorders, increasing number of surgeries and surging inclusion of advanced treatment procedures can promote the market further.
The APAC market is going to profit substantially owing to investments made in the infrastructural development of healthcare sectors in emerging economies. The sector is now eyeing for an optimal treatment condition due to which latest products are getting approved quite easily. At the same time, increasing disposable income is creating scope for the market to expand. The region has also made a name for itself as a medical tourism hub which can support market growth.
The MEA market can get restrained during the forecast period owing to the presence of poor economies and lack of technical knowledge.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
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