Middle East and Africa (MEA) Hemostats Market Analysis by Product Type and Key Players: Ethicon US LLC (U.S.), Pfizer and Gelita Medical

Databridgemarketresearch.com Adds “Middle East and Africa (MEA) Hemostats Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2024” To Its Research Database.

Middle East and Africa Hemostats Market is expected to reach USD 134.3 million by 2024 from USD 103.7 million in 2016, at a CAGR of 3.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The major factors driving the growth of this market are the increasing number of surgeries, increasing healthcare expenditure, technological advancements, chronic condition and aging population. These factors increase the demand of various hemostats agents. On the other hand weak reimbursement and reluctance of surgeons towards acceptance of new products may hinder the growth of the market.

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Middle East and Africa Hemostats Market, By Product Type (Thrombin Based, Combination, Oxidized Regenerated Cellulose Based, Gelatin Based, Collagen Based Hemostat), By Indication (Wound Closure, Surgery), By End-User (Hospitals, Clinics, Ambulatory Centers, Community Healthcare, Others), By Geography (Middle East and Africa) – Industry Trends and Forecast to 2024

Top Key Players:

Ethicon US LLC (U.S.),
Pfizer,
Gelita Medical,
C.R. Bard,
Baxter,
Vascular Solutions, Inc.,
B. Braun Melsungen AG,
Cura Medical,
Axio Biosolutions Private Limited.,
Anika Therapeutics, Inc.,
Arch Therapeutics Inc.,
Aegis Lifesciences,
CryoLife, Inc.,
Hemostasis, LLC,
MedTrade Products Limited,
Integra LifeSciences Corporation,
Altalayar Medical,
Stryker,
Mallinckrodt,
Starch Medical,
among other companies.

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Market Segmentation: Middle East and Africa (MEA) Hemostats Market

The Middle East and Africa hemostats market is segmented on the basis of product type, application, distribution channel, and end user. The Middle East and Africa hemostats market is segmented into 5 major product types, namely thrombin based hemostats, combination agents, oxidized regenerated cellulose based hemostats, gelatin based hemostats and collagen based hemostats. In 2017, the thrombin based hemostats segment is expected to dominate the market with a share of 40.8% and combination agents is expected to grow with the highest CAGR during the forecast period from 2017 to 2024.

• On the basis of application, the market is segmented into surgery and wound closure.

• On the basis of distribution channel, the market is segmented into direct tender and retail.

• On the basis of end users, the market is classified into hospitals, community healthcare, ambulatory centres and clinics. In 2017, the hospital segment is expected to dominate the market and is expected to continue this trend till 2024.

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