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Hemostats Market Analysis by Future Economic Impact to 2023 | Key Industry Drivers – CR Bard, Inc., B. Braun Melsungen AG, Baxter International, Inc., Integra Life Sciences
Hemostats Market -Highlights
Hemostasis is the course of blood clotting. Blood clotting plays a vital role in various surgeries by achieving positive outcomes with the reduction of blood loss.
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Hemostats Market -Key Players
CR Bard, Inc. (US)
B. Braun Melsungen AG (Germany)
Baxter International, Inc. (US)
Integra LifeSciences (US)
Marine Polymer Technologies, Inc. (US)
Teleflex (US)
Ethicon, Inc. (US)
Pfizer, Inc. (US)
This clotting process reduces the surgery time and the need for blood transfusion. Thus, hemostats are surgical instruments used to regulate the bleeding during surgery. Hemostats are also used for oozing out venomous bleeds, bone bleeding, and others.
The scope of hemostats is growing rapidly with technological advancements and a growing number of surgeries. Also, growth in a number of hospitals and healthcare facilities, and initiatives taken by the government are the major factors driving the growth of the hemostats market.
However, the high cost of hemostats, government’s rules and regulations and lack of skilled professionals is expected to hamper the growth of hemostats market.
Hemostats Market -Regional Analysis
The Americas is projected to lead the hemostats market in the forecast period. Rising rate in a number of diseases due to various factors such as a change in lifestyle, rising geriatric population and others contribute majorly to the growth of the market
The European market is expected to hold the second largest market share. Introduction of technologically advanced hemostat products such as FLOSEAL, HEMOPATCH, and TISEEL is projected to boost the demand for these products in the European market.
The European hemostats market is anticipated to be driven due to the increase in the elderly aged population, which is expected to ultimately lead to a higher number of surgeries.
The European market is projected to grow because of the increase in elderly population, growing prevalence of diabetes, and heart rhythm problems in the region.
Asia-Pacific was projected to be the fastest growing region for the global hemostats market in 2018. The Middle East and Africa accounts for the least share due to stringent government policies and low per capita income.
Hemostats Market -Segmentation
The Global Hemostats Market has been segmented on the basis of product type, instrument type, application, and end-user.
On the basis of product type, the market has been classified as thrombin-based, combination based, oxidized regenerated cellulose-based, gelatin based, collagen-based hemostat, tissue sealants, cyanoacrylate-based tissue adhesives, adhesion prevention products.
The tissue sealants have been segmented into fibrin sealants, protein-based sealants. On the basis of instrument type, the market has been classified as halstead mosquito hemostatic forceps, kelly and crile hemostatic forceps, and rochester-carmalt hemostatic forceps.
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On the basis of application, the market has been classified as cardiovascular surgery, general surgery, gynecological surgery, reconstructive surgery, neurological surgery, orthopedic surgery, and other surgeries.
On the basis of end-users, the market has been classified as hospitals, clinics, ambulatory surgery centers, community healthcare, and others.
Some TOC for Hemostats Market Research Report – Forecast to 2023
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Hemostats Market, By Type
Chapter 7. Global Hemostats Market, By Treatment
Chapter 8 Global Hemostats Market, By End User
Chapter 9. Global Hemostats Market, By Region
Chapter 10 Company Landscape
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
Chapter 13 Appendix
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