Press release
Hemostats Market to Witness an Outstanding Growth by 2028 | BD, Baxter, Biom’up, Teleflex Incorporated
Leading Hemostats Market market Players:
Johnson & Johnson Services, Inc. (Ethicon LLC)
BD
Baxter
Braun Melsungen Ag
Pfizer, Inc.
GELITA MEDICAL
Integra Lifesciences Holdings Corporation
Z-Medica, LLC
Biom’up
Teleflex Incorporated
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The Hemostats in healthcare market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide.
Market Insights
Growing Applications of Hemostats in Healthcare to Drive Hemostats in Healthcare Market Growth
The increasing number of surgical procedures have also increased the use of hemostats. Increase in number of surgeries such as orthopedic surgeries for the replacements of knee & hip help to upsurge the market growth. The surgeries are done for the amputations of the limbs due to the injuries and damages caused by various diseases or road accidents. For instance, as per the U.S. Agency for Healthcare Research and Quality, approximately 600,000 knee replacement surgeries are performed per year in the United States.
Product-Based Insights
In terms of product, the Hemostats in healthcare market is segmented into thrombin-based hemostats, combination hemostats, gelatin based hemostats, collagen based hemostats and oxidized regenerated cellulose based hemostats. In 2019, the thrombin based hemostats held the largest share of the market, by product.
Strategic Insights
The Hemostats in healthcare market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.
Hemostats in Healthcare Market – by Product
Thrombin Based Hemostats
Combination Hemostats
Gelatin Based Hemostats
Collagen Based Hemostats
Oxidized Regenerated Cellulose Based Hemostats
Hemostats in Healthcare Market – by End User
Hospitals & Clinics
Ambulatory Surgical Centers
Other End Users
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