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Hemostats Market Analysis to 2027: Industry Size Growth Share Development Revenue Business Prospects and Forecast with Prominent Regions

09-29-2022 06:35 AM CET | Health & Medicine

Press release from: The Insight Partners

Hemostats

Hemostats

The Hemostats market was valued at US$ 2,206.00 million in 2019 and it is projected to reach US$ 3,557.41 million by 2027; it is expected to grow at a CAGR of 6.3% from 2020 to 2027.

The hemostats market by product is segmented into thrombin based hemostats, combination hemostats, oxidized regenerated cellulose based hemostats, gelatin based hemostats, and collagen based hemostats. In 2019, the thrombin based hemostats segment held a largest market share of the hemostats market. This segment is also expected to dominate the market in 2027. The large share of thrombin based hemostats can be attributed to various advantages offered by these hemostats, deep market penetration and variety of products offered by multiple players to suit diverse medical application. On the other hand, the combination hemostats segment is anticipated to witness the highest growth rate during the forecast period. Certain factors such as effectiveness of the hemostats in lesser time and better efficient blood clotting are expected to drive the segment growth.

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Some of the Major Market Players Are:

• BD
• B. Braun Melsungen AG
• Baxter International Inc.
• Integra Life Sciences Corporation
• Teleflex Incorporated
• Johnson & Johnson Services, Inc.
• Biom'up
• ZMedica, LL
• Gelita Medical
• Pfizer Inc.

The market players are focused towards acquisitions with industry players in order to sustain their position in the market. For instance, in December 2017, BD completed acquisition of C.R. Bard with an aim to expand clinical products portfolio and customer base.

Factors such as increase in the number of surgical procedures and an increasing incidences of sports injuries are expected to upsurge the market growth. In addition, growth in the global healthcare market is likely to have a positive impact on the growth of the market in the coming years.

Have a 15-minute long discussion with the lead analyst and author of the report in a time slot decided by you. You will be briefed about the contents of the report and queries regarding the scope of the document will be addressed as well: https://www.theinsightpartners.com/speak-to-analyst/TIPHE100001419/?utm_source=OpenPR&utm_medium=10188

The report segments the global hemostats market as follows:

Global Hemostats Market - By Product

• Thrombin Based Hemostats
• Combination Hemostats
• Oxidized Regenerated Cellulose Based Hemostats
• Gelatin Based Hemostats
• Collagen Based Hemostats

Global Hemostats Market - By End User

• Hospitals & Clinics
• Ambulatory Surgical Centers

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Contact Us:

If you have any queries about this report or if you would like further information, please
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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