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Hemostats Market Will Reach $4.73 Billion by 2030 | CAGR 5.8%

04-03-2023 06:34 AM CET | Health & Medicine

Press release from: P&S Intelligence

Hemostats Market Will Reach $4.73 Billion by 2030 | CAGR 5.8%

The hemostats market generated a revenue of USD 3.01 billion in 2022, and it will reach USD 4.73 billion by 2030, propelling at 5.80% CAGR during the forecast period, as per a report by P&S Intelligence.

This is credited to the development of new hemostasis products by numerous players, and the increasing oncologic, orthopedic, cardiac, gynecological, and reconstructive surgeries.

Browse full report at: https://www.psmarketresearch.com/market-analysis/hemostats-market

The mounting number of surgical procedures is also a main driving factor for this industry. Moreover, the need to achieve hemostasis during the surgical process and the availability of various management devices have increased significantly in recent years.

In 2022, orthopedic surgery dominated the hemostats market with over 34% share, and it will remain like this in the future. Due to the rising incidence of sports injuries, increasing road accidents, the mounting number of laparoscopic surgeries, the growing aging population, and escalating number of obesity and age-related diseases, such as osteoporosis and arthritis.

North America accounted for the largest share, of approximately 32%, in 2022, and it will grow significantly in the future owing to the numerous research and development activities, increasing incidence of orthopedic and cardiac disease, and the presence of reputable healthcare businesses.

Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/hemostats-market/report-sample

Due to the increasing number of surgeries, numerous research and development activities, and the production of new hemostasis products, the hemostats industry will grow significantly in the future.

Browse more reports:

Bioinformatics Market Report - https://www.psmarketresearch.com/market-analysis/bioinformatics-market

Medical Tourism Market Report - https://www.psmarketresearch.com/market-analysis/medical-tourism-market

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://healthcarefuturetrends.blogspot.com

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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