Global Hemostasis And Tissue Sealing Agents Market Is Expected To Increase At A High CAGR Of 8.5% By The End Of 2027

The hemostasis and tissue sealing agents market refers to the global industry involved in the development, production, and distribution of products used to control bleeding and promote tissue sealing in surgical procedures. These agents are used to achieve hemostasis (the process of stopping bleeding) and secure tissues to facilitate wound healing and minimize the risk of complications.

Hemostasis and tissue sealing agents are commonly utilized in various surgical specialties, including general surgery, cardiovascular surgery, orthopedic surgery, neurosurgery, and others. They are particularly valuable in complex surgical procedures where conventional methods of hemostasis, such as sutures and ligatures, may be insufficient or time-consuming.

The market for hemostasis and tissue sealing agents has been witnessing growth due to several factors, including:

Increasing surgical procedures: The rising global burden of diseases and the aging population have led to an increase in surgical interventions, driving the demand for hemostasis and tissue sealing agents.

Advancements in technology: Ongoing advancements in medical technology have resulted in the development of new and improved hemostatic and tissue sealing products, enhancing their efficacy and safety profiles.

Favorable reimbursement policies: Reimbursement policies and insurance coverage for surgical procedures have improved, making these agents more accessible to patients and healthcare providers.

Reduced healthcare costs: Hemostasis and tissue sealing agents can help reduce surgical time, postoperative complications, and the need for blood transfusions, ultimately resulting in cost savings for healthcare systems.

The market includes a wide range of products, such as topical hemostats, sealants, adhesives, and combination products. Topical hemostats, including oxidized regenerated cellulose (ORC), gelatin-based products, and collagen-based products, are widely used for achieving hemostasis. Sealants and adhesives, such as fibrin sealants, cyanoacrylates, and synthetic polymer-based sealants, are employed for tissue sealing and wound closure.

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Key Hemostasis and Tissue Sealing Agents Market Survey Highlights and Projections

• Sales Channel will remain the largest category on the basis of retail, holdingAcetone Derivatives Market share
• Hemostasis and Tissue Sealing Agents Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
• Hemostasis and Tissue Sealing Agents Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
• Japan and South Korea Hemostasis and Tissue Sealing Agents Market demand likely to grow at a steady clip during 2022-2032

Competitive Landscape

The leading companies in the global hemostasis and tissue sealing agents market are involved in product launches, manufacturing technologically cutting-edge solutions, acquisitions, and joint ventures with other businesses.

These tactics are probably going to help the market for tissue sealing and hemostasis agents increase around the globe.

• The Terumo Corporation introduced AQUABRID, a novel surgical sealant product, to the EMEA market on January 26, 2020. Using this product during aortic surgery helps to halt bleeding.

• Johnson & Johnson (Ethicon, Inc.) (U.S) dominates the market for tissue sealants and tissue glue. The company enjoys a strong regional presence and a well-known brand. It also offers a wide variety of surgical sealants and adhesives, including some of the most recognizable brands.

Key Companies Profiled:
• Advance Medical Solution (AMS) Group Plc
• B Braun Medical, Inc.
• Baxter
• Biomet, Inc.
• C R Bard, Inc.
• Cohera Medical, Inc.
• Cohesion Technologies, Inc.
• Covidien Plc.
• CryoLife, Inc.
• HyperBranch Medical Technology.
• Integra Life Sciences Corporation
• Johnson & Johnson
• MIL Laboratories Pvt., Ltd.
• Pfizer, Inc.
• Smith & Nephew

What insights does the Hemostasis and Tissue Sealing Agents Market report provide to the readers?

• Hemostasis and Tissue Sealing Agents Market fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present Hemostasis and Tissue Sealing Agents Market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Hemostasis and Tissue Sealing Agents Market
• Various regulations imposed by the governments on the consumption of Hemostasis and Tissue Sealing Agents Market in detail.

Segmentation of Hemostasis and Tissue Sealing Agents Industry Research

• By Product :
• Topical Hemostats
• Adhesive & Tissue Sealants

• By End User :
• Hospitals
• Ambulatory Surgery Centers
• Home Care Settings
• Others

• By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

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This release was published on openPR.