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Topical Absorbable Hemostats Market: A Catalyst for Innovation in Minimally Invasive and Robotic Surgery

05-29-2024 09:14 AM CET | Health & Medicine

Press release from: InsightAce Analytic Pvt. Ltd.

Topical Absorbable Hemostats Market: A Catalyst for Innovation

Topical Absorbable Hemostats Market Size is valued at 492.2 Million in 2022 and is predicted to reach 970.3 Million by the year 2031 at a 7.90 % CAGR during the forecast period for 2023-2031.

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The COVID-19 outbreak is now spreading rapidly around the world, leaving a path of devastation in its wake. This market research report offers the analysis for the impact of COVID 19 on leading companies in the Hemostat sector. It identifies those market segments and companies that may benefit from COVID-19 pandemic over a upcoming 5 years, as well as those market segments and companies that will lose out. The market research report discusses in detail the impact of COVID-19 on Hemostat market for the year 2020 and beyond.

Topical absorbable hemostats including collagen, polysaccharide, gelatin, oxidized regenerated cellulose and combination hemostats comprises of an absorbable sponge, foam, pad and other material with a topical hemostatic agent used to apply on bleeding site. These products also used in surgical specialty procedures.

The market of topical absorbable hemostats is expected to witness lucrative growth over the forecast period owing to increase in demand supported by rising surgery volumes. Additionally, increasing prevalence of chronic conditions and increasing geriatric population are driving the growth of market. For instance, according to Centers for Disease Control and Prevention (CDC) statistics, more than 45% of American population suffers from at least one chronic condition requiring critical care. Moreover, increasing number of companies are investing on research and development expected to fuel the growth of market. For instance, Ethicon, LLC has ongoing clinical trial intended to study for surgical powder moderate parenchymal or soft tissue intraoperative bleeding.

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The Global Topical Absorbable Hemostats Market is fragmented with presence of many players that operates in global topical absorbable hemostats uses in local as well as international market.

Global Topical Absorbable Hemostats uses market reports cover clinical trial/pipeline prominent players like Baxter, C.R. Bard, Ethicon, Gelita, Pfizer, 3-D Matrix Ltd, Angiotech Pharmaceuticals Inc, Anika Therapeutics Inc, APRUS Bio-Medical Innovations Pvt Ltd, Arch Therapeutics Inc, Cellphire Inc, Covalon Technologies Ltd, Cresilon Inc, Endomedix Incorporated, Entegrion Inc, ETX Pharma Inc, Gamma Therapeutics Inc, GATT Technologies BV, gel-e Inc, Haemostatix Ltd, Hemostasis LLC, HLL Lifecare Ltd, Keratin Biosciences Inc, Leader Biomedical Europe BV, LifeBond Ltd, Protege Biomedical, Resorba GmbH, Sanara MedTech Inc, Sanofi Biosurgery Inc, Sea Run Holdings Inc, Therus Corporation, Thrombotargets Corp, United Health Products, Inc., Xcede Technologies Inc, and Other Prominent Players.

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Market Segments
Global Topical Absorbable Hemostats Market by Products Revenue (US$ Mn) Forecast 2023-2031
o Combination Hemostats - Pads
o Oxidized Regenerated Cellulose Based Hemostats
o Polysaccharide Based Hemostats
o Gelatin Based Hemostats
o Collagen Based Hemostats
o Others

Global Topical Absorbable Hemostats Market Based on Region Revenue (US$ Mn) Forecast 2023-2031
Europe Revenue (US$ Mn) Forecast 2023-2031
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe

North America Revenue (US$ Mn) Forecast 2023-2031
o U.S.
o Canada

Asia Pacific Revenue (US$ Mn) Forecast 2023-2031
Latin America Revenue (US$ Mn) Forecast 2023-2031
Middle East & Africa Revenue (US$ Mn) Forecast 2023-2031

Why should buy this report:
To receive a comprehensive analysis of the prospects for global Topical Absorbable Hemostats uses Market
To receive industry overview and future trends global Topical Absorbable Hemostats uses market
To analyze the global Topical Absorbable Hemostats uses market drivers and challenges
To get information on global Topical Absorbable Hemostats uses size value/revenue (US$ Mn) forecast till 2028
Major Investments, Mergers & Acquisition in global Topical Absorbable Hemostats uses industry

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InsightAce Analytic Pvt. Ltd.
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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