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Topical Absorbable Hemostats : Market Size , Share, Major Players, Regional Analysis, Types and Applications Research Report, forecast by 2031
According to the latest research by Insightace Analytics, The Topical Absorbable Hemostats Market Size is estimated to be 492.2 Million in 2022 and will grow to 970.3 Million by 2031, with a compound annual growth rate (CAGR) of 7.90% during the forecast period of 2023-2031.Download Free Sample Pages https://www.insightaceanalytic.com/request-sample/1177
Topical hemostatic medications are frequently employed to regulate bleeding and establish hemostasis in surgical procedures, burn cases, and trauma situations. Surgical procedures encompass a wide spectrum of treatments, including cardiovascular, gastrointestinal, obstetrical, and gynaecological procedures and orthopaedic and peripheral nerve operations. Topical absorbable hemostatic agents, which are also known as passive hemostats (collagen, gelatin, polysaccharide, oxidized regenerated cellulose, and combination hemostats), are produced by combining a topical hemostatic agent with an absorbable sponge, foam, pad, or other material before applying it to the bleeding area. The precise characteristics of the optimal topical hemostatic agent will be influenced by the surgical speciality, patient population, procedural requirements, type of bleeding, and the agent's precise mechanism of action.
It is anticipated that the market for topical absorbable hemostats will experience profitable growth during the forecast period as a result of the increased demand that is being bolstered by the increased surgical volume. Furthermore, the market is expanding due to the increasing prevalence of chronic diseases and the ageing population. For example, the Centers for Disease Control and Prevention (CDC) reports that over 45% of Americans have at least one chronic condition that necessitates immediate medical attention. Furthermore, businesses are investing in research and development, which is anticipated to facilitate market expansion. For example, Ethicon, LLC is currently conducting a clinical trial to examine the potential of surgical powder to induce moderate parenchymal or soft tissue intraoperative haemorrhage.
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It is anticipated that North America will be the primary contributor to the topical absorbable hemostats market in the forecast years due to the increased demand that is being driven by higher surgical volumes. Additionally, the market is expanding due to the growing elderly population and the increasing prevalence of chronic illnesses. Furthermore, the Asia Pacific topical absorbable hemostats market is anticipated to experience substantial growth during the forecast period as a result of the escalating prevalence of chronic diseases and the ageing population. The consistent introduction of new products and the increasing utilization of these devices in medical operations and other applications are additional factors that contribute to growth.
Major market players operating in the topical absorbable hemostats market include
• Cresilon Inc
• Endomedix Incorporated
• Entegrion Inc
• ETX Pharma Inc
• Gamma Therapeutics Inc
• GATT Technologies BV
• gel-e Inc
• Braun Melsungen AG
• Teleflex Incorporated.
• Keratin Biosciences Inc
• Leader Biomedical Europe BV
• LifeBond Ltd
• Protege Biomedical
• Resorba GmbH
• 3-D Matrix Ltd
• Angiotech Pharmaceuticals Inc
• Anika Therapeutics Inc
• APRUS Bio-Medical Innovations Pvt Ltd
• Baxter
• R. Bard
• Ethicon
• Gelita AG
• Pfizer
• Arch Therapeutics Inc
• Cellphire Inc
• Covalon Technologies Ltd
• Haemostatix Ltd
• Hemostasis LLC
• HLL Lifecare Ltd
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Market Segments
Global Topical Absorbable Hemostats Market, by Product
• Polysaccharide Based Hemostats
• Gelatin Based Hemostats
• Combination Hemostats - Pads
• Oxidized Regenerated Cellulose Based Hemostats
• Collagen Based Hemostats
• Others
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Global Topical Absorbable Hemostats Market, by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Topical Absorbable Hemostats Market, by Country
• U.S.
• Canada
Europe Topical Absorbable Hemostats Market, by Country
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Topical Absorbable Hemostats Market, by Country
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Topical Absorbable Hemostats Market, by Country
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Topical Absorbable Hemostats Market, by Country
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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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 a 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 of key market insights in a timely and cost-effective manner.
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