Hemostats Market Outlook 2017 to 2024 - Industry Growth Analysis

Global Hemostats Market, By Product Type (Thrombin Based, Combination, Oxidized Regenerated Cellulose Based, Gelatin Based, Collagen Based Hemostat), By Indication (Wound Closure, Surgery), By End-User (Hospitals, Clinics, Ambulatory Centers, Community Healthcare, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Trends and Forecast to 2024

The global hemostats market has accounted to USD 2.7 billion in 2016, and is expected to reach USD 4.5 billion by 2024, growing at a CAGR of 6.5% in the forecast period 2017 to 2024.

The hemostats market is segmented into based on product type, indication, end-user and geography.

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On the basis of product the market is segmented into into 5 product type’s thrombin based hemostats, combination agents hemostats, oxidized regeneration cellulose based hemostats, gelatin based hemostats and collagen based segments.

The Global Hemostats market is also segmented based on indications type into wound closure and surgery

Based on end-users the market is segmented into hospitals, clinics, ambulatory centers, community healthcare and others.

Based on geography the global hemostats devices market covers data points for 52 countries across multiple geographies namely North & South America, Europe, Asia-Pacific and, Middle East & Africa. North America dominates the market in terms of consumption of hemostats followed by Europe and APAC. . In terms of revenue North America holds 57.7% of the market in 2015, followed by Europe with 20.1% and APAC with 14.2%. APAC is expected to be the fastest growing market in the forecasted years owing to increasing number of surgeries in this region among other growth opportunities.

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The key players operating in this market are Pfizer, C.R. Bard, Baxter, Vascular Solutions, Inc., B.Braun Melsungen, 3-D Matrix, Ltd., Resorba Medical GmbH (A Advanced Medical Solutions Group plc Company), Anika Therapeutics, Inc., Arch Therapeutics Inc., Biom’Up SAS, CryoLife, Inc., Gamma Therapeutics, Inc., Hemostasis, LLC, Medtrade Products Ltd., Integra Lifesciences Corporation, Medline Industries, Inc., Hemotec Medical GmbH, Stryker, Hemostasis, LLC., CSL Behring, Mallinckrodt plc. and Equimedical, B.V. among other companies.

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