Despite the introduction of minimally invasive surgical
techniques, invasive procedures still remain a prevalent mode of surgical
treatments worldwide. Such procedures require hemostasis, which facilitates the
first step in healing wounds, thus resulting in a high demand for the
hemostatic agents market, according to a market intelligence report by
IndustryARC. Moreover, internal and external bleeding are common occurrences
amongst patients who have undergone surgeries or accidents, which further
elevates demand for hemostatic agents in hospitals and clinics. According to
the report, the hemostatic agents market will earn revenue amounting to $8,347.9m
by the end of 2022, after growing at a CAGR of 7.1% during the forecast period
of 2019-2024.
The report titled,
‘Hemostatic Agents Market: By Type (Thrombin, Oxidized Regenerated Cellulose,
Combination, Gelatin, Collagen, Fibrin Sealants); By Treatment (Cardiovascular,
General, Digestive, Neurological); By End User (Hospitals, Surgical Centers,
Nursing Homes) & Geography - Forecast (2019-2024)’, delves into various
market forces in order to explain in detail this market’s opportunities such as
declining prices of hemostatic agents in the APAC region, increased usage of
hemostasis in dentistry, and others. The leading segment of the market is
estimated to be hospitals, which will grow at a CAGR of 8.1% through to 2025.
Hemostatic Agents Market: Regional
Analysis
According to the report,
around 80% Americans suffer from spinal issues and regularly consult hospitals
for spinal surgical operations. As a result, the requirement for hemostatic
agents is high in the U.S.A. in order to control bleeding during orthopaedic,
spinal, and similar surgical procedures. Transplant surgeries of vital organs
such as the heart, brain, and liver, which are being performed at an elevated
rate due to a steady rise in chronic illnesses, are another contributing factor
for this market. Together, these factors have made North America the
geographical leader of the global hemostatic agents market with a share of
$3,416.7m in 2018.
Hemostatic Agents Market: Market
Opportunities And Trends
·
The APAC region’s share of the hemostatic agents market is growing at a
potentially higher rate owing to emergence of hospital chains in India, China,
South Korea, and Japan.
· Collagen-based
hemostatic agents have become more popular in the current scenario owing to the
growing expense of thrombin-based hemostats.
· Rising
aesthetic consciousness among people has resulted in a noticeable rise in
dental consumables, which forms an important application segment for the
hemostatic agents market, since hemostats are used to control dental
haemorrhage and for wound protection.
Hemostatic Agents Market: Competitive
Landscape And Recent Developments
Key companies operating in the global hemostatic
agents market are Baxter International Corporation, C.R. Bard Incorporation, B.
Braun Melsungen AG, Integra Life Sciences Corporation, Equimedical B.V., Marine
Polymer Technologies, Inc., Gelita GmbH, Johnson and Johnson Services Inc.,
Pfizer Inc., Advanced Medical Solutions Group, Vascular Solutions Inc., Z-Medica
LLC, and Mallinckrodt PLC.
·
Baxter International Corporation recently launched HDx enabled by
Theranova Therapy to provide high-performance hemodialysis treatments.
· C.R.
Bard launched Arisa AH which is a 100% plant-based absorbable surgical
hemostatic powder.
Talk to one of our sales
representative about the full report by providing your details in the link
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What
can you expect from the report?
The
hemostatic agents market report is prepared with the main agenda to cover
the following 20 points:
1.
Market Size by Product Categories &
Application
11. Demand Analysis (Revenue
&
Volume)
2.
Market trends & Relevant Market
Data
12. Country level
Analysis
3.
Manufacturer
Landscape
13. Competitor
Analysis
4.
Distributor Landscape
14. Market
Shares Analysis
5.
Pricing Analysis
15. Value
Chain Analysis
6.
Top 10 End user Analysis
16. Supply
Chain Analysis
7.
Product Benchmarking
17. Strategic
Analysis
8.
Product Developments
18. Current
& Future Market Landscape
Analysis
9.
Mergers & Acquisition Analysis
19.
Opportunity Analysis
10.
Patent Analysis
20.
Revenue and Volume Analysis
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