Hemostat is referred to as a surgical agent that regulates and controls the bleeding process during surgical procedures. Hemostats help to shorten surgery time and reduce the need for blood transfusion. Hemostatic agents are essential in establishing hemostasis in pre-hospital conditions and preventing death associated with hemorrhage. Hemostats are used to compress blood vessels and prevent the flow of blood or other fluids. They are generally used in adjunct to surgical procedures to manage bleeding. Hemostatic agents offer different benefits, which include decreased wound healing & operative time, better management of anti-coagulated patients, and reduction in the patient recovery period.
The growing demand for effective and efficient surgical and medical interventions is driven by an aging population and increasing instances of chronic diseases and traumatic injuries. As surgical procedures become more commonplace, there is a heightened emphasis on minimizing bleeding and improving patient outcomes, thereby escalating the need for advanced hemostatic products. Manufacturers are responding by developing innovative hemostats that offer quicker and more reliable hemostasis, reduced post-operative complications, and shorter recovery times. This trend is further supported by ongoing technological advancements in hemostatic agents, devices, and materials, all of which contribute to the expansion of the hemostat market.
The global hemostats market is positioned for substantial growth in the forthcoming years, primarily driven by the increasing number of surgical procedures conducted worldwide. As the global population continues to expand and age, there is a growing demand for surgical interventions to address various medical conditions. Surgeons and healthcare professionals are increasingly relying on hemostatic agents to effectively control bleeding during surgeries. Furthermore, advancements in surgical techniques and the rising prevalence of chronic diseases are leading to a higher frequency of surgical procedures, which is further boosting the demand for hemostats.
• Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
• Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
• Identify factors influencing market growth and challenges, opportunities, drivers and restraints
• Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
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Based on Product Type, the Hemostats market has been segmented into Active Hemostats, Passive/Mechanical Hemostats, and Flowable Hemostats. Passive/Mechanical Hemostats further sub segmented into Oxidized Regenerated Cellulose-Based Hemostats, Gelatin Based Hemostats, Collagen Based Hemostats, and Polysaccharide Spheres Hemostats. The Passive/Mechanical Hemostats segment dominated the market during the forecast period. The demand for passive hemostats, such as gelatin, collagen, cellulose, and polysaccharide-based products, has been steadily increasing in the medical field. These mechanical hemostatic agents are gaining popularity for several reasons. Their ease of use and accessibility make them a preferred choice in various surgical settings. Mechanical hemostats, unlike some active biologic compounds, do not require special handling or refrigeration, making them convenient for healthcare providers in operating rooms. They can be readily applied as sponges to bleeding areas, providing a mechanical barrier to control bleeding and oozing effectively.
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The major players studied in the market are Baxter International Inc. (US), Ethicon (US), C.R. Bard (US), B. Braun Melsungen AG (Germany), Teleflex Incorporated (US), Integra Life Sciences (US), Hemostasis, LLC (US), Pfizer Inc. (US), Stryker (US), CyroLife Inc. (US), Dalim Tissen, and GELITA MEDICAL GmbH (Germany) among others. These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launches.
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• Scope – Highlights, Trends, Insights. Attractiveness, Forecast
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