Global Hemostats Market Product scope, Overview, Technology, Forecasts 2023
Global Hemostats Market: Product Type (Thrombin Based, Collagen Based, Tissue Sealants- Fibrin Sealants, and Others), Instrument Type (Halstead Mosquito Hemostatic Forceps,), Application (Gynecology, Neurology, Cardiovascular) -–Global Forecast Till 2023
Market Highlights
Hemostasis is the course of
blood clotting. Blood clotting plays a vital role in various surgeries by
achieving positive outcomes with the reduction of blood loss. This clotting
process reduces the surgery time and the need for blood transfusion. Thus,
hemostats are surgical instruments used to regulate the bleeding during
surgery.
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Hemostats are also used for
oozing out venomous bleeds, bone bleeding, and others. The scope of hemostats
is growing rapidly with technological advancements and a growing number of
surgeries. Also, growth in a number of hospitals and healthcare facilities, and
initiatives taken by the government are the major factors driving the growth of
the hemostats market.
The hemostats market is
expected to grow at a CAGR of 6.4%.
However, the high cost of
hemostats, government’s rules and regulations and lack of skilled professionals
is expected to hamper the growth of hemostats market.
Segmentation
The global hemostats market
has been segmented on the basis of product type, instrument type, application,
and end-user.
On the basis of product
type, the market has been classified as thrombin-based, combination based,
oxidized regenerated cellulose-based, gelatin based, collagen-based hemostat,
tissue sealants, cyanoacrylate-based tissue adhesives, adhesion prevention
products. The tissue sealants have been segmented into fibrin sealants,
protein-based sealants. On the basis of instrument type, the market has
been classified as halstead mosquito hemostatic forceps, kelly and crile
hemostatic forceps, and rochester-carmalt hemostatic forceps. On the basis of
application, the market has been classified as cardiovascular surgery, general
surgery, gynecological surgery, reconstructive surgery, neurological surgery,
orthopedic surgery, and other surgeries. On the basis of end-users, the market
has been classified as hospitals, clinics, ambulatory surgery centers,
community healthcare, and others.
Regional Analysis
The Americas is projected
to lead the hemostats market in the forecast period. Rising rate in a number of
diseases due to various factors such as a change in lifestyle, rising geriatric
population and others contribute majorly to the growth of the market.
Increasing healthcare awareness, advancement in technology, medical tourism,
and an increase in disposable income are some other factors that boost the
growth of the market. According to the United States Center for Disease
Control and Prevention, around 45% of the American population is suffering from
at least one chronic condition demanding critical care.
The European market is
expected to hold the second largest market share. Introduction of
technologically advanced hemostat products such as FLOSEAL, HEMOPATCH, and
TISEEL is projected to boost the demand for these products in the European
market. The European hemostats market is anticipated to be driven due to the
increase in the elderly aged population, which is expected to ultimately lead
to a higher number of surgeries. The European market is projected to grow
because of the increase in elderly population, growing prevalence of diabetes,
and heart rhythm problems in the region.
Asia-Pacific was projected
to be the fastest growing region for the global hemostats market in 2018. The
market is expected to witness growth owing to the rising patient population,
changing lifestyle, and growing elderly population. This is expected to provide
favorable backgrounds for the market to grow.
The Middle East and Africa
accounts for the least share due to stringent government policies and low per
capita income.
Market, by Region
- Americas
- North America
- US
- Canada
- Latin America
- Europe
- Western Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Western Europe
- Eastern Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Middle East
- Africa
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The report for Global market by Market
Research Future comprises of extensive primary research along with the detailed
analysis of qualitative as well as quantitative aspects by various industry
experts, key opinion leaders to gain a deeper insight of the market and
industry performance. The report gives a clear picture of the current market
scenario which includes past and estimated future market size with respect to
value and volume, technological advancement, macro economical and governing
factors in the market. The report provides detail information about and
strategies used by top key players in the industry. The report also gives a
broad study of the different market segments and regions.
Key Players
Some of the key players in
the global hemostats market are CR Bard, Inc. (US), B. Braun Melsungen AG
(Germany), Baxter International, Inc. (US), Integra LifeSciences (US), Marine
Polymer Technologies, Inc. (US), Teleflex (US), Ethicon, Inc. (US), Pfizer,
Inc. (US), Z-Medica LLC (US), and Gelita Medical GmbH (Germany), Anika
Therapeutics, Inc. (US), Stryker (US), and Integra Lifesciences Corporation
(US).
TOC:
1.
Report Prologue
2. Market
Introduction
2.1
Definition
2.2 Scope of the
Study
2.2.1
Research Objective
2.2.2
Assumptions
2.2.3
Limitations
3. Research
Methodology
3.1 Introduction
3.2 Primary
Research
3.3 Secondary research
3.4 Market Size
Estimation
TOC…Continued
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