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Global Hemostats Market Will Witness A Considerable Growth, Expected to Reach USD 3.5 Billion by 2026

04-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Hemostats Market By Product (Gelatin-Based Hemostats, Oxidized Regenerated Cellulose Based Hemostats, Collagen-Based Hemostats, Combination Hemostats, and Thrombin-Based Hemostats), By Formulation (Sponge Hemostats, Matrix & Gel Hemostats, Powder Hemostats, and Sheet & Pad Hemostats), By Application (Neurological Surgery, Gynecological Surgery, Orthopedic Surgery, Cardiovascular Surgery, General Surgery, Reconstructive Surgery, and Other Surgeries), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global hemostats market in 2019 was around USD 2.4 Billion. The market is expected to grow at a CAGR of nearly 6.2% and is anticipated to exceed USD 3.5 Billion by 2026.

A rise in the count of patients undergoing surgical treatments, the proliferation of sports injuries-related incidences, strict regulatory approvals, and mounting focus to combat the blood loss during surgical treatment, are some of the leading factors flourishing the global hemostats market. Moreover, the establishment of surgical centers and hospitals worldwide is likely to generate new opportunities for the leading players associated with the hemostats market in the coming years.

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Browse the full “Hemostats Market By Product (Gelatin-Based Hemostats, Oxidized Regenerated Cellulose Based Hemostats, Collagen-Based Hemostats, Combination Hemostats, and Thrombin-Based Hemostats), By Formulation (Sponge Hemostats, Matrix & Gel Hemostats, Powder Hemostats, and Sheet & Pad Hemostats), By Application (Neurological Surgery, Gynecological Surgery, Orthopedic Surgery, Cardiovascular Surgery, General Surgery, Reconstructive Surgery, and Other Surgeries), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-hemostats-market-by-product-gelatin-based-hemostats-625

Orthopedic surgery under application segment witnessed a dominating position in the global hemostats market

In 2019, the “orthopedic surgery” category under the application segment held the major share of the global hemostats market. The count of orthopedic surgeries performed worldwide has been increasing due to the rising sports injuries-related incidences, growing geriatric population, and adoption of a sedentary and unhealthy lifestyle, which leads to multiple disorders like osteoporosis, arthritis, and obesity. The surgery involves the utilization of hemostats and other surgical instruments. Hence, the growing number of surgical cases would eventually propel the global hemostats market.

Matrix & gel hemostats under formulation segment will hold the maximum share of the global market

The matrix & gel hemostats segment is likely to hold the largest share of the global hemostats market owing to the key benefits of this formulation, such as ease of use and lightweight. However, the “sponge hemostats” category is projected to witness the superior growth in the market throughout the study timeframe owing to wide acceptance of the formulation by the consumers.

North America hemostats market is likely to attain the dominating position in the global market throughout the forecast period

North America is anticipated to hold the major share of the global hemostats market. The key factors fuelling North America’s hemostats market are considerably proliferating the geriatric population and a growing number of surgeries performed in the region.

Some of the key players driving the global hemostats market are Marine Polymer Technologies Inc., Pfizer Inc., Baxter International Inc., Gelita Medical GmbH, Teleflex, B. Braun Melsungen AG, Z-Medica LLC, CR Bard Inc., Ethicon Inc., and Integra LifeSciences, among others.

This report segments the global hemostats market as follows:

Global Hemostats Market: Product Segmentation Analysis

  • Gelatin-Based Hemostats
  • Oxidized Regenerated Cellulose Based Hemostats
  • Collagen-Based Hemostats
  • Combination Hemostats
  • Thrombin-Based Hemostats

Global Hemostats Market: Formulation Segmentation Analysis

  • Sponge Hemostats
  • Matrix & Gel Hemostats
  • Powder Hemostats
  • Sheet & Pad Hemostats

Global Hemostats Market: Application Segmentation Analysis

  • Neurological Surgery
  • Gynecological Surgery
  • Orthopedic Surgery
  • Cardiovascular Surgery
  • General Surgery
  • Reconstructive Surgery
  • Other Surgeries

Global Hemostats Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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