Hemostats (Thrombin, Oxidised Regenerated Cellulose, Combination, Gelatin, Collagen) Market - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 19, 2018--The “Hemostats Market by Product (Thrombin, Oxidised Regenerated Cellulose, Combination, Gelatin, Collagen), Application (Gynecology, Neurology, Cardiovascular, Reconstructive), Formulation (Powder, Matrix & Gel, Sheets & Pads) - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The hemostats market is expected to reach USD 3.03 billion by 2023 from USD 2.27 billion in 2018, at a CAGR of 6.0%.
Growth in this market is driven by the increasing number of surgical procedures, growing number of regulatory approvals, increasing incidence of sports-related injuries and spinal ailments, and rising focus on effective blood loss management in patients during surgeries.
On the basis of product, the hemostats market is segmented into thrombin-based hemostats, oxidized regenerated cellulose-based hemostats, combination hemostats, gelatin-based hemostats, and collagen-based hemostats. In 2018, the thrombin-based hemostats segment is estimated to hold the largest share of the market. The large share of this segment is attributed to the wide range of advantages associated with the use of thrombin-based hemostats.
Based on formulation, the hemostats market has been segmented into matrix & gel hemostats, sheet & pad hemostats, sponge hemostats, and powder hemostats. The sponge hemostats segment is expected to witness the highest growth during the forecast period. The positive growth rate of this segment is attributed to the growing acceptance of these formulations by end users.
Geographically, the hemostats market was dominated by North America, followed by Europe in 2017. However, Asia Pacific is estimated to grow at the highest rate during the forecast period. The improving healthcare infrastructure, growing medical tourism, increasing number of elderly people in the region, and the implementation of favorable government initiatives in several Asian countries, are driving the growth of this region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Hemostats Market, By Product
7 Hemostats Market, By Formulation
8 Hemostats Market, By Application
9 Hemostats Market, By Region
10 Competitive Landscape
11 Company ProfilesC. R. Bard B.Braun Baxter Integra Lifesciences Marine Polymer Technologies Pfizer Gelita Medical GmbH Z-Medica, LLC Ethicon (Subsidiary of Johnson & Johnson) Teleflex Incorporated For more information about this report visit https://www.researchandmarkets.com/research/9vf3gp/hemostats?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005424/en/
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SOURCE: Research and Markets
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PUB: 09/19/2018 08:58 AM/DISC: 09/19/2018 08:58 AM