Hemostats Market is poised to value USD 3935 million by 2028 end at a CAGR of 6.1% during the forecast period 2022 to 2028.

Rise in the number of surgeries, increased regulation approvals, rising prevalence of injuries related to sports and increased emphasis on managing effective blood loss during surgical procedures. Additionally, the rise in the number of surgical centres and hospitals shall augment the hemostats market growth. 

Market Segmentation:

By Product
•    Thrombin-based hemostats
•    Oxidized regenerated cellulose-based hemostats
•    Combination hemostats 
•    Gelatin-based hemostats
•    Collagen-based hemostats
By Application
•    Orthopedic Surgery 
•    General Surgery
•    Neurological surgery
•    Cardiovascular surgery
•    Reconstructive surgery
•    Gynecological surgery
•    Other surgeries
By Formulation
•    Matrix & gel hemostats
•    Sheet & pad hemostats
•    Sponge hemostats
•    Powder hemostats
By Region
•    North America
•    Europe
•    Asia-Pacific
•    Latin America
•    Middle East and Africa

The market is classified into product, application, formulation and region. The application segment is fragmented into cardiovascular surgery, neurological surgery, orthopedic surgery, gynaecological surgery, thoracic surgery, reconstructive surgery and urological surgery. The orthopedic surgery segment is predicted to hold the largest hemostats market share owing to rise in the sport related injuries, increasing geriatric population along with the rising occurrence of lifestyle related disorders. The product segment is categorised into oxidised regenrate3d cellulose based hemostats, thrombin-based hemostats, combination hemostats, collagen-based hemostats and gelatine based hemostats. The formulation segment is fragmented into sheet & pad hemostats, matrix & gel hemostats, powder hemostats and sponge hemostats. The matrix & gel hemostats segment is predicted to lead the market owing to the benefits related to the usage of these formulations like ease of use and light in weight. 

Regional Analysis:

The North America region is expected to dominate the market with a strong presence of prominent players in the region, advancements in technology along with increased investments for research and development activities.  Furthermore, the rising geriatric population along with unhealthy lifestyle choices shall bolster the growth of the market. 

Competitive Landscape:                            

The key players of the market associated are CR Bard Inc., B. Braun Melsungen AG, Baxter International, Inc., Integra LifeSciences, Marine Polymer Technologies, Inc., Teleflex, Ethicon, Inc., Pfizer, Inc., Z-Medica LLC, Gelita Medical GmbH.          

FutureWise Key Takeaways:

•    Growth prospects
•    SWOT analysis 
•    Key market trends 
•    Key data-points affecting market growth

Objectives of the Study:

•    To provide with an exhaustive analysis on the global hemostats market by product, by application, by formulation and by region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
•    To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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  • Risks and Opportunity Assessment

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