Press Release

Hemostatic Agents Market Report 2020 | Technological Trends & New Product Develovments with Worldwide Size, Share, Strategies, Growth Rate, Technological Developments

Hemostatic Agents Market 2026 | Fortune Business Insights Provides Comprehensive Analysis On Revenues, Market Share, Strategies, Growth Rate, Technological Developments

The Hemostatic Agents Market in the Asia Pacific is expected to grow at a relatively higher CAGR. Baxter (the leading organization in the global market), plans to expand its operation in emerging nations such as India and China to enhance its accessibility. This is expected to propel the growth rate of the Asia Pacific hemostatic agents market. Meanwhile, the Europe market is likely to expand at a low CAGR due to the presence of a smaller patient pool compared to the Asia Pacific and North America.

Some of the Main Key Players Covered in the Report  

  • Medtronic
  • Ethicon LLC.
  • Pfizer Inc.
  • Biom’up
  • Baxter International Inc.
  • Stryker
  • CryoLife Inc.
  • Integra Life Sciences
  • BD

Combination Hemostats to Dominate the Global Market

In terms of product type, the combination hemostats segment accounted for 14% of the global market in 2017. Combination hemostats are proven to be very effective and offer faster healing. Combination hemostats are capable of offering efficient hemostasis in shorter time owing to the rapid action of thrombin and gelatin. Rising adoption of combination hemostats is anticipated to drive the global hemostatic agents market during the forecast period 2018-2025.

The factors expected to drive the global hemostatic agents market are increasing the incidence of hemorrhage during surgery and a rising emphasis on blood management. Moreover, innovations in a surgical procedure such as robot-assisted surgery and rising geriatric population are anticipated to fuel the demand in global hemostatic agents market.

Key Segmentation:

By Product Type

  • Active Hemostats
  • Passive Hemostats
  • Combination Hemostats
  • Others

By Application

  • Trauma
  • Cardiovascular Surgery
  • General Surgery
  • Plastic Surgery
  • Orthopedic Surgery
  • Neurosurgery
  • Others (OBGYN, Urology, transplant, etc.)

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Tactical Combat Casualty Care Centers
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Baxter Widening its Distribution Network Across Regions

Baxter emerged dominant in the global hemostatic agents market in 2017. The growth witnessed is attributable to its diversification strategy implemented to improve the accessibility of its brands. The trend is unlikely to change and Baxter may continue to dominate the global market during the forecast period.

Strong brand presence, diversified product portfolio, and intense R&D conducted on hemostatic agents are a few factors contributing to Baster’s expansion

More Trending Topics from Fortune Business Insights:

X-ray Flat Panel Detectors Market 2020 | Share, Size, Industry Analysis, Trends, Revenue, Growth Forecast till 2026 – MarketWatch

Bone Growth Stimulators Market 2020 | Share, Industry Growth, Analysis, Opportunities, Size and Forecast to 2026 – MarketWatch

Molecular Diagnostics Market 2020-2026 | Industry Overview, Key Players, Analysis, Opportunities, Comprehensive Research Study, Competitive Landscape – MarketWatch

Orphan Drugs Market 2020 | Global Trends, Leading Players, Industry Share, Growth, Research Report and Forecast to 2026 – MarketWatch

About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities

Tags
Show More

Betti Stone

Hi, let me cordially welcome you to medical market news. I am Bettie, the chief editor of the website. I have gathered years of experiencing in this website and not only experience but also memories. I have to manage the dynamic editorial team and oversee all strategy and content initiatives. Though I love my job a lot sometimes, I even enjoy the fresh air outside and hence take a walk during a break and re-energise myself.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close