Global Haemostats Market - Forecasts from 2018 to 2023

The global haemostats market is expected to grow at a CAGR of 5.98% over the forecast period of 2017-2023. Haemostats are the instrument used for preventing the blood flow by compression of the blood vessels. Haemostats are applied using tissue sealants and tissue adhesion agents. When applied to a wound, quickly absorbs blood and other body fluids, transforms into a gel to seal the wound with a protective transparent layer, actively aids in stopping bleeding. Growth in the market may be attributed to the rising number of surgical procedures, rising number of regulatory approvals and rising number of accidents. Increased focus on the blood loss management will also lead to the growth of the haemostat market during the given forecast period. Growth in the number of the hospitals and surgical centers across the globe will further require haemostats for blood loss management, thus, boosting the market for haemostats. The growing number of the accidents leading to the surgery requirement will also support the haemostat market. However, the market may be restrained due to high costs of the haemostats during the given time frame.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global haemostats value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global haemostats market.

Major industry players profiled as part of the report are B. Braun Melsungen AG, Ethicon and Point Blank Medical among others.

Segmentation

By Type

Absorbable Haemostat
Non Absorbable Haemostat

By Application

Orthopaedic Surgery
Cardiovascular Surgery
Neurological Surgeries
Other Surgeries

By End Users

Hospitals and Clinics
Ambulatory Surgical Centers

By Geography

North America

United States
Canada
Others

South America

Brazil
Argentina
Others

Europe

United Kingdom
Germany
France
Others

Middle East and Africa

Saudi Arabia
UAE
Israel
Others

Asia Pacific

China
India
Australia
South Korea
Others