PUBLISHER: Orion Market Research | PRODUCT CODE: 1064733
PUBLISHER: Orion Market Research | PRODUCT CODE: 1064733
Global Flowable Hemostats Market Size, Share & Trends Analysis Report, By Material (Porcine Gelatin and Bovine Gelatin), By Application (General Surgery, Cardiac Surgery, Vascular Surgery, Neuro & Spine Surgery, Orthopedic Surgery, and Others), By End-User (Hospitals, Clinics, Diagnostic Laboratories, and Ambulatory Surgery Centers) Forecast (2021-2027)
The global flowable hemostats market is anticipated to grow at a considerable CAGR during the forecast period. The increase in the global geriatric population and rise in the incidence of bleeding disorders are the prominent factors projected to fuel the demand for hemostats, including flowable hemostats during the forecast period. Further, the surge in patients pool with trauma and rise in accident cases which leads to the increase in number of surgeries boosts the demand for flowable hemostats. As per WHO, an estimated 1.25 million people lose their lives in road traffic accidents across the world every year.
The global flowable hemostats market is segmented based on material, application and end-user. On the basis of material, the market is sub-divided into Porcine Gelatin and Bovine Gelatin. Based on application, the market is sub-segmented into general surgery, cardiac surgery, vascular surgery, neuro & spine surgery, orthopedic surgery, and others. Based on end-user, the market is sub-segmented into hospitals, clinics, diagnostic laboratories, and ambulatory surgery centers.
Geographically, the global flowable hemostats market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World.
Some of the companies operating in the global flowable hemostats market include Baxter International, Stryker Corporation, Cryolife, Inc., Becton, Dickson & Company, Medtronic Ltd., Teleflex Incorporated, Johnson & Johnson Services and Pfizer Inc. among others.
Market Segmentation
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