Flowable Hemostats Market Size, Industry Analysis Report By Material (Bovine Gelatin, Porcine Gelatin), By Products (Active Hemostats, Passive Hemostats, Combination Hemostats), By Application (General Surgery, Cardiac Surgery, Orthopaedic Surgery, Neuro And Spine Surgery), By End-User (Hospitals And Clinics, Ambulatory Surgery Centres) & Region – Forecast
- PUBLISHED ON
- 2024-10-03
- NO OF PAGES
- CATEGORY
- Healthcare & Life Sciences
The Flowable Hemostats Market is valued at around USD 1124 million in 2022 and is expected to reach USD 1654.25 million by 2030, registering a CAGR of 7.1% over the forecast period. The flowable hemostat can move, which makes it practical for moist or hard-to-reach areas. It is a medical device primarily used to control and stop bleeding during minimally invasive surgical procedures.
The Flowable Hemostats Market - Growth Factor
To help meet the rising demand for their products, they are increasing the number of jobs available to people. Since COVID-19 is challenging communities and healthcare systems all over the world, expanding product supply chains is one of the main focus points for businesses in the flowable hemostats market. By making hemostats and other medical devices accessible around-the-clock, manufacturers are maximising their production activities. Governments, doctors, and healthcare systems are actively collaborating with internal medical teams at med-tech companies to understand the particular challenges brought on by COVID-19. Leading medical technology firms are supporting communities and frontline healthcare workers financially as a form of philanthropy. To enhance clinical outcomes, they are extending region-specific support.
The Flowable Hemostats Market – Market Trends
• In these trying times of the coronavirus (COVID-19) pandemic, healthcare companies in the flowable hemostats market are increasing the supply of life-sustaining medications and medical devices like flowable hemostats.
• To help meet the rising demand for their products, they are increasing the number of jobs available to people.
• Since COVID-19 is challenging communities and healthcare systems all over the world, expanding product supply chains is one of the main focus points for businesses in the flowable hemostats market.
• By making hemostats and other medical devices accessible around-the-clock, manufacturers are maximising their production activities.
The Flowable Hemostats Market – Segmentation
The Flowable Hemostats Market fragrance concentrates market has been sub-classified into material, product, application, end-user.
On the basis of material, the Flowable Hemostats Market is bifurcated into:
• Bovine gelatin
• Porcine gelatin
• Others
On the basis of products, the market is segmented into:
• Active hemostats
• Passive hemostats
• Combination hemostats
• Others
On the basis of application, the market is segmented into:
• General surgery
• Cardiac surgery
• Orthopaedic surgery
• Neuro and spine surgery
• Others
On the basis of end-user, the market is segmented into:
• Hospitals and clinics
• Ambulatory surgery centres
• Others
The Flowable Hemostats Market –Regional Analysis
North America dominated the global Flowable Hemostats Market, is expected to expand with a consistent CAGR of 6.9% from 2022 to 2032. The market for flowable hemostats in APAC is anticipated to expand consistently between 2022 and 2032 at a CAGR of 6.7%.
The Flowable Hemostats Market – Key Market players
Global key players of Flowable Hemostats Market include Johnson & Johnson, Teleflex Incorporated, Axio Biosolutions, Baxter International, CR Bard, Inc., Braun Melsungen AG, Marine Polymer Technologies, IncZ-Medica LLC, Ethicon, Inc., Integra LifeSciences, Gelita Medical GmbH and Pfizer, Inc., and others.
Report scope
Global Flowable Hemostats Market: Historical Years- 2018-2021
Global Flowable Hemostats Market: Forecast Years- 2022-2030
Global Flowable Hemostats Market 2022- USD 1124 million
Global Flowable Hemostats Market 2030- USD 1654.25 million
Global Flowable Hemostats Market CAGR- 7.1%
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