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COVID-19 Impact : Hemostatic Agents Market Share Forecast to Witness Considerable Growth from 2019 to 2030 - Baxter, Ethicon US, C. R. Bard

Hemostatic agents market was estimated to be over US$ 3 Bn in 2018. It is anticipated to grow at a CAGR of 6.1% from 2019 to 2030


New York, NY -- (SBWIRE) -- 05/05/2020 -- Hemostatic is the stopping of bleeding from a body, blood flow from any blood vessel agents or a body part. Hemostatic agents help in improving the prime hemostasis by holding back fibrinolysis. These agents play an important role in wound care. They are specially designed to tightly hold the small blood vessel for controlling the bleeding. Later, these agents grow their applications and started being used in surgical procedures. In patient management and normalization of blood flow due to injury or wound, the properties of hemostasis and its use in blood clot must be well-known by the physician. Hemostasis is basically a complicated and well-regulated process that helps in maintaining the blood flow and at the same time triggers response to blood clot in case of tissue damage in the body.

With respect to the impact of Corona Virus on haemostatic agents market, physicians are increasingly using these agents in the treatment of patients with cardiovascular disorders. The cases for cardiovascular disorders cases, such as acute cardiac injury, arrhythmia, and other COVID associated complications are increasing, resulting in the increased use of hemostatic agents. Most report are also disclosing the growing population for disorders like acute onset heart failure and myocardial infarction. Owing to increasing cases of these major disorders, the hemostatic agents are highly demanded during the ongoing pandemic.

Major Key Players of the Hemostatic Agents Market are:
Baxter, Ethicon US, C. R. Bard, B. Braun Melsungen AG, Pfizer, Z-Medica, CryoLife, Integra LifeSciences, Advanced Medical Solutions Group plc. GELITA AG.

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Surge in the number of surgical procedures conducted globally is expected to contribute towards the growth of the hemostatic agents market. The growth of the global market is further fueled by factors such as rising adoption of hemostats to restrain bleeding, rise in geriatric population requiring surgical procedures for various ailments, growing research and development activities worldwide. Owing to the growing demand for hemostatic agents that are quicker and cheaper, there is a remarkable opportunity for the key players in the hemostatic agents market to fill in this gap. Allergic reactions to human plasma or animal derived component in the hemostatic agents is anticipated to hamper the growth of this market.

There is a perpetual rise in the number of surgical procedures across the globe. Minimally invasive procedures are further driving the surgical volumes up. There has been a significant rise in health awareness among population and ample measures have introduced appropriate and effective treatments for diseases. Steady rise in geriatric population that requires medical attention and surgery to treat several aliments is fueling the demand for hemostatic agents, thus boosting the growth of the global hemostatic agents market. Hemostatic agents enable the surgeons to undertake technically challenging and complex surgical procedures, owing to the hemostat's ability to curb bleeding in a quicker and effective manner. Moreover, the hemostatic agents can be used across diverse medical applications, hence the surge in surgical procedures is expected to propel the growth of this market.

Major Types of Hemostatic Agents Market covered are:

Research objectives:-

– To study and analyze the global Hemostatic Agents consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Hemostatic Agents market by identifying its various sub-segments.
– Focuses on the key global Hemostatic Agents manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Hemostatic Agents with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Hemostatic Agents Market Size
2.2 Hemostatic Agents Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Hemostatic Agents Market Size by Manufacturers
3.2 Hemostatic Agents Key Players Head office and Area Served
3.3 Key Players Hemostatic Agents Product/Solution/Service
3.4 Date of Enter into Hemostatic Agents Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Hemostatic Agents Sales by Product
4.2 Global Hemostatic Agents Revenue by Product
4.3 Hemostatic Agents Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Hemostatic Agents Breakdown Data by End User

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In the end, Hemostatic Agents industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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