Market Overview:
The global general surgery hemostatic agents market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of surgical procedures, rising awareness about hemostatic agents, and technological advancements in the field of hemostasis. The global general surgery hemostatic agents market is segmented on the basis of type into hemostatic pads, hemostatic powders, hemostatic knitted strips, and others (hemostatic gels). Hemostasis pads are expected to account for the largest share of the global general surgery hemostatics agent market in 2018. This can be attributed to their easy availability and low cost as compared to other types of hemostats. Hemostasis powders are also expected to witness significant growth during the forecast period owing their ability to control bleeding from large vessels quickly and effectively. On the basis of application, hospitals are estimated dominatethe global general surgery hemorrhagic agent marketin2018 with a shareof more than 50%.This can be attributedto th efact that hospitals offer better infrastructureand facilities for treatmentthan clinics or care centers do . However , t h e c l i n i c s segm entis expec tedt og rowat acagr o f 6 .
Product Definition:
A hemostatic agent is a substance that promotes the arrest of bleeding by causing blood vessels to constrict or by forming clots.
Hemostatic Pad:
Hemostatic pads are used to stop bleeding caused by cuts, scrapes or injuries. They contain hemostatic agents which help in coagulation and clot formation. The pad is usually placed directly on the wound and requires a few minutes for effect. It can be removed after a while for inspection and further treatment as required.
Hemostatic Powder:
Hemostatic agents are drugs that act to stop or slow down bleeding by forming a physical barrier between the damaged blood vessel and the outside world. The most commonly used hemostatic agent is probably gauze, which is frequently applied directly to the wound. Other hemostatic agents include tourniquets, pressure garments, direct pressure (from hand), and ice packs.
Application Insights:
Based on application, the global general surgery hemostatic agents market is segmented into hospital, clinic or care center and others. The hospital application segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high number of surgical procedures and rising prevalence of chronic diseases requiring surgical intervention. Furthermore, increasing government funding for the development and procurement of advanced healthcare equipment are further expected to drive demand over the forecast period.
The clinic or care center application segment is anticipated to witness significant growth over the forecast period owing to an increase in patient visits due to various reasons such as increasing awareness about health & hygiene among individuals aged above 18 years old across developing countries including China India Pakistan Brazil Thailand etc., which eventually leads them seek medical assistance at clinics/care centers resulting into increased usage of hemostatic agents for stopping bleeding at clinics/care centers thereby driving demand over forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing incidence of cardiovascular diseases, rising geriatric population, and high adoption of preventive surgeries. In addition, presence of well-established healthcare facilities and favorable reimbursement policies are anticipated to drive the regional market over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving healthcare infrastructure in emerging countries such as India and China. Moreover, growing medical tourism industry due to availability of advanced treatments at affordable costs will also boost product demand in this region over next eight years. Hemostatic powder was estimated as highest selling product type followed by gel formulation across all regions except Latin America where pad formulation held maximum share (Table 1). Asia Pacific is anticipated have highest CAGR during the forecast period due its large geriatric population base coupled with increasing prevalence of chronic disorders such as cancer & diabetes which require surgical intervention resulting into huge unmet needs for hemostasis products (Figure 1) [1].
Growth Factors:
- Increasing incidence of trauma and accidents: The increasing incidence of trauma and accidents is one of the key growth drivers for the global general surgery hemostatic agents market. Trauma is a leading cause of death worldwide, and hemostatic agents are used to control bleeding in such cases.
- Rising geriatric population: The global geriatric population is growing at a rapid pace, which is expected to drive the demand for general surgery hemostatic agents in the coming years. Elderly people are more prone to injuries and require surgical intervention for treatment, thereby fueling the demand for these products.
- Technological advancements: The development of novel hemostatic agents that offer better efficacy and safety profiles is likely to boost the growth of this market in the coming years. Such advances will help surgeons treat patients with complex injuries effectively and improve patient outcomes overall.
Scope Of The Report
Report Attributes
Report Details
Report Title
General Surgery Hemostatic Agents Market Research Report
By Type
Hemostatic Pad, Hemostatic Powder, Hemostatic Knitted Strip, Hemostatic Gel, Others
By Application
Hospital, Clinic, Care Center, Others
By Companies
B. Braun, ENDOVISION, Ethicon, Meril Life Sciences, CryoLife, Team Consulting, HONG KONG MEDI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global General Surgery Hemostatic Agents Market Report Segments:
The global General Surgery Hemostatic Agents market is segmented on the basis of:
Types
Hemostatic Pad, Hemostatic Powder, Hemostatic Knitted Strip, Hemostatic Gel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Care Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B. Braun
- ENDOVISION
- Ethicon
- Meril Life Sciences
- CryoLife
- Team Consulting
- HONG KONG MEDI
Highlights of The General Surgery Hemostatic Agents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hemostatic Pad
- Hemostatic Powder
- Hemostatic Knitted Strip
- Hemostatic Gel
- Others
- By Application:
- Hospital
- Clinic
- Care Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the General Surgery Hemostatic Agents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
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- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hemostatic agent is a medication that helps to stop bleeding. Hemostasis is the process of stopping or controlling bleeding.
Some of the major players in the general surgery hemostatic agents market are B. Braun, ENDOVISION, Ethicon, Meril Life Sciences, CryoLife, Team Consulting, HONG KONG MEDI.
The general surgery hemostatic agents market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 General Surgery Hemostatic Agents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 General Surgery Hemostatic Agents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 General Surgery Hemostatic Agents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the General Surgery Hemostatic Agents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global General Surgery Hemostatic Agents Market Size & Forecast, 2020-2028
4.5.1 General Surgery Hemostatic Agents Market Size and Y-o-Y Growth
4.5.2 General Surgery Hemostatic Agents Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hemostatic Pad
5.2.2 Hemostatic Powder
5.2.3 Hemostatic Knitted Strip
5.2.4 Hemostatic Gel
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Care Center
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global General Surgery Hemostatic Agents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 General Surgery Hemostatic Agents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hemostatic Pad
9.6.2 Hemostatic Powder
9.6.3 Hemostatic Knitted Strip
9.6.4 Hemostatic Gel
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Care Center
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hemostatic Pad
10.6.2 Hemostatic Powder
10.6.3 Hemostatic Knitted Strip
10.6.4 Hemostatic Gel
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Care Center
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hemostatic Pad
11.6.2 Hemostatic Powder
11.6.3 Hemostatic Knitted Strip
11.6.4 Hemostatic Gel
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Care Center
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hemostatic Pad
12.6.2 Hemostatic Powder
12.6.3 Hemostatic Knitted Strip
12.6.4 Hemostatic Gel
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Care Center
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hemostatic Pad
13.6.2 Hemostatic Powder
13.6.3 Hemostatic Knitted Strip
13.6.4 Hemostatic Gel
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Care Center
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 General Surgery Hemostatic Agents Market: Competitive Dashboard
14.2 Global General Surgery Hemostatic Agents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun
14.3.2 ENDOVISION
14.3.3 Ethicon
14.3.4 Meril Life Sciences
14.3.5 CryoLife
14.3.6 Team Consulting
14.3.7 HONG KONG MEDI
