Hemostasis & Tissue Sealing Agents Market Growth, Share, Size, Trends and Forecast 2025
Hemostats, as well as adhesives and sealants, are essential components of current surgical techniques. Topical hemostats are utilised primarily intraoperatively and to a lesser extent afterwards. Raw surface bleeding, oozing venous type bleeds, bone bleeding, and needle-opening bleeding can all be treated with these products.
As a consequence of factors such as a growth in the number of surgical procedures and a rise in the number of traffic accidents, the global hemostasis and tissue sealing agents market is expected to grow significantly. Surgery is one of the most popular treatments delivered by the NHS in the United Kingdom, with 4.7 million admissions across a variety of locations, according to the Health and Social Care Information Centre (HSCIC). The data also shows that the number of surgical operations increased by 27% between 2004 and 2014. Approximately 200,000 persons died in the United States in 2014 as a consequence of trauma injuries, according to the Centers for Disease Control and Prevention (CDC).
According to the American Joint Replacement Registry's (AJRR) annual report for 2016, a total of 427,181 joint replacement surgeries were documented. However, market expansion is likely to be hampered by a lack of favourable reimbursement policies for hemostat failure in blood loss management, as well as rising surgical treatment costs.
Market Segmentation:
By Product Type:
- Topical Hemostats
- Adhesives & Tissue Sealing Agents
- Hospitals
- Ambulatory Surgical Centers
- Home Care Settings
The key players operating the global hemostasis & tissue sealing agents market include Cryolife, Inc. Baxter International, Inc., Ethicon LLC, Integra Lifesciences Corporation, Becton, Dickinson & Company, Cohera Medical, Inc., Pfizer, Inc., Medtronic plc, B. Braun Melsungen AG, MIL Laboratories Pvt. Ltd, Advanced Medical Solutions Group Plc, and others.
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