Hemostats Market Size, Trends, Growth, Opportunities 2024-2032 | Johnson & Johnson Services, Inc., Baxter, and Becton, Dickinson and Company

The global hemostats market size was valued at USD 4.75 billion in 2023. The market is projected to grow from USD 5.09 billion in 2024 to USD 9.33 billion by 2032, exhibiting a CAGR of 7.9% during the forecast period (2024-2032).

The hemostats market, driven by the need for effective blood loss management in surgeries, is experiencing significant growth. This press release explores a recent key industry development, leading segment, and future outlook for this vital medical technology sector.

𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂'𝗿𝗲 𝗠𝗶𝘀𝘀𝗶𝗻𝗴: 𝗚𝗲𝘁 𝗮 𝗙𝗿𝗲𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗣𝗗𝗙) 𝗦𝗮𝗺𝗽𝗹𝗲: https://www.fortunebusinessinsights.com/enquiry/sample/hemostats-market-100084

𝗘𝘁𝗵𝗶𝗰𝗼𝗻'𝘀 𝗛𝗲𝗺𝗼𝘀𝘁𝗮𝘁𝗶𝗰 𝗣𝗮𝘁𝗰𝗵 𝗥𝗲𝗰𝗲𝗶𝘃𝗲𝘀 𝗖𝗘 𝗠𝗮𝗿𝗸 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹:

In a move that highlights the ongoing innovation in the hemostats market, Ethicon, a part of the Johnson & Johnson Medical Devices Companies, announced the CE Mark approval of its ETHIZIA Hemostatic Sealing Patch in November 2023. This new product is expected to be launched in the EMEA region in the first quarter of 2024, offering surgeons a novel tool for blood control during procedures.

𝗧𝗼𝗽 𝗣𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗛𝗲𝗺𝗼𝘀𝘁𝗮𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁:

• Baxter (U.S.)
• Integra LifeSciences (U.S.)
• Stryker (U.S.)
• Artivion, Inc. (U.S.)
• Biom'up (U.S.)
• BD (Becton, Dickinson and Company) (U.S.)
• Medtronic (Ireland)
• Johnson & Johnson Services, Inc. (U.S.)
• Pfizer Inc. (U.S.)

𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗿𝗶𝘃𝗲𝗿𝘀 𝗮𝗻𝗱 𝗥𝗲𝘀𝘁𝗿𝗮𝗶𝗻𝘁𝘀:

𝙎𝙚𝙫𝙚𝙧𝙖𝙡 𝙛𝙖𝙘𝙩𝙤𝙧𝙨 𝙖𝙧𝙚 𝙥𝙧𝙤𝙥𝙚𝙡𝙡𝙞𝙣𝙜 𝙩𝙝𝙚 𝙜𝙧𝙤𝙬𝙩𝙝 𝙤𝙛 𝙩𝙝𝙚 𝙝𝙚𝙢𝙤𝙨𝙩𝙖𝙩𝙨 𝙢𝙖𝙧𝙠𝙚𝙩:

• 𝗥𝗶𝘀𝗶𝗻𝗴 𝗣𝗿𝗲𝘃𝗮𝗹𝗲𝗻𝗰𝗲 𝗼𝗳 𝗦𝘂𝗿𝗴𝗶𝗰𝗮𝗹 𝗣𝗿𝗼𝗰𝗲𝗱𝘂𝗿𝗲𝘀: An increasing number of surgeries globally is driving the demand for effective hemostatic solutions.
• 𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗠𝗶𝗻𝗶𝗺𝗮𝗹𝗹𝘆 𝗜𝗻𝘃𝗮𝘀𝗶𝘃𝗲 𝗣𝗿𝗼𝗰𝗲𝗱𝘂𝗿𝗲𝘀: The growing adoption of minimally invasive procedures, which often require precise blood control, is creating a need for advanced hemostats.
• 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝗦𝗰𝗶𝗲𝗻𝗰𝗲:Continuous advancements in material science are leading to the development of more innovative and effective hemostatic products.

𝙃𝙤𝙬𝙚𝙫𝙚𝙧, 𝙘𝙚𝙧𝙩𝙖𝙞𝙣 𝙡𝙞𝙢𝙞𝙩𝙖𝙩𝙞𝙤𝙣𝙨 𝙧𝙚𝙢𝙖𝙞𝙣:

• 𝗛𝗶𝗴𝗵 𝗖𝗼𝘀𝘁 𝗼𝗳 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝗛𝗲𝗺𝗼𝘀𝘁𝗮𝘁𝘀: The cost of some advanced hemostats can be a barrier for some healthcare institutions.
• 𝗦𝘁𝗿𝗶𝗻𝗴𝗲𝗻𝘁 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀: Meeting strict regulatory requirements can delay the market entry of new hemostatic products.

𝗙𝗼𝗿 𝗙𝘂𝗹𝗹 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲 𝗩𝗶𝘀𝗶𝘁: https://www.fortunebusinessinsights.com/industry-reports/hemostats-market-100084

𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲:

𝙁𝙤𝙧 𝙖 𝙘𝙤𝙢𝙥𝙧𝙚𝙝𝙚𝙣𝙨𝙞𝙫𝙚 𝙪𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙𝙞𝙣𝙜 𝙤𝙛 𝙩𝙝𝙚 𝙝𝙚𝙢𝙤𝙨𝙩𝙖𝙩𝙨 𝙢𝙖𝙧𝙠𝙚𝙩, 𝙁𝙤𝙧𝙩𝙪𝙣𝙚 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙄𝙣𝙨𝙞𝙜𝙝𝙩𝙨' 𝙧𝙚𝙥𝙤𝙧𝙩 𝙤𝙛𝙛𝙚𝙧𝙨 𝙞𝙣-𝙙𝙚𝙥𝙩𝙝 𝙖𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙤𝙣:

• 𝗠𝗮𝗿𝗸𝗲𝘁 𝗚𝗿𝗼𝘄𝘁𝗵 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝗶𝗼𝗻𝘀:The report provides detailed market size and growth forecasts for the hemostats market over the forecast period.
• 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻: The report segments the market based on product type (passive hemostats, active hemostats, biologic hemostats), application (surgery, wound closure), and end-user (hospitals, ambulatory surgical centers, clinics).
• 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲:The report identifies key players in the market and analyzes their competitive strategies.
• 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: The report provides insights into the growth potential of hemostats in different geographical regions.

𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

𝙋𝙖𝙨𝙨𝙞𝙫𝙚 𝙃𝙚𝙢𝙤𝙨𝙩𝙖𝙩𝙨 𝙇𝙚𝙖𝙙 𝙩𝙝𝙚 𝙒𝙖𝙮:

Within the hemostats market, the passive hemostats segment is expected to hold the leading position during the forecast period. Passive hemostats are simple-to-use devices that rely on physical mechanisms to control bleeding. Their widespread adoption in various surgical procedures contributes to their market dominance.

𝘼 𝘾𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙞𝙫𝙚 𝙇𝙖𝙣𝙙𝙨𝙘𝙖𝙥𝙚:

The hemostats market features a dynamic competitive landscape. Established medical device companies are constantly innovating and expanding their product portfolios. Additionally, smaller players are emerging with specialized hemostatic solutions.

𝙏𝙝𝙚 𝙁𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙃𝙚𝙢𝙤𝙨𝙩𝙖𝙩𝙨:

The hemostats market is poised for continued growth as advancements in technology lead to the development of more effective, user-friendly, and cost-effective hemostatic solutions. With the increasing demand for safe and efficient surgical procedures, hemostats are expected to remain a vital tool in a surgeon's armamentarium.

𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗔𝗰𝗰𝗼𝗿𝗱𝗶𝗻𝗴 𝗧𝗼 𝗬𝗼𝘂𝗿 𝗖𝗼𝗻𝘃𝗲𝗻𝗶𝗲𝗻𝗰𝗲: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/hemostats-market-100084

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This release was published on openPR.