Hemostat Market Will Escalate Rapidly in the Near Future

 Hemostat is a surgical tool used to control bleeding during surgery. Hemostats are applied by the means of tissue sealants and tissue adhesion agents. Tissue sealants and adhesives are mainly classified into two types namely, physical agents and biological substrates. Tissue sealants, tissue adhesives and adhesion prevention products are rapidly replacing conventional sutures for wound and incision closure. Advantages of tissue sealants, tissue adhesives and adhesion prevention products over conventional suture involve minimal invasive application, improve visualization, reduced operating time, prevention of leakage of non-blood fluids and reduced post-operative infection risks and thereby reduction in hospital stays and overall medical costs.

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Wide rangeof applications, continuous advancement in product portfolio, technological advancement facilitating the end users and insurance support to manufacturers in promoting tissue sealants are the major driving forces of the global hemostats market. On the other hand, low awareness about the products and stringent regulatory rules to control and regulate the tissue adhesives and tissue sealants industry are restraining the potential growth of this market. The global hemostats products market can be segmented on the basis of types of product such as:

  • Topical hemostats:
    • Collagen-based topical hemostats
    • Oxidized regenerated cellulose-based topical hemostat
    • Gelatin-based topical hemostat
    • Thrombin-based topical hemostat
    • Combination topical hemostat
  • Tissue Sealants:
    • Fibrin sealants
    • Protein-based sealants
  • Cyanoacrylate-based tissue adhesives
  • Adhesion prevention products

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Geographically the global hemostats market is classified into four major regions namely:
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
Currently, North America dominates the global hemostats market and is followed by Europe due early adoption of highly developed technologies in general healthcare and swift adoption of innovative products in these regions.Asia-Pacific is a promising market for hemostatsand is expected to undergo rapid market growth due to phenomenal growth in the medical tourism industry, increase in purchasing power, rapidly improving healthcare infrastructure and increased awareness. Some of the major companies contributing to this market include 3M, ADCO Global, Inc., Abbott Laboratories, Advanced Medical Solutions Group, Plc. and Dymax Corporation.

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